Multi Asset

BlackRock Market Advantage Strategy Fund

  • NAV as of 12-Dec-17 GBP 10.90
    52 WK: 10.90 - 10.90
  • 1 Day NAV Change as of 12-Dec-17 0.00 (0.00%)

Overview

Investment Approach


The Fund aims to achieve a return on your investment, through a combination of capital growth and income on the Fund’s assets, which reflects the return of worldwide equities. This will be effected by strategically gaining exposure to a diverse range of asset classes which will result in a comparatively lower risk than if the Fund had invested in worldwide equities alone.

The Fund invests on a global basis both directly and indirectly in equity securities (e.g. shares), fixed income securities (such as bonds), money market instruments (i.e. debt securities with short term maturities) and cash. The Fund will invest indirectly in commodities and property.

The fixed income securities and money market instruments may be issued by governments, government agencies, companies and supranationals (e.g. the International Bank for Reconstruction and Development) and may be below investment grade. The average credit rating of the fixed income securities and money market instruments will be at least BBB- from the credit rating agency Standard and Poor’s or an equivalent rating from another credit rating agency.

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

All currency hedged share classes of this fund use derivatives to hedge currency risk. The use of derivatives for a share class could pose a potential risk of contagion (also known as spill-over) to other share classes in the fund. The fund’s management company will ensure appropriate procedures are in place to minimise contagion risk to other share class. Using the drop down box directly below the name of the fund, you can view a list of all share classes in the fund – currency hedged share classes are indicated by the word “Hedged” in the name of the share class. In addition, a full list of all currency hedged share classes is available on request from the fund’s management company

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Performance

Performance

Chart

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Distributions

Ex-Date Total Distribution
View full table
Ex-Date Total Distribution
For more information: +353 1 612 3394 • www.blackrock.com • investor.services@blackrock.com

This chart shows the fund's performance as the percentage loss or gain per year over the last 10 years.

  2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Total Return (%) 11.65
Comparator Benchmark 1 (%) 0.19

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

  1y 3y 5y 10y Incept.
Total Return (%) - - - - -
Comparator Benchmark 1 (%) - - - - -
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
Total Return (%) - 0.00 - - - - - - -
Comparator Benchmark 1 (%) 0.19 0.02 0.08 0.16 - - - - -
  From
30-Jun-2012
To
30-Jun-2013		 From
30-Jun-2013
To
30-Jun-2014		 From
30-Jun-2014
To
30-Jun-2015		 From
30-Jun-2015
To
30-Jun-2016		 From
30-Jun-2016
To
30-Jun-2017
Total Return (%)

as of 30-Jun-17

- 14.46 4.81 - -

The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

Share Class and Benchmark performance displayed in GBP, hedged share class benchmark performance is displayed in EUR.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

Key Facts

Key Facts

Net Assets
as of 12-Dec-17
GBP 2,400,717
Inception Date
17-Dec-12
Share Class Currency
GBP
Asset Class
Multi Asset
SFDR Classification
Other
Ongoing Charges Figures
0.35%
ISIN
IE00B70CRS17
Use of Income
Distributing
Regulatory Structure
UCITS
Morningstar Category
-
Dealing Frequency
Daily, forward pricing basis
SEDOL
B70CRS1
Net Assets of Fund
as of 20-Nov-24
EUR 162,426,311
Fund Launch Date
31-Jul-07
Base Currency
EUR
Comparator Benchmark 1
3 Month Euribor (Industry Standard) Index
Initial Charge
0.00%
Management Fee
0.30%
Performance Fee
0.00%
Domicile
Ireland
Management Company
BlackRock Asset Management Ireland Limited
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BGIADIB

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 31-Oct-24
2404
Standard Deviation (3y)
as of -
-
P/E Ratio
as of 31-Oct-24
17.15
Yield to Maturity
as of 31-Oct-24
3.81
Effective Duration
as of 31-Oct-24
9.95
12 Month Trailing Dividend Distribution Yield
as of 29-Feb-16
0.00
3y Beta
as of -
-
P/B Ratio
as of 31-Oct-24
1.90
Modified Duration
as of 31-Oct-24
10.35
Weighted Avg Maturity
as of 31-Oct-24
3.12

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. MSCI Ratings are currently unavailable for this fund.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons
as of 31-Oct-24
0.00%
MSCI - Nuclear Weapons
as of 31-Oct-24
0.00%
MSCI - Civilian Firearms
as of 31-Oct-24
0.00%
MSCI - Tobacco
as of 31-Oct-24
0.00%
MSCI - UN Global Compact Violators
as of 31-Oct-24
0.00%
MSCI - Thermal Coal
as of 31-Oct-24
0.00%
MSCI - Oil Sands
as of 31-Oct-24
0.00%
Business Involvement Coverage
as of 31-Oct-24
58.28%
Percentage of Fund not covered
as of 31-Oct-24
28.80%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.01% and for Oil Sands 0.00%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

ESG Integration

ESG Integration

BlackRock considers many investment risks in our processes. In order to seek the best risk-adjusted returns for our clients, we manage material risks and opportunities that could impact portfolios, including financially material Environmental, Social and/or Governance (ESG) data or information, where available. See our Firm Wide ESG Integration Statement for more information on this approach and fund documentation for how these material risks are considered within this product, where applicable.

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Holdings

Holdings

as of 31-Oct-24
Name Weight (%)
ISHRS GREEN BD IDX (IE)FLX EUR HDG 14.36
TAIWAN SEMICONDUCTOR MANUFACTURING 1.35
NVIDIA CORP 0.93
APPLE INC 0.92
MICROSOFT CORP 0.72
Name Weight (%)
TENCENT HOLDINGS LTD 0.59
FRANCE (REPUBLIC OF) 0.1 03/01/2029 0.56
FRANCE (REPUBLIC OF) 1.85 07/25/2027 0.52
TREASURY (CPI) NOTE 0.125 04/15/2026 0.49
GERMANY (FEDERAL REPUBLIC OF) 0.5 04/15/2030 0.49
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-Oct-24

% of Market Value

Type Fund
as of 31-Oct-24

% of Market Value

Type Fund
as of 31-Oct-24

% of Market Value

Type Fund
as of 31-Oct-24

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
Sorry, maturities are not available at this time.
Sorry, ratings are not available at this time.
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management. Allocations are subject to change.

Pricing & Exchange

Pricing & Exchange

Investor Class Currency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Class B GBP 10.90 0.00 0.00 12-Dec-17 10.90 10.90 IE00B70CRS17
Class B EUR 13.76 -0.19 -1.36 07-Mar-22 15.23 13.76 IE00B1XFCH91
Class A GBP 15.98 0.01 0.05 20-Nov-24 16.32 13.68 IE00B1XFCB30
Class E GBP 11.48 0.01 0.05 20-Nov-24 11.73 9.87 IE00B91N1B80
Class A GBP 12.55 -0.02 -0.16 13-May-21 12.95 11.09 IE00B91QJN52
Class E GBP 11.57 0.01 0.05 20-Nov-24 11.83 10.08 IE00B7WF0L28
Class B GBP 13.23 -0.07 -0.52 11-Oct-22 17.58 13.15 IE00B1XFCG84
Class E EUR 13.34 0.01 0.05 20-Nov-24 13.67 11.61 IE00B884ZV52

Portfolio Managers

Portfolio Managers

Philip Hodges
Philip Hodges
He Ren
He Ren

PRIIPs Performance Scenarios

PRIIPs Performance Scenarios

The EU Packaged Retail and Insurance-Based Products Regulation (PRIIPs) prescribes the calculation methodology, and publication of the outcomes, of four hypothetical performance scenarios regarding how the product may perform under certain conditions and for such to be published on a monthly basis. The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back. What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted. The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product, which may include input from benchmark(s) / proxy, over the last ten years.
Recommended holding period : 5 years
Example Investment GBP 10,000
Scenario
If you exit after 1 year
If you exit after 5 years

Minimum

There is no minimum guaranteed return. You could lose some or all of your investment.

Stress

What you might get back after costs
Average return each year
6,970 GBP
-30.3%
4,840 GBP
-13.5%

Unfavourable

What you might get back after costs
Average return each year
7,730 GBP
-22.7%
9,220 GBP
-1.6%

Moderate

What you might get back after costs
Average return each year
10,540 GBP
5.4%
11,200 GBP
2.3%

Favourable

What you might get back after costs
Average return each year
12,200 GBP
22.0%
14,220 GBP
7.3%

The stress scenario shows what you might get back in extreme market circumstances.



Literature

Literature