Equity

BlackRock UK Smaller Companies Fund

  • Bid price as of 21/Nov/2024 GBP 1.06
  • Offer price as of 21/Nov/2024 GBP 1.08

Overview

Investment Approach

The Fund aims to provide a return on your investment (generated through an increase in the value of the assets held by the Fund) over the long term (5 or more consecutive years beginning at the point of investment). The Fund invests at least 70% of its total assets in the equity securities (e.g. shares) of smaller companies incorporated, or listed on a stock exchange, in the United Kingdom which the investment adviser considers to have above average growth prospects. Smaller companies are those whose market capitalisations are similar to that of companies in the Numis Smaller Companies plus AiM ex-Investment Trusts Index at the time of the Fund’s investment. The market capitalisation of a company is the share price of the company multiplied by the number of shares issued. The Fund has the flexibility to invest outside of the asset class set out above.

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.

The value of your investment and the income from it will vary and your initial investment amount is not guaranteed.


Investments in smaller company shares can be more unpredictable and less liquid than those of larger company shares.

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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This chart shows the fund's performance as the percentage loss or gain per year over the last 0 years.

  2019 2020 2021 2022 2023
Total Return (%)
Constraint Benchmark 1 (%)

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 (%) 20.74 - - - 7.30
Constraint Benchmark 1 (%) 20.03 - - - 4.11
Comparator Benchmark 2 (%) 22.20 - - - -
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
Total Return (%) 6.34 -0.62 -5.08 4.13 20.74 - - - 10.93
Constraint Benchmark 1 (%) 4.48 -2.13 -5.32 3.33 20.03 - - - 6.11
Comparator Benchmark 2 (%) 7.55 -0.87 -5.42 3.16 22.20 - - - -
  From
30-Sept-2019
To
30-Sept-2020 		From
30-Sept-2020
To
30-Sept-2021 		From
30-Sept-2021
To
30-Sept-2022 		From
30-Sept-2022
To
30-Sept-2023 		From
30-Sept-2023
To
30-Sept-2024
Total Return (%)

as of 30/Sept/2024

- - - - 15.00
Constraint Benchmark 1 (%)

as of 30/Sept/2024

- - - - 14.10
Comparator Benchmark 2 (%)

as of 30/Sept/2024

- - - - 15.85

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 GBP.

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 of Fund
as of 21/Nov/2024
GBP 371,271,229
Fund Launch Date
08/May/1987
Fund Base Currency
GBP
Constraint Benchmark 1
Numis Smaller Companies plus AIM ex-Investment Trusts Index
Investment Association Category
UK Smaller Companies
Ongoing Charges Figures
0.02%
ISIN
GB00BN091Z92
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
-
Dealing Frequency
Daily, forward pricing basis
SEDOL
BN091Z9
Share Class launch date
10/May/2023
Share Class Currency
GBP
Asset Class
Equity
Comparator Benchmark 2
IA UK Smaller Companies Sector Ave
Initial Charge
0.00%
Management Fee
0.00%
Performance Fee
0.00%
Domicile
United Kingdom
Management Company
BlackRock Fund Managers Ltd
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BUKSCXA

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 31/Oct/2024
83
3y Beta
as of -
-
P/B Ratio
as of 31/Oct/2024
1.80
Standard Deviation (3y)
as of -
-
P/E Ratio
as of 31/Oct/2024
19.55

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/2024
Name Weight (%)
INTEGRAFIN HOLDINGS PLC 2.92
BREEDON GROUP PLC 2.89
HILL & SMITH PLC 2.84
GAMMA COMMUNICATIONS PLC 2.62
XPS PENSIONS GROUP PLC 2.56
Name Weight (%)
WORKSPACE GROUP PLC 2.52
BLOOMSBURY PUBLISHING PLC 2.34
TATTON ASSET MANAGEMENT PLC 2.28
CHEMRING GROUP PLC 2.22
MORGAN SINDALL GROUP PLC 2.09
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31/Oct/2024

% of Market Value

Type Fund Benchmark Net
as of 31/Oct/2024

% of Market Value

Type Fund Benchmark Net
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 Bid Price Offer Price ISIN
Class X ACC GBP 1.06 1.08 GB00BN091Z92
Class A GBP 8.16 8.26 GB0005811301
Class S GBP 1.60 1.62 GB00BVW2JF81
Class S GBP 1.83 1.85 GB00BW1YLZ63
Class D GBP 12.31 12.47 GB00B4LHDZ30
Class A GBP 11.11 11.25 GB0005811418
Class D GBP 8.29 8.39 GB00B8BS3324

Portfolio Managers

Portfolio Managers

Roland Arnold
Roland Arnold

Literature

Literature