BlackRock UK Class D Inc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 30/04/19 to 30/04/20 |
30/04/20 to 30/04/21 |
30/04/21 to 30/04/22 |
30/04/22 to 30/04/23 |
30/04/23 to 30/04/24 |
|
|---|---|---|---|---|---|
| Fund | -6.3% | 27.4% | -9.3% | -1.5% | 9.5% |
| Sector | -14.6% | 30.3% | -0.1% | 1.8% | 6.9% |
| Rank | 25/213 | 103/218 | 191/222 | 165/228 | 40/230 |
| Quartile | 1 | 2 | 4 | 3 | 1 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/04/24 |
5 Years to 30/04/24 |
10 Years to 30/04/24 |
||
| Fund | -0.7% | 3.1% | 5.9% | |
| Sector | 2.8% | 3.9% | 5.0% | |
| Rank | 158/222 | 137/213 | 45/185 | |
| Quartile | 3 | 3 | 1 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| SHELL | 5.06 |
| LONDON STOCK EXCHANGE GROUP | 4.93 |
| ASTRAZENECA | 4.58 |
| RIO TINTO | 4.58 |
| RELX | 4.29 |
| NEXT | 4.15 |
| HSBC HOLDINGS | 3.80 |
| COMPASS GROUP | 3.65 |
| MICROSOFT CORPORATION | 2.72 |
| GAMMA COMMUNICATIONS | 2.39 |
| Total | 40.15 |
Fund Aims
To achieve long-term capital growth for investors. The Fund invests primarily in the shares of larger companies incorporated or listed in the UK. The Fund may also invest in collective investment schemes.
Fund Manager
Nicholas Little, Director and portfolio manager, is a member of the UK Specialist Equity team within BlackRock's Fundamental Equity Portfolio Management Group. He covers the mining and industrials sectors. Mr. Little's service with the firm dates back to 2001, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, Mr. Little was a research analyst on the UK equity team. Prior to joining MLIM in 2001, Mr. Little worked in Arthur Andersen's corporate tax department. Mr. Little earned an MA degree, with first class honours, in conomics from Pembroke College, Cambridge in 2001.
Fund Overview
| Bid (03/05/2024) | 453.42p |
| Offer (03/05/2024) | 456.13p |
| Historic yield | 1.74% |
| Fund size (29/02/2024) | £444.28m |
| Number of holdings | 62 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.90% |
| Launch date | 10/06/2011 |
Asset Allocation
| UK Equities | 81.32% | |
| International Equities | 16.71% | |
| Alternative Trading Strategies | 1.89% | |
| Property | 0.07% | |
| Cash and Equivalents | 0.01% |
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Asset Allocation
| UK Equities | 81.32% | |
| International Equities | 16.71% | |
| Alternative Trading Strategies | 1.89% | |
| Property | 0.07% | |
| Cash and Equivalents | 0.01% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Consumer Discretionary | 23.09% | - | - | - | |
| Consumer Products & Services | - | 7.95% | - | - | |
| Consumer Services | - | - | 4.83% | - | |
| Vending & Catering Service | - | - | - | 3.65% | |
| Consumer Services: Misc. | - | - | - | 1.18% | |
| Household Goods & Home Construction | - | - | 1.95% | - | |
| Home Construction | - | - | - | 1.95% | |
| Personal Goods | - | - | 0.64% | - | |
| Luxury Items | - | - | - | 0.64% | |
| Leisure Goods | - | - | 0.53% | - | |
| Toys | - | - | - | 0.53% | |
| Retail | - | 7.31% | - | - | |
| Retailers | - | - | 7.31% | - | |
| Diversified Retailers | - | - | - | 4.15% | |
| Specialty Retailers | - | - | - | 1.79% | |
| Home Improvement Retailers | - | - | - | 1.38% | |
| Media | - | 6.71% | - | - | |
| Media | - | - | 6.71% | - | |
| Publishing | - | - | - | 4.29% | |
| Media Agencies | - | - | - | 2.42% | |
| Travel & Leisure | - | 1.12% | - | - | |
| Travel & Leisure | - | - | 1.12% | - | |
| Hotels & Motels | - | - | - | 1.12% | |
| Financials | 17.81% | - | - | - | |
| Financial Services | - | 12.08% | - | - | |
| Finance & Credit Services | - | - | 6.63% | - | |
| Financial Data & Systems | - | - | - | 6.63% | |
| Investment Banking & Brokerage Services | - | - | 5.45% | - | |
| Asset Managers & Custodians | - | - | - | 4.85% | |
| Investment Services | - | - | - | 0.60% | |
| Banks | - | 5.73% | - | - | |
| Banks | - | - | 5.73% | - | |
| Banks | - | - | - | 5.73% | |
| Industrials | 17.39% | - | - | - | |
| Industrial Goods & Services | - | 15.36% | - | - | |
| Electronic & Electrical Equipment | - | - | 4.00% | - | |
| Electronic Equipment: Control & Filter | - | - | - | 2.45% | |
| Electronic Equipment: Gauges & Meters | - | - | - | 1.00% | |
| Electrical Components | - | - | - | 0.55% | |
| Industrial Support Services | - | - | 3.47% | - | |
| Transaction Processing Services | - | - | - | 1.99% | |
| Industrial Suppliers | - | - | - | 1.49% | |
| General Industrials | - | - | 2.70% | - | |
| Containers & Packaging | - | - | - | 1.80% | |
| Diversified Industrials | - | - | - | 0.90% | |
| Aerospace & Defence | - | - | 2.63% | - | |
| Aerospace | - | - | - | 1.62% | |
| Defense | - | - | - | 1.01% | |
| Industrial Transportation | - | - | 2.08% | - | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 2.08% | |
| Industrial Engineering | - | - | 0.49% | - | |
| Machinery: Construction & Handling | - | - | - | 0.49% | |
| Construction & Materials | - | 2.02% | - | - | |
| Construction & Materials | - | - | 2.02% | - | |
| Cement | - | - | - | 2.02% | |
| Technology | 9.80% | - | - | - | |
| Technology | - | 9.80% | - | - | |
| Software & Computer Services | - | - | 9.80% | - | |
| Consumer Digital Services | - | - | - | 4.53% | |
| Software | - | - | - | 3.81% | |
| Computer Services | - | - | - | 1.46% | |
| Energy | 8.08% | - | - | - | |
| Energy | - | 8.08% | - | - | |
| Non-Renewable Energy | - | - | 8.08% | - | |
| Integrated Oil & Gas | - | - | - | 6.43% | |
| Oil: Crude Producers | - | - | - | 1.65% | |
| Basic Materials | 6.95% | - | - | - | |
| Basic Resources | - | 6.95% | - | - | |
| Industrial Metals & Mining | - | - | 6.95% | - | |
| General Mining | - | - | - | 6.95% | |
| Health Care | 6.77% | - | - | - | |
| Health Care | - | 6.77% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 5.41% | - | |
| Pharmaceuticals | - | - | - | 5.41% | |
| Medical Equipment & Services | - | - | 1.36% | - | |
| Medical Equipment | - | - | - | 1.36% | |
| Consumer Staples | 3.44% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 3.44% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 3.44% | - | |
| Personal Products | - | - | - | 2.05% | |
| Nondurable Household Products | - | - | - | 1.39% | |
| Real Estate | 2.39% | - | - | - | |
| Real Estate | - | 2.39% | - | - | |
| Real Estate Investment Trusts | - | - | 1.30% | - | |
| Office REITs | - | - | - | 1.23% | |
| Diversified REITs | - | - | - | 0.07% | |
| Real Estate Investment & Services | - | - | 1.09% | - | |
| Real Estate Holding and Development | - | - | - | 1.09% | |
| Telecommunications | 2.39% | - | - | - | |
| Telecommunications | - | 2.39% | - | - | |
| Telecommunications Service Providers | - | - | 2.39% | - | |
| Telecommunications Services | - | - | - | 2.39% | |
| Alternative Trading Strategies | 1.89% | - | - | - | |
| Alternative Trading Strategies | - | 1.89% | - | - | |
| Alternative Trading Strategies | - | - | 1.89% | - | |
| Alternative Trading Strategies | - | - | - | 1.89% | |
| Cash and Equivalents | 0.01% | - | - | - | |
Regional Allocation
| UK | 81.32% | |
| North America | 10.78% | |
| Developed Europe - Excl UK | 4.59% | |
| Non-Classified | 1.89% | |
| Australia & New Zealand | 1.34% | |
| Property | 0.07% | |
| Cash and Equivalents | 0.01% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 99.39% | |
| Cash | 0.51% | |
| Pound Sterling | 0.11% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 81.32% | - | |
United Kingdom
|
- | 81.32% | |
| North America | 10.78% | - | |
United States
|
- | 10.78% | |
| Developed Europe - Excl UK | 4.59% | - | |
Ireland
|
- | 4.59% | |
| Non-Classified | 1.89% | - | |
| Australia & New Zealand | 1.34% | - | |
Australia
|
- | 1.34% | |
| Property | 0.07% | - | |
| Cash and Equivalents | 0.01% | - | |
Breakdown By Market Cap (%)
| Mega |
|
45.28% |
| Large |
|
12.38% |
| Medium |
|
26.11% |
| Small |
|
5.52% |
| Non-Classified |
|
10.71% |
| Cash |
|
0.01% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | SHELL | 5.06% | Non-Renewable Energy | United Kingdom |
| 2 | LONDON STOCK EXCHANGE GROUP | 4.93% | Finance & Credit Services | United Kingdom |
| 3 | ASTRAZENECA | 4.58% | Pharmaceuticals & Biotechnology | United Kingdom |
| 4 | RIO TINTO | 4.58% | Industrial Metals & Mining | United Kingdom |
| 5 | RELX | 4.29% | Media | United Kingdom |
| 6 | NEXT | 4.15% | Retailers | United Kingdom |
| 7 | HSBC HOLDINGS | 3.80% | Banks | United Kingdom |
| 8 | COMPASS GROUP | 3.65% | Consumer Services | United Kingdom |
| 9 | MICROSOFT CORPORATION | 2.72% | Software & Computer Services | United States |
| 10 | GAMMA COMMUNICATIONS | 2.39% | Telecommunications Service Providers | United Kingdom |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 4.63% | 5.17% | - | - | - | - | - | - | 9.80% |
| Telecommunications | 2.39% | - | - | - | - | - | - | - | 2.39% |
| Financials | 16.12% | 1.69% | - | - | - | - | - | - | 17.81% |
| Real Estate | 2.32% | - | - | - | - | 0.07% | - | - | 2.39% |
| Consumer Discretionary | 23.09% | - | - | - | - | - | - | - | 23.09% |
| Consumer Staples | 3.44% | - | - | - | - | - | - | - | 3.44% |
| Energy | 8.08% | - | - | - | - | - | - | - | 8.08% |
| Health Care | 5.41% | 1.36% | - | - | - | - | - | - | 6.77% |
| Industrials | 10.23% | 7.15% | - | - | - | - | - | - | 17.39% |
| Basic Materials | 5.62% | 1.34% | - | - | - | - | - | - | 6.95% |
| Cash and Equivalents | - | - | - | - | - | - | - | 0.01% | 0.01% |
| Non-Classified | - | - | - | - | - | - | 1.89% | - | 1.89% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | B586CB9 |
| Mex Code | MYKROC |
| Isin Code | GB00B586CB96 |
| Citi Code | 00PG |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.90% |
Aims and Benchmark
| Aims | To achieve long-term capital growth for investors. The Fund invests primarily in the shares of larger companies incorporated or listed in the UK. The Fund may also invest in collective investment schemes. |
| Benchmark | FTSE All-Share (net) |
| Benchmark Category | - |
| IA Sector | UK All Companies |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | Unit Trust |
| Launch price | £1.00 |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Biannually |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 01 March | 30 April |
| 01 September | 31 October |
Ratings
| FE Crown |  |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | BNY Mellon Trust & Depositary (UK) Ltd |
| Fund Administrator | IFDS |
| Fund Registrar | IFDS |
| Fund Custodian | The Bank of New York Mellon SA/NV |
Group Details
| Group name | BlackRock Investment Management (UK) Limited |
| Group address | 12 Throgmorton Avenue London EC2N 2DL |
| Group telephone | 08457 405 405 |
| Dealing telephone | 0800 445522 |
| broker.services@blackrock.com | |
| Homepage | www.blackrock.co.uk |
| Fax number | 020 7743 1135 |
Dealing
| Minimum Investment | £100000 |
| Minimum Top Up | £100 |
| Minimum Regular Saving | - |
| Settlement Period: Buy | 3 days |
| Settlement Period: Sell | 3 days |
| Pricing Basis | Forward |
| Dealing Decimals | 3 |
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | -3.63 |
| Beta | 1.07 |
| Sharpe | -0.01 |
| Standard Deviation | 14.30 |
| Info Ratio | -0.56 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | No |
| Concentrated Portfolio | No |
| Smaller Companies | No |
| High Yield Bonds | No |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | No |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | No |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | No |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
Important Information
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.