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BLACKROCK UK EQUITY TRACKER L

BLACKROCK UK EQUITY TRACKER L - Overview

Overview of BLACKROCK UK EQUITY TRACKER L

A UK FTSE All share tracker investing primarily in direct equity.

  • Standard Initial Charge 0.00%
  • Initial charge via Bestinvest 0.00%

Fund summary

Sector UK All Companies
Structure UNIT TRUST
Launched August, 2005
Size £7,759m
Yield 3.1%
Charging basis Income
Dividends paid Acc units only

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.59%
Annual management charge 0.20%
Total expense ratio 0.21%

Risks

Before investing make sure you have understood the risks relevant to the fund by reviewing our Risk Warnings section. Further information on the risks are contained in the fund's Key Investor Information Document, which we make available to you before you make a decision to invest, alternatively it is available on request.

Bestinvest view

No information available.

Portfolio

Allocation Proportion(%)
Equity 98
High yield bonds 0
Quality bonds 0
Property 0
Commodities 0
Hedge 0
Fund cash 2
Allocation Proportion(%)
UK 97
Europe 2
North America 0
Japan 0
Pacific 0
Other Equity 1
Allocation Proportion(%)
Large Caps 78
Mid Caps 17
Small Caps 5

View all performance data for this fund

Investment process

The aim of the Fund is to seek to achieve capital growth for investors by tracking closely the performance of the FTSE All-Share Index by investing in companies in the Index. Investment will be made directly into constituent companies and via other transferable securities giving exposure to such companies. The Fund may also invest in permitted money market instruments, permitted deposits, and units in collective investment schemes.

Live feed

Bid price(inc) 169.70p
Accum units 169.70p
Fund commentary 02/12/09
Fund data updated on 19/12/14

Asset allocation

Allocation Proportion(%)
Equity 98
High yield bonds 0
Quality bonds 0
Property 0
Commodities 0
Hedge 0
Fund cash 2

Equity Geographic

Allocation Proportion(%)
UK 97
Europe 2
North America 0
Japan 0
Pacific 0
Other Equity 1

Equity Capitalisation

Allocation Propor
tion(%)
Large Caps 78
Mid Caps 17
Small Caps 5

Top 10 holdings

As at: 31/03/2014
5.6% Hsbc Hldgs
4.3% Bp
4.2% Royal Dutch Shell
3.8% Glaxosmithkline
3.1% British American Tobacco
2.9% Vodafone Group
2.8% Royal Dutch Shell
2.4% Astrazeneca Plc
2.3% Diageo
2% Rio Tinto
Source: Trustnet

Sector breakdown

Financials 24%
Oil & Gas 15%
Consumer Goods 14%
Consumer Services 11%
Industrials 11%
Basic Materials 8%
Health Care 8%
Telecommunications 5%
Utilities 4%
Technology 2%

Portfolio details

No information available.

Constraints

No information available.

Average monthly relative returns Bestinvest MRI
09/10 10/11 11/12 12/13 13/14   3 years 5 years Career 3 years 5 years Career
0.01% -0.23% -0.08%   -0.01% 52.80%
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Nimish Patel

Manager. Patel is a Managing Director and Senior Portfolio Manager and is also a member of Blackrock’s Institutional Index Equity Team. His service with the firm dates back to 2006, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009.At BGO, he served in the Institutional Index Equity team as a senior portfolio manager where he was responsible for overseeing all strategic client portfolios.He was a portfolio manager in the Quantitative Management Group at Northern Trust Global Investments, prior to joining BGI where he managed a broad range of portfolios including indexed fixed income, global enhanced equity and global index equity. He joined NTGI in 2003 following its acquisition of Deutsche Asset Management's Quant and Index business. He joined Deutsche Asset Management in 1997. During his time at Deutsche Asset Management, he initially served as a Fund Manager’s assistant for UK Active Equity prior to transitioning to the Quantitative Investment Group where he served as a Portfolio Manager and Transition Manager. Patel is an Affiliate of The Association of Chartered Certified Accountants (ACCA).

Track record

Nimish Patel has 5.5 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.01%. During the worst period of relative performance (from October 2009 - November 2011) there was a decline of 4% relative to the index. The worst absolute loss has been 36%.

Periods of worst performance
Absolute -36% (June 2008 - February 2009)
Relative -4% (October 2009 - November 2011)

Sector record since June 2008 (6 yrs)




About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

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