Bestinvest Logo
Why us
Planning ahead
Insights
fund

BlackRock UK Special Situations D

Bestinvest LogoA multi-cap UK equity fund with a bias to mid cap and smaller companies.

PRICE (INC)

2642.3p

PRICE (ACC)

5246.97p

INITIAL CHARGE

0%

ANNUAL MANAGEMENT CHARGE

0.75%

ONGOING CHARGE

0.91%

YIELD

1.6%

1 YEAR
-13.12%

Prices as at 11 Aug 2022.

We don’t currently provide commentary on this fund.

Past performance is not an indication of future performance.

Capital at risk.

The fund targets long-term capital growth from a portfolio of UK equities. This is a relatively unconstrained portfolio run by BlackRock’s UK equity team; co-managers Roland Arnold and Luke Chappell will always have at least 50% invested in small and mid cap, with a focus on quality growth companies. They will also include FTSE 100 stocks, often value opportunities or businesses operating in areas not typically available in the small and mid cap universe such as oil and mining companies.

Fund summary

SectorUK All Companies
StructureUNIT TRUST
LaunchedApril 2010
Size£492m
Yield1.6%
Charging BasisIncome
Dividends paid20 Jun, 20 Dec

Charges

Standard Initial Charge0%
Initial Charge Via BestInvest0%
Additional Bid/Offer Spread0.96%
Annual Management Charge0.75%
Ongoing Charges Figure0.91%

Investment Process

The fund invests across the entire UK equity market including AiM, but has a structural bias to medium and small sized companies. Co-managers Roland Arnold and Luke Chappell maintain a growth emphasis to their stock picking ie. preferring businesses growing faster than the market average, and believe these are more commonly found amongst smaller companies. FTSE 100 companies tend to be owned where growth stories are not represented in small / mid caps e.g. cash generative resource companies, where compelling value opportunities exist, or for risk control. 80% of research is internal, with the UK small/mid cap team carrying out around 700 company meetings a year. They look for companies with the following characteristics: high quality management; strong market position with barriers to entry; strong cash generation; a track record of consistent growth (or a catalyst for change) and a strong balance sheet. The process is primarily bottom up, which sometimes leads to sector views in which case they will be confirmed with the BlackRock strategy team.

The information on this website is not intended to be advice or a recommendation to buy, sell or hold any investment mentioned. The value of investments and the income from them can go down as well as up and you may not get back the amount invested.

Past performance is not a guide to future performance. View full risk warning