A multi-cap UK equity fund with a bias to mid cap and smaller companies.
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.
|Sector||UK All Companies|
|Dividends paid||20 Jun, 20 Dec|
|Standard Initial Charge||0%|
|Initial Charge Via BestInvest||0%|
|Additional Bid/Offer Spread||0.96%|
|Annual Management Charge||0.75%|
|Ongoing Charges Figure||0.91%|
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.
Past performance is not a guide to future performance. View full risk warning