InvestSMART

BlackRock Asset Allocation Alpha C - Managed Fund (Closed)

Fund Objective
The Fund targets a return of 12 percentage points above the UBS Australia Bank Bill Index over rolling 3 year periods, gross of fees. There is no guarantee that we will achieve this target. Most, if not all, of the Fund's returns are likely to be in the form of income rather than capital gains.
Fund Strategy
The Fund seeks to achieve its investment objective by implementing tactical asset allocation strategies. The strategies adopted are thematic, concentrating on exploiting trends, likely developments and mis-pricing in global asset markets. The strategies adopted encompass equity, cash, fixed interest, property, commodity and currency markets.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.28% 1.34% -2.9% -11.25% -5.15% -6.51% -% -%
Growth return 0.28% 1.34% -2.9% -11.25% -5.15% -6.63% -% -%
Income return 0% 0% 0% 0% 0% 0.12% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.29% 0.9% 1.85% 4.02% 4.2% 4.02% 2.58% 2.07%
As at 30 Apr 2013. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BlackRock Asset Allocation Alpha C
Cash
6.78%
Fixed Interest
1.65%
Alternatives
91.57%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Average Allocation of Peers
Cash
46.36%
Fixed Interest
20.35%
Alternatives
20.74%
Australian Equities
3.95%
International Equities
6.73%
Property & Infrastructure
1.87%

General Information

Fund Details
Type Description
BlackRock Asset Allocation Alpha C
Closed
BlackRock Investment Mgmt (AUS) Ltd
MAL0036AU
Alternative - Other
star (as at 30 Apr 2013)
Investment Fund
12 May 2008
$0.86 million (as at 31 Mar 2013)
$0.7409 (as at 1 May 2013)
$0.7409 (as at 1 May 2013)
Finalised
Offer information
Type Description
Standard entry fee 4%
Indirect Cost Ratio (ICR) 1.40% (as at 30 Jun 2012)
Minimum initial investment $5,000.00

FAQs about the BlackRock Asset Allocation Alpha C

The objective of the BlackRock Asset Allocation Alpha C managed fund is The Fund targets a return of 12 percentage points above the UBS Australia Bank Bill Index over rolling 3 year periods, gross of fees. There is no guarantee that we will achieve this target. Most, if not all, of the Fund's returns are likely to be in the form of income rather than capital gains.

The strategy of the BlackRock Asset Allocation Alpha C managed fund is The Fund seeks to achieve its investment objective by implementing tactical asset allocation strategies. The strategies adopted are thematic, concentrating on exploiting trends, likely developments and mis-pricing in global asset markets. The strategies adopted encompass equity, cash, fixed interest, property, commodity and currency markets.

The APIR code of the BlackRock Asset Allocation Alpha C managed fund is MAL0036AU.

BlackRock Asset Allocation Alpha C’s total return last month was 0.28%. This was made up of a growth return of 0.28% and an income return of 0%. These returns were calculated as at 30 Apr 2013.

BlackRock Asset Allocation Alpha C’s total return for the last three months was 1.34%. This was made up of a growth return of 1.34% and an income return of 0%%. These returns were calculated as at 30 Apr 2013.

BlackRock Asset Allocation Alpha C’s one-year total return is -11.25%. This was made up of a growth return of -11.25% and an income return of 0%. These returns were calculated as at 30 Apr 2013.

BlackRock Asset Allocation Alpha C’s one-year total return is -6.51%. This was made up of a growth return of -6.63% and an income return of 0.12%. These returns were calculated as at 30 Apr 2013.

The asset allocation of the BlackRock Asset Allocation Alpha C managed fund is :

Cash
6.78%
Fixed Interest
1.65%
Alternatives
91.57%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%

The Responsible Entity for the BlackRock Asset Allocation Alpha C managed fund is BlackRock Investment Mgmt (AUS) Ltd.

The BlackRock Asset Allocation Alpha C managed fund belongs to the Alternative - Other sector/asset class.

As at 31 Mar 2013, the size of the BlackRock Asset Allocation Alpha C managed fund was $0.86 million.

The BlackRock Asset Allocation Alpha C managed fund has an inception date of 12 May 2008.

The current entry price of the BlackRock Asset Allocation Alpha C managed fund is $0.7409 per unit and the current exit price is $0.7409 per unit (as at 1 May 2013).

The current exit price of the BlackRock Asset Allocation Alpha C managed fund is $0.7409 per unit and the current entry price is $0.7409 per unit (as at 1 May 2013).

The minimum initial investment amount for the BlackRock Asset Allocation Alpha C managed fund is $5,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.