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  5. BlackRock Australian Equity Market Neutral Fund - Managed fund profile

BlackRock Australian Equity Market Neutral Fund - Managed Fund (Closed)

Fund Objective
The BlackRock Australian Equity Market Neutral Fund aims to achieve superior investment performance through providing returns, before fees, that consistently exceed those of the RBA Cash Rate Target, over rolling 3-year periods.
Fund Strategy
The Fund employs a scientific market neutral investment strategy, and has been designed to utilise the same powerful "broad families" of equity return forecasting signals as our long-only active Australian equity strategy. Stock selection decisions are made through a disciplined investment process which we refer to as "Alpha Tilts". This ensures that within the long and short portfolio active risk is diversified across a broad spectrum of stocks in a variety of industries in order to provide consistent returns over time.

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 -% -% -% -% -% -% -% -%
Growth return -% -% -% -% -% -% -% -%
Income return -% -% -% -% -% -% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.36% 1.07% 2.15% 4.21% 3.33% 2.23% 1.56% 1.82%
Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BlackRock Australian Equity Market Neutral Fund
Australian Equities
100%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
5.98%
International Equities
9.98%
Cash
46.44%
Property
2.07%
Fixed Interest
15.58%
Alternatives
19.95%

General Information

Fund Details
Type Description
BlackRock Australian Equity Market Neutral Fund (Wholesale)
Closed
BlackRock Investment Mgmt (AUS) Ltd
BGL0064AU
Hedge Funds - Australia
starstarstar (as at 30 Apr 2014)
Investment Fund
31 Aug 2001
$674.06 million (as at 30 Jun 2014)
$1.57734 (as at 17 Jul 2014)
$1.56165 (as at 17 Jul 2014)
Suppressed
Offer information
Type Description
Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2011)
Minimum initial investment $500,000
Minimum redemption amount

Top 10 holdings (as at 28 Feb 2014)

Holding (as at 28 Feb 2014) Type % of Portfolio
Australia and New Zealand Banking Group Ltd Equity 207.46%
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FAQs about the BlackRock Australian Equity Market Neutral Fund

The objective of the BlackRock Australian Equity Market Neutral Fund managed fund is The BlackRock Australian Equity Market Neutral Fund aims to achieve superior investment performance through providing returns, before fees, that consistently exceed those of the RBA Cash Rate Target, over rolling 3-year periods.

The strategy of the BlackRock Australian Equity Market Neutral Fund managed fund is The Fund employs a scientific market neutral investment strategy, and has been designed to utilise the same powerful "broad families" of equity return forecasting signals as our long-only active Australian equity strategy. Stock selection decisions are made through a disciplined investment process which we refer to as "Alpha Tilts". This ensures that within the long and short portfolio active risk is diversified across a broad spectrum of stocks in a variety of industries in order to provide consistent returns over time.

The APIR code of the BlackRock Australian Equity Market Neutral Fund managed fund is BGL0064AU.

BlackRock Australian Equity Market Neutral Fund’s total return last month was -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at .

BlackRock Australian Equity Market Neutral Fund’s total return for the last three months was -%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at .

BlackRock Australian Equity Market Neutral Fund’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at .

BlackRock Australian Equity Market Neutral Fund’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at .

The asset allocation of the BlackRock Australian Equity Market Neutral Fund managed fund is :

Australian Equities
100%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the BlackRock Australian Equity Market Neutral Fund managed fund is BlackRock Investment Mgmt (AUS) Ltd.

The BlackRock Australian Equity Market Neutral Fund managed fund belongs to the Hedge Funds - Australia sector/asset class.

As at 30 Jun 2014, the size of the BlackRock Australian Equity Market Neutral Fund managed fund was $674.06 million.

The BlackRock Australian Equity Market Neutral Fund managed fund has an inception date of 31 Aug 2001.

The current entry price of the BlackRock Australian Equity Market Neutral Fund managed fund is $1.57734 per unit and the current exit price is $1.56165 per unit (as at 17 Jul 2014).

The current exit price of the BlackRock Australian Equity Market Neutral Fund managed fund is $1.56165 per unit and the current entry price is $1.57734 per unit (as at 17 Jul 2014).

The minimum initial investment amount for the BlackRock Australian Equity Market Neutral Fund managed fund is $500,000.

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.