BlackRock Australian Equities Absolute Return - Managed Fund (Closed)

Fund Objective

The fund aims to deliver 8%pa above the RBA Cash Rate over rolling 3 year periods before fees.

Fund Strategy

The Fund invests in all of its assets in units of the BlackRock Australian Equity Market Neutral Fund, a fund managed by a member of the BlackRock Group. The Underlying Fund provides the Fund with exposure to a portfolio of long and short Australian equity positions.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-0.85%	-0.78%	-1.79%	-1.11%	1.39%	1.96%	0.71%	-%
Growth return	-0.85%	-0.78%	-7.43%	-6.79%	-3.66%	-3.18%	-4.58%	-%
Income return	0%	0%	5.64%	5.68%	5.05%	5.14%	5.29%	-%
Market index (RBA Bank accepted Bills 90 Days)
Total return	0.31%	0.92%	1.82%	3.77%	4.09%	4.08%	2.82%	2.12%

As at 30 Sep 2018. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BlackRock Australian Equities Absolute Return

Australian Equities: 100%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 5.86%

International Equities: 2.19%

Cash: 55.32%

Property & Infrastructure: 2%

Fixed Interest: 15.87%

Alternatives: 18.77%

General Information

Fund Details

Type	Description
Fund Name	BlackRock Australian Equities Absolute Return (Wholesale)
Fund Status	Closed
Responsible Entity	BlackRock Investment Mgmt (AUS) Ltd
APIR Code	MAL0079AU
Sector/Asset Class	Alternative - Other
Morningstar Rating	Not Rated
Legal Structure	Investment Fund
Fund Inception	20 Apr 2012
Fund Size	$19.92 million (as at 30 Sep 2018)
Entry Price	$0.67565 (as at 8 Oct 2018)
Exit Price	$0.67565 (as at 8 Oct 2018)
Fund Status	Finalised

Offer information

Type	Description
Indirect Cost Ratio (ICR)	0.30% (as at 30 Jun 2018)
Minimum initial investment	$50,000
Minimum redemption amount

Top 10 holdings (as at 31 Oct 2023)

Holding (as at 31 Oct 2023)	Type	% of Portfolio
Technology One Ltd	Equity	2.30%
Login now to view the complete list of holdings.

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FAQs about the BlackRock Australian Equities Absolute Return

What is the objective of the BlackRock Australian Equities Absolute Return managed fund?

The objective of the BlackRock Australian Equities Absolute Return managed fund is The fund aims to deliver 8%pa above the RBA Cash Rate over rolling 3 year periods before fees.

What is the strategy for the BlackRock Australian Equities Absolute Return managed fund?

The strategy of the BlackRock Australian Equities Absolute Return managed fund is The Fund invests in all of its assets in units of the BlackRock Australian Equity Market Neutral Fund, a fund managed by a member of the BlackRock Group. The Underlying Fund provides the Fund with exposure to a portfolio of long and short Australian equity positions.

What is the APIR code of the BlackRock Australian Equities Absolute Return managed fund?

The APIR code of the BlackRock Australian Equities Absolute Return managed fund is MAL0079AU.

What was BlackRock Australian Equities Absolute Return’s total return last month?

BlackRock Australian Equities Absolute Return’s total return last month was -0.85%. This was made up of a growth return of -0.85% and an income return of 0%. These returns were calculated as at 30 Sep 2018.

What was BlackRock Australian Equities Absolute Return’s total return for the last three months?

BlackRock Australian Equities Absolute Return’s total return for the last three months was -0.78%. This was made up of a growth return of -0.78% and an income return of 0%%. These returns were calculated as at 30 Sep 2018.

What is BlackRock Australian Equities Absolute Return’s one-year total return?

BlackRock Australian Equities Absolute Return’s one-year total return is -1.11%. This was made up of a growth return of -6.79% and an income return of 5.68%. These returns were calculated as at 30 Sep 2018.

What is BlackRock Australian Equities Absolute Return’s three-year total return?

BlackRock Australian Equities Absolute Return’s one-year total return is 1.96%. This was made up of a growth return of -3.18% and an income return of 5.14%. These returns were calculated as at 30 Sep 2018.

What is the asset allocation of the BlackRock Australian Equities Absolute Return managed fund?

The asset allocation of the BlackRock Australian Equities Absolute Return managed fund is :

Australian Equities: 100%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the BlackRock Australian Equities Absolute Return managed fund?

The Responsible Entity for the BlackRock Australian Equities Absolute Return managed fund is BlackRock Investment Mgmt (AUS) Ltd.

What sector/asset class does the BlackRock Australian Equities Absolute Return managed fund belong to?

The BlackRock Australian Equities Absolute Return managed fund belongs to the Alternative - Other sector/asset class.

What is the size of the BlackRock Australian Equities Absolute Return managed fund?

As at 30 Sep 2018, the size of the BlackRock Australian Equities Absolute Return managed fund was $19.92 million.

What is the inception date of the BlackRock Australian Equities Absolute Return managed fund?

The BlackRock Australian Equities Absolute Return managed fund has an inception date of 20 Apr 2012.

What is the current entry price of the BlackRock Australian Equities Absolute Return managed fund?

The current entry price of the BlackRock Australian Equities Absolute Return managed fund is $0.67565 per unit and the current exit price is $0.67565 per unit (as at 8 Oct 2018).

What is the current exit price of the BlackRock Australian Equities Absolute Return managed fund?

The current exit price of the BlackRock Australian Equities Absolute Return managed fund is $0.67565 per unit and the current entry price is $0.67565 per unit (as at 8 Oct 2018).

What is the minimum investment amount for the BlackRock Australian Equities Absolute Return managed fund?

The minimum initial investment amount for the BlackRock Australian Equities Absolute Return managed fund is $50,000.

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.

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