InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. BlackRock Australian Share - Managed fund profile

BlackRock Australian Share - Managed Fund

Fund Objective
The Fund aims to: ? achieve capital growth over the long-term through investment in Australian shares and other securities, and ? provide investors with some tax-effective income through the distribution of franking credits. Overall, the Fund aims to achieve this goal by outperforming the S&P/ASX 300 Accumulation Index (the 'Benchmark') over rolling 5-year periods.
Fund Strategy
The Fund aims to outperform the Benchmark by gaining exposure to long and short positions across the Australian equity market. The Fund gains exposure to a long/short investment strategy through an investment in the BlackRock Equitised Long Short Fund (the 'BELSH'), which in turn invests in the BlackRock Australian Equity Market Neutral Fund (the 'Long/Short Portfolio').

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 1.84% 5.29% 10.36% 16.02% 15.01% 9.1% 3.1% 5.99%
Growth return 1.84% 3.34% 8.11% 12.55% 11.92% 6.44% -2.84% 1%
Income return 0% 1.95% 2.25% 3.47% 3.09% 2.66% 5.94% 4.99%
Market index (S&P/ASX 200 TR AUD)
Total return 3.1% 7.03% 11.65% 14.74% 14.82% 13.04% 12.32% 9.87%
As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BlackRock Australian Share
Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
-0.78%
Australian Equities
93.72%
International Equities
4.82%
Property & Infrastructure
1.41%
Fixed Interest
0.26%
Alternatives
0.58%

General Information

Fund Details
Type Description
BlackRock Australian Share
BlackRock Investment Mgmt (AUS) Ltd
PWA0014AU
Equity Australia Large Blend
star (as at 31 Aug 2025)
Investment Fund
26 May 1988
$101.37 million (as at 30 Jun 2025)
$1.67196 (as at 18 Sep 2025)
$1.66362 (as at 18 Sep 2025)
Closed
Offer information
Type Description
Standard entry fee 0.04%
MER 0.80% (as at 1 Nov 2024)
Indirect Cost Ratio (ICR) 0.80% (as at 30 Jun 2024)
Performance fee (not included in ICR) 0
Minimum initial investment $1,000.00
Minimum additional investments

Top 10 holdings (as at 31 Jul 2025)

Holding (as at 31 Jul 2025) Type % of Portfolio
Blk High Conv Au Eq Fund - X Class Mutual Fund - Open End 99.69%
Login now to view the complete list of holdings.

FAQs about the BlackRock Australian Share

The objective of the BlackRock Australian Share managed fund is The Fund aims to: ? achieve capital growth over the long-term through investment in Australian shares and other securities, and ? provide investors with some tax-effective income through the distribution of franking credits. Overall, the Fund aims to achieve this goal by outperforming the S&P/ASX 300 Accumulation Index (the 'Benchmark') over rolling 5-year periods.

The strategy of the BlackRock Australian Share managed fund is The Fund aims to outperform the Benchmark by gaining exposure to long and short positions across the Australian equity market. The Fund gains exposure to a long/short investment strategy through an investment in the BlackRock Equitised Long Short Fund (the 'BELSH'), which in turn invests in the BlackRock Australian Equity Market Neutral Fund (the 'Long/Short Portfolio').

The APIR code of the BlackRock Australian Share managed fund is PWA0014AU.

BlackRock Australian Share’s total return last month was 1.84%. This was made up of a growth return of 1.84% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

BlackRock Australian Share’s total return for the last three months was 5.29%. This was made up of a growth return of 3.34% and an income return of 1.95%%. These returns were calculated as at 31 Aug 2025.

BlackRock Australian Share’s one-year total return is 16.02%. This was made up of a growth return of 12.55% and an income return of 3.47%. These returns were calculated as at 31 Aug 2025.

BlackRock Australian Share’s one-year total return is 9.1%. This was made up of a growth return of 6.44% and an income return of 2.66%. These returns were calculated as at 31 Aug 2025.

The asset allocation of the BlackRock Australian Share managed fund is :

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

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

The BlackRock Australian Share managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 30 Jun 2025, the size of the BlackRock Australian Share managed fund was $101.37 million.

The BlackRock Australian Share managed fund has an inception date of 26 May 1988.

The current entry price of the BlackRock Australian Share managed fund is $1.67196 per unit and the current exit price is $1.66362 per unit (as at 18 Sep 2025).

The current exit price of the BlackRock Australian Share managed fund is $1.66362 per unit and the current entry price is $1.67196 per unit (as at 18 Sep 2025).

The minimum initial investment amount for the BlackRock Australian Share managed fund is $1,000. Minimum additional investment is $0.

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.