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  5. BlackRock High Conviction Australian Equities - Managed fund profile

BlackRock High Conviction Australian Equities - Managed Fund

Fund Objective
The Fund aims to provide a return (before fees, costs and taxes) that significantly exceeds the S&P/ASX 300 TR Index (Benchmark) over the medium to long term.
Fund Strategy
This Fund is designed for investors who want the potential for long term capital growth and tax effective income from a concentrated portfolio of primarily 15-30 Australian shares and are prepared to accept higher variability of returns. The Fund may also hold cash and may use derivatives.Pendal's investment process for Australian shares is based on its core investment style and aims to add value through active stock selection and fundamental company research.

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 3.64% 5.23% 13.14% 14.4% -2.67% -3% 2.9% -%
Growth return 3.37% 4.96% 11.86% 12.23% -8.14% -10.49% -2.56% -%
Income return 0.27% 0.27% 1.28% 2.17% 5.47% 7.49% 5.46% -%
Market index (S&P/ASX 200 TR AUD)
Total return 3.27% 5.33% 14.17% 14.45% 7.03% 9.62% 9.15% 8.27%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BlackRock High Conviction Australian Equities
Australian Equities
93.33%
Cash
1.48%
Property
5.19%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.93%
Cash
0.37%
Property
3.30%
International Equities
4%
Fixed Interest
0.35%
Alternatives
0.06%

General Information

Fund Details
Type Description
BlackRock High Conviction Australian Equities (Wholesale)
BlackRock Investment Mgmt (AUS) Ltd
BLK0012AU
Equity Australia Large Value
star (as at 30 Jun 2023)
Investment Fund
4 Jan 2016
$15.7 million (as at 29 Feb 2024)
$0.93325 (as at 22 Apr 2024)
$0.9286 (as at 22 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.58% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $50,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Mar 2024)

Holding (as at 31 Mar 2024) Type % of Portfolio
BHP Group Ltd Equity 11.95%
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FAQs about the BlackRock High Conviction Australian Equities

The objective of the BlackRock High Conviction Australian Equities managed fund is The Fund aims to provide a return (before fees, costs and taxes) that significantly exceeds the S&P/ASX 300 TR Index (Benchmark) over the medium to long term.

The strategy of the BlackRock High Conviction Australian Equities managed fund is This Fund is designed for investors who want the potential for long term capital growth and tax effective income from a concentrated portfolio of primarily 15-30 Australian shares and are prepared to accept higher variability of returns. The Fund may also hold cash and may use derivatives.Pendal's investment process for Australian shares is based on its core investment style and aims to add value through active stock selection and fundamental company research.

The APIR code of the BlackRock High Conviction Australian Equities managed fund is BLK0012AU.

BlackRock High Conviction Australian Equities’s total return last month was 3.64%. This was made up of a growth return of 3.37% and an income return of 0.27%. These returns were calculated as at 31 Mar 2024.

BlackRock High Conviction Australian Equities’s total return for the last three months was 5.23%. This was made up of a growth return of 4.96% and an income return of 0.27%%. These returns were calculated as at 31 Mar 2024.

BlackRock High Conviction Australian Equities’s one-year total return is 14.4%. This was made up of a growth return of 12.23% and an income return of 2.17%. These returns were calculated as at 31 Mar 2024.

BlackRock High Conviction Australian Equities’s one-year total return is -3%. This was made up of a growth return of -10.49% and an income return of 7.49%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the BlackRock High Conviction Australian Equities managed fund is :

Australian Equities
93.33%
Cash
1.48%
Property
5.19%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

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

The BlackRock High Conviction Australian Equities managed fund belongs to the Equity Australia Large Value sector/asset class.

As at 29 Feb 2024, the size of the BlackRock High Conviction Australian Equities managed fund was $15.7 million.

The BlackRock High Conviction Australian Equities managed fund has an inception date of 4 Jan 2016.

The current entry price of the BlackRock High Conviction Australian Equities managed fund is $0.93325 per unit and the current exit price is $0.9286 per unit (as at 22 Apr 2024).

The current exit price of the BlackRock High Conviction Australian Equities managed fund is $0.9286 per unit and the current entry price is $0.93325 per unit (as at 22 Apr 2024).

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