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  5. BlackRock High Conviction Australian Ftur E2 - Managed fund profile

BlackRock High Conviction Australian Ftur E2 - Managed Fund (Closed)

Fund Objective
The Fund aims to provide long-term capital growth and income, and deliver positive total returns over rolling three-year periods, by investing in a concentrated portfolio of Australian shares.
Fund Strategy
The fund applies a fundamental approach that is focused on bottom up analysis, where detailed research is conducted prior to any investment decision. There is a strict focus on quality first and only those companies that meet the following quality filters will be considered for inclusion in the Fund: Quality management, Moderate debt levels, Profits, Superior businesses, Environmental, social and governance (ESG).

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 -2.7% 1.81% 1.55% -26.51% -7.66% -1.19% 0.99% -%
Growth return -3.58% 0.88% 0.62% -31.26% -15.74% -7.96% -4.43% -%
Income return 0.88% 0.93% 0.93% 4.75% 8.08% 6.77% 5.42% -%
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 Dec 2022. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BlackRock High Conviction Australian Ftur E2
Australian Equities
87.05%
Cash
4.58%
Property
8.36%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.51%
Cash
0.83%
Property
3.24%
International Equities
4.01%
Fixed Interest
0.35%
Alternatives
0.06%

General Information

Fund Details
Type Description
BlackRock High Conviction Australian Ftur E2 (Wholesale)
Closed
BlackRock Investment Mgmt (AUS) Ltd
BLK0022AU
Equity Australia Large Blend
star (as at 31 Dec 2022)
Investment Fund
25 Oct 2016
$38.62 million (as at 31 Dec 2022)
$0.91647 (as at 30 Jan 2023)
$0.91647 (as at 30 Jan 2023)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0.15
Minimum initial investment $50,000
Minimum additional investments $1,000.00
Minimum redemption amount

Top 10 holdings (as at 31 Dec 2022)

Holding (as at 31 Dec 2022) Type % of Portfolio
Peter Warren Automotive Holdings Ltd Equity 7.16%
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FAQs about the BlackRock High Conviction Australian Ftur E2

The objective of the BlackRock High Conviction Australian Ftur E2 managed fund is The Fund aims to provide long-term capital growth and income, and deliver positive total returns over rolling three-year periods, by investing in a concentrated portfolio of Australian shares.

The strategy of the BlackRock High Conviction Australian Ftur E2 managed fund is The fund applies a fundamental approach that is focused on bottom up analysis, where detailed research is conducted prior to any investment decision. There is a strict focus on quality first and only those companies that meet the following quality filters will be considered for inclusion in the Fund: Quality management, Moderate debt levels, Profits, Superior businesses, Environmental, social and governance (ESG).

The APIR code of the BlackRock High Conviction Australian Ftur E2 managed fund is BLK0022AU.

BlackRock High Conviction Australian Ftur E2’s total return last month was -2.7%. This was made up of a growth return of -3.58% and an income return of 0.88%. These returns were calculated as at 31 Dec 2022.

BlackRock High Conviction Australian Ftur E2’s total return for the last three months was 1.81%. This was made up of a growth return of 0.88% and an income return of 0.93%%. These returns were calculated as at 31 Dec 2022.

BlackRock High Conviction Australian Ftur E2’s one-year total return is -26.51%. This was made up of a growth return of -31.26% and an income return of 4.75%. These returns were calculated as at 31 Dec 2022.

BlackRock High Conviction Australian Ftur E2’s one-year total return is -1.19%. This was made up of a growth return of -7.96% and an income return of 6.77%. These returns were calculated as at 31 Dec 2022.

The asset allocation of the BlackRock High Conviction Australian Ftur E2 managed fund is :

Australian Equities
87.05%
Cash
4.58%
Property
8.36%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the BlackRock High Conviction Australian Ftur E2 managed fund is BlackRock Investment Mgmt (AUS) Ltd.

The BlackRock High Conviction Australian Ftur E2 managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 31 Dec 2022, the size of the BlackRock High Conviction Australian Ftur E2 managed fund was $38.62 million.

The BlackRock High Conviction Australian Ftur E2 managed fund has an inception date of 25 Oct 2016.

The current entry price of the BlackRock High Conviction Australian Ftur E2 managed fund is $0.91647 per unit and the current exit price is $0.91647 per unit (as at 30 Jan 2023).

The current exit price of the BlackRock High Conviction Australian Ftur E2 managed fund is $0.91647 per unit and the current entry price is $0.91647 per unit (as at 30 Jan 2023).

The minimum initial investment amount for the BlackRock High Conviction Australian Ftur E2 managed fund is $50,000. Minimum additional investment is $1000.

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.