InvestSMART

BlackRock Global Ascent Fund - Managed Fund (Closed)

Fund Objective
The BlackRock Global Ascent Fund aims to provide investors with superior investment performance through providing returns, before fees, that consistently exceed those of the RBA Cash Rate Target, over rolling three year periods.
Fund Strategy
The Fund employs a Long/Short investment strategy by gaining exposure to Global Ascent Ltd. (GA Fund), a US denominated fund managed by BlackRock and domiciled in the Cayman Islands. The US dollar exposure of the GA Fund is hedged back into Australian Dollars. The strategy focuses on three groups of investment insights - fundamental valuation, economic environment, and market sentiment.

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 -% -% -% -% -% -% -% -%
Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BlackRock Global Ascent Fund
Australian Equities
15.10%
International Equities
-14.80%
Cash
77.70%
Fixed Interest
22%

General Information

Fund Details
Type Description
BlackRock Global Ascent Fund (Wholesale)
Closed
BlackRock Investment Mgmt (AUS) Ltd
BGL0048AU
starstar (as at 31 May 2014)
Unknown
26 Feb 2003
$321.79 million (as at 30 Jun 2014)
$1.4154 (as at 31 May 2014)
$1.40412 (as at 31 May 2014)
Suppressed
Offer information
Type Description
Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2011)
Minimum initial investment $1,000,000
Minimum additional investments
Minimum redemption amount $1.00
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FAQs about the BlackRock Global Ascent Fund

The objective of the BlackRock Global Ascent Fund managed fund is The BlackRock Global Ascent Fund aims to provide investors with superior investment performance through providing returns, before fees, that consistently exceed those of the RBA Cash Rate Target, over rolling three year periods.

The strategy of the BlackRock Global Ascent Fund managed fund is The Fund employs a Long/Short investment strategy by gaining exposure to Global Ascent Ltd. (GA Fund), a US denominated fund managed by BlackRock and domiciled in the Cayman Islands. The US dollar exposure of the GA Fund is hedged back into Australian Dollars. The strategy focuses on three groups of investment insights - fundamental valuation, economic environment, and market sentiment.

The APIR code of the BlackRock Global Ascent Fund managed fund is BGL0048AU.

BlackRock Global Ascent 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 Global Ascent 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 Global Ascent 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 Global Ascent 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 Global Ascent Fund managed fund is :

Australian Equities
15.10%
International Equities
-14.80%
Cash
77.70%
Fixed Interest
22%

The Responsible Entity for the BlackRock Global Ascent Fund managed fund is BlackRock Investment Mgmt (AUS) Ltd.

As at 30 Jun 2014, the size of the BlackRock Global Ascent Fund managed fund was $321.79 million.

The BlackRock Global Ascent Fund managed fund has an inception date of 26 Feb 2003.

The current entry price of the BlackRock Global Ascent Fund managed fund is $1.4154 per unit and the current exit price is $1.40412 per unit (as at 31 May 2014).

The current exit price of the BlackRock Global Ascent Fund managed fund is $1.40412 per unit and the current entry price is $1.4154 per unit (as at 31 May 2014).

The minimum initial investment amount for the BlackRock Global Ascent Fund managed fund is $1,000,000. 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.