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  5. BlackRock Global High Conviction - Managed fund profile

BlackRock Global High Conviction - Managed Fund (Closed)

Fund Objective
The primary aim of the Fund is to achieve capital growth over the longer-term (5 years or more) by investing in a select portfolio of international shares. The Fund aims to outperform the Morgan Stanley Capital International World Index excluding Australia (unhedged in AUD) (before fees).
Fund Strategy
The Fund invests in the BlackRock Global High Conviction Fund - Unhedged to achieve its investment strategy. The investment strategy of the BlackRock Global High Conviction Fund - Unhedged is to actively select and manage a portfolio of securities of global companies which have the potential to offer strong returns for investors.

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 0.73% 5.07% 20.33% 32.13% 19.23% 7.09% 2.23% 2.96%
Growth return 0.73% 5.07% 20.33% 32.13% 19.23% 7.09% 2% 2.84%
Income return 0% 0% 0% 0% 0% 0% 0.23% 0.12%
Market index (MSCI World Ex Australia NR AUD)
Total return 0.92% 6.62% 5.1% 20.06% 19.45% 20.5% 15.74% 12.6%
As at 30 Sep 2013. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BlackRock Global High Conviction
International Equities
92.12%
Cash
7.88%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
95.50%
Cash
1.75%
Australian Equities
1.45%
Property & Infrastructure
1.15%
Fixed Interest
0%
Alternatives
0.14%

General Information

Fund Details
Type Description
BlackRock Global High Conviction
Closed
BlackRock Investment Mgmt (AUS) Ltd
PWA0016AU
Equity World Large Blend
starstar (as at 31 Aug 2013)
Investment Fund
22 Nov 1985
$8.24 million (as at 30 Sep 2013)
$1.53833 (as at 7 Oct 2013)
$1.46943 (as at 7 Oct 2013)
Finalised
Offer information
Type Description
Standard entry fee 4%
MER 2% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR) 2% (as at 30 Jun 2012)
Minimum initial investment $1,000.00
Minimum additional investments

Top 10 holdings (as at 31 Mar 2013)

Holding (as at 31 Mar 2013) Type % of Portfolio
Imperial Tobacco Group PLC Equity 4.41%
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FAQs about the BlackRock Global High Conviction

The objective of the BlackRock Global High Conviction managed fund is The primary aim of the Fund is to achieve capital growth over the longer-term (5 years or more) by investing in a select portfolio of international shares. The Fund aims to outperform the Morgan Stanley Capital International World Index excluding Australia (unhedged in AUD) (before fees).

The strategy of the BlackRock Global High Conviction managed fund is The Fund invests in the BlackRock Global High Conviction Fund - Unhedged to achieve its investment strategy. The investment strategy of the BlackRock Global High Conviction Fund - Unhedged is to actively select and manage a portfolio of securities of global companies which have the potential to offer strong returns for investors.

The APIR code of the BlackRock Global High Conviction managed fund is PWA0016AU.

BlackRock Global High Conviction’s total return last month was 0.73%. This was made up of a growth return of 0.73% and an income return of 0%. These returns were calculated as at 30 Sep 2013.

BlackRock Global High Conviction’s total return for the last three months was 5.07%. This was made up of a growth return of 5.07% and an income return of 0%%. These returns were calculated as at 30 Sep 2013.

BlackRock Global High Conviction’s one-year total return is 32.13%. This was made up of a growth return of 32.13% and an income return of 0%. These returns were calculated as at 30 Sep 2013.

BlackRock Global High Conviction’s one-year total return is 7.09%. This was made up of a growth return of 7.09% and an income return of 0%. These returns were calculated as at 30 Sep 2013.

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

International Equities
92.12%
Cash
7.88%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

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

The BlackRock Global High Conviction managed fund belongs to the Equity World Large Blend sector/asset class.

As at 30 Sep 2013, the size of the BlackRock Global High Conviction managed fund was $8.24 million.

The BlackRock Global High Conviction managed fund has an inception date of 22 Nov 1985.

The current entry price of the BlackRock Global High Conviction managed fund is $1.53833 per unit and the current exit price is $1.46943 per unit (as at 7 Oct 2013).

The current exit price of the BlackRock Global High Conviction managed fund is $1.46943 per unit and the current entry price is $1.53833 per unit (as at 7 Oct 2013).

The minimum initial investment amount for the BlackRock Global High Conviction 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.