InvestSMART

BlackRock Scientific Hedged Global Listed Infrastructure - Managed Fund (Closed)

Fund Objective
The BGI Hedged Global Listed Infrastructure Fund is designed to outperform the S&P/UBS Global Infrastructure and Utility Index, Net Total Return (hedged in A$) by 1.0-2.0% p.a., before fees and cost of hedging, over rolling 3-year periods. In pursuing its targeted return objective, the Fund has an expected active risk of 2.0% p.a.
Fund Strategy
The Fund makes active security selection decisions based on a variety of market and security information sources. Active security selection decisions are based on the following four families of investment insights: earnings expectations, relative value, earnings quality and market and management signals. The Fund is overweight in securities which: have improving return expectations, appear undervalued relative to securities in the same sector, have high quality and sustainable earnings, and show an upward trend in share price.

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 4.01% -% -% -% -% -% -% -%
Growth return 4.01% -% -% -% -% -% -% -%
Income return 0% -% -% -% -% -% -% -%
Market index (FTSE Dvlp Core Infra 50/50 NR AUD)
Total return -3.64% -0.56% 2.41% 6.26% 13.12% 9.14% 9.9% 8.54%
As at 31 May 2008. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BlackRock Scientific Hedged Global Listed Infrastructure
Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Average Allocation of Peers
Alternatives
19.49%
Australian Equities
3.01%
International Equities
74.06%
Cash
3.08%
Property & Infrastructure
0.36%

General Information

Fund Details
Type Description
BlackRock Scientific Hedged Global Listed Infrastructure (Wholesale)
Closed
BlackRock Asset Management Australia Ltd
BGL0080AU
Equity Global Infrastructure
Not Rated
Investment Fund
30 Apr 2008
$12.26 million (as at 30 Apr 2010)
n/a
n/a
Suppressed
Offer information
Type Description
Minimum initial investment $500,000

Top 10 holdings (as at 31 Mar 2010)

Holding (as at 31 Mar 2010) Type % of Portfolio
E.ON Aktiengesellschaft Stock 4.35%
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FAQs about the BlackRock Scientific Hedged Global Listed Infrastructure

The objective of the BlackRock Scientific Hedged Global Listed Infrastructure managed fund is The BGI Hedged Global Listed Infrastructure Fund is designed to outperform the S&P/UBS Global Infrastructure and Utility Index, Net Total Return (hedged in A$) by 1.0-2.0% p.a., before fees and cost of hedging, over rolling 3-year periods. In pursuing its targeted return objective, the Fund has an expected active risk of 2.0% p.a.

The strategy of the BlackRock Scientific Hedged Global Listed Infrastructure managed fund is The Fund makes active security selection decisions based on a variety of market and security information sources. Active security selection decisions are based on the following four families of investment insights: earnings expectations, relative value, earnings quality and market and management signals. The Fund is overweight in securities which: have improving return expectations, appear undervalued relative to securities in the same sector, have high quality and sustainable earnings, and show an upward trend in share price.

The APIR code of the BlackRock Scientific Hedged Global Listed Infrastructure managed fund is BGL0080AU.

BlackRock Scientific Hedged Global Listed Infrastructure’s total return last month was 4.01%. This was made up of a growth return of 4.01% and an income return of 0%. These returns were calculated as at 31 May 2008.

BlackRock Scientific Hedged Global Listed Infrastructure’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 31 May 2008.

BlackRock Scientific Hedged Global Listed Infrastructure’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 31 May 2008.

BlackRock Scientific Hedged Global Listed Infrastructure’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 31 May 2008.

The asset allocation of the BlackRock Scientific Hedged Global Listed Infrastructure managed fund is :

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

The Responsible Entity for the BlackRock Scientific Hedged Global Listed Infrastructure managed fund is BlackRock Asset Management Australia Ltd.

The BlackRock Scientific Hedged Global Listed Infrastructure managed fund belongs to the Equity Global Infrastructure sector/asset class.

As at 30 Apr 2010, the size of the BlackRock Scientific Hedged Global Listed Infrastructure managed fund was $12.26 million.

The BlackRock Scientific Hedged Global Listed Infrastructure managed fund has an inception date of 30 Apr 2008.

The current entry price of the BlackRock Scientific Hedged Global Listed Infrastructure managed fund is $ per unit and the current exit price is $ per unit (as at ).

The current exit price of the BlackRock Scientific Hedged Global Listed Infrastructure managed fund is $ per unit and the current entry price is $ per unit (as at ).

The minimum initial investment amount for the BlackRock Scientific Hedged Global Listed Infrastructure managed fund is $500,000.

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.