InvestSMART

BlackRock Tactical Growth - Managed Fund

Fund Objective
The investment strategy of the Fund is to provide investors with a diversified exposure to the best investment teams and strategies that the BlackRock Group has globally within the context of an Australian based “growth” investment portfolio. The Fund’s strategy is built around two steps: ? establishing the most appropriate strategic benchmark subject to the growth/income splits and market risk exposures of the Fund.
Fund Strategy
The investment strategy of the Fund is to provide investors with a diversified exposure to the best investment teams and strategies that the BlackRock Group has globally within the context of an Australian based “growth” investment portfolio. The Fund’s strategy is built around two steps: ? establishing the most appropriate strategic benchmark subject to the growth/income splits and market risk exposures of the Fund.

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 -4.68% -1.37% 0.12% 10.88% 9.73% 10.95% 8% 8.19%
Growth return -99.93% -99.93% -99.92% -99.92% -97.2% -90.73% -76.36% -51.7%
Income return 95.25% 98.56% 100.04% 110.8% 106.93% 101.68% 84.36% 59.89%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return -4.57% -2.61% -1.66% 8.89% 7.12% 9.47% 6.78% 7.89%
As at 31 Mar 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BlackRock Tactical Growth
Australian Equities
22.51%
International Equities
34.77%
Cash
8.28%
Property & Infrastructure
4.02%
Fixed Interest
30.41%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.95%
International Equities
34.65%
Cash
5.22%
Property & Infrastructure
6.10%
Fixed Interest
20.45%
Alternatives
5.62%

General Information

Fund Details
Type Description
BlackRock Tactical Growth
BlackRock Investment Mgmt (AUS) Ltd
PWA0013AU
Multisector Growth
starstarstarstarstar (as at 28 Feb 2026)
Investment Fund
24 Mar 1992
$16.06 million (as at 31 Dec 2025)
$1.24084 (as at 31 Mar 2026)
$1.23787 (as at 31 Mar 2026)
Closed
Offer information
Type Description
Standard entry fee 4%
MER 0.90% (as at 1 Nov 2024)
Indirect Cost Ratio (ICR) 0.90% (as at 30 Jun 2025)
Minimum initial investment $50,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 28 Feb 2026)

Holding (as at 28 Feb 2026) Type % of Portfolio
Blkrock Tactical Grwth Fnd Class X 99.91%
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FAQs about the BlackRock Tactical Growth

The objective of the BlackRock Tactical Growth managed fund is The investment strategy of the Fund is to provide investors with a diversified exposure to the best investment teams and strategies that the BlackRock Group has globally within the context of an Australian based “growth” investment portfolio. The Fund’s strategy is built around two steps: ? establishing the most appropriate strategic benchmark subject to the growth/income splits and market risk exposures of the Fund.

The strategy of the BlackRock Tactical Growth managed fund is The investment strategy of the Fund is to provide investors with a diversified exposure to the best investment teams and strategies that the BlackRock Group has globally within the context of an Australian based “growth” investment portfolio. The Fund’s strategy is built around two steps: ? establishing the most appropriate strategic benchmark subject to the growth/income splits and market risk exposures of the Fund.

The APIR code of the BlackRock Tactical Growth managed fund is PWA0013AU.

BlackRock Tactical Growth’s total return last month was -4.68%. This was made up of a growth return of -99.93% and an income return of 95.25%. These returns were calculated as at 31 Mar 2026.

BlackRock Tactical Growth’s total return for the last three months was -1.37%. This was made up of a growth return of -99.93% and an income return of 98.56%%. These returns were calculated as at 31 Mar 2026.

BlackRock Tactical Growth’s one-year total return is 10.88%. This was made up of a growth return of -99.92% and an income return of 110.8%. These returns were calculated as at 31 Mar 2026.

BlackRock Tactical Growth’s one-year total return is 10.95%. This was made up of a growth return of -90.73% and an income return of 101.68%. These returns were calculated as at 31 Mar 2026.

The asset allocation of the BlackRock Tactical Growth managed fund is :

Australian Equities
22.51%
International Equities
34.77%
Cash
8.28%
Property & Infrastructure
4.02%
Fixed Interest
30.41%
Alternatives
0%

The Responsible Entity for the BlackRock Tactical Growth managed fund is BlackRock Investment Mgmt (AUS) Ltd.

The BlackRock Tactical Growth managed fund belongs to the Multisector Growth sector/asset class.

As at 31 Dec 2025, the size of the BlackRock Tactical Growth managed fund was $16.06 million.

The BlackRock Tactical Growth managed fund has an inception date of 24 Mar 1992.

The current entry price of the BlackRock Tactical Growth managed fund is $1.24084 per unit and the current exit price is $1.23787 per unit (as at 31 Mar 2026).

The current exit price of the BlackRock Tactical Growth managed fund is $1.23787 per unit and the current entry price is $1.24084 per unit (as at 31 Mar 2026).

The minimum initial investment amount for the BlackRock Tactical Growth 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.