Fact sheet: BlackRock UK Income

Fund information
Fund name
BlackRock UK Income D Acc
Fund manager company
BlackRock
Fund type
Unit Trust
Fund managers
  • Adam Avigdorisince 16/11/2009
  • David Goldmansince 30/06/2015
Accolades
Highly Commended - UK Income Growth
Fund objective
The Fund aims to achieve an above average, and growing, income without sacrificing the benefits of long-term capital growth on your investment. The Fund invests primarily in the shares of companies incorporated, or listed on a stock exchange, in the UK. The Fund has the flexibility to invest outside of the asset class set out above.
Benchmark
  • FTSE All Share Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
9.5%
1 Year rank in sector
59/94
Sector
UT UK Equity Income
Yield
3.9%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.88%
Fund size
£422m (£365m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
88
Bid price
1667
Offer price
1676
Top in this sector
Fund name1 Year
Man GLG UK Income26.6%
MI Chelverton UK Eq Inc22.9%
Unicorn UK Income17.9%
Courtiers UK Equity Income17.8%
TB Saracen UK Income17.7%
...more in UT UK Equity Income

Performance snapshot

Holdings snapshot

  • UK95.4%
    Germany1.3%
    Switzerland1.2%
    Netherlands1.1%
    Money Market1.1%
  • Financials23.8%
    Consumer Services17.7%
    Consumer Goods17.7%
    Industrials15.8%
    Oil & Gas8.3%
  • International Equities98.9%
    Money Market1.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%1.5%3.1%9.5%31.8%60%
Sector2%1.6%4.7%10.8%28.6%58.1%
Rank within sector72 / 9960 / 9776 / 9759 / 9432 / 8446 / 78
Quartile3rd3rd4th3rd2nd3rd
Calendar performance
 YTD - 20182017201620152014
Fund-0.2%10.7%9%9.8%8%
Sector0.5%11.2%9.1%4.9%2.8%
Rank within sector82 / 9953 / 9439 / 8918 / 845 / 82
Quartile4th3rd2nd1st1st
Risk statistics
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.13
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.66
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
9.67
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
2.42
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.41
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.95
Price movement
52 week high1685
52 week low1495
Current bid price1667
Current offer price1676
Current mid price-
Region
1UK95.37%
2Germany1.31%
3Switzerland1.15%
4Netherlands1.09%
5Money Market1.08%
Industry sector
1Financials23.83%
2Consumer Services17.7%
3Consumer Goods17.68%
4Industrials15.84%
5Oil & Gas8.32%
6Health Care7.07%
7Telecommunications4.83%
8Basic Materials1.48%
9Utilities1.36%
Asset type
1International Equities98.92%
2Money Market1.08%
Individual holdings
1BRITISH AMERICAN TOBACCO6.37%
2ROYAL DUTCH SHELL5.38%
3LLOYDS BANKING GROUP PLC4.01%
4UNILEVER3.89%
5RELX PLC3.58%
6JOHN LAING GROUP PLC3.37%
7FERGUSON PLC2.99%
8BP2.94%
9BT GROUP2.81%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock
Fund type
Unit Trust
Fund objective
The Fund aims to achieve an above average, and growing, income without sacrificing the benefits of long-term capital growth on your investment. The Fund invests primarily in the shares of companies incorporated, or listed on a stock exchange, in the UK. The Fund has the flexibility to invest outside of the asset class set out above.
Benchmark
  • FTSE All Share Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Adam Avigdori16/11/2009Adam Avigdori, Director and portfolio manager, is a member of BlackRock's UK Equity team in the Fundamental Equity division of BlackRock's Active Equity Group. Mr Avigdori is Co-Head of the UK Income Fund, with a sector emphasis on Mining. Mr Avigdori's service with the firm dates back to 2001, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Mr Avigdori earned a BSc (Hons) in Management Sciences from UMIST in 2001.
David Goldman30/06/2015David Goldman, CFA, Director, is a portfolio manager of the UK Equity team within BlackRock's Fundamental Equity division of BlackRock's Active Equity Group. He is responsible for covering the support services sector. Mr. Goldman's service with the firm dates back to 2004, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, Mr. Goldman held a variety of positions on both the UK equity team and in the fixed income division. He was previously responsible for research in the travel and leisure, real estate, construction, banks and oil & gas sectors. Mr. Goldman began his investment career with MLIM in 2004 as a member of the investment training program. Mr. Goldman earned a BSc degree, with first class honours, in economics from Bristol University in 2004.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
BlackRock UK Income A Acc
Initial charge5%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.63%
Total expense ratio (TER)1.67%
Bid price1602
Offer price1691
Mid price-
CurrencyGBX
Price updated18/01/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeME06
BlackRock UK Income A Inc
Initial charge5%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.63%
Total expense ratio (TER)1.67%
Bid price444
Offer price469
Mid price-
CurrencyGBX
Price updated18/01/2018
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeME05
BlackRock UK Income D Acc
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.88%
Total expense ratio (TER)0.92%
Bid price1667
Offer price1676
Mid price-
CurrencyGBX
Price updated18/01/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code00PH
BlackRock UK Income D Inc
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.88%
Total expense ratio (TER)0.92%
Bid price468.7
Offer price471.5
Mid price-
CurrencyGBX
Price updated18/01/2018
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI8V1
BlackRock UK Income S Acc
Initial charge5%
Annual charge0.67%
Min single investment£50,000,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price119.1
Offer price125.7
Mid price-
CurrencyGBX
Price updated18/01/2018
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM75I
BlackRock UK Income S Inc
Initial charge5%
Annual charge0.67%
Min single investment£50,000,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price108.1
Offer price114.2
Mid price-
CurrencyGBX
Price updated18/01/2018
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM75J
BlackRock UK Income X Acc
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.02%
Total expense ratio (TER)-
Bid price123.2
Offer price123.9
Mid price-
CurrencyGBP
Price updated18/01/2018
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE2LY
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Money Observer and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.