BlackRock Volatility Strategy III E

Quick Stats

Bid Price GBX 133.60 Offer Price GBX 143.40
Mid Price - Day Change GBX +0.10 (0.07%)
Price Date 21 Oct 2016 Crown Rating 5
Shares Class Inc. Yield 1.52 %
Total Expense Ratio 0.38 Fund Size 29,050,343.65
Launch Date 06/03/2013 Standard Initial Charge (%) 7.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.35 Sector IMA UK Equity Income
Min Investment (£) 20,000,000.00 Total Expense Ratio (%) 0.38
ISIN GB00B97R6642 Min TopUp (£) 100.00

Fund Objective

The Fund is designed to help you grow your longterm wealth while using a volatility management strategy with the aim of limiting the fluctuations (or ‘volatility’) your portfolio experiences to around 13%. Periods of great volatility often coincide with periods of poor returns for most kinds of investments so something which seeks to manage this volatility may help shield you from more extreme market movements. Be advised though that focusing so explicitly on smoothing out the impact of some of the peaks and troughs of the markets may reduce the amount of capital growth the Fund can deliver. This should not necessarily be thought of as the fund ‘underperforming’, it’s more a reflection of its nature. Less risk has been taken in its construction, so returns may be less than those of the markets it invests in. The Fund will invest in a wide range of assets including stocks, bonds, cash and other instruments in order to arrive at the asset allocation its managers believe can best help it achieve its objectives. A substantial amount, even all, of its assets can be held in cash at any time if market conditions dictate. There is no guarantee that the Fund will achieve its objective of managing volatility at or around 13%.

Fund Managers

Mason Woodworth
Mason Woodworth, Director and portfolio manager in BlackRock's Multi-Asset Client Solutions (BMACS) group, with responsibility for solution design and implementation, portfolio analytics and risk management. Mason's service with the firm dates back to 2004, including time spent with the Risk and Quantitative Analysis group, where he was responsible for Multi Asset Portfolios within EMEA. Prior to joining BlackRock, Mason spent six years as a Senior Engineer developing active magnetic bearing systems. Mason earned a BSc degree in mechanical engineering from the University of Rhode Island in 1997, and an MBA degree from the Imperial College Business School in 2004.