BlackRock Balanced Growth Portfolio

Quick Stats

Bid Price GBX 116.40 Offer Price GBX 122.90
Mid Price - Day Change GBX +0.30 (0.26%)
Price Date 21 Oct 2016 Crown Rating 1
Shares Class Inc. Yield 2.66 %
Total Expense Ratio 0.00 Fund Size 173,597,138.73
Launch Date 01/02/1989 Standard Initial Charge (%) 5.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.67 Sector IMA UK Equity Income
Min Investment (£) 50,000,000.00 Total Expense Ratio (%) 0.00
ISIN GB00BK1PJY07 Min TopUp (£) 100.00

Fund Objective

The Fund aims to achieve capital growth on your investment as well as the generation of some income, where market conditions allow. The Fund may invest in shares, fixed income securities, money-market instruments, funds and cash. The fixed income securities and moneymarket instruments will be issued by governments, government agencies, companies and supranationals. The Fund will invest in the full range of fixed income securities and moneymarket instruments which may include investments with a relatively low credit rating or which are unrated. Investment may be made globally in any and all economic sectors, although under normal market conditions, there will be an emphasis on the United Kingdom. The Fund can use derivatives as part of its investment strategy. This can increase the overall risk profile of the Fund.

Fund Managers

Andy Warwick
Andy Warwick, CFA, Managing Director and portfolio manager, is a member of the Diversified Strategies team within BlackRock's Multi-Asset Strategies (MAS) group, which is responsible for developing, assembling and managing investment strategies involving multiple asset classes. Within Diversified Strategies he is lead portfolio manager for Dynamic Return Strategy (DRS) and a portfolio manager for Dynamic Diversified Growth (DDG). Mr Warwick also has responsibility for the management of a number of retail portfolios including the BGF Flexible Multi-Asset Fund and is also responsible for derivative implementation and structured product strategies for the team. Mr. Warwick's service with the firm dates back to 2005, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Prior to MLIM he worked with Mako Global Derivatives and Dalton Strategic Partnership from 2002-2005. Mr Warwick initially worked for MLIM from 1993-2002 as a manager for MLIM's unit trusts before joining the quantitative and derivatives team as a portfolio manager and equity derivatives head trader in 1997. He was subsequently co-portfolio manager of MLIM's first hedge fund, the Mercury Equity Arbitrage Fund. Mr. Warwick earned a MSc in Finance from the University of Leicester in 2007.