BlackRock Mid Cap UK Equity Tracker

Quick Stats

Bid Price GBX 169.30 Offer Price GBX 170.30
Mid Price - Day Change GBX +0.20 (0.12%)
Price Date 21 Oct 2016 Crown Rating
Shares Class Inc. Yield 0.00 %
Total Expense Ratio 0.00 Fund Size 186,504,862.98
Launch Date 29/06/2012 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.15 Sector IMA UK Equity Income
Min Investment (£) 100,000.00 Total Expense Ratio (%) 0.00
ISIN GB00BNB74C03 Min TopUp (£) 100.00

Fund Objective

The Fund aims to achieve capital growth by tracking closely the performance of the FTSE 250 Index, the Fund's benchmark index. The Fund invests in equity securities of companies that make up the benchmark index.

Fund Managers

Nimish Patel
Nimish Patel, Managing Director and senior portfolio manager, is a member of BlackRock's Institutional Index Equity team. Mr. Patel's service with the firm dates back to 2006, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he served as a senior portfolio manager in the Institutional Index Equity team,. In this role, he was responsible for overseeing all strategic client portfolios. Prior to joining BGI, Mr. Patel was a portfolio manager in the Quantitative Management Group at Northern Trust Global Investments where he managed a broad range of portfolios including global index equity, global enhanced equity and indexed fixed income. Mr. Patel joined NTGI in 2003 following its acquisition of Deutsche Asset Management's Quant and Index business. Mr. Patel joined Deutsche Asset Management (formerly Morgan Grenfell Asset Management) in 1997. During his tenure at DeAM, Mr. Patel initially served as a Fund Manager's assistant for UK Active Equity before transitioning to the Quantitative Investment Group where he served as a Transition Manager and Portfolio Manager. Mr. Patel is an Affiliate of The Association of Chartered Certified Accountants (ACCA).