BlackRock UK Equity I Inc
|Bid Price||GBX 1,809.00||Offer Price||GBX 1,822.00|
|Mid Price||-||Day Change||GBX +9.00 (0.50%)|
|Price Date||21 Oct 2016||Crown Rating|
|Shares Class||Inc.||Yield||2.53 %|
|Total Expense Ratio||0.52||Fund Size||387,514,393.90|
|Launch Date||15/10/1971||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.50||Sector||IMA UK Equity Income|
|Min Investment (£)||5,000,000.00||Total Expense Ratio (%)||0.52|
|ISIN||GB0005803316||Min TopUp (£)||0.00|
The Fund aims to achieve long-term capital growth on your investment. The Fund invests primarily in the shares of larger companies incorporated or listed on a stock exchange in the United Kingdom.
Nick McLeod-Clarke, Managing Director and portfolio manager, is a member of the UK Equity team in the Fundamental Equity division of BlackRock's Portfolio Management Group. Nick is co-head of the UK Income Fund and is responsible for managing UK equity portfolios for retail and institutional clients. Mr McLeod-Clarke's service with the firm dates back to 2001, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Prior to joining MLIM in 2001, Mr. McLeod-Clarke was co-head of UK Equities at Morley Fund Management, and head of Institutional Funds-UK Equities at Scottish Widows Investment Partnership. Mr. McLeod-Clarke earned a BA in Economics at University College Swansea in 1986, and an MSc in Finance from the London Business School in 1999.