|Bid Price||GBX 135.50||Offer Price||GBX 135.60|
|Mid Price||-||Day Change||GBX +0.30 (0.22%)|
|Price Date||16 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||0.99||Fund Size||63,330,800.00|
|Launch Date||31/03/2009||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.75||Sector||IMA UK Equity Income|
|Min Investment (£)||100,000.00||Total Expense Ratio (%)||0.99|
|ISIN||GB00B4Y62W78||Min TopUp (£)||100.00|
The Fund aims to achieve positive absolute returns for investors through a combination of capital growth and income on your investment and, as such, the Fund will not be managed against any European equity index. The Fund aims to deliver absolute (more than zero) returns on a 12 month basis in any market conditions. However, an absolute return is not guaranteed over a 12 month or any period and the Fund may experience periods of negative return. The Funds capital is at risk. The Fund primarily aims to gain investment exposure to equity securities (e.g. shares) and equity-related securities of, or giving exposure to, companies incorporated or listed in the European Economic Area and Switzerland. In order to achieve its objective, the Fund invests primarily in derivatives, shares and other equity-related securities and when determined appropriate fixed income securities (such as bonds), money-market instruments (MMIs), deposits and cash. Derivatives are investments the prices of which are based on one or more underlying assets. MMIs are debt instruments with short-term maturities. The Fund can use derivatives as part of its investment strategy. This can increase the risk profile of the Fund.
David Tovey, CFA, Director and portfolio manager, is a member of BlackRock's European Specialist equity team. Mr. Tovey's service with the firm dates back to 1998, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, Mr. Tovey was a member of the European Specialist equity team, responsible for managing the MLIIF Global Opportunities Fund. He began his career with MLIM in 1998 as an analyst with the US Small Cap equity team. Mr. Tovey earned a BA degree in economics, with honours, from Warwick University in 1998.
Stefan Gries - MA economics & Spanish (University of St. Andrews), started his career in 2005 as European equity analyst and portfolio assistant at Scottish Widows Investment Partnership. He joined BlackRock's European equity team in 2008 and is responsible for covering the energy sector.