Quick Stats

Bid Price GBX 142.90 Offer Price GBX 153.40
Mid Price - Day Change GBX -0.80 (-0.56%)
Price Date 24 Jul 2017 Crown Rating
Shares Class Inc. Yield 0.00 %
Total Expense Ratio 0.23 Fund Size 36,397,482.52
Launch Date 10/02/2014 Standard Initial Charge (%) 7.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.20 Sector IMA UK Equity Income
Min Investment (£) 50,000,000.00 Total Expense Ratio (%) 0.23
ISIN GB00BJ0JSP08 Min TopUp (£) 100.00

Fund Objective

The Fund is designed to help you grow your long-term wealth while using a volatility management strategy with the aim of limiting the fluctuations (or ‘volatility’) your portfolio experiences to around 15%. 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 15%.

Fund Managers

Martyn Farmer
Martyn Farmer, Vice President and portfolio manager, is a member of the Completion Mandate Management function of the Client Solutions group within BlackRock Solutions. The Client Solutions team provides complex solutions support for the Firm’s largest institutional clients. The team has a broad set of investmentexperience across fixed income, equity, alternatives and a wide range of specialized investment strategies. It also focuses on outcome-oriented investing solutions, taking into account liabilities, capital and other drivers of investment strategy. Mr. Farmer’s service with the firm dates back to 2001, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006.Mr. Farmer earned a BA (hons) degree in Business Administration from the Anglia Ruskin UniversityIn 1999.
Alex Dale
Alex Dale, Managing Director, is co-Head of the Completion Mandate Management team within the Client Solutions division of BlackRock Solutions. The Client Solutions team provide complex solutions support for the firm’s largest institutional and retail clients. Mr. Dale is responsible for trade construction, implementation and on-going mandate and risk management of Client Solutions portfolios delivering the bottom-up product and market knowledge and execution expertise. Mr. Dale joined the firm in 2006, including his years with Barclays Global Investors (“BGI”), which merged with BlackRock in 2009. Prior to joining the firm, Mr. Dale was an active fixed income fund manager at F&C Asset Management where he specialised in inflation-linked bond markets in the UK and Europe. Prior to this, he had analyst roles at both CIGNA Investment Management and JP Morgan Investment Management. Mr. Dale earned a BA degree, with honours, in business economics from Nottingham Trent University in 1996 and an MSc degree in finance from the University of London in 2001.
William Riley
William Riley, CFA, Managing Director, is co-head of the Completion Mandate Management team within the Client Solutions division of BlackRock Solutions. The Client Solutions team provide complex solutions support for the Firm's largest institutional clients. The team has a broad set of investment experience across fixed income, equity, alternatives and a wide range of specialised investment strategies. It also focuses on outcome-oriented investing solutions, taking into account liabilities, capital and other drivers of investment strategy. Mr Riley is responsible for trade construction, implementation and on-going mandate and risk management of Client Solutions portfolios delivering the bottom-up product and market knowledge and execution expertise. Mr. Riley's service dates back to 2005, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. His solutions experience includes managing portfolios for fiduciary clients as well as complex derivative overlay portfolios. At BGI, he was a senior portfolio manager within the Client Solutions team, focusing on managing European multi-asset portfolios. Prior to this role, he was a senior portfolio manager within the BGI Liability Driven Investment team. Prior to joining BGI, Mr Riley was a fund manager at Sanlam Investment Management, where he was responsible for asset-liability management of the annuity portfolios. Mr. Riley earned a Bachelor of Business Science degree in Finance and Information Systems from the University of Cape Town 1998.