Quick Stats

Bid Price GBX 186.00 Offer Price GBX 186.10
Mid Price - Day Change GBX -2.00 (-1.06%)
Price Date 17 Jan 2018 Crown Rating
Shares Class Inc. Yield 0.00 %
Total Expense Ratio 0.00 Fund Size 1,683,735,900.00
Launch Date 27/06/2014 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.15 Sector IMA UK Equity Income
Min Investment (£) 25,000,000.00 Total Expense Ratio (%) 0.00
ISIN GB00BNB70C23 Min TopUp (£) 100.00

Fund Objective

The Fund is a sub-fund of the BlackRock Authorised Contractual Scheme taking the form of a co-ownership scheme. As a consequence of this, the Fund may be treated as tax transparent for the purpose of income and /or gains by relevant taxing jurisdictions. Each investor should take appropriate professional advice as to the tax treatment of their investment in the Fund. Investors in the Fund must be Eligible Investors as defined in the Fund’s prospectus and must have completed all relevant documentation prior to the purchase of units in the Fund. The Fund aims to achieve capital growth by tracking closely the performance of the FTSE USA Index, the Fund’s benchmark index. The Fund invests in equity securities (e.g. shares) of companies that make up the benchmark index.

Fund Managers

Kieran Doyle
Kieran Doyle, CFA, Vice President and portfolio manager, is a member of BlackRock's Institutional Index Equity team. Mr. Doyle's service with the firm dates back to 2004, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he was a portfolio manager in the Institutional Index Equity team. Prior to joining BGI, he was with KPMG. Mr. Doyle earned a master's degree in economics and finance from Bristol University in 2000.