BlackRock UK Special Situations S A
|Bid Price||GBX 111.20||Offer Price||GBX 117.70|
|Mid Price||-||Day Change||GBX +0.20 (0.18%)|
|Price Date||16 Jan 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.02 %|
|Total Expense Ratio||0.00||Fund Size||722,973,485.74|
|Launch Date||14/03/1981||Standard Initial Charge (%)||5.00|
|Annual Management Charge (%)||0.67||Sector||IMA UK Equity Income|
|Min Investment (£)||50,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BW1YM751||Min TopUp (£)||100.00|
The Fund aims to achieve long-term capital growth on your investment. The Fund invests primarily in the shares of companies incorporated or listed in the United Kingdom and will normally have an emphasis on small and medium sized companies which are those companies whose market capitalisation is lower than that of the companies in the FTSE 100 Index. The market capitalisation of a company is the share price of the company multiplied by the number of shares issued. The Fund has the flexibility to invest outside of the asset class set out above.
Luke Chappell, Managing Director and portfolio manager, is co-head of the UK Equity team within BlackRock's Fundamental Equity division of the Alpha Strategies Group. He is a member of the Leadership Committee. Mr. Chappell'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. Chappell was an equity portfolio manager, responsible for managing UK Specialist equity portfolios. Prior to joining MLIM, he worked at another investment management house in a range of research and fund management roles, with particular emphasis on specialist accounts and mid-cap stocks. Mr. Chappell earned an MA degree, with honours, in Classics from Christ Church, Oxford University in 1990.