|Bid Price||GBX 149.70||Offer Price||GBX 157.60|
|Mid Price||-||Day Change||GBX +0.40 (0.34%)|
|Price Date||16 Jan 2019||Crown Rating|
|Shares Class||Inc.||Yield||3.09 %|
|Last Ex-Dividend Date||31 August 2018||Dividend Frequency||Quarterly|
|Sector||Global Equity Income||Fund Size||154,845,708.40|
|Launch Date||06/05/2011||Standard Initial Charge||5.00%|
|Ongoing cost||1.69%||Annual Management Charge||1.50%|
The Fund aims to generate an above average level of income on your investment, compared to the income yield of global equity securities markets, without sacrificing long-term capital growth. The Fund invests primarily in equity securities (e.g. shares) of companies domiciled in, or the main business of which is in, developed markets. The Fund has the flexibility to invest outside of the asset class and sector set out above, including in developing markets.
Stuart Reeve, Managing Director and portfolio manager, is a member of the Global Equity team within the Fundamental Equity division of BlackRock's Portfolio Management Group. He is the lead portfolio manager for all retail and institutional Global Dividend Income portfolios, and also Director of Research for the Global Equity team. In addition, he is responsible for covering the consumer staples and healthcare sectors.Mr. Reeve's service with the firm dates back to 2005, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, Mr. Reeve had primary responsibility for the global equity team's investments in food, beverage and tobacco. Prior to joining MLIM in 2005, he was a Pan-European food, beverage and tobacco analyst with Credit Agricole Asset Management. Mr. Reeve began his career with Touche Ross before joining Robert Fleming Securities, where he worked as a Pan-European beverages analyst.Mr. Reeve earned a BA degree, with honours, in economics and history at the University of East Anglia in 1984.
Andrew Wheatley-Hubbard, CFA, Vice President, is co-portfolio manager and a research analyst for the Global Dividend Income portfolios within BlackRock's Global Equity team. He is responsible for covering Industrial stocks. Prior to assuming his current role in 2009, Mr. Wheatley-Hubbard worked for BlackRock in both London and Hong Kong. In previous roles, he was responsible for covering Singapore and Global Real Estate. Mr. Wheatley-Hubbard joined BlackRock in 2007 following an internship with the Global Equity team in 2006.Mr. Wheatley-Hubbard earned a BA and a MEng degree in engineering from Cambridge University in 2007.