BlackRock Asia Pacific Absolute Return D2 Acc GBP
ISIN: LU2615938151 | MEX: N/A | CITI: ASZO0
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Buy 10,614 GBX
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Sell 10,614 GBX
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Price Change -1.01650%
Past Performance
- 7th May 2019 to 7th May 2020-
- 7th May 2020 to 7th May 2021-
- 7th May 2021 to 7th May 2022-
- 7th May 2022 to 7th May 2023-
- 7th May 2023 to 7th May 2024-
Objectives and Approach
The Fund aims to achieve positive absolute returns through a combination of capital growth and income on your investment regardless of market conditions. The Fund seeks to gain at least 70% of any investment exposure to equity securities (e.g. shares) of companies domiciled in, or the main business of which is in, the Asia Pacific region, including Australia and Japan. This is achieved by investing at least 70% of its assets in equitysecurities and other equity-related securities. The Fund may also, when determined appropriate, invest in fixed income (FI) securities, money market instruments (MMIs) (i.e. debt securities with short-term maturities), deposits and cash. The equity-related securities include financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets). At any one time, a substantial amount, or even all of the Fund’s assets may be held as cash to provide cover for the exposure created by the use of FDIs or to assist in achieving its investment objective. The FI securities and MMIs may be issued by governments, government agencies, companies and supranationals (e.g. the International Bank for Reconstruction and Development) and may be investment grade (i.e. meet a specified level of credit worthiness), non-investment grade or unrated at the time of purchase. The investment adviser (IA) will use FDIs to achieve the Fund’s investment objective. This will include to achieve synthetic short positions where the Fund uses an FDI to benefit from the sale of an asset it does not physically own with the aim of buying it later at a lower price to secure a profit. A significant portion of the Fund’s assets may be invested in total return swaps that aim to achieve a specified return based on underlying assets such as equity securities. The Fund may, via FDIs, generate varying amounts of market leverage (i.e. where the Fund gains market exposure in excess of the value of its assets). The Fund is actively managed and the IA has discretion to select the Fund's investments and is not constrained by any benchmark in this process. The 3 Month Secured Overnight Financing Rate (SOFR) compounded in arrears plus 26.1 basis point spread should be used by shareholders to compare the performance of the Fund. Compounding in arrears is a methodology that compounds daily values of the overnight rate throughout the relevant term period (i.e.3 Months). Recommendation: This Fund may not be appropriate for short-term investment.
Key Information
Inception | 7th Jun 2023 |
Historic Yield | 0% |
Sector | FO Absolute Return |
Fund Size | £140.939mn |
Fund Type | SICV |
Classification | Accumulation |
Charges
Total Ongoing Charges
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing. |
1.3912% |
Initial Charge | 0% |
AMC | 1.00% |
Our Platform Charge We charge a platform fee starting at 0.35% for the first £250,000 of assets. Our charges for assets above £250,000 are shown on our rates and charges sheet |
0.35% |
Cost and Charges Information
This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product
Account Type
Annual charges
These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate
Cost Category | % of Investment | lump sum costs |
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Our annual fee
Our annual feeIncludes our platform fee at 0.35% per annum for Funds (up to £250,000) and Stocks & Shares (min £24 max £240), plus SIPP administration fee (if applicable, only charged if <£30,000 held) - see here |
0.35% | |
Dealing charges
Dealing chargesAny one-off commission charges associated with investing. Note that government taxes and levies are not included |
N/A | |
Product provider costs
Product provider costsProduct provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs |
1.3912% | |
Total (£)
Total (£)Costs per annum displayed in monetary value |
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Total (%)
Total (%)Costs per annum displayed as a percentage of investment value |
Cumulative effect of charges on your investment's return
This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges
lump sum invested with an assumed growth rate of | 1 year | years |
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What you might get back at with no charges applied
What you might get back at with no charges appliedThese are the illustrative values of a investment after growth and no costs applied at the end of the defined period |
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Annual charges
Annual chargesThese are the annual costs based on an initial investment amount of assuming a net zero growth rate |
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Effect of charges on return (%)
Effect of charges on return (%)These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate |
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Effect of charges on return (£)
Effect of charges on return (£)These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate |
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What you might get back at with charges applied
What you might get back at with charges appliedThese are the illustrative values of a investment after growth and costs at the end of the defined period |
This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use
Performance
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This fund's IA Sector (FO Absolute Return)
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Current Comparators -
Cumulative Performance
1 month 3 months 6 months 1 year 3 years 5 years -0.85% -0.11% 2.21% - - -
Important Information
Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.
The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.
Composition
View Fund Allocation by:
Important Documents
The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.
The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured.
189,956 bytes PDF Document; last updated 31 Mar 2024
152,525 bytes PDF Document; last updated 07 Feb 2024
5,100,602 bytes PDF Document; last updated 31 May 2023
2,432,985 bytes PDF Document; last updated 30 Nov 2023
11,619,397 bytes PDF Document; last updated 01 Aug 2023
Management Team
Ada Zhang Steve Wong Samuel Vecht
Ada Zhang
has managed this fund for 4 years and 1 month.
There is currently no biography information for Ada Zhang.
Manager Cumulative Performance v Peer Group
All funds managed by Ada
Name of Security | Sole/Co | Managed Since |
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BlackRock AsPcfAbsRet | Co | Apr 2020 |
BlackRock GF China | Co | Jan 2023 |
Steve Wong
has managed this fund for 4 years and 1 month.
There is currently no biography information for Steve Wong.
Manager Cumulative Performance v Peer Group
All funds managed by Steve
Name of Security | Sole/Co | Managed Since |
---|---|---|
BlackRock AsPcfAbsRet | Co | Apr 2020 |
Samuel Vecht
has managed this fund for 4 years and 1 month.
Samuel Vecht, CFA, Managing director and portfolio manager, is Head of the Emerging Europe & Frontiers team within the Fundamental Active Equity division of BlackRock's Active Equities Group. He is responsible for managing long-only and long/short portfolios in both Emerging and Frontier markets. Mr. Vecht's service with the firm dates back to 2000, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Mr. Vecht earned a BSc degree, with honours, in international relations and history from the London School of Economics.
Manager Cumulative Performance v Peer Group
All funds managed by Samuel
Name of Security | Sole/Co | Managed Since |
---|---|---|
BlackRock AsPcfAbsRet | Co | Apr 2020 |
BlackRock GF Latn Am | Co | Sep 2022 |
BlackRock GF Latn Am | Co | Sep 2022 |
BlackRock GF Latn Am | Co | Sep 2022 |
BlackRock GF Latn Am | Co | Sep 2022 |
BlackRock GF Latn Am | Co | Sep 2022 |
BlackRock SF EM Eq Strg | Co | Sep 2015 |