BlackRock Advantage International Equity Fund
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/100416-2023-10-26-02:19.pdf |
FUND MANAGER | BlackRock Investment Management (Australia) |
ASX Code | |
APIR | BAR0817AU |
ASSET CLASS | GLOBAL EQUITIES |
INVESTMENT STYLE | The Fund’s investment strategy aims to remain fully exposed |
INVESTMENT PROFILE | The Fund aims to outperform the Benchmark by 2% p.a. over rolling 3-year periods (net of fees), while maintaining a similar level of investment risk. |
CURRENCY MANAGEMENT | Active management |
INCEPTION DATE | 31-12-1997 |
BENCHMARK | MSCI World ex-Australia Net TR in AUD Index |
FUND SIZE | MSCI World ex-Australia Net TR in AUD Index |
DISTRIBUTION FREQUENCY | Half-yearly |
NO. OF HOLDINGS | |
FEES | 0.50% p.a. |
STRUCTURE |
Benefits
Benefits | Benefits of investing in the BlackRock Advantage International Equity Fund
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RISK LEVEL | High |
INVESTOR SUITABILITY | This product is likely to be appropriate for a consumer as a satellite / small allocation, seeking capital growth with a medium to high risk/return profile. Advised consumers only. |
Risks
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Key Features
About the FundThe Fund aims to outperform the MSCI World ex-Australia Net TR Index (unhedged in AUD) (Benchmark) by 2% p.a. over rolling 3- year periods (net of fees and before the cost of hedging), while maintaining a similar level of investment risk to the Benchmark. Our investment style is based on our belief that people, leveraged by technology, are central to the consistent achievement of our clients' investment goals. A single, global investment philosophy unites all BlackRock systematic (quantitative) investment strategies. Knowledgeable investment people leveraging their skills through the extensive use of technology is a hallmark of our systematic investment approach. We believe that a focus on total performance management is the best way to achieve superior investment results. Through total performance management, we aim to understand; measure; forecast; and manage the three dimensions of investment performance — return, risk and cost. Investment strategyThe Fund's investment strategy aims to remain fully exposed to the international developed stock market, with cash exposure being maintained to a minimum, which may be, where practicable, equitised using index futures. The Fund and Underlying Fund may also hold a small allocation of cash (or cash equivalents that may include units in other BlackRock funds) for cash flow management purposes. In implementing its investment strategy, BlackRock constrains investments by avoiding issuers which generate revenue, or revenue beyond a certain threshold, in relation to business activities in given sectors, which have certain ESG characteristics. This process is known as screening. These business activities include, but are not limited to:
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Mandate
How we invest your moneyThe Fund's research driven investment process utilises a combination of active stock selection strategies across international developed markets that aim for the best trade-off between returns, risk and costs. The investment ideas blend local investment insights, cross-border insights, macro- economic insights and short-term drivers of stock returns and are grouped into three broad areas:
Investment risk is managed by diversifying across many countries and currencies, and by holding the stocks of a large number of companies within each country. To achieve its investment objective the Fund invests in the BlackRock International Alpha Tiles Fund (Underlying Fund), another fund managed by us that has the same investment strategy as the Fund. The Underlying Fund invests in the international developed market stocks that form the Benchmark. |