BlackRock Tactical Growth Fund
About this Fund
|FUND MANAGER||BlackRock Investment Management (Australia)|
The Fund seeks to achieve its investment objective by investing in both equity and debt securities, including money market securities and other short-term securities or instruments, of issuers located around the world.
The Fund aims to provide high total investment returns through a fully managed investment policy utilising international equity securities, debt and money market securities, the combination of which will be varied from time to time both with respect to types of securities and markets in response to changing market and economic trends.
|CURRENCY MANAGEMENT||Active management|
|BENCHMARK||30% SPEASX300G / 21% MSWXAUNET / 14% UBS_AUSCBI Index|
|FUND SIZE||30% SPEASX300G / 21% MSWXAUNET / 14% UBS_AUSCBI Index|
|NO. OF HOLDINGS|
Benefits of investing in the BlackRock Tactical Growth Fund
The benefits of investing in the Fund include:
Should be considered by investors who ...
About the Fund
The Fund aims to outperform peer performance consistent with a "growth orientated investment strategy encompassing:
The Fund aims to outperform its benchmark indices over a 5-year rolling period, before fees.
The investment strategy of the Fund is to provide investors with a diversified exposure to the best investment teams and strategies that the BlackRock Group has globally within the context of an Australian based "growth investment portfolio.
The Fund's strategy is built around two steps:
As the Fund is a diversified fund, there is no one relevant index to provide a benchmark, so the benchmark consists of a weighted average of the returns provided by market indices for relevant asset classes. The benchmark for the Fund provides a performance target against which Fund performance is measured over a set period of time. The strategic benchmark is reviewed periodically. Specific allocations may vary through time in line with our objective to manage total portfolio risk, however the Fund will generally retain its split between growth and defensive assets over the medium to long term.
How we invest your money
Active asset allocation
Asset allocation strategies are employed with the aim of capitalising on perceived mispricing in and between asset markets in Australia and internationally. This process may result in the Fund's exposure to the asset class being above, below or in-line with the strategic benchmark exposure. The strategies employed focus on a broad array of factors aimed at identifying potential market inefficiencies including assessments of fundamental valuation, economic environment, investor sentiment and other factors, including the management of total portfolio risk. BlackRock draws on its research capabilities and the fund management expertise of the BlackRock Group in developing and exploiting these strategies within a risk controlled framework.
The Fund's strategic benchmark has exposure to a mix of growth assets such as Australian shares, international shares, listed property and listed infrastructure and more defensive (income) asset classes such as Australian and international fixed income and cash. The allocation of growth assets compared with defensive assets and the associated asset class benchmark index is shown in the table below.
(Asset sector: % / Benchmark index)
TOTAL GROWTH ASSETS: 72%
TOTAL GROWTH ASSETS: 28%