BlackRock High Conviction Australian Equity Fund Class D
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/101166-2023-03-10-02:19.pdf |
FUND MANAGER | BlackRock Investment Management (Australia) |
ASX Code | |
APIR | BLK0012AU |
ASSET CLASS | AUSTRALIAN EQUITIES |
INVESTMENT STYLE | The Fund will invest in industrial stocks generally excluding the top five stocks by market capitalisation. |
INVESTMENT PROFILE | The Fund aims to deliver returns that are 4-6% (before fees) p.a. above those of the Benchmark over rolling 3-year periods. |
CURRENCY MANAGEMENT | Unhedged |
INCEPTION DATE | 05-01-2016 |
BENCHMARK | S&P/ASX 300 Industrial Accumulation Index ex top 5 stocks by market capitalisation |
FUND SIZE | S&P/ASX 300 Industrial Accumulation Index ex top 5 stocks by market capitalisation |
DISTRIBUTION FREQUENCY | Quarterly |
NO. OF HOLDINGS | 20-40 |
FEES | 0.65% p.a. |
STRUCTURE |
Benefits
Benefits | Benefits of investing in the BlackRock High Conviction Australian Equity Fund Class D
Risk levelHigh Investor suitabilityThe Fund may be suitable for investors who seek an actively managed, concentrated strategy that contains high conviction ideas targeting long-term capital growth and income through investing in Australian industrial shares. |
RISK LEVEL | |
INVESTOR SUITABILITY |
Risks
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Detail |
Key Features
About the FundWith the Australian economic landscape rapidly changing, successful investing strategies need to be responsive to a growing number of challenges, both local and global. By looking beyond traditional industrial stocks and resource companies to capture performance potential, the BlackRock Concentrated Industrial Share Fund ("fund) meets these challenges with a more diversified, high conviction approach to Australian Equities investing. Investment approachThe Fund applies a fundamental approach that is focused on bottom up analysis, where detailed research is conducted prior to any investment decision. There is a strict focus on quality first and only those companies that meet the following quality filters will be considered for inclusion in the Fund:
We believe that the focus on quality first adds significant outperformance, particularly in times of market dislocation, where successful investing is as much about avoiding the losses as picking the winners. Once we are satisfied that a company has successfully passed the above five filters, we use a number of valuation techniques to identify value. Our flexible "blend investment style focuses on stocks with attractive growth and value characteristics. A concentrated portfolio of 20 to 40 stocks is then constructed from an investible universe of approximately 200, which will have a balance of risk across all sectors. |
Mandate
How we invest your moneyThe Fund will invest in industrial stocks generally excluding the top five stocks by market capitalisation. The Fund will also generally not invest in resource stocks. We believe this approach leads to a more diversified portfolio that focuses on uncovering opportunities outside of these stocks. The Fund generally invests in those Australian stocks that form the Benchmark. The Fund's portfolio may also include stocks outside of the Benchmark, but still listed on ASX, and pre-IPO investments, as long as there is a firm plan to list the stock on the ASX within a year. The 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. Asset allocation ranges(Asset sector: Min-Max / Benchmark)
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