MAC000677 - BlackRock GSS ESG Screened Balanced Model
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/106759-2024-03-01-02:38.pdf |
FUND MANAGER | BlackRock Investment Management (Australia) |
ASX Code | |
APIR | MAC000677 |
ASSET CLASS | MULTI-ASSET |
INVESTMENT STYLE | Uses strategic asset allocation to provide long term exposures to each asset class, and invests in a diverse portfolio of managed funds and EFTs. Allocation is approximately 50% defensive and 50% growth. |
INVESTMENT PROFILE | aim to beat benchmark after fees over a rolling 5 year period. |
CURRENCY MANAGEMENT | |
INCEPTION DATE | |
BENCHMARK | Morningstar Australia balanced target allocation NR AUD index |
FUND SIZE | Morningstar Australia balanced target allocation NR AUD index |
DISTRIBUTION FREQUENCY | |
NO. OF HOLDINGS | 5-15 |
FEES | 0.14% |
STRUCTURE |
Benefits
Benefits | Distributions:
Other Benefits
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RISK LEVEL | Medium |
INVESTOR SUITABILITY | The fund is suitable for an ethical investor, geared towards accumulating wealth over a rolling 5 year time period |
Risks
Title | |
Detail |
Key Features
ESG Investment Strategy and Process The BlackRock ESG Screened Managed Models predominantly invest in Managed funds and EFT’s (Exchange Traded Funds) the BlackRock Group has already approved for inclusion on it’s BlackRock Sustainable Investing Platform (BSIP). The BSIP comprises a suit of underlying funds issued by BlackRock which uses third-party ESG data as a portfolio construction input. BlackRock assigns one of its ESG categories to each underlying Fund on the BISP. The Group select funds that have been classified as ‘Screened’ or ‘Uplift’, which meet the considered description: Screened: Underlying Funds that seek to use exclusionary screens to avoid issuers or companies that engage in certain activities such as oil and natural gas reserves, thermal coal-based power generation, controversial weapons, tobacco, and United Nations Global Compact Violations. Uplift: Underlying Funds that seek to invest in issuers or companies that can demonstrate improved ESG characteristics (such as Higher ESG or lower carbon footprint) when compared to the funds stated universe or benchmark. Thematic: Underlying Funds that seek to make investments in issuers or companies whose business models target and drive long-term sustainability outcomes. Impact: Underlying Funds that seek to invest in issuers that generate positive, measurable, and additional sustainability outcomes. |
Mandate
About BlackRock BlackRock's purpose is to help people experience financial well-being. As a fiduciary to investors and a provider of financial technology, BlackRock helps millions of people build savings that serve them throughout their lives by making investing easier and more affordable.
BlackRock Australia's Multi-Asset Strategies and Solutions team ('MASS team') is responsible for the management of the BlackRock GSS Managed Models. This integrated team of investment strategists and portfolio managers is part of BlackRock's global multi-asset team, with the professionals responsible for these models based in Sydney, Melbourne, Singapore and Hong Kong. The MASS Australia team has managed multi-asset portfolios since 1992 and manages over A$60 billion in assets across its diversified funds range, model portfolios, absolute return strategies and custom mandates.
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