BlackRock UK Absolute Alpha Fund D

Category Long/Short Equity - UK

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

194.716p/194.428p

arrow-up0.093p (+0.05%)

Fund Code

MCABA

B5ZNQ99

GB00B5ZNQ990

Prices updated as at 12 Dec 2025

Prices in GBX

Investment objective

The aim of the Fund is to provide a positive absolute return on your investment (i.e. an increase in the overall value of the Fund) (gross of fees) over any 12 month period regardless of market conditions. The Fund’s target, which is used in the calculation of performance fees after all other fees, is to have a return greater than 3 Month SONIA compounded in arrears plus 11.9 basis point spread over the relevant 12 month period. The Fund will invest at least 70% of its total assets in derivatives, equity securities, equity related securities (i.e. other investments whose value is related to equities) and money market instruments (i.e. debt securities with short term maturities), cash or assets that can be turned into cash quickly. Derivatives will be used to further the investment objective of the Fund. Derivatives may also be used seek to reduce risk (relevant to the investment objective) within the Sub-Fund, reduce investment costs and generate additional income for the Sub-Fund.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Annual performance (%)

Year	This fund	Long/Short Equity - UK
30 Sep 14 - 30 Sep 15	8.04	-
30 Sep 15 - 30 Sep 16	2.43	-
30 Sep 16 - 30 Sep 17	3.35	-
30 Sep 17 - 30 Sep 18	-1.89	-
30 Sep 18 - 30 Sep 19	4.89	-
30 Sep 19 - 30 Sep 20	-1.31	-
30 Sep 20 - 30 Sep 21	2.99	-
30 Sep 21 - 30 Sep 22	5.77	-
30 Sep 22 - 30 Sep 23	7.27	-
30 Sep 23 - 30 Sep 24	7.42	-
30 Sep 24 - 30 Sep 25	1.77	-

Trailing returns (%)

Year	This fund	Long/Short Equity - UK
1 Day	0.05	-
1 Month	0.85	-
3 Months	2.72	-
6 Months	3.33	-
1 Year	0.74	-
3 Years annualised	5.44	-
5 Years annualised	4.98	-

Please note that past performance is not a reliable indicator of future returns. Please use the interactive graph for benchmark comparison.

Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

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