BlackRock UK Absolute Alpha Fund D
Category Equity Market Neutral Other
This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price
-
0.05p (+0.03%)
Fund Code
MCABA
B5ZNQ99
GB00B5ZNQ990
Prices updated as at 17 Apr 2024
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.
- Key stats
- Growth
- Performance
- Charges & documents
- Dividends
- Portfolio
- Risk & rating
- Management
| Fund status | Open |
| Fund type | Unit Trust |
| Fund manager | Nigel Ridge, Richard Wingfield, Oliver Dixon |
| 182.31 | |
| 168.91 | |
| Fund comparative index | SONIA |
| Targeted Absolute Return | |
| - | |
| 0.92 | |
| -0.18 | |
| 0.00 | |
| Equity Market Neutral Other | |
| 20 | |
| Fund provider | BlackRock Fund Managers Limited |
| Share class launch date | 01 Jul 2009 |
| £128.61m | |
| - | |
| 0.00 | |
| - | |
| Semi-Annually |
Please note that some funds may have small additional incidental charges that are not shown here. Where these charges do exist they are included within the variable ongoing costs in the Pre-sale Illustration.
