BlackRock Market Advantage D


Buy Price (as of 23/09/2016) £1.056  Sell Price (as of 23/09/2016) £1.055   Day Change :  0.67%     Fund Code:  MCMDA 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

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Biography

Robert Holmes is the lead fund manager on the Renasset Eastern European Allocation Fund and on the Renaissance Russia Debt Fund. He joined Renaissance Asset Managers in 2012 from Griffin Capital where he managed the award-winning East European Value Fund. He joined Griffin in 2006 and became lead manager in early 2008. Robert is highly experienced in the eastern European region, having started his career on the proprietary trading desk of ING Bank in 1994, he has also held positions at UBS, Flemings, JPMorgan and KBC where he founded their UK East European business.

Biography

Director of BlackRock, Inc. since 2009; Member of Market Advantage Team within BlackRocks Global Market Strategies Group since 2013;Various positions with Barclays Global Investors from 2004 to 2009.
Investment HouseBlackRock
Fund ProviderBlackRock Fund Managers Limited
ManagerRobert Holmes   Biography
ManagerMatthew Potts   Biography

Fund Objective The aim of the BlackRock Market Advantage Fund is to seek to achieve a total return, in the form of capital growth and income returns over the long term. The Fund will have global exposure to multiple asset classes. The Fund may invest in any or all of the following asset classes: transferable securities (equity securities and fixed income securities), permitted money-market instruments, permitted deposits, cash, units of collective investment schemes and derivatives. The Fund may invest in a full range of fixed income securities and money market instruments which may include non-investment grade securities. In order to achieve the investment objective and policy, the Fund will utilise a variety of investment strategies and eligible instruments. For this purpose, it may take full advantage of the ability to invest in derivatives.

Key Statistics

Fund Status
Fund TypeUNIT TRUST
ISINGB00BS7K6668
12-Month NAV High -
12-Month NAV Low -
Fund Comparative IndexNot Benchmarked
Morningstar CategoryTMGBP Flexible Allocation
Dividend FrequencyYearly

Annual Charges

Morningstar ratings

OverallN/A
3 YearsN/A
5 YearsN/A
10 YearsN/A

Growth of £1000 Help

 as of  23/09/2016

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
-----2.48
Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

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