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BlackRock Circular Economy Class D2 - Accumulation (USD)

Sell:$13.78 Buy:$13.78 Change: $0.15 (1.08%)
Prices as at 20 December 2024
Sell:$13.78
Buy:$13.78
Change: $0.15 (1.08%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 20 December 2024
Sell:$13.78
Buy:$13.78
Change: $0.15 (1.08%)
Prices as at 20 December 2024
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Charges and Savings

Initial charges
Initial charge: 5.00%
Initial saving from HL: 5.00%
Net initial charge: 0.00%
HL dealing charge: Free
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.98%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.98%
There are other unit types of this fund available:
Class D2 - Accumulation (EUR) (Net ongoing charge 0.98%)
Class D2 Hedged - Accumulation (GBP) (Net ongoing charge 0.98%)

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.


Other Information

Unit type: Unbundled
Manager:
Multiple
Fund launch date: n/a
Sector: Unclassified
Fund size: £1,207 million
Number of holdings: 47
Fund type: SICAV
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 15:00
Trustee: The Bank of New York Mellon (Luxembourg) S.A.
Minimum investment: £100.00
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Please see our Sustainability Labels page for more information.

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Performance

20/12/19 to 20/12/20 20/12/20 to 20/12/21 20/12/21 to 20/12/22 20/12/22 to 20/12/23 20/12/23 to 20/12/24
Annual return 18.08% 16.36% -16.97% 11.35% 4.89%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

The Wealth Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

Fund Objective

The Fund aims to provide a return on your investment through a combination of capital growth and income on the Fund’s assets. The Fund invests globally at least 80% of its total assets in the equity securities (i.e. shares) of companies globally that benefit from, or contribute to, the advancement of the “Circular Economy”. The Circular Economy concept aims to minimise waste by considering the full life-cycle of materials, and redesigning products and operations to encourage greater re-use and recycling. The Fund will aim to invest in line with the principles of the Circular Economy as determined by the Investment Adviser (IA) (having regard to specialist third party information sources as appropriate), except that the Fund will not invest in companies that are classified in the following sectors (as defined by Global Industry Classification Standard): coal and consumables; oil and gas exploration and production; and integrated oil and gas.

Income Details

Income paid: n/a
Type of payment: Dividend
Ex-dividend date:
Payment date:

This data is provided by Broadridge. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. There is currently no yield information available for this fund.

Security Weight
REPUBLIC SERVICES 5.40%
MICROSOFT CORPORATION 4.59%
AVERY DENNISON CORPORATION 4.23%
COCA-COLA EUROPACIFIC PARTNERS 4.13%
SMURFIT WESTROCK PUBLIC LIMITED COMPANY 3.98%
THERMO FISHER SCIENTIFIC 3.88%
BlackRock Institutional Cash Series ICS US Dollar Liquid Environmentally Aware Agency 3.61%
GRAPHIC PACKAGING HLDG CO 3.53%
SCHNEIDER ELECTRIC SE 3.48%
OWENS CORNING 3.46%
Sector Weight
Construction & Materials 12.59%
General Industrials 12.07%
Electronic & Electrical Equipment 10.53%
Waste & Disposal Services 8.34%
Software & Computer Services 6.40%
Industrial Materials 5.81%
Personal Goods 5.69%
Industrial Support Services 5.19%
Medical Equipment & Services 5.16%
Chemicals 4.76%
Country Weight
United States 51.85%
France 11.93%
United Kingdom 7.52%
Ireland 7.23%
Germany 3.33%
Japan 3.31%
Switzerland 2.61%
Cash and Equiv. 2.58%
Denmark 2.57%
Spain 2.52%

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 20 December 2024. Data provided by Broadridge, correct as at 31 October 2024.

Broadridge
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account

4 If you elect to receive the income from an ISA or a Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.