BlackRock Global Event Driven Class D2 - Accumulation (Hedged GBP)
Charges and Savings
Initial charges | |
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Initial charge: | 5.00% |
Initial saving from HL: | 5.00% |
Net initial charge: | 0.00% |
HL dealing charge: | Free |
Annual charges | |||
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Performance fee: | Yes View risks | ||
Ongoing charge (OCF/TER): | 1.36% | ||
Ongoing saving from HL: | 0.00% | ||
Net ongoing charge: | 1.36% | ||
There are other unit types of this fund available: | |||
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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
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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 | 7.08% | 0.29% | -2.57% | 5.76% | 1.58% |
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 chartOur 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 BlackRock Global Event Driven Fund seeks to achieve a positive absolute return for investors regardless of market movements. The Fund seeks to achieve this investment objective by taking long, synthetic long and synthetic short investment exposures on a global basis. Under normal market conditions, the Fund will seek to gain at least 70% of its investment exposure through equities and equity-related securities. The Fund may also invest in fixed income transferable securities (including non-investment grade fixed income transferable securities), fixed income-related securities, units of undertakings for collective investment (including Exchange Traded Funds), derivatives and when determined appropriate, cash and near-cash instruments. The Fund intends to take full advantage of the ability to invest in derivatives providing synthetic long and synthetic short positions with the aim of maximising positive absolute returns. The Fund may also invest up to 10% of its Net Asset Value in Distressed Securities
Income Details
Security | Weight |
---|---|
HORIZON THERAPEUTICS | 4.73% |
ARCONIC INC | 3.25% |
FIRST HORIZON CORP | 3.18% |
SHAW COMMUNICATIONS | 2.82% |
VMWARE INC | 2.60% |
OAK STREET HEALTH | 2.39% |
COTY INC | 2.26% |
TOWER SEMICONDUCTOR | 2.08% |
OZ MINERALS LIMITED | 1.90% |
TREASURY BILL 04/25/2023 | 1.79% |
Sector | Weight |
---|---|
Bonds | 28.11% |
Cash and Equiv. | 20.82% |
Pharmaceuticals & Biotechnology | 7.00% |
Software & Computer Services | 6.37% |
Non-Classified | 5.98% |
Health Care Providers | 5.20% |
Aerospace & Defence | 3.74% |
Telecommunications Service Providers | 3.47% |
Banks | 3.18% |
Technology Hardware & Equipment | 2.93% |
Country | Weight |
---|---|
United States | 56.98% |
Cash and Equiv. | 20.82% |
Non-Classified | 5.80% |
Ireland | 4.73% |
Canada | 4.56% |
Israel | 2.08% |
Australia | 1.90% |
Netherlands | 1.23% |
United Kingdom | 0.71% |
Direct Property and REITs | 0.69% |
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 30 April 2023.
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.