2.50p
(1.53%)
0.60%
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Stocks and Shares ISABlackRock Energy and Resources Income Trust plc is a United Kingdom-based investment trust company. Its principal activity is portfolio investment and option writing. The Company’s objectives are to achieve an annual dividend target and, over the long term, capital growth by investing primarily in securities of companies operating in the mining and energy sectors. The Company’s portfolio spans across various regions, including the United States, Canada, Brazil, Germany, Latin America, Australia, Africa, Ireland, France and the United Kingdom. The Company’s wholly owned subsidiary is BlackRock Energy and Resources Securities Income Company Limited and its principal activity is investment dealings. Its alternative investment fund manager is BlackRock Fund Managers Limited. The Company's investment manager is BlackRock Investment Management (UK) Limited.
Trust Information
About this company
Objective
The Company seeks to achieve its objectives through a focused portfolio, consisting of approximately thirty to one hundred and fifty securities.
Costs
- Ongoing charge1.15%
- Annual management charge -
- Performance feeNo
Fee structure
The management fee is equal to 0.8% p.a. of the gross assets. The management contract is terminable by either party on six months notice.
Value Assessment
- Value Assessment review date30 March 2025
- Value Assessment next review date-
- Is Assessment of Value required under COLL?No
- Outcome of COLL Assessment of Valuen/a
- Outcome of PRIN Value Assessment or reviewProduct expected to provide fair value for reasonably foreseeable period
- Other review related to value and or charges -
- Further information-
Key facts
- CurrencyGBX
- BenchmarkNo benchmark
- Shares in issue115.40m
- Gross gearing3.00%
- EPICBERI
- ISINGB00B0N8MF98
- DomicileUnited Kingdom
- ExchangeLondon Stock Exchange (LON)
- IndexFTSE All Share Index
- Website
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. Overview of the company, currency, shares in issue, EPIC, location, exchange, index, website, Data sourced by LSEG. Objective, Costs, Fee Structure, Key facts including Benchmark, Gross gearing are provided by MorningStar.