Morningstar Fund Report  | 14/04/2025Print

BlackRock UK Equity D Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
BlackRock UK Equity D Acc
Fund14.9-5.712.68.71.1
+/-Cat-3.0-3.64.40.2-2.2
+/-B’mrk--4.9-1.1-4.0
 
Category: UK Large-Cap Equity
Category Benchmark: Morningstar UK All Cap TME ...
Key Stats
NAV
10/04/2025		 GBX 9806.95
Day Change 4.99%
Morningstar Category™ UK Large-Cap Equity
IA (formerly IMA) Sector UK All Companies
ISIN GB00B410CR74
Fund Size (Mil)
31/03/2025		 GBP 311.18
Share Class Size (Mil)
-		 -
Max Initial Charge -
Ongoing Charge
10/02/2025		  0.91%
Investment Objective: BlackRock UK Equity D Acc
The aim of the Fund is to deliver a return on your investment (generated through an increase to the value of the assets held by the Fund and/or income received from those assets). In order to achieve its investment objective, the Fund will invest at least 80% of its total assets in equities (i.e. shares) of companies located in, or exercising a significant part of their economic activity across all economic sectors in the United Kingdom. The Fund has the flexibility to invest up to 20% of its total assets outside of these parameters, including in other countries globally.
Returns
Trailing Returns (GBP)10/04/2025
YTD-3.49
3 Years Annualised4.94
5 Years Annualised9.51
10 Years Annualised5.99
12 Month Yield 2.04
Management
Manager Name
Start Date
Adam Avigdori
01/12/2022
Samantha Brownlee
01/12/2022
Click here to see others
Inception Date
22/07/2011

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE AllSh TR GBPMorningstar UK All Cap TME NR GBP
Portfolio Profile for  BlackRock UK Equity D Acc28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock93.240.0093.24
Bond0.070.000.07
Property0.000.000.00
Cash1.600.151.45
Other5.530.295.24
Top 5 Regions%
United Kingdom99.60
United States0.29
Eurozone0.11
Canada0.00
Latin America0.00
Top 5 Sectors%
Financial Services20.25
Industrials19.09
Consumer Cyclical14.75
Healthcare11.49
Communication Services8.82
Top 5 HoldingsSector%
AstraZeneca PLCHealthcareHealthcare8.17
RELX PLCIndustrialsIndustrials6.59
Shell PLCEnergyEnergy5.62
3i Group Ord5.19
London Stock Exchange Group PLCFinancial ServicesFinancial Services4.99
Increase Decrease New since last portfolio
BlackRock UK Equity D Acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  BlackRock UK Equity D Acc
Category:  UK Large-Cap Equity
Category Index:  Morningstar UK All Cap TME NR GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-10.6027.30-4.1414.93-5.6812.568.701.12
+/- Category-0.787.964.96-3.03-3.614.350.21-2.21
+/- Category Index-----4.94-1.12-4.04
% Rank in Category71612777665879
Trailing Returns (GBP)10/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day4.99   5.354.40
1 Week-3.84   -2.19-2.99
1 Month-5.59   0.950.22
3 Months-4.19   -0.42-1.86
6 Months-2.67   1.03-0.44
YTD-3.49   0.00-1.49
1 Year2.14   0.49-2.05
3 Years Annualised4.94   1.630.40
5 Years Annualised9.51   0.58-0.13
10 Years Annualised5.99   1.801.16
 
Category: UK Large-Cap Equity
Category Index: Morningstar UK All Cap TME NR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20251.12---
20242.963.951.350.22
20234.121.902.163.84
2022-3.83-7.87-1.918.53
20212.016.691.833.70
2020-24.8614.741.209.87
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageAverage3 star
5-YearAverageAverage3 star
10-YearHighAverage5 star
OverallAbove AverageAverage4 star
 
Category :  UK Large-Cap EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev11.66 %
3-Yr Mean Return7.37 %
 
3-Yr Sharpe Ratio0.27
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar UK All Cap TME NR GBP  FTSE AllSh TR GBP
3-Yr Beta0.960.98
3-Yr Alpha-0.65-0.42
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 20655-
Market Capitalisation% of Equity
Giant38.07
Large21.07
Medium25.62
Small12.36
Micro2.88
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings14.761.14
Price/Book2.071.15
Price/Sales1.541.28
Price/Cash Flow10.341.20
Dividend-Yield Factor2.950.83
 
Long-Term Projected Earnings Growth8.110.91
Historical Earnings Growth11.0955.24
Sales Growth6.011.17
Cash-Flow Growth4.469.45
Book-Value Growth3.950.94
 
Category: UK Large-Cap Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock93.240.0093.24
Bond0.070.000.07
Property0.000.000.00
Cash1.600.151.45
Other5.530.295.24
World Regions28/02/2025
 % of EquityRelative to Category
United States0.290.19
Canada0.000.00
Latin America0.000.00
United Kingdom99.601.05
Eurozone0.110.09
Europe - ex Euro0.000.00
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan0.000.00
Australasia0.000.00
Asia - Developed0.000.00
Asia - Emerging0.000.00
 
Category: UK Large-Cap Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials6.451.16
Consumer CyclicalConsumer Cyclical14.751.71
Financial ServicesFinancial Services20.250.90
Real EstateReal Estate3.631.86
Consumer DefensiveConsumer Defensive5.520.40
HealthcareHealthcare11.490.95
UtilitiesUtilities0.660.18
Communication ServicesCommunication Services8.822.13
EnergyEnergy7.680.83
IndustrialsIndustrials19.091.21
TechnologyTechnology1.650.67
 
Category: UK Large-Cap Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings130
Total Number of Bond Holdings0
Assets in Top 10 Holdings50.51
NameSectorCountry% of Assets
AstraZeneca PLC206United Kingdom8.17
RELX PLC310United Kingdom6.59
Shell PLC309United Kingdom5.62
3i Group OrdUnited Kingdom5.19
London Stock Exchange Group PLC103United Kingdom4.99
Compass Group PLC102United Kingdom4.95
Standard Chartered PLC103United Kingdom4.37
Next PLC102United Kingdom3.93
HSBC Holdings PLC103United Kingdom3.49
Pearson PLC308United Kingdom3.22
 
Increase Decrease New since last portfolio
Category: UK Large-Cap Equity
 
Management
Name of CompanyBlackRock Fund Managers Limited
Phone020 7743 3000
Website -
Address12 Throgmorton Avenue
 London   EC2N 2DL
 United Kingdom
DomicileUnited Kingdom
Legal StructureUnit Trust
UCITSYes
Inception Date22/07/2011
Fund Advisor(s)
BlackRock Investment Management (UK) Ltd.
Fund ManagerAdam Avigdori
Manager Start Date01/12/2022
Career Start Year2001
Education
2001, University of Manchester Institute of Science and Technology, B.Sc
 
Biography
Adam Avigdori, Managing Director, and portfolio manager is Deputy Head of BlackRock's UK Equity Team within BlackRock's Fundamental Equities. He has been a portfolio manager since 2005, originally running private unit trusts. Mr. Avigdori was appointed co-manager of the Blackrock UK Income strategies in 2009 and the UK Charities strategies in 2015. Mr. Avigdori additionally represents EMEA on the Fundamental Equities Sustainable Steering Committee and is a member of the EMEA Talent Committee. Mr Avigdori's service with the firm dates back to 2001, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Mr Avigdori earned a BSc (Hons) in Management Sciences from UMIST (University of Manchester Institute of Science and Technology) in 2001.
Fund ManagerSamantha Brownlee
Manager Start Date01/12/2022
Career Start Year2008
 
Biography
Samantha Brownlee, Director and portfolio manager in the UK Core Equity team within BlackRock's Fundamental Equity division of BlackRock's Active Equity group. Samantha is responsible for the UK Equity and UK Focus portfolios alongside Luke Chappell, with a research emphasis on Basic Resources. Samantha joined Blackrock in December of 2022. Prior to joining Blackrock, Samantha worked at abrdn for 14 years working on the Pan European, US and UK equities teams. Samantha spent 7 years living in Philadelphia, working as a portfolio manager on US portfolios and covering North American stocks as a generalist, before returning to the UK in 2020.
Fund ManagerDavid Goldman
Manager Start Date01/12/2022
Education
2004, Bristol University, B.Sc
 
Biography
David Goldman, CFA, Director and portfolio manager, is a member of BlackRock's UK Equity Team within BlackRock's Fundamental Equities. Mr Goldman is responsible for the UK Income and Charity portfolios. Mr. Goldman's service with the firm dates back to 2004, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, Mr. Goldman held a variety of positions on both the UK equity team and in the fixed income division. Mr. Goldman began his investment career with MLIM in 2004 as a member of the investment training program. Mr. Goldman earned a BSc degree, with first class honours, in economics from Bristol University in 2004.
Fund ManagerMatthew Betts
Manager Start Date20/01/2020
Fund ManagerLuke Chappell
Manager Start Date30/09/2016
Education
1990, University of Oxford, M.A.
 
Biography
Luke Chappell, Managing Director and portfolio manager, is head of the UK and Global Core Equity teams within BlackRock's Fundamental Equity division of BlackRock's Active Equity group. Mr. Chappell's service with the firm dates back to 1998, including his years with Merrill Lynch Investment Managers ("MLIM"), which merged with BlackRock in 2006. At MLIM, Mr. Chappell was an equity portfolio manager, responsible for managing UK Specialist equity portfolios. Prior to joining MLIM, he worked at another investment management house in a range of research and fund management roles, with particular emphasis on specialist accounts and mid-cap stocks.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.75%
Ongoing Charge0.91%
Purchase Details
Minimum Investments
Initial100000  GBP
Additional100  GBP
Savings-
Tax Free Savings Schemes
ISAsYes