Morningstar Fund Report  | 07/04/2025Print

BlackRock Global Unconstrained Equity Fund (UK) D GBP Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
BlackRock Global Unconstrained Equity Fund (UK) D GBP Acc
Fund34.4-16.225.79.6-11.2
+/-Cat19.91.99.7-5.6-4.6
+/-B’mrk16.42.83.4-14.3-2.6
 
Category: Global Large-Cap Growth Equity
Category Benchmark: Morningstar Gbl Growth TME ...
Key Stats
NAV
04/04/2025		 GBP 1.54
Day Change -4.21%
Morningstar Category™ Global Large-Cap Growth Equity
IA (formerly IMA) Sector Global
ISIN GB00BFK3ML85
Fund Size (Mil)
31/03/2025		 GBP 1219.49
Share Class Size (Mil)
-		 -
Max Initial Charge -
Ongoing Charge
10/02/2025		  0.89%
Investment Objective: BlackRock Global Unconstrained Equity Fund (UK) D GBP Acc
The aim of the Fund is to provide a return on investor's investment (generated through an increase in the value of the assets held by the Fund) over the long-term (5 years or more) by investing in a global portfolio of equity securities (e.g. shares). In seeking to achieve its investment objective, the Fund will invest at least 80% of its total assets in equity securities and equity-related securities (i.e. other investments whose value is related to equities) of companies domiciled in, or exercising a significant part of their economic activity in, global developed markets (i.e. markets with advanced financial and economic structures).
Returns
Trailing Returns (GBP)04/04/2025
YTD-16.70
3 Years Annualised2.17
5 Years Annualised12.60
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Alister Hibbert
21/01/2020
Michael Constantis
21/01/2020
Inception Date
21/01/2020

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI Wld NR GBPMorningstar Gbl Growth TME NR USD
Portfolio Profile for  BlackRock Global Unconstrained Equity Fund (UK) D GBP Acc28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.730.0099.73
Bond0.180.000.18
Property0.000.000.00
Cash4.524.430.09
Other0.000.000.00
Top 5 Regions%
United States73.87
Eurozone19.99
Europe - ex Euro6.15
Canada0.00
Latin America0.00
Top 5 Sectors%
Technology25.18
Consumer Cyclical20.36
Healthcare20.02
Financial Services16.49
Communication Services11.04
Top 5 HoldingsSector%
Microsoft CorpTechnologyTechnology8.92
ASML Holding NVTechnologyTechnology7.09
Meta Platforms Inc Class ACommunication ServicesCommunication Services6.32
S&P Global IncFinancial ServicesFinancial Services6.13
Novo Nordisk AS Class BHealthcareHealthcare5.99
Increase Decrease New since last portfolio
BlackRock Global Unconstrained Equity Fund (UK) D GBP Acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  BlackRock Global Unconstrained Equity Fund (UK) D GBP Acc
Category:  Global Large-Cap Growth Equity
Category Index:  Morningstar Gbl Growth TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 202120222023202431/03
Price Return34.42-16.2225.749.63-11.22
+/- Category19.861.869.71-5.57-4.65
+/- Category Index16.362.753.43-14.32-2.62
% Rank in Category147127491
Trailing Returns (GBP)04/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-4.21   -1.18-0.60
1 Week-9.73   -3.55-1.59
1 Month-15.47   -5.63-2.76
3 Months-16.98   -5.550.44
6 Months-13.41   -6.48-3.43
YTD-16.70   -5.93-1.09
1 Year-17.88   -12.43-14.63
3 Years Annualised2.17   0.36-0.98
5 Years Annualised12.60   2.890.80
10 Years Annualised-   --
 
Category: Global Large-Cap Growth Equity
Category Index: Morningstar Gbl Growth TME NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-11.22---
202412.630.20-6.443.83
202311.525.27-2.509.85
2022-9.67-14.125.232.63
2021-0.6713.245.8812.87
2020-18.815.276.80
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageAbove Average3 star
5-YearAbove AverageAbove Average4 star
10-Year--Not Rated
OverallAbove AverageAbove Average4 star
 
Category :  Global Large-Cap Growth EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev16.74 %
3-Yr Mean Return5.74 %
 
3-Yr Sharpe Ratio0.10
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Gbl Growth TME NR USD  Morningstar Gbl Growth TME NR USD
3-Yr Beta1.011.01
3-Yr Alpha-1.93-1.93
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 220377-
Market Capitalisation% of Equity
Giant56.30
Large22.23
Medium16.16
Small5.31
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings30.231.25
Price/Book7.571.53
Price/Sales7.041.89
Price/Cash Flow22.301.35
Dividend-Yield Factor0.700.62
 
Long-Term Projected Earnings Growth11.040.98
Historical Earnings Growth18.301.37
Sales Growth12.941.43
Cash-Flow Growth16.181.33
Book-Value Growth15.891.42
 
Category: Global Large-Cap Growth Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock99.730.0099.73
Bond0.180.000.18
Property0.000.000.00
Cash4.524.430.09
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States73.871.12
Canada0.000.00
Latin America0.000.00
United Kingdom0.000.00
Eurozone19.991.87
Europe - ex Euro6.151.15
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: Global Large-Cap Growth Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Consumer CyclicalConsumer Cyclical20.361.64
Financial ServicesFinancial Services16.491.11
HealthcareHealthcare20.021.45
Communication ServicesCommunication Services11.041.33
IndustrialsIndustrials6.900.63
TechnologyTechnology25.180.85
 
Category: Global Large-Cap Growth Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings20
Total Number of Bond Holdings0
Assets in Top 10 Holdings59.01
NameSectorCountry% of Assets
Microsoft Corp311United States8.92
ASML Holding NV311Netherlands7.09
Meta Platforms Inc Class A308United States6.32
S&P Global Inc103United States6.13
Novo Nordisk AS Class B206Denmark5.99
Masimo Corp206United States5.18
Mastercard Inc Class A103United States5.01
Visa Inc Class A103United States4.95
Lvmh Moet Hennessy Louis Vuitton SE102France4.82
Thermo Fisher Scientific Inc206United States4.61
 
Increase Decrease New since last portfolio
Category: Global Large-Cap Growth 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 Date21/01/2020
Fund Advisor(s)
BlackRock Investment Management (UK) Ltd.
Fund ManagerAlister Hibbert
Manager Start Date21/01/2020
 
Biography
Alister Hibbert Managing Director of BlackRock, Inc. since 2010; Director of BlackRock, Inc. from 2008 to 2009; Portfolio manager at Scottish Widows Investment Partnership from 2005 to 2008; Previously, Hibbert is a portfolio manager and research analyst with Oeschle International from 2004 to 2005. Prior to joining the company, he worked as senior European portfolio manager at Invesco Perpetual Asset Management. He began his investment career when he joined the Group from 1996 to 2004 as an economist within the Continental European Equity team. Alister managed the INVESCO GT Continental European Fund and INVESCO GT Pan European Fund.
Fund ManagerMichael Constantis
Manager Start Date21/01/2020
 
Biography
Michael is responsible for growth Pan-European portfolio management as well as covering telecom and technology stocks. Prior to joining BlackRock in 2005 he was at Deutsche Asset Management.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.75%
Ongoing Charge0.89%
Purchase Details
Minimum Investments
Initial100000  GBP
Additional100  GBP
Savings-
Tax Free Savings Schemes
ISAsNo