BlackRock UK Dynamic Income Units
Also available as accumulation units
At a glance
| Initial charge | 5.00% |
|---|---|
| Initial saving | 5.00% |
| Annual charge | 1.50% |
| Annual saving | 0.250% ² |
| Total Expense Ratio | 1.68% |
| Launch date | 31-10-2000 |
| Launch price | £1.00 |
| Sector | UK All Companies |
| Fund size | £1,397 million |
| Number of holdings | 49 |
| Fund type | Unit Trust |
| Type of units | Income |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Mark Lyttleton expects to see further volatility in the short term as a weak financial system and a weak UK consumer act as potential headwinds. While this fund has generally enjoyed solid performance over the longer term, it has been volatile in the short term while there has been a sharp reversal of themes in the market. The fund remains focused on the strengths in companies like the oil & gas producers and selected financials.
Full research
About the Fund Manager
Mark Lyttleton
Located in: London
Mark Lyttleton joined Merrill Lynch Investment Managers as a graduate, and has over nine years experience with the firm. He specialises in managing funds which invest in the UK stockmarket, which have been designed specifically for private investors, and is Fund Manager of Merrill Lynch UK Dynamic Fund. Mark is also responsible for co-ordinating company research into the property and financials sectors.
Income details
| Gross running yield | 0.61% |
|---|---|
| Income paid | Bi-annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. The information is correct as at 23-04-2007.
Distribution dates
| Ex-dividend date | 01 May 2008 |
|---|---|
| Payment date ³ | 30 June 2008 |
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Top 10 holdings
| BlackRock Institutional Sterling Liquidity Class I | 6.41% |
|---|---|
| Vodafone Group | 5.40% |
| BAE Systems | 5.35% |
| Tullow Oil | 4.40% |
| BG Group | 4.39% |
| BP | 4.06% |
| HSBC Holdings PLC (UK Reg) | 4.05% |
| Compass Group | 3.86% |
| International Power | 3.14% |
| Astrazeneca | 3.13% |
Top 10 sectors
| Oil & Gas Producers | 21.26% |
|---|---|
| Banks | 9.66% |
| Mining | 8.44% |
| Mobile Telecommunications | 8.34% |
| Travel & Leisure | 8.24% |
| Cash and Equiv. | 6.46% |
| Tobacco | 5.44% |
| Aerospace & Defence | 5.35% |
| Financial Services | 4.93% |
| Pharmaceuticals & Biotechnology | 4.73% |
Top 10 countries
| United Kingdom | 88.65% |
|---|---|
| Cash and Equiv. | 6.46% |
| Canada | 2.84% |
| Australia | 0.89% |
| Non-Classified | 0.84% |
| United States | 0.32% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or 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.
Last valuation as at 21-11-2008. Data accurate as at 30/09/2008.
