BlackRock UK Special Situations Fund Accumulation Units
Also available as income 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 | 14-03-1981 |
| Launch price | £1.00 |
| Sector | UK All Companies |
| Fund size | £519 million |
| Number of holdings | 54 |
| Fund type | Unit Trust |
| Type of units | Accumulation |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Despite a challenging outlook for the global economy this fund has stacked up well relative to its peers this year. The fund’s outperformance can be contributed to the fact that a number of holdings in the fund have been the subject of takeover activity which has boosted their share prices. Avoiding the consumer sectors including the banks has also proven beneficial. We are pleased with how the fund is progressing.
Full research
About the Fund Manager
Richard Plackett
Located in: London
Fund Manager of the Merrill Lynch UK Smaller Companies Fund was educated at Harrow before reading economics at Queens College, Cambridge. In 1989 he joined 3i as a venture capitalist before being appointed manager of their quoted smaller companies funds. In 1997 Richard was appointed Head of Smaller Companies at M&G and two years later became Head of Income Funds. Prior to his departure Richard was also Head of UK Retail Funds and Head of UK Investment Process. Richard is now a Director of the MLIM UK Core Equity Team.
Income details
| Gross running yield | 0.57% |
|---|---|
| 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 | 21 April 2009 |
|---|---|
| Payment date ³ | 20 June 2009 |
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Top 10 holdings
| BP | 5.70% |
|---|---|
| HSBC Holdings PLC (UK Reg) | 5.69% |
| BG Group | 5.19% |
| Royal Dutch Shell B | 5.13% |
| BHP Billiton | 4.35% |
| BAE Systems | 4.05% |
| Aveva Group | 4.02% |
| Micro Focus International | 3.18% |
| Vodafone Group | 3.08% |
| Connaught | 2.93% |
Top 10 sectors
| Oil & Gas Producers | 16.02% |
|---|---|
| Support Services | 13.27% |
| Software & Computer Services | 11.97% |
| Aerospace & Defence | 9.40% |
| Mining | 8.95% |
| Banks | 5.69% |
| Industrial Engineering | 5.46% |
| Financial Services | 4.96% |
| Media | 4.08% |
| Oil Equipment, Services & Distribution | 3.61% |
Top 10 countries
| United Kingdom | 100.40% |
|---|---|
| Canada | 0.66% |
| Cash and Equiv. | -1.05% |
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 07-01-2009. Data accurate as at 31/10/2008.
