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Fund Objective:
The Fund is a fund in a series of MyMap funds and the number allocated to the Fund does not directly relate to the level of risk or return within the Fund and is used simply to differentiate the Fund from the other MyMap branded funds in the BlackRock Investment Funds umbrella. The aim of the Fund is to provide, over five year periods, a return on your investment (generated through an increase in the value of the assets held by the Fund and/or income received from those assets) through an actively managed portfolio, whilst also maintaining a risk profile (i.e. an evaluation of the risks (e.g. risk of losses) associated with the portfolio) for the Fund’s portfolio of 6%-9%. The risk profile of the Fund’s portfolio, for this purpose, is measured as the volatility (i.e. the degree of fluctuation) of the Fund’s returns converted into an annual rate, over a five year period. Generally, the higher the volatility, the riskier the investment. Although the Fund aims to achieve its investment objective, there is no guarantee that this will be achieved, and the Fund may experience loss. The Fund’s risk profile may fall outside the stated range from time to time. There can be no guarantee that the Fund will maintain the target level of risk, especially during periods of unusually high or low volatility in the equity and fixed income markets. The Fund’s potential gains and losses are likely to be constrained by the aim to stay within the predefined risk profile. The Fund's capital is at risk, meaning that the Fund could suffer a decrease in value and the value of your investment could decrease as a result. The Fund will seek to achieve its investment exposure by investing predominantly (more than 80% of the Fund’s net asset value) in units of other funds, including, but not limited to exchange traded funds and other index funds managed by an affiliate of the BlackRock Group. At any one time, a substantial amount, or even all of the Fund’s assets may be held in units of other funds. The Fund will seek to achieve its investment objective by obtaining indirect exposure to a variety of asset classes globally, including equity securities (e.g. shares), fixed income securities (such as corporate bonds and government bonds), cash and near cash instruments (such as money market instruments (i.e. debt securities with short term maturities)). The Fund will seek to stay within the stated risk profile by varying its asset allocations (i.e. mix of assets) in different market conditions. Given the lower risk profile of the Fund, under normal market conditions the Fund will seek a greater exposure to fixed income securities (which are generally considered to be less risky compared to equity securities), compared to a fund with a higher risk profile which would seek to have a greater exposure to equity securities (which are generally considered to be more risky compared to fixed income securities). The Fund may hold up to 15% of the Fund’s net asset value indirectly in alternative asset classes (such as, but not limited to real estate and commodities (i.e. precious metals)). The Fund may also invest directly in financial derivative instruments (i.e. investments the prices of which are based on one or more underlying assets) cash, near cash instruments, and forward transactions, for investment purposes and for the purposes of efficient portfolio management, including to hedge currency exposure to enable the Fund to profit from changes in currency exchange rates against the base currency of the Fund. The Fund is actively managed and the investment manager has discretion to select the Fund’s investments and is not constrained by any benchmark in this process. Recommendation: This Fund may not be appropriate for short-term investment.
Charges applied by the fund management company for investing in their fund. Please note that Investment Managers may charge each time you buy new units or shares in a fund or trust. Where Investment Managers would have an entry charge, we will negotiate to have it waived so you will not be charged.
0.00%
Ongoing Charges:
The fund manager
The annual charge paid to a fund manager to cover the costs of running the fund. It is an estimate based on the actual amount charged in the previous year.
0.17%
Performance Fee:
The fund manager
A performance fee joins up the interest of the fund manager and their investors. A performance fee is taken when the fund beats pre-set conditions.
0%
Typical transaction cost:
The fund manager
The costs of dealing within a fund, which the Investment Manager must pay to continue managing the assets. This includes where the Manager decides to sell one stock and buy another. The costs will vary from one fund to another based on how often the Investment Manager trades and the costs applied when trading.
ESG stands for Environmental, Social and Governance and is an approach for evaluating to what extent a company works towards social goals. For investors this can be used in order to understand how their funds and the assets they are made up of work towards these goals and use that information to help make sustainable investment choices.
Important information
Halifax Share Dealing Limited. Registered in England and Wales no. 3195646. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.
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Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.