BlackRock Hedge SE UK Emerging (Ordinary Share) BHUE

Hedge Funds

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Estimated NAV (p)

128.00

Share Price (p)

N/A

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
BlackRock Hedge SE UK Emerging (Ordinary Share) Price 0.67%
BlackRock Hedge SE UK Emerging (Ordinary Share) NAV 4.47%
FTSE World 44.06%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 122.0p -4.4% 128.00p 128.00p
10 Oct
100%

Discrete performance % over

Fund / BenchmarkNov '11
Oct '12
Nov '12
Oct '13
Nov '13
Oct '14
BlackRock Hedge SE UK Emerging (Ordinary Share) Price2.336.60-7.72
BlackRock Hedge SE UK Emerging (Ordinary Share) NAV4.396.15-5.72
FTSE World14.0021.583.94

Discrete performance over

Discrete Performance

Top 10 Holdings

Spirax-sarco 2.50%
Howden Joinery Group PLC 2.50%
Senior PLC 2.50%
AVEVA Group PLC 2.50%
4imprint Group Plc 2.10%
Workspace Group PLC 2.10%
Essentra 2.00%
Elementis PLC 2.00%
Bodycote PLC 2.00%
Victrex PLC 2.00%

Sectors weighting

Hedge Funds 100.00%

Regional weighting

UK 100.00%
  • Investment trust info:

  • Sector Hedge Funds
  • Launch Date 28 Sep 2009
  • Base Currency GBX
  • Domicile Jersey
  • Share Price (p) N/A
  • Share Type Ordinary Share
  • TIDM BHUE
  • ISIN JE00B42J3Y72
  • Shares Issued (M) 26
  • Market Capital (£M) 31.69
  • Gross Assets (£M) 33.15
  • Net Assets (£M) 33.15
  • TER (%) 0.54
  • Last AGM 26 Jun 2014
  • Next AGM 26 Jun 2015
  • Last Annual Report Date 28 May 2013
  • Next due Report Date  
  • Next due Report Type I/R
  • Objective:

  • To seek to maximize total returns by investing primarily in mid and small cap UK equities, whilst limiting correlation with the UK equity market.
  • Management Group(s):

  • BlackRock (Channel Islands) Limited
  • BlackRock Fund Managers Limited
  • BlackRock Investment Management (UK) Ltd
  • Managed by:

  • Dan Whitestone Start: 28 Sep 2009
  • Lucy Marmion Start: 28 Sep 2009
  • Ralph Cox Start: 02 Jul 2014
  • Ralph Cox Start: 28 Sep 2009
  • Richard Plackett Start: 28 Sep 2009
  • Team Managed Start: 28 Sep 2009
  • Management Contract & Fees:

    No investment management or performance fees will be payable directly by the Company to the Manager or the Investment Manager. Holders of each class of Shares will indirectly bear the Company's pro rata share of the fees charged and expenses borne at the level of the relevant Underlying Fund. Investment Manager will receive (a) an investment management fee equal to 1/12 of 1.75% per month of the aggregate NAV of the class of shares in the UK Emerging Companies Hedge Fund held by the Company payable monthly in arrears and (b) subject to a high watermark, a performance fee equal to 20% of the appreciation in the NAV per share of each share held by the Company in the UK Emerging Companies Hedge Fund during each calendar year. Fees payable to the Sub-Administrator and Custodian and other ongoing operational expenses, ongoing fees and expenses payable by the Company are estimated to be 0.50% p.a. of the Company's NAV (if the NAV of the Company is GBP50m) and will comprise items including: (1) fees payable to the Sub-Administrator (in respect of the services of both the Sub-Administrator and the Custodian), estimated to be GBP50,000 p.a.; (2) fees payable to the Auditor, estimated to be GBP13,500 p.a.; and (3) other operational expenses, estimated to be GBP187,000 p.a.. The performance fee in respect of each share held by the company will be equal to 20% of the appreciation in the NAV per share during that calculation period above the base NAV of such share.