BlackRock’s Concentrated Industrial Share Fund awarded ‘Recommended’ rating by Zenith and has been added to BTFG platforms 

Australian Unity fund acquires property in Port Adelaide
July 13, 2016
Political risk affects how assets are held
July 14, 2016

BlackRock Concentrated Industrial Share Fund has been awarded a Recommended rating by Zenith Investment Partners and was added to the BT Wrap and Asgard eWrap platforms on 8 July 2016.

The Fund aims to outperform the S&P/ASX 300 Industrials Accumulation Index – excluding the top five stocks by market capitalisation – by between 4% to 6% a year before fees over rolling three-year periods.

The rating news suggests Zenith views the Fund as a strong investment within its asset class and included the fact it is managed by BlackRock’s Sydney-based Australian Fundamental Active Equity (FAE) team. This is led by Charlie Lanchester, who holds more than 22 years’ investment management experience.

Zenith said: “Although the team and strategy is relatively new for BlackRock, Zenith believes the Fund is managed by an experienced investment team utilising a well-established investment process. Zenith holds a positive view on BlackRock’s portfolio construction process, as we believe it is structured to ensure a close connection between analyst research and the final portfolio.”

Lanchester said: “The team employs a fundamentals-driven, bottom-up research methodology to identify investment opportunities in domestically-listed industrial securities. We follow a disciplined investment process with high-conviction ideas, concentrating on 20-40 stocks.”

Iris Davila, a Director of BlackRock’s Wealth Advisory business, said: “The Zenith rating, coupled with the BT Wrap and Asgard eWrap exposure, will provide a good number of advisers with early access to a new Australian equity offering.”

-oOo-

About BlackRock

BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. At March 31, 2016, BlackRock’s AUM was $4.737 trillion. BlackRock helps clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares® (exchange-traded funds), and other pooled investment vehicles. BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®. As of March 31, 2016, the firm had approximately 13,000 employees in more than 30 countries and a major presence in global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa. For additional information, please visit the Company’s website at www.blackrock.com

For more information, please contact:

Deb Johnson
03 9657 3149

 

Important Information

This document has been produced by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975 AFSL 230 523 (BIMAL).
This document provides general information only and has not been prepared having regard to your objectives, financial situation or needs. Before making an investment decision, you need to consider whether this information is appropriate to your objectives, financial situation and needs. Any potential investor should consider the latest disclosure document or PDS in deciding whether to acquire, or to continue to hold, an investment in any BlackRock fund. This document is not a securities recommendation nor is it an offer or solicitation with respect to the purchase or sale of any securities in any jurisdiction.
BIMAL is the Responsible Entity and issuer of the Australian domiciled managed investment scheme iShares funds quoted on ASX.

BIMAL is the local agent and intermediary for iShares funds issued by iShares, Inc. ARBN 125632 279 formed in Maryland, USA; iShares Trust ARBN 125 632 411 organised in Delaware, USA. The liability of shareholders is limited). BlackRock Fund Advisors (BFA) serves as an advisor to the iShares funds that are registered with the United States Securities and Exchange Commission under the Investment Company Act of 1940. BFA is a subsidiary of BlackRock Institutional Trust Company, N.A (BTC). BTC is a wholly-owned subsidiary of BlackRock, Trades on ASX in the shares of an international iShares fund are settled using CHESS Depositary Interests (or CDIs).

An iShares fund is not sponsored, endorsed, issued, sold or promoted by the provider of the index which a particular iShares fund seeks to track. No index provider makes any representation regarding the advisability of investing in the iShares funds.  Further information on the index providers can be found on BIMAL’s website at www.blackrock.com.au.

BIMAL, its officers, employees and agents believe that the information in this document and the sources on which the information is based (which may be sourced from third parties) are correct as at the date of publication. While every care has been taken in the preparation of this document, no warranty of accuracy or reliability is given and no responsibility for this information is accepted by BIMAL, its officers, employees or agents. Except where contrary to law, BIMAL excludes all liability for this information.

Any investment is subject to investment risk, including delays on the payment of withdrawal proceeds and the loss of income or the principal invested. While any forecasts, estimates and opinions in this document are made on a reasonable basis, actual future results and operations may differ materially from the forecasts, estimates and opinions set out in this document. BIMAL does not guarantee the repayment of capital or the performance of any product or rate of return referred to in this document. Past performance is not a reliable indicator of future performance.

© 2016 BlackRock, Inc.  All Rights reserved. BLACKROCK, BLACKROCK SOLUTIONS, iSHARES, BUILD ON BLACKROCK, SO WHAT DO I DO WITH MY MONEY and the stylised i logo are registered and unregistered trademarks of BlackRock, Inc. or its subsidiaries in the United States and elsewhere. All other trademarks are those of their respective owners.

Disclaimer

The Zenith Investment Partners (“Zenith”) Australian Financial Services License No. 226872 rating (assigned July 2016) referred to in this document is limited to “General Advice” (as defined by the Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Zenith usually charges the product issuer, fund manager or a related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessment’s and at http://www.zenithpartners.com.au/RegulatoryGuidelines.