The BlackRock Resources Model Portfolio aims to track the performance of the top 25 stocks, ranked by their weight in their respective sector, when the Energy and Materials sectors of the S&P/ASX 200 Index are combined.
Designed for investors who...
Seek exposure to energy and material sectors of the ASX;
Are happy to receive market returns; and
Accept the risk of significant price fluctuations.
Offer Overview
Offer
BlackRock Resources
Minimum Investment
$5,000
Blackrock Administration Fee
0.6%p.a. up to $500,000*
InvestSMART Administration Fee
0.4%p.a.
Disclosure... There are no entry fees or trailing commissions on this product.
The investment objective of the BlackRock Resources Model Portfolio is pursued by investing in a basket of securities listed on the ASX whose businesses are predominantly involved with the following activities: the construction or provision of oil rigs, drilling equipment and/or transportation of oil and gas products, coal and other consumable fuels and other energy related service and equipment, including seismic data collection; or, companies engaged in the exploration, production, marketing and refining.
The Model Portfolio will also invest in companies that manufacture chemicals, construction materials, glass, paper, forest products and related packaging products, and metals, minerals and mining companies, including producers of steel.
Performance to 31/12/2012
Period
Model
Benchmark^
Value Added
3 Months
3.95%
5.83%
-1.88%
6 Months
9.91%
15.31%
-5.40%
1 Year
3.54%
20.26%
-16.72%
2 Years (%pa)
-9.02%
3.72%
-12.74%
3 Years (%pa)
-4.02%
3.00%
-7.02%
Since Inception (%pa) [22/02/2007]
2.52%
0.28%
2.24%
^Benchmark: ASX200 Top 25 Resources Accumulation Index
Fees
Fees applicable to this Model are set out in further detail on page 23 of the Product Disclosure Statement. The Model Portfolio Manager does not charge a Performance Fee for this Model.
* The Blackrock Administration fee is a tiered stucture which reduces based on the size of the portfolio. Please see page 23 of the Product Disclosure Statement for more information.
InvestSMART makes no recommendations as to the merits of any investment opportunity referred to on this website. Before making any investment decision on the basis of any reports or information provided you must read the disclosure document and make your own investigations regarding the accuracy, reliability and completeness of this information.
The Age 22/05/2013 |
A piece of broker research came out last week that described the budget as a sensible one but an almost suicidal one for a government four months out from an election. Instead of trying to buy votes, it seemed intent instead on putting as many noses out of joint as it possibly could.
The Age 22/05/2013 |
In last week's budget, the government missed what will probably be its last opportunity to make the superannuation system fairer and more sustainable. While the government made some tough decisions, such as reneging on promised tax cuts, one of the fastest-growing expenses is the tax concessions for superannuation.
The Age 22/05/2013 |
At a time when international central banks are printing money in massive amounts and governments, Australia included, are borrowing heavily, one could expect to see gold in demand as investors fear currency debasement. But the opposite has happened, with the gold price falling for most of this year. The fall has become particularly dramatic in the past few weeks.
