Blackrock UK Special Situations Pension PDF Factsheet
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Adventurous 31 August 2021 Pension Fund SW BlackRock UK Special Situations Pension (Series 1) Asset Allocation (as at 31/07/2021) This document is provided for the purpose of UK Equities 98.9% information only. This factsheet is intended for individuals who are familiar with investment Money Market 1.1% terminology. Please contact your financial adviser if you need an explanation of the terms used. This material should not be relied upon as sufficient information to support an investment decision. The portfolio data on this factsheet is updated on a quarterly basis. Fund Aim BlackRock describe their fund's aim as follows:The aim of the fund is to achieve long- term capital growth for investors. The fund invests primarily in the shares of companies Sector Breakdown (as at 31/07/2021) incorporated or listed in the UK and will Consumer Discretionary 25.9% normally have an emphasis on small or medium sized companies. The fund may also Industrials 23.8% invest in collective investment schemes. Small Financials 15.2% and medium sized companies are those whose Technology 7.1% market capitalisation is lower than that of Health Care 6.8% companies in the FTSE 100 Index at the time of the fund’s investment. Basic Materials 6.4% Energy 6.2% Basic Fund Information Other 3.8% Series 1 Unit Launch 21/04/2008 Consumer Staples 3.1% Date Telecommunications 1.8% Fund Size £45.6m Sector ABI UK All Companies Regional Breakdown (as at 31/07/2021) ISIN GB00B2PGFV23 MEX ID SWLSS1 SEDOL B2PGFV2 Manager Name Roland Arnold Manager Since 01/08/2012 Top Ten Holdings The composition of asset mix and asset allocation may change at any time and exclude cash (as at 31/07/2021) unless otherwise stated ASTRAZENECA PLC 4.0% ROYAL DUTCH SHELL PLC 3.7% RIO TINTO PLC 3.7% WATCHES OF SWITZERLAND 3.0% GROUP PLC BP PLC 2.5% IMPAX ASSET MANAGEMENT 2.1% GROUP PLC RECKITT BENCKISER GROUP PLC 2.0% OSB GROUP PLC 1.9% BREEDON GROUP PLC 1.9% GRAFTON GROUP PLC 1.8% TOTAL 26.6% Page 1 Past Performance Fund Rating Information 100% Overall Morningstar **** Rating Morningstar Analyst Rating 50% FE fundinfo Crown Rating The FE fundinfo Crown Rating relates to this 0% fund. However, the Morningstar ratings are based on the underlying fund. These are supplied by the respective independent ratings agencies and are the latest available at the Sep 16 Dec 17 Mar 19 Jun 20 Sep 21 time this factsheet was issued. Past 31/08/2016 - 31/08/2021 Powered by data from FE fundinfo performance is not a reliable indicator of future SW BlackRock UK Special Situations Pension Series 1 results. ABI UK All Companies Other Information Past performance is not a guide to future performance. Investment value and income from it may The views, opinions and forecasts expressed fall as well as rise, as a result of market and currency movements. You may not get back the in this document are those of the fund amount originally invested. manager. Investment markets and conditions can change rapidly and as such the views Discrete Performance expressed should not be taken as statement of 30/06/2020 - 30/06/2019 - 30/06/2018 - 30/06/2017 - 30/06/2016 - fact, nor should reliance be placed on these 30/06/2021 30/06/2020 30/06/2019 30/06/2018 30/06/2017 views when making investment decisions. SW BlackRock UK 29.7% -10.4% -1.4% 15.1% 29.0% Scottish Widows Special Situations 69 Morrison Street Pension (Series 1) Edinburgh EH3 1HL ABI UK All Companies 24.4% -12.2% -2.7% 7.3% 21.3% Not all products have access to this fund, Information is shown as unavailable if prior to the launch of fund. please refer to the relevant product literature. Full terms and conditions are available on Cumulative Performance request from us using the contact details 31/07/2021 - 31/05/2021 - 31/08/2020 - 31/08/2018 - 31/08/2016 - provided. Charges, terms and the selection of 31/08/2021 31/08/2021 31/08/2021 31/08/2021 31/08/2021 funds we make available may change. Information on the general and specific risks SW BlackRock UK 4.2% 6.1% 36.9% 22.1% 63.3% associated with investing in this fund is Special Situations available in the relevant fund guide, or KIID Pension (Series 1) where applicable. We may change the ABI UK All Companies 3.0% 4.1% 29.1% 11.1% 31.4% investment approach rating for the fund. All information is sourced from Scottish Widows or Quartile 1 1 1 1 1 the relevant fund management group unless otherwise stated. Source: FE fundinfo as at 31/08/2021 Performance figures are in £ Sterling on a single pricing basis, with income (where applicable) reinvested net of UK tax and net of total annual fund charges. These figures do not include any initial charge or other product charge(s) that may be applicable. Quarterly Fund Manager Review Performance of the UK Special Situations Fund was flat during the month, returning 0.0%, its benchmark, the IA UK All Companies Sector fell -0.2%. FTSE 250 listed asset manager Liontrust, saw its shares reach an all time high after it reported that profit before tax more than doubled year on year. The company has seen strong inflows, helped by the tailwind behind ESG strategies, a trend that looks well set to continue over the coming years. Oxford instruments reported very strong results, helped by the company’s agility enabling them to react to Covid-related disruption and their market leading position within a broad range of diverse end markets. Positioning away from Financials, HSBC and Prudential was beneficial to performance, as was our holding in luxury watch retailer, Watches of Switzerland. At a sector level, our underweight positioning in miners was beneficial, however our holding in Central Asia metals was the largest single detractor to performance. Shares in bootmaker Dr Martens, which listed earlier this year fell in response to the firm’s maiden results as a listed company. Despite robust sales performance during the period, the shares were weak which we would attribute to the market’s disappointment at the lack of upgrades to forward guidance. During the month we purchased a new holding in Electrocomponents and added to Auction Technology Group and Intermediate capital. These purchases were funded through reducing Dr Martens, Savills and Barclays. Roland Arnold 30/06/2021 The views, opinions and forecasts expressed in this document are those of the fund management house. Investment markets and conditions can change rapidly and as such the views expressed should not be taken as statements of fact, nor should reliance be placed on these views when making investment decisions. Scottish Widows Limited. Registered in England and Wales No. 3196171. Registered Office in the United Kingdom at 25 Gresham Street, London EC2V 7HN. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Financial Services Register number 181655. Page 2.