The fund(s) listed in this section are separate stand-alone funds that do not form part of other BlackRock product ranges.
Direct Real Estate Fund (Aust) (Class A+B)
- The primary aim of the Fund is to provide investors with exposure to a diversified portfolio of direct and unlisted property investments. The direct properties held are quality investment properties which are selectively acquired to provide a blend of income and capital growth.
- We aim to achieve this objective and outperform the Mercer Unlisted Property Funds Index (before fees and taxes) over rolling five year periods. However neither income nor your investment is guaranteed.
Risk* – moderate volatility may be experienced.
| As at 28 April 2008 | |
|---|---|
| Launch date | May 2007 |
| Minimum initial investment | $5,000 |
| Minimum subsequent investment | No Limit |
| Income distributions | March, June, September, December |
| Contribution fee (applies to A units only)** | Up to 4%^ |
| Withdrawal fee (applies to B units only) | Up to 2%^ |
| Buy-sell spread on entry only | 2.75% |
| Management fee^^ | A units: 2.1%^ B units: 2.6%^ |
| Adviser Service Commission (inc GST)# | 1.10% |
* See pages 8 - 9 of the BlackRock Direct Real Estate Fund Product Disclosure Statement for further discussion on the risks associated with investing in this Fund.
** This fee is deducted as a percentage of the amount you invest. If a licensed financial adviser is assisting you, this fee may be paid to your financial adviser as commission. This amount is negotiable with your adviser. If you do not use a financial adviser the Contribution fee will still be payable.
^ Two different fee payment options are available. See page 10 of the BlackRock Direct Real Estate Fund Product Disclosure Statement for further information.
^^ The Management fee is the estimated cost to the fund of the GST inclusive management fee taking into account reduced input tax credits in respect of the GST component of the fee.
# This fee is paid to your investment adviser at the end of each month out of the management fee. It is not an additional fee charged. The commission is based on the value of your retained investment in the Fund.
Monthly Income Fund (Class R)
- The Monthly Income Fund (Class R) is suitable for investors seeking a consistent monthly income in excess of that available from short term money market securities.
- The Fund seeks to generate a monthly income significantly in excess of that available from short-term money market securities and cash rates. The Fund aims to achieve a total return of 1.70% p.a. in excess of the UBS Australia Bank Bill Index before fees over the medium term (3 years).
Risk* – Low volatility may be experienced.
Download Product Disclosure Statement
| As at 28 April 2008 | |
|---|---|
| Launch date | September 2004 |
| Minimum initial investment | $5,000 |
| Minimum subsequent investment | No Limit |
| Income distributions | Monthly |
| Contribution fee | Nil |
| Withdrawal fee | Nil |
| Buy-sell spread on exit only | 0.20% |
| Management fee^ | 0.55% |
* See pages 6 & 7 of the BlackRock Monthly Income Fund (Class R) Product Disclosure Statement for further discussion on the risks associated with investing in this Fund.
^ The Management fee is the estimated cost to the fund of the GST inclusive management fee taking into account reduced input tax credits in respect of the GST component of the fee.
For further information, please refer to the BlackRock Monthly Income Fund (Class R) Product Disclosure Statement.
Indexed Australian Listed Property Fund
- This fund is suitable for investors seeking low-cost exposure to the Australian listed property market. The fund aims to match the performance of the S&P/ASX 300 Property Trusts Accumulation Index, before fees.
- The minimum direct investment into this fund is $500,000. This fund is also available through various master trusts for investments under $500,000.
Risk* – Low volatility may be experienced.
Download Product Disclosure Statement
| As at 01 October 2011 | |
|---|---|
| Launch date | July 2001 |
| Minimum initial investment | $500,000 |
| Minimum subsequent investment | No Limit |
| Income distributions | Quarterly |
| Contribution fee | Nil |
| Withdrawal fee | Nil |
| Buy-sell spread | 0.25%/0.25% |
| Management fee^ | 0.20% |
* See page 2 of the BlackRock Indexed Australian Listed Property Fund Product Disclosure Statement for further discussion on the risks associated with investing in this Fund.
^ Current management fees are inclusive of GST less reduced input tax credits, please refer to the BlackRock Indexed Australian Listed Property Fund Product Disclosure Statement.
Indexed Australian Bond Fund
- This fund is suitable for investors seeking low-cost exposure to the Australian fixed interest market. The fund aims to match the performance of the UBS Composite Bond All Maturities Index, before fees.
- The minimum direct investment into this fund is $500,000. This fund is also available through various master trusts for investments under $500,000.
Risk* – Low volatility may be experienced.
Download Product Disclosure Statement
| As at 01 October 2011 | |
|---|---|
| Launch date | November 2001 |
| Minimum initial investment | $500,000 |
| Minimum subsequent investment | No Limit |
| Income distributions | Quarterly |
| Contribution fee | Nil |
| Withdrawal fee | Nil |
| Buy-sell spread | 0.05%/0.08% |
| Management fee^ | 0.20% |
* See page 2 of the BlackRock Indexed Australian Bond Fund Product Disclosure Statement for further discussion on the risks associated with investing in this Fund.
^ Current management fees are inclusive of GST less reduced input tax credits.,
For further information, please refer to the BlackRock Indexed Australian Bond Fund Product Disclosure Statement.
Indexed Australian Equity Fund
- This fund is suitable for investors seeking low-cost exposure to the Australian equity market. The fund aims to match the performance of the S&P/ASX 300 Accumulation Index, before fees.
- The minimum direct investment into this fund is $500,000. This fund is also available through various master trusts for investments under $500,000.
Risk* – Low volatility may be experienced.
Download Product Disclosure Statement
| As at 01 October 2011 | |
|---|---|
| Launch date | October 1998 |
| Minimum initial investment | $500,000 |
| Minimum subsequent investment | No Limit |
| Income distributions | Quarterly |
| Contribution fee | Nil |
| Withdrawal fee | Nil |
| Buy-sell spread | 0.12%/0.12% |
| Management fee^ | 0.20% |
* See pages 2 & 3 of the BlackRock Indexed Australian Equity Fund Product Disclosure Statement for further discussion on the risks associated with investing in this Fund.
^ Current management fees are inclusive of GST less reduced input tax credits..
For further information, please refer to the BlackRock Indexed Australian Equity Fund Product Disclosure Statement.
Scientific Australian Equity Fund
- This fund aims to achieve superior investment performance through providing returns, before fees, that exceed those of the S&P/ASX 300 Accumulation Index over rolling 3-year periods, while maintaining a similar level of investment risk to the index.
- The minimum direct investment into this fund is $500,000. This fund is also available through various master trusts for investments under $500,000.
Risk* – Low volatility may be experienced.
Download Product Disclosure Statement
Risk Management Statement Part A
Management Fee History
Fund Financial Statement
| As at 01 December 2009 | |
|---|---|
| Launch date | December 1996 |
| Minimum initial investment | $500,000 |
| Minimum subsequent investment | No Limit |
| Income distributions | Quarterly |
| Contribution fee | Nil |
| Withdrawal fee | Nil |
| Buy-sell spread on exit only | 0.30% for both apps & reds |
| Management fee^ | 0.79% |
* See page 3 of the BlackRock Scientific Australian Equity Fund Product Disclosure Statement for further discussion on the risks associated with investing in this Fund.
^ Current management fees are inclusive of GST less reduced input tax credits.
For further information, please refer to the BlackRock Scientific Australian Equity Fund Product Disclosure Statement.
Scientific Diversified Growth Fund
- This fund aims to achieve superior investment performance through providing returns, before fees, that exceed those of the neutral portfolio benchmark over rolling 3-year periods. The neutral portfolio benchmark comprises a portfolio of published indices, 30% of which represent interest bearing assets and 70% of which represent growth assets.
- The minimum direct investment into this fund is $500,000. This fund is also available through various master trusts for investments under $500,000.
Risk* – Low volatility may be experienced.
Download Product Disclosure Statement
Risk Management Statement Part A
Management Fee History
Fund Financial Statement
| As at 01 December 2009 | |
|---|---|
| Launch date | December 1996 |
| Minimum initial investment | $500,000 |
| Minimum subsequent investment | No Limit |
| Income distributions | Quarterly |
| Contribution fee | Nil |
| Withdrawal fee | Nil |
| Buy-sell spread on exit only | 0.25% for both apps & reds |
| Management fee^ | 0.79% |
* See pages 3 & 4 of the BlackRock Scientific Diversified Growth Fund Product Disclosure Statement for further discussion on the risks associated with investing in this Fund.
^ Current management fees are inclusive of GST less reduced input tax credits.
For further information, please refer to the BlackRock Scientific Diversified Growth Fund Product Disclosure Statement.
Scientific Diversified Stable Fund
- This fund aims to achieve superior investment performance through providing returns, before fees, that exceed those of the neutral portfolio benchmark over rolling 3-year periods. The neutral portfolio benchmark comprises a portfolio of published indices, 70% of which represent interest bearing assets and 30% of which represent growth assets.
- The minimum direct investment into this fund is $500,000. This fund is also available through various master trusts for investments under $500,000.
Risk* – Low volatility may be experienced.
Download Product Disclosure Statement
Risk Management Statement Part A
Management Fee History
Fund Financial Statement
| As at 01 December 2009 | |
|---|---|
| Launch date | December 1996 |
| Minimum initial investment | $500,000 |
| Minimum subsequent investment | No Limit |
| Income distributions | Quarterly |
| Contribution fee | Nil |
| Withdrawal fee | Nil |
| Buy-sell spread on exit only | 0.20% for both apps & reds |
| Management fee^ | 0.69% |
* See pages 3 & 4 of the BlackRock Scientific Diversified Stable Fund Product Disclosure Statement for further discussion on the risks associated with investing in this Fund.
^ Current management fees are inclusive of GST less reduced input tax credits.
For further information, please refer to the BlackRock Scientific Diversified Stable Fund Product Disclosure Statement.
Scientific Global Markets Fund
- This fund aims to achieve a return of 7% p.a. (net of fees) above the RBA Cash Rate Target over rolling 3-year periods. In order to achieve its expected return objective, we expect the Fund to incur a total risk of about 8% p.a. over a rolling 3-year period.
Risk* – Low volatility may be experienced.
Download Product Disclosure Statement
Risk Management Statement Part A
Management Fee History
Fund Financial Statement
| As at 01 December 2009 | |
|---|---|
| Launch date | April 2004 |
| Minimum initial investment | $500,000 |
| Minimum subsequent investment | No Limit |
| Income distributions | Annual |
| Contribution fee | Nil |
| Withdrawal fee | Nil |
| Buy-sell spread on exit only | 0.25% for both apps & reds |
| Management fee^ | 1.025% |
* See pages 3 & 4 of the BlackRock Scientific Global Markets Fund Product Disclosure Statement for further discussion on the risks associated with investing in this Fund.
^ Current management fees are inclusive of GST less reduced input tax credits.
For further information, please refer to the BlackRock Scientific Global Markets Fund Product Disclosure Statement.
Indexed Hedged International Equity Fund
- This Fund aims to provide investors with the performance of the market, before fees, and the cost of hedging, as measured by the return of the MSCI World ex Australia Index (hedged in Australian dollars with net dividends reinvested).
- The minimum direct investment into this fund is $500,000. This fund is also available through various master trusts for investments under $500,000.
Risk* – Low volatility may be experienced.
Download Product Disclosure Statement
| As at 01 October 2011 | |
|---|---|
| Launch date | April 2001 |
| Minimum initial investment | $500,000 |
| Minimum subsequent investment | No Limit |
| Income distributions | Annual |
| Contribution fee | Nil |
| Withdrawal fee | Nil |
| Buy-sell spread | 0.25%/0.25% |
| Management fee^ | 0.20% |
* See page 3 of the BlackRock Indexed Hedged International Equity Fund Product Disclosure Statement for further discussion on the risks associated with investing in this Fund.
^ Current management fees are inclusive of GST less reduced input tax credits.
For further information, please refer to the BlackRock Indexed Hedged International Equity Fund Product Disclosure Statement.
Indexed International Equity Fund
- This fund is suitable for investors seeking low-cost exposure to international equity markets. The fund aims to match the performance of the MSCI World ex Australia Index (unhedged in Australian dollars with net dividends reinvested), before fees.
- The minimum direct investment into this fund is $500,000. This fund is also available through various master trusts for investments under $500,000 .
Risk* – Low volatility may be experienced.
Download Product Disclosure Statement
| As at 01 October 2011 | |
|---|---|
| Launch date | December 2001 |
| Minimum initial investment | $500,000 |
| Minimum subsequent investment | No Limit |
| Income distributions | Annual |
| Contribution fee | Nil |
| Withdrawal fee | Nil |
| Buy-sell spread | 0.25%/0.25% |
| Management fee^ | 0.20% |
* See page 2 of the BlackRock Indexed International Equity Fund Product Disclosure Statement for further discussion on the risks associated with investing in this Fund.
^ Current management fees are inclusive of GST less reduced input tax credits.
For further information, please refer to the BlackRock Indexed International Equity Fund Product Disclosure Statement.
Scientific Hedged International Equity Fund
- This fund aims to achieve superior investment performance through providing returns, before fees, that exceed those of the MSCI World ex Australia Index (hedged in Australian dollars with net dividends reinvested), over rolling 3-year periods, while maintaining a similar level of investment risk to the Index.
- The minimum direct investment into this fund is $500,000. This fund is also available through various master trusts for investments under $500,000.
Risk* – Low volatility may be experienced.
Download Product Disclosure Statement
Derivatives Risk Statement Part A
Management Fee History
Fund Financial Statement
| As at 01 December 2009 | |
|---|---|
| Launch date | April 2003 |
| Minimum initial investment | $500,000 |
| Minimum subsequent investment | No Limit |
| Income distributions | Semi-Annual |
| Contribution fee | Nil |
| Withdrawal fee | Nil |
| Buy-sell spread on exit only | 0.25% for daily apps & reds 0.20% for month-end apps & reds |
| Management fee^ | 0.94% |
* See page 3 of the BlackRock Scientific Hedged International Equity Fund Product Disclosure Statement for further discussion on the risks associated with investing in this Fund.
^ Current management fees are inclusive of GST less reduced input tax credits.
For further information, please refer to the BlackRock Scientific Hedged International Equity Fund Product Disclosure Statement.
Scientific International Equity Fund
- This fund aims to achieve superior investment performance through providing returns, before fees, that exceed those of the MSCI World ex Australia Index (unhedged in Australian dollars with net dividends reinvested) over rolling 3-year periods, while maintaining a similar level of investment risk to the Index.
- The minimum direct investment into this fund is $500,000. This fund is also available through various master trusts for investments under $500,000.
Risk* – Low volatility may be experienced.
Download Product Disclosure Statement
Derivatives Risk Statement Part A
Management Fee History
Fund Financial Statement
| As at 01 December 2009 | |
|---|---|
| Launch date | December 1997 |
| Minimum initial investment | $500,000 |
| Minimum subsequent investment | No Limit |
| Income distributions | Semi-annual |
| Contribution fee | Nil |
| Withdrawal fee | Nil |
| Buy-sell spread on exit only | 0.25% for daily apps & reds 0.20% for month-end apps & reds |
| Management fee^ | 0.89% |
* See page 3 of the BlackRock Scientific International Equity Fund Product Disclosure Statement for further discussion on the risks associated with investing in this Fund.
^ Current management fees are inclusive of GST less reduced input tax credits.
For further information, please refer to the BlackRock Scientific International Equity Fund Product Disclosure Statement.