BlackRock Global Ascent Fund

The Fund employs a Long/Short investment strategy by gaining exposure to Global Ascent Ltd. (GA Fund), a US denominated fund managed by BlackRock and domiciled in the Cayman Islands. The US dollar exposure of the GA Fund is hedged back into Australian Dollars. The strategy focuses on three groups of investment insights - fundamental valuation, economic environment, and market sentiment.

Key stats

Management firm  BlackRock Australia
Domicile  Australia
Global Branding Name  BlackRock
Fund Status  OBSOLETE
Fund currency  AUD
Launch Date  2003-02-26
Obsolete Date  2014-07-21
ISIN  AU60BGL00488
Fund Strategy  Hedge Funds - Global
Benchmark  RBA Cash Rate Target
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Charges

Initial  0.00 %
Minimum Investment  $1,000,000
Exit charge  0.00 %

Contact

Contact Address  Level 18
Contact Address 2  120 Collins Street
Contact city  Melbourne
Contact country  Australia
Fund Admin Group  BlackRock Australia
Phone  +61 03 9657 3000

Price

Last Price Date  2014-05-31
Pre-tax nav  1.41
Pre-tax offer  1.42
Pre-tax bid  1.40
Price change  $0.02
Price change (percentage)  1.57 %

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