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Black rock consensus 85

Could someone explain the different versions, please? There seems to be four versions A, D, I and X.

I want an accumulation version.

Thanks.

Comments

  • ColdIron
    ColdIron Posts: 9,954 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    They are different classes of the same fund with different fees. Your platform will usually only offer only one of them and it can be either Acc or Inc, up to you
  • dampsquib
    dampsquib Posts: 179 Forumite
    This article should help (there's a key at the end) .... though as it explains, not all the letters are standardized across the industry.


    http://www.thisismoney.co.uk/money/diyinvesting/article-2594308/How-decode-confusing-investment-fund-names.html
  • Malthusian
    Malthusian Posts: 11,055 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    A is the one you would buy if you bought the fund from BlackRock direct; it includes an allowance for the cost of administering your account. D and I are the ones you would get from fund platforms; it has a lower annual charge because the platform will charge you separately for administering the account.

    X apparently has no management charges and a minimum investment of £10,000,000, and I assume it is for very large institutional investors who will negotiate their own charges with BlackRock.
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