BlackRock announces new MyMap income fund

New select income fund extends MyMap range

BlackRock has announced the launch of its MyMap 4 Select Income Fund, further extending the MyMap range.

The new actively managed portfolio seeks to provide a return on investment through both capital growth and income. The composition of the fund is 35% stocks and 65% bonds, with a volatility target of 6-9% over a five-year rolling period. The ongoing charges figure (OCF) is 0.28%. BlackRock launches world ESG insights equity fund BlackRock said its MayMap range, which launched two years ago, has surpassed $791m in AUM, delivering an average return across of five funds of 13% year to date and 26% since launch. The funds are built using BlackRock's iShares ETFs and index funds and are ...