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MAMG
+0.25 · +3.80%
£6.87 · LSE
BlackRock ESG Multi-Asset Moderate Portfolio UCITS ETF GBP Hedged (Acc) | GBP Allocation 40-60% Equity
BlackRock Asset Management Ireland - ETF · Ireland
AUM:£9.7M
#– of – in GBP Allocation 40-60% Equity ETFs
ℹ️
Reward Rating
49
Moderate
9.70% 1Y return
ℹ️
Risk Rating
57
Elevated
Risk Assessment
ℹ️

Educational tool only – Scores are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

📈 Up 9.7% over the past year, showing positive momentum.

Cost Efficiency

💰 Ongoing charge of 0.25% — competitive for the exposure provided.

What is MAMG?

BlackRock ESG Multi-Asset Moderate Portfolio UCITS ETF GBP Hedged (Acc) tracks Morningstar UK Mod Tgt Alloc NR GBP, providing diversified exposure across 20 holdings. Its ongoing charge is 0.25%.

Performance Highlights

Investment Breakdown

Positive 1-Year Return
MAMG returned 9.7% over the past year. Historical returns only — past performance is not indicative of future results.
Competitive Ongoing Charge
Ongoing charge of 0.25% — reasonable for the index exposure provided.
Concentrated Holdings
Top 10 holdings account for 84.6% of the ETF — significant weight in a small number of names.

Openbook Analysis

Performance: Moderate (49)

The scoring profile reflects subdued historical performance over the measured period. The ongoing charge of 0.25% is reasonable for this exposure. Risk indicators are elevated — volatility warrants consideration (historical).

For informational and educational purposes only. Not financial advice. Past performance is not indicative of future results.

ETF Information
AUM£9.7M
Ongoing Charge0.25%
Dividend Yield0.00%
Holdings20
Inception DateSept 2020
DomicileIreland
Distribution–
IndexMorningstar UK Mod Tgt Alloc NR GBP
ProviderBlackRock Asset Management Ireland - ETF
Beta1.08
CategoryGBP Allocation 40-60% Equity
CurrencyGBP
Portfolio Impact

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6168
+7 points · better diversified
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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+7.9%
1Y
+16.7%
3Y
+38.9%
5Y
+31.5%
OpenBook InsightIf you had invested £10,000 in MAMG 5 years ago, it would have grown to £13,153 — a gain of £3,153.

Annual Returns

Calendar year performance

MAMG delivered positive returns in 4 of the last 5 calendar years.
YearMAMG
2026 YTD+7.5%
2025+9.0%
2024+11.9%
2023+9.5%
2022-14.7%
CAGR 4yr+3.3%
4/5 positive yearsAvg return: +4.6%Worst year: -14.7% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: POSITIVE
Trend Strength
100%
Positive
Volatility
9.0%
Low
Momentum
+5.1%
30-day change
Support Level
7.03
Key floor
Key Insights
  • Price is currently trading above all key moving averages.
  • Low volatility environment with a narrower recent trading range.
  • Monitor key support and resistance levels as part of broader risk assessment.

Reward Rating Breakdown

Our reward rating analyses MAMG's attractiveness using 4 weighted factors. Each factor is scored 0-100, then combined using the weights shown below. Past performance does not guarantee future results.

Overall Reward Rating
49
Moderate REWARD
Data Coverage: %
Factor Framework
Performance
Has the ETF delivered strong historical returns versus similar ETFs?
Cost Efficiency
Is the ETF cheap to own over long periods?
Income
Does it provide attractive and consistent distributions?
Diversification Quality
Does it spread exposure across holdings, sectors, and regions?

📈 Performance

Weight: 30%
49/100

Has the ETF delivered strong historical returns versus similar ETFs? Combines 1/3/5/10-year returns with the Sharpe ratio (risk-adjusted return).

1Y Return
9.70%
Neutral
3Y Return
10.33%
Good
5Y Return
5.39%
Neutral
10Y Return
0.00%
Weak
Sharpe Ratio
—
No Data

Moderate performance profile: 1-year return of 9.70%, 3-year annualised 10.33%, 5-year annualised 5.39%. Past performance is not indicative of future results.

💰 Cost Efficiency

Weight: 30%
80/100

Is the ETF cheap to own over long periods? Low ongoing charges compound into meaningful additional returns over a 10-year horizon.

Ongoing Charge
0.25%
Neutral
Net Expense Ratio
0.00%
Very Good
Annual Turnover
0.00%
Very Good
Tracking Difference
—
No Data

Low-cost and efficient structure: ongoing charge of 0.25%, net expense ratio of 0.00%, annual turnover of 0.0%.

💵 Income

Weight: 15%
15/100

Does the ETF provide attractive and consistent distributions? Combines the current yield with distribution frequency.

Distribution Yield
0.00%
Very Weak
Distribution Frequency
—
No Data

Low-income profile — better suited as a growth holding: distribution yield of 0.00%.

🌐 Diversification Quality

Weight: 25%
33/100

Does the ETF spread exposure across many holdings, sectors, and regions? Concentrated funds can be doing exactly what they're meant to do — treat the score as context, not a verdict.

Holdings
20
Very Weak
Top 10 Concentration
84.60%
Very Weak
Top Sector
Technology29.8%
Neutral
Top Region
North America66.8%
Neutral

Heavily concentrated — returns will be driven by a narrow slice of the market: 20 holdings, top 10 at 84.6%, Technology sector at 29.8%, North America at 66.8%.

Scores are derived from fund-provider disclosures and historical data. For informational and educational purposes only — not investment advice. Past performance is not indicative of future results.

Risk Rating Breakdown

Our risk rating analyses MAMG using 4 weighted factors. A higher score indicates higher risk. This is a framework for understanding exposure — concentrated funds can still be doing exactly what they're meant to do.

Overall Risk Rating
57
Elevated RISK
Data Coverage: 83%
Factor Framework
Holdings Concentration
How much of the fund sits in its largest positions? Few dominant names mean returns ride on those companies.
Market Exposure
Geographic, sector and cyclical dependencies. High single-country or single-sector weight increases macro sensitivity.
Volatility
Historical price movement, beta and drawdowns — how sharply the fund moves relative to the market.
Income Reliability
How dependable the distribution yield is — cyclical-sector dependency and unusually high yields can flag payout risk.

🎯 Holdings Concentration

Weight: 25%
76/100

How much of the fund sits in a small number of positions? If the top holdings dominate, returns will be driven by those specific companies rather than the broader index.

Top 10 Weight
84.60%
High Risk
Largest Holding
18.42%
High Risk
Number of Holdings
20
High Risk
HHI (weight²)
911
Lower Risk

Holdings-level concentration is high: top 10 holdings at 84.6%, largest single position at 18.42%, 20 total holdings.

🌍 Market Exposure

Weight: 25%
64/100

How dependent is the fund on a single country, sector or economic cycle? Heavy exposure to one market means a single macro event can drive most of the return.

Top Region
North America66.8%
Moderate
Top Sector
Technology29.8%
Moderate
Top 2 Sectors
46.01%
Moderate
Cyclical Sectors
34.49%
Moderate

Notable regional or sector dependency: North America at 66.8%, Technology sector at 29.8%, 34.5% in cyclical sectors.

📊 Volatility

Weight: 35%
38/100

How sharply does the fund move day-to-day and how deep have its drawdowns been? High volatility means wider return outcomes over short horizons.

1Y Volatility
5.74%
Low Risk
Beta
1.08
Moderate
Max Drawdown
—
No Data

Moderate volatility in line with broad market: 1Y volatility of 5.74%, beta of 1.08 (historical).

💵 Income Reliability

Weight: 15%
Not applicable

This is an accumulating ETF. Distributions are reinvested inside the fund, so there's no dividend-reliability risk to assess. The 15% income weight is redistributed to the other three factors.

Scores are derived from fund-provider disclosures and historical data. For informational and educational purposes only — not investment advice. Risk scoring is model-based and past data does not guarantee future results.
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