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Merrill UK Funds Receive Ratings Upgrade

Stephen Harris

18 October 2006

BlackRock Merrill Lynch Investment Managers has announced that the Merrill Lynch UK Dynamic and Merrill Lynch UK funds have been upgraded by fund ratings agency, Standard & Poor’s, to the highest possible rating, “AAA”. Both funds were previously rated "AA" by the agency and are both managed by Mark Lyttleton, who is a member of the BlackRock UK Equities team. Over the last 5 years, the ML UK Fund has returned 74.8 per cent, outperforming the fund’s benchmark, the FTSE All-Share Index, by 21.7 per cent. The ML UK Dynamic Fund returned 83 per cent over the same period, outperforming the FTSE All-Share Index by 29.9 per cent.