Fact sheet: BlackRock Cont Eurpn Inc

Fund information
Fund name
BlackRock Continental European Income D Acc
Fund manager company
BlackRock
Fund type
Unit Trust
Fund managers
  • Andreas Zoellingersince 05/05/2011
  • Alice Gaskellsince 05/05/2011
Accolades
Fund objective
The aim of the BlackRock Continental European Income Fund (the “Fund”) is to achieve an above average income from its equity investments, compared to the income yield of European equity markets (excluding the UK), without sacrificing long-term capital growth. The Fund will invest primarily in the equity securities of companies domiciled in, or exercising the predominant part of their economic activity in Europe excluding the UK. The Fund may also invest in other transferable securities, permitted money-market instruments, permitted deposits, cash and near cash and units in collective investment schemes. Derivatives may be used for the purposes of efficient portfolio management.
Benchmark
  • FTSE Custom Developed Europe ex UK
Investment style
None
Investment method
Shares
Quick stats
1 Year return
4.7%
1 Year rank in sector
77/96
Sector
UT Europe Excluding UK
Yield
4.7%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.93%
Fund size
£1,363m (£1,108m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
106
Bid price
164.9
Offer price
165.4
Top in this sector
Fund name1 Year
Marlborough Eurpn Multi-Cap30.9%
Liontrust European Growth18.4%
Neptune European Opps18.4%
Aviva Inv Euro Equity MoM 217.8%
FP CRUX Eurpn Spl Sits15.5%
...more in UT Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Netherlands19.6%
    Germany14.8%
    France14.3%
    Switzerland11.8%
    Italy9.3%
  • Industrials24.5%
    Financials21.5%
    Consumer Goods14%
    Utilities9.4%
    Consumer Services9.3%
  • Dutch Equities19.6%
    German Equities14.8%
    French Equities14.3%
    Swiss Equities11.8%
    Italian Equities9.3%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-9.4%-6.9%-0.2%4.7%24.8%89%
Sector-6.3%-2.1%5.9%8.1%18.2%71.4%
Rank within sector101 / 10197 / 10095 / 9977 / 9616 / 8713 / 79
Quartile4th4th4th4th1st1st
Calendar performance
 YTD - 20162015201420132012
Fund3.1%13.6%4.4%30.8%19.1%
Sector7%9.1%-0.7%27.3%19.2%
Rank within sector84 / 9815 / 919 / 8712 / 8143 / 79
Quartile4th1st1st1st3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
2.72
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.91
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.48
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
10.57
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
4.11
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.51
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.86
Price movement
52 week high186.1
52 week low145.7
Current bid price164.9
Current offer price165.4
Current mid price-
Region
1Netherlands19.64%
2Germany14.77%
3France14.31%
4Switzerland11.76%
5Italy9.25%
6Spain6.47%
7Sweden5.8%
8Finland5.6%
9UK4.16%
Industry sector
1Industrials24.47%
2Financials21.46%
3Consumer Goods13.97%
4Utilities9.43%
5Consumer Services9.28%
6Telecommunications6.32%
7Basic Materials5.53%
8Oil & Gas3.49%
9Technology3.37%
Asset type
1Dutch Equities19.64%
2German Equities14.77%
3French Equities14.31%
4Swiss Equities11.76%
5Italian Equities9.25%
6Spanish Equities6.47%
7Swedish Equities5.8%
8Finnish Equities5.6%
9UK Equities4.16%
Individual holdings
1KONINKLIJKE KPN NV4.29%
2IMPERIAL BRANDS PLC4.16%
3ENEL SPA4.11%
4PROSIEBENSAT1 MEDIA SE4.06%
5AXA4.03%
6VINCI SA3.95%
7ZURICH INSURANCE GROUP LTD3.95%
8ANHEUSER-BUSCH INBEV SA/NV3.63%
9LEG IMMOBILIEN AG3.6%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock
Fund type
Unit Trust
Fund objective
The aim of the BlackRock Continental European Income Fund (the “Fund”) is to achieve an above average income from its equity investments, compared to the income yield of European equity markets (excluding the UK), without sacrificing long-term capital growth. The Fund will invest primarily in the equity securities of companies domiciled in, or exercising the predominant part of their economic activity in Europe excluding the UK. The Fund may also invest in other transferable securities, permitted money-market instruments, permitted deposits, cash and near cash and units in collective investment schemes. Derivatives may be used for the purposes of efficient portfolio management.
Benchmark
  • FTSE Custom Developed Europe ex UK
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Andreas Zoellinger05/05/2011Andreas Zoellinger, CFA, is the Director and assistant Portfolio Manager, is a member of BlackRock's European Equity Style Diversified Team. Andreas Zoellinger joined BlackRock following the merger with Merrill Lynch Investment Managers (MLIM) in 2006. Prior to joining MLIM in 2001 as an analyst with the European equity team, he was a trainee with a major German bank. Mr. Zoellinger earned a Diplom-Kaufmann degree in Business Administration from the University of Munich & the University of Edinburgh.
Alice Gaskell05/05/2011Alice Gaskell is the Managing Director and Portfolio Manager, is a member of BlackRock’s European Equity Style Diversified Team.Alice Gaskell joined BlackRock following the merger with Merrill Lynch Investment Managers (MLIM) in 2006. At MLIM, she was responsible for managing the MLIT Continental Europe Fund, the MLIIF Euro Markets Fund and a number of segregated Europe ex UK and Eurozone mandates.  Ms. Gaskell began her career with MLIM in 1994, and has managed European equity portfolios for institutional and retail clients since 1999.She earned a BA degree in Politics and Philosophy from Oxford University and is a member of the CFA Institute and an Associate of the UK Society of Investment Professionals (ASIP).
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Jersey
BlackRock Continental European Income A Acc
Initial charge5%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.83%
Bid price158.1
Offer price166.4
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNOU2
BlackRock Continental European Income A Hedged Acc
Initial charge5%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)-
Bid price96.92
Offer price102.1
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMDSP
BlackRock Continental European Income A Hedged Inc
Initial charge5%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)-
Bid price92.16
Offer price97.08
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMDSQ
BlackRock Continental European Income A Inc
Initial charge5%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.83%
Bid price124.8
Offer price131.4
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNOU1
BlackRock Continental European Income D Acc
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.93%
Total expense ratio (TER)1.1%
Bid price164.9
Offer price165.4
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNOU4
BlackRock Continental European Income D Hedged Acc
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)-
Bid price94.67
Offer price94.97
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMDSR
BlackRock Continental European Income D Hedged Inc
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)-
Bid price92.21
Offer price92.51
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMDSS
BlackRock Continental European Income D Inc
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.93%
Total expense ratio (TER)1.1%
Bid price129.9
Offer price130.2
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNOU3
BlackRock Continental European Income X Acc
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.02%
Total expense ratio (TER)-
Bid price105.8
Offer price106.1
Mid price-
CurrencyGBP
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE2LX
Data provided by

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