Fact sheet: BlackRock Emg Eur Plc

Fund information
Fund name
BlackRock Emerging Europe Plc
Fund manager company
BlackRock Investment Managemen
Fund type
Investment Trust
Fund managers
  • Chris Colungasince 29/03/2016
  • Sam Vechtsince 30/04/2009
Fund objective
To achieve long term capital growth by investing in companies that do business in Easter Europe, Russia and other states of the former Soviet Union, and Turkey.
Benchmark
  • MSCI EM Europe 10/40
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
32.2%
1 Year rank in sector
2/2
Sector
IT European Emerging Markets
Yield
-
Fund size
£99m
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.
155
Mid price
276
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
309.98
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-11.24
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
100
Top in this sector
Fund name1 Year
Baring Emerging Europe PLC33.8%
BlackRock Emg Eur Plc32.2%
...more in IT European Emerging Markets

Performance snapshot

Holdings snapshot

  • Russia49.5%
    Turkey22.5%
    Poland10.8%
    Ukraine8.3%
    Greece7.4%
  • Financials43.6%
    Energy25.7%
    Basic Materials8.7%
    Consumer Staples7.1%
    Information Technology5.9%
  • Russian Equities49.5%
    Turkish Equities22.5%
    Polish Equities10.8%
    European Emerging Equities10.2%
    Greek Equities7.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.3%8%25%32.2%1.5%10.2%
Sector0.4%6.3%24.5%33%-3.2%6.5%
Rank within sector1 / 21 / 21 / 22 / 21 / 21 / 2
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund36.9%1.8%-25.4%4.4%11.8%
Sector36.2%1.6%-29.6%3.3%14.8%
Rank within sector1 / 21 / 21 / 21 / 22 / 2
Quartile
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.
1.65
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.
1
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.
-0.01
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%.
20.55
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.
5.9
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.
0.25
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.
0.92
Price movement
52 week high284
52 week low172.25
Current bid price274
Current offer price278
Current mid price276
Region
1Russia49.5%
2Turkey22.5%
3Poland10.8%
4Ukraine8.3%
5Greece7.4%
6Czech Republic3.5%
7Kazakhstan3.4%
8Romania1.9%
9Others-1.9%
Industry sector
1Financials43.6%
2Energy25.7%
3Basic Materials8.7%
4Consumer Staples7.1%
5Information Technology5.9%
6Industrials4.7%
7Telecommunications3.6%
8Utilities3.6%
9Consumer Discretionary2.9%
Asset type
1Russian Equities49.5%
2Turkish Equities22.5%
3Polish Equities10.8%
4European Emerging Equities10.2%
5Greek Equities7.4%
6Czech Republic Equities3.5%
7Kazakhstani Equities3.4%
8International Equities-1.9%
9Money Market-5.4%
Individual holdings
1SBERBANK OF RUSSIA11.6%
2GAZPROM OAO7%
3NOVATEK OAO6.9%
4LUKOIL OAO5.5%
5GLOBALTRANS INVESTMENT PLC4.7%
6HALKBANK4.7%
7GARANTI BANK4.2%
8PZU4.1%
9PKO BANK POLSKI3.9%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock Investment Managemen
Fund type
Investment Trust
Fund objective
To achieve long term capital growth by investing in companies that do business in Easter Europe, Russia and other states of the former Soviet Union, and Turkey.
Benchmark
  • MSCI EM Europe 10/40
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Chris Colunga29/03/2016Christopher Colunga joined BlackRock’s Global Emerging Markets team as a Director in January 2016. Chris focuses on Eastern European investments. Prior to moving to BlackRock, he spent five years managing long/short equity strategies focused on the EMEA and MENA regions at Charlemagne Capital and Och-Ziff Capital Management. From 2007, he was an EMEA equity analyst at Schroders specialising in Russia, Turkey and the Czech Republic. He began his career as an auditor at Ernst & Young in 2004.
Sam Vecht30/04/2009Sam Vecht is co-manager of BlackRock Emerging Europe plc, and is co-head of BlackRock’s Global Emerging Markets Team in the Fundamental Equity Division of BlackRock's Alpha Strategies Group. He is responsible for managing long-only and long/short portfolios in both Emerging and Frontier markets. He is also co-manager of the BlackRock Greater Europe Investment Trust plc and the BlackRock Frontiers Investment Trust plc. Sam joined BlackRock in 2000 in the Global Emerging Markets Team. Sam has a degree in international relations and history.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
BlackRock Emerging Europe Plc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price304.56
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNJGM
BlackRock Emerging Europe Plc NAV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price304.56
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFBV1
BlackRock Emerging Europe Plc Sub
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.255
CurrencyGBX
Price updated04/07/2012
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code06X2
BlackRock Emerging Europe Plc Sub sub
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.255
CurrencyGBX
Price updated25/07/2013
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMDT1
Data provided by

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