Fact sheet: BlackRock GF Eurpn Spl Sit

Fund information
Fund name
BlackRock GF European Special Situations A2 EUR
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund managers
  • Michael Constantissince 01/03/2008
Fund objective
The Fund aims to maximise the return on your investment through a combination of capital growth and income on the Fund’s assets. The Fund invests at least 70% of its total assets in the shares of companies domiciled in, or the main business of which is in, Europe. In particular, the Fund will invest in the shares of ”special situations” companies, which, in the Portfolio Manager’s opinion, are companies with potential for improvement that the market has failed to appreciate.
Benchmark
  • MSCI Europe
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-14.4%
1 Year rank in sector
210/227
Sector
FO Equity - Europe inc UK
Yield
-
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.
1.82%
Fund size
£1,448m (£1,366m 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.
102
Top in this sector
Fund name1 Year
SPL Parallel Private Equity IC27%
IVI European20.9%
GS Eur CORE Eq Portfolio15%
Mirabaud Eqts PanEur SmllMid14.1%
JOHCM European Sel Val12%
...more in FO Equity - Europe inc UK

Performance snapshot

Holdings snapshot

  • UK27.4%
    Germany14.3%
    Denmark13.2%
    France12.8%
    Switzerland7.4%
  • Industrials19.6%
    Information Technology19.3%
    Consumer Discretionary11.8%
    Financials11.2%
    Health Care10.5%
  • UK Equities27.4%
    German Equities14.3%
    Danish Equities13.2%
    French Equities12.8%
    Swiss Equities7.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.4%-6.1%-6.8%-14.4%21.6%81.1%
Sector-0.3%-2%-2.1%-8.7%10.5%55.9%
Rank within sector137 / 233204 / 234213 / 232210 / 22741 / 20034 / 175
Quartile3rd4th4th4th1st1st
Calendar performance
 YTD - 20162015201420132012
Fund-11.4%25.8%6.8%20.3%24.1%
Sector-5.7%11.1%4.2%21.1%17.6%
Rank within sector210 / 2286 / 21377 / 200115 / 18824 / 177
Quartile4th1st2nd3rd1st
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.
3.71
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.
1.02
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.
0.27
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%.
13.53
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.
5.38
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.
0.67
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.
0.84
Price movement
52 week high39.39
52 week low32.3
Current bid price-
Current offer price-
Current mid price34.49
Region
1UK27.43%
2Germany14.29%
3Denmark13.24%
4France12.78%
5Switzerland7.41%
6Netherlands7.1%
7Sweden4.7%
8Ireland4.08%
9Spain3.65%
Industry sector
1Industrials19.58%
2Information Technology19.26%
3Consumer Discretionary11.84%
4Financials11.2%
5Health Care10.54%
6Consumer Staples8.54%
7Materials5.81%
8Real Estate5.65%
9Telecommunications4.92%
Asset type
1UK Equities27.43%
2German Equities14.29%
3Danish Equities13.24%
4French Equities12.78%
5Swiss Equities7.41%
6Dutch Equities7.1%
7Swedish Equities4.7%
8Irish Equities4.08%
9Spanish Equities3.65%
Individual holdings
1BRITISH AMERICAN TOBACCO HLDGS3.68%
2SAP SE3.05%
3DANSKE BANK2.75%
4LEG IMMOBILIEN AG2.6%
5BAYER AG2.58%
6DSV2.43%
7ASML HOLDING NV2.37%
8CAP GEMINI2.14%
9CRH2.14%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund objective
The Fund aims to maximise the return on your investment through a combination of capital growth and income on the Fund’s assets. The Fund invests at least 70% of its total assets in the shares of companies domiciled in, or the main business of which is in, Europe. In particular, the Fund will invest in the shares of ”special situations” companies, which, in the Portfolio Manager’s opinion, are companies with potential for improvement that the market has failed to appreciate.
Benchmark
  • MSCI Europe
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Michael Constantis01/03/2008Michael is responsible for growth Pan-European portfolio management as well as covering telecom and technology stocks. Prior to joining BlackRock in 2005 he was at Deutsche Asset Management.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Bahrain, Brunei Darussalam, Switzerland, Chile, China, Germany, Denmark, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Gibraltar, Greece, Guernsey, Hong Kong, Hungary, Ireland, Iceland, Italy, Jersey, Republic Of Korea, Luxembourg, Macau, Malta, Mauritius, Netherlands, Norway, Offshore, Poland, Portugal, Singapore, Sweden, Taiwan - Province Of China
BlackRock GF European Special Situations A2 EUR
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.82%
Total expense ratio (TER)1.81%
Bid price-
Offer price-
Mid price34.49
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM439
BlackRock GF European Special Situations A2 Hedged AUD
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.83%
Total expense ratio (TER)1.84%
Bid price-
Offer price-
Mid price11.95
CurrencyAUD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFHOY
BlackRock GF European Special Situations A2 Hedged CAD
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.82%
Total expense ratio (TER)1.83%
Bid price-
Offer price-
Mid price11.49
CurrencyCAD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFHOZ
BlackRock GF European Special Situations A2 Hedged CNH
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.83%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price248.06
CurrencyCNH
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFV8O
BlackRock GF European Special Situations A2 Hedged GBP
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.81%
Total expense ratio (TER)1.8%
Bid price-
Offer price-
Mid price11.29
CurrencyGBP
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFHPB
BlackRock GF European Special Situations A2 Hedged USD
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.83%
Total expense ratio (TER)1.82%
Bid price-
Offer price-
Mid price12.57
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFCTS
BlackRock GF European Special Situations A2 USD
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.82%
Total expense ratio (TER)1.81%
Bid price-
Offer price-
Mid price36.74
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM424
BlackRock GF European Special Situations C2 EUR
Initial charge-
Annual charge2.75%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)3.07%
Total expense ratio (TER)3.06%
Bid price-
Offer price-
Mid price29.3
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM441
BlackRock GF European Special Situations C2 USD
Initial charge-
Annual charge2.75%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)3.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price31.2
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM426
BlackRock GF European Special Situations D2 EUR
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1.06%
Bid price-
Offer price-
Mid price37.42
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBMT5
BlackRock GF European Special Situations D2 Hedged USD
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)1.07%
Bid price-
Offer price-
Mid price11.56
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFKPU
BlackRock GF European Special Situations D2 USD
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price39.85
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF2WY
BlackRock GF European Special Situations E2 EUR
Initial charge3%
Annual charge2%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.32%
Total expense ratio (TER)2.3%
Bid price-
Offer price-
Mid price32.49
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM442
BlackRock GF European Special Situations E2 USD
Initial charge3%
Annual charge2%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.32%
Total expense ratio (TER)2.3%
Bid price-
Offer price-
Mid price34.6
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM427
BlackRock GF European Special Situations X2 EUR
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.56
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFFFR
BlackRock GF European Special Situations X2 USD
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.18
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFE8N
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