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
4.2%
1 Year rank in sector
203/227
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
£1,397m (£1,776m 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.
100
Top in this sector
Fund name1 Year
IVI European40.1%
GS Eur CORE Eq Portfolio38.6%
EP Pan European Opportunities35.6%
JOHCM European Sel Val33.2%
Winton European Equity31.4%
...more in FO Equity - Europe inc UK

Performance snapshot

Holdings snapshot

  • UK31.3%
    France13.6%
    Germany13.3%
    Denmark11%
    Switzerland8.7%
  • Industrials18.8%
    Information Technology18.5%
    Consumer Discretionary13.5%
    Financials11.9%
    Health Care11.2%
  • UK Equities31.3%
    French Equities13.6%
    German Equities13.3%
    Danish Equities11%
    Swiss Equities8.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.9%3.5%3%4.2%23.2%81.1%
Sector2.1%6.2%6.7%9.4%14.5%61.5%
Rank within sector100 / 235172 / 233199 / 233203 / 22750 / 19945 / 175
Quartile2nd3rd4th4th2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund1%-7.1%25.8%6.8%20.3%
Sector1.3%-0.6%11.1%4.2%21.1%
Rank within sector138 / 235212 / 2275 / 21072 / 198118 / 185
Quartile3rd4th1st2nd3rd
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.
2.88
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.
0.31
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%.
13.6
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.
5.46
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.
0.5
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 high37.34
52 week low32.3
Current bid price-
Current offer price-
Current mid price36.49
Region
1UK31.34%
2France13.62%
3Germany13.27%
4Denmark11.01%
5Switzerland8.73%
6Netherlands7.78%
7Sweden4.74%
8Spain3.16%
9Belgium2.83%
Industry sector
1Industrials18.81%
2Information Technology18.47%
3Consumer Discretionary13.45%
4Financials11.94%
5Health Care11.23%
6Materials7.95%
7Consumer Staples6.75%
8Real Estate5.73%
9Telecommunications4.79%
Asset type
1UK Equities31.34%
2French Equities13.62%
3German Equities13.27%
4Danish Equities11.01%
5Swiss Equities8.73%
6Dutch Equities7.78%
7Swedish Equities4.74%
8Spanish Equities3.16%
9Belgian Equities2.83%
Individual holdings
1BRITISH AMERICAN TOBACCO HLDGS3.55%
2SAP SE2.92%
3BAYER AG2.64%
4ASML HOLDING NV2.43%
5DANSKE BANK2.38%
6LEG IMMOBILIEN AG2.37%
7CRH2.07%
8AXA2.06%
9BT GROUP1.95%
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 price36.49
CurrencyEUR
Price updated16/01/2017
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 price12.68
CurrencyAUD
Price updated16/01/2017
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 price12.18
CurrencyCAD
Price updated16/01/2017
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 price264.12
CurrencyCNH
Price updated16/01/2017
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 price11.96
CurrencyGBP
Price updated16/01/2017
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 price13.32
CurrencyUSD
Price updated16/01/2017
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 price38.7
CurrencyUSD
Price updated16/01/2017
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 price30.95
CurrencyEUR
Price updated16/01/2017
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 price32.82
CurrencyUSD
Price updated16/01/2017
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 price39.62
CurrencyEUR
Price updated16/01/2017
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 price12.27
CurrencyUSD
Price updated16/01/2017
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 price42.02
CurrencyUSD
Price updated16/01/2017
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 price34.35
CurrencyEUR
Price updated16/01/2017
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 price36.43
CurrencyUSD
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM427
BlackRock GF European Special Situations I2 EUR
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 price10.56
CurrencyEUR
Price updated16/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC37S
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)0.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.13
CurrencyEUR
Price updated16/01/2017
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)0.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.75
CurrencyUSD
Price updated16/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFE8N
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