Fact sheet: BlackRock JPM Cont Eur Sel Eq Pn

Fund information
Fund name
BlackRock JP Morgan Continental Europe Select Equity Pn T
Fund manager company
BlackRock Pensions Ltd
Fund type
Pension Fund
Fund managers
  • Patrick Vermeulensince 30/04/2012
  • Demetris Georghiousince 25/09/2014
  • Ido Eisenbergsince 25/09/2014
Underlying fund
JPM Life Cntl Eur Sel Eq
Fund objective
The JPMorgan Life Continental Europe Select Equity Fund (the ‘Fund’) is a pooled life fund for pension schemes investing primarily in European equities either directly or through other funds. The Fund seeks to achieve excess return through stock selection. Normally the Fund only invests in equities issued by companies that are listed in Europe (excluding UK), which may include emerging European markets and smaller companies on an ancillary basis. The Fund is well diversified and under normal circumstances, is fully invested, with cash holdings kept to a minimum.
Benchmark
  • FTSE All-World Developed Europe (ex UK) Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
10.2%
1 Year rank in sector
147/359
Sector
PN Europe Excluding UK
Yield
-
Fund size
£0m
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.
112
Top in this sector
Fund name1 Year
Guardian Choices European Pn24%
OMW Old Mut Euro (ex UK) Sm Cos22.6%
Zurich Nept EuroOppsPn19.9%
Scot Eq Neptune Eur Opps Pn19.8%
OMW Henderson Euro Sm Cos19.5%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • France23.4%
    Germany20.9%
    Switzerland17.8%
    Netherlands6.8%
    Sweden5.6%
  • Health Care15.1%
    Others12.7%
    Banks12.1%
    Consumer Non-Durables12.1%
    General Industrials8.4%
  • French Equities23.4%
    German Equities20.9%
    Swiss Equities17.8%
    Dutch Equities6.8%
    Swedish Equities5.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.5%-1.3%8.3%10.2%18.3%73.8%
Sector-3.5%-2.2%6.6%9%21.7%70.3%
Rank within sector38 / 36994 / 36992 / 368147 / 359233 / 340120 / 312
Quartile1st2nd1st2nd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund8.9%5.1%-0.5%30.9%20.7%
Sector7.3%9.4%-0.2%25.6%19.2%
Rank within sector136 / 359274 / 353188 / 34156 / 329122 / 311
Quartile2nd4th3rd1st2nd
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.
-1.42
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.
1.07
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.
0.14
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%.
12.31
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.
3.14
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.
-0.34
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.
0.94
Price movement
52 week high118.22
52 week low88.43
Current bid price-
Current offer price-
Current mid price109.68
Region
1France23.4%
2Germany20.9%
3Switzerland17.8%
4Netherlands6.8%
5Sweden5.6%
6Spain5%
7Italy4.7%
8Denmark4.1%
9Belgium3.8%
Industry sector
1Health Care15.1%
2Others12.7%
3Banks12.1%
4Consumer Non-Durables12.1%
5General Industrials8.4%
6Chemicals6.6%
7Technology6.4%
8Telecommunications5.4%
9Building & Construction5.2%
Asset type
1French Equities23.4%
2German Equities20.9%
3Swiss Equities17.8%
4Dutch Equities6.8%
5Swedish Equities5.6%
6Spanish Equities5%
7Italian Equities4.7%
8Danish Equities4.1%
9Belgian Equities3.8%
Individual holdings
1NESTLE SA5.2%
2ROCHE HLDG AG4.3%
3ANHEUSER-BUSCH INBEV SA/NV2.9%
4TOTAL SA2.7%
5NOVARTIS AG2.5%
6SAP SE2.4%
7SIEMENS AG2.1%
8FRESENIUS SE & CO KGAA2%
9BNP PARIBAS1.9%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock Pensions Ltd
Fund type
Pension Fund
Fund objective
The JPMorgan Life Continental Europe Select Equity Fund (the ‘Fund’) is a pooled life fund for pension schemes investing primarily in European equities either directly or through other funds. The Fund seeks to achieve excess return through stock selection. Normally the Fund only invests in equities issued by companies that are listed in Europe (excluding UK), which may include emerging European markets and smaller companies on an ancillary basis. The Fund is well diversified and under normal circumstances, is fully invested, with cash holdings kept to a minimum.
Benchmark
  • FTSE All-World Developed Europe (ex UK) Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Patrick Vermeulen30/04/2012Patrick Vermeulen is Head of Desk (European Equity Group - Research Driven Process). An employee since 1999, Patrick was previously joint-head of European research and a fund manager at Schroder Investment Management for nine years. Patrick obtained an M.Fin in business economics at VLEKHO in Brussels (Licence en Sciences Economiques).
Demetris Georghiou25/09/2014Mr. Georghiou, Vice President, joined the firm in 2007 and is a portfolio manager responsible for managing international research driven portfolios, and has served as a portfolio manager since April 2012.
Ido Eisenberg25/09/2014Ido Eisenberg, executive director, is a portfolio manager on the Global Research Enhanced Index (REI) and Europe Research Driven Process (RDP) equities desk, based in London. Ido is responsible for leading our REI portfolios and is a co-manager on our core European RDP portfolios. An employee since 2002, Ido previously worked in the Technology Application Development Group, where he developed and supported applications for the Global Research Enhanced Index Team. Ido obtained a Bachelor of Science degree in Computer Science and Cognitive Science from University College, London. He is a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
BlackRock JP Morgan Continental Europe Select Equity Pn T
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 price109.6791
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJANA
Data provided by

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