Fact sheet: BlackRock NURS II Overseas Equity

Fund information
Fund name
BlackRock NURS II Overseas Equity I
Fund manager company
BlackRock
Fund type
Unit Trust
Fund managers
  • Stephen Walkersince 01/01/2013
Fund objective
The Fund seeks to achieve a total return for investors. The Fund invests primarily in underlying funds involved in equities which track appropriate indices with an emphasis on markets outside the UK. The Fund may hold positions in government securities or other fixed interest investments in the UK, overseas, in cash or near cash. Derivatives and forward transactions may be used for the purposes of efficient portfolio management.
Benchmark
  • FTSE World ex UK
Investment style
None
Investment method
Shares
Quick stats
1 Year return
27.4%
1 Year rank in sector
37/248
Sector
UT Global
Yield
1.4%
Fund size
£516m (£104m 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
Bid price
258.9
Offer price
259.2
Top in this sector
Fund name1 Year
First State Gbl Resrcs79.3%
UBS FTSE RAFI Devlpd 1000 Idx42.6%
Natixis HarsAsGblConcntdEq42.3%
Orbis Gbl Eq42.3%
NFU Mutual Global Growth38.3%
...more in UT Global

Performance snapshot

Holdings snapshot

  • North America32.9%
    USA30.4%
    Continental Europe17.2%
    Japan10.2%
    Asia Pacific ex Japan9.3%
  • Financials20.5%
    Consumer Goods13.9%
    Technology13.5%
    Industrials13.4%
    Health Care11.2%
  • North American Equities32.9%
    US Equities30.4%
    European Equities17.2%
    Japanese Equities10.2%
    Asia Pacific ex Japan Equities9.3%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.8%6.5%20.8%27.4%52.4%106%
Sector0.1%2.7%14%17.9%31.7%68.9%
Rank within sector77 / 26441 / 26236 / 25737 / 24820 / 22624 / 201
Quartile2nd1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund26.2%4.7%13.2%24.4%10.7%
Sector17.2%3.4%6.7%19.7%9.9%
Rank within sector38 / 250104 / 24021 / 22671 / 214103 / 201
Quartile1st2nd1st2nd3rd
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.
3.83
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.
1.04
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.
1
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%.
10.87
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.
2.17
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.
1.92
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.
0.96
Price movement
52 week high261.3
52 week low184.8
Current bid price258.9
Current offer price259.2
Current mid price-
Region
1North America32.92%
2USA30.41%
3Continental Europe17.21%
4Japan10.17%
5Asia Pacific ex Japan9.28%
6Money Market0.01%
Industry sector
1Financials20.51%
2Consumer Goods13.88%
3Technology13.47%
4Industrials13.37%
5Health Care11.18%
6Consumer Services10.94%
7Oil & Gas5.84%
8Basic Materials4.34%
9Utilities3.33%
Asset type
1North American Equities32.92%
2US Equities30.41%
3European Equities17.21%
4Japanese Equities10.17%
5Asia Pacific ex Japan Equities9.28%
6Money Market0.01%
Individual holdings
1BLACKROCK NORTH AMERICAN EQUITY TRACKER L32.94%
2BLACKROCK US EQUITY TRACKER D ACC30.41%
3BLACKROCK CONTINENTAL EUROPEAN EQUITY TRACKER L17.21%
4BLACKROCK JAPAN EQUITY TRACKER L10.17%
5BLACKROCK PACIFIC EX JAPAN EQUITY TRACKER L9.28%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock
Fund type
Unit Trust
Fund objective
The Fund seeks to achieve a total return for investors. The Fund invests primarily in underlying funds involved in equities which track appropriate indices with an emphasis on markets outside the UK. The Fund may hold positions in government securities or other fixed interest investments in the UK, overseas, in cash or near cash. Derivatives and forward transactions may be used for the purposes of efficient portfolio management.
Benchmark
  • FTSE World ex UK
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Stephen Walker01/01/2013Steve Walker, Director and portfolio manager, is a member of the Beta Strategies Group. Within Beta Strategies, Mr. Walker is head of the Index Asset Allocation team in EMEA. Mr. Walker's service with the firm dates back to 2007, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he was a portfolio manager in the Client Solutions team. Prior to joining BGI, Mr. Walker was a portfolio manager in the discretionary investment team at Coutts & Co bank for over 12 years.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
BlackRock NURS II Overseas Equity I
Initial charge5%
Annual charge0.2%
Min single investment£5,000,000
Min regular saving£50,000
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)0.23%
Bid price258.9
Offer price259.2
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEFT7
Data provided by

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