Fact sheet: BlackRock SF EupDifEqAbRt

Fund information
Fund name
BlackRock SF European Diversified Equity Absolute Return D2RF EUR
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund managers
  • Robert Fishersince 05/08/2010
  • Simon Weinbergersince 05/08/2010
Fund objective
The Fund aims to achieve a positive absolute return through a combination of capital growth and income on your investment regardless of market conditions. The Fund seeks to gain at least 70% of any market exposure to shares of companies domiciled in, or the main business of which is in, Europe (including former Soviet Union countries). This is achieved by investing at least 70% of its assets in shares, other equity-related securities and, when determined appropriate fixed income (FI) securities (such as bonds), money market instruments (MMIs), deposits and cash. The equity-related securities include financial derivative instruments (FDIs).
Benchmark
  • 3 Month EUR LIBOR
Investment style
Absolute Return
Investment method
Shares
Quick stats
1 Year return
-10.6%
1 Year rank in sector
126/131
Sector
FO Absolute Return
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.
1.46%
Fund size
£919m (£587m 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.
46
Top in this sector
Fund name1 Year
SW Mitchell Emerging European16.7%
Pioneer SICV-AbsRetBd16.1%
Pictet Scv II Dyn Ass Alloc11.2%
Orbis Optimal SA9.3%
Polar Capital UK Abs Eq9%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

  • Sweden9.3%
    Spain4.6%
    Germany3.5%
    Austria2.3%
    Belgium1.3%
  • Consumer Discretionary6.2%
    Telecommunications3.8%
    Information Technology2.8%
    Consumer Staples2.6%
    Real Estate1.9%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.3%-6.1%-7.9%-10.6%-1%13.7%
Sector0%-0.5%0.6%0%2.7%9.8%
Rank within sector135 / 140137 / 140137 / 138126 / 13161 / 8324 / 63
Quartile4th4th4th4th3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-11.3%5.2%4.9%16.1%-0.4%
Sector0.3%0.7%1.2%3.6%3.9%
Rank within sector128 / 13123 / 11514 / 876 / 7056 / 62
Quartile4th1st1st1st4th
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.
-0.4
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.
0.92
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
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%.
5.51
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.
5.26
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.
-0.11
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.
0.09
Price movement
52 week high135.51
52 week low118.84
Current bid price-
Current offer price-
Current mid price119.32
Region
1Sweden9.3%
2Spain4.64%
3Germany3.45%
4Austria2.3%
5Belgium1.27%
6UK0.6%
7Portugal-0.02%
8Switzerland-0.56%
9Netherlands-0.68%
Industry sector
1Consumer Discretionary6.19%
2Telecommunications3.77%
3Information Technology2.82%
4Consumer Staples2.57%
5Real Estate1.94%
6Materials1.61%
7Health Care0.77%
8Utilities-1.87%
9Industrials-3.55%
Asset type
No data available.
Individual holdings
1IMPERIAL BRANDS PLC2.86%
2RENAULT(REGIE NATIONALE DES USINES)2.37%
3DEUTSCHE TELEKOM AG2.19%
4UNIBAIL-RODAMCO2.08%
5LONZA GROUP AG2.03%
6ENGIE SA1.92%
7HALMA1.91%
8PANDORA AS1.85%
9VODAFONE GROUP1.85%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund objective
The Fund aims to achieve a positive absolute return through a combination of capital growth and income on your investment regardless of market conditions. The Fund seeks to gain at least 70% of any market exposure to shares of companies domiciled in, or the main business of which is in, Europe (including former Soviet Union countries). This is achieved by investing at least 70% of its assets in shares, other equity-related securities and, when determined appropriate fixed income (FI) securities (such as bonds), money market instruments (MMIs), deposits and cash. The equity-related securities include financial derivative instruments (FDIs).
Benchmark
  • 3 Month EUR LIBOR
Investment style
Absolute Return
Investment method
Shares
Fund managers
NameSinceBiography
Robert Fisher05/08/2010Robert Fisher, CFA, Director and senior portfolio manager, is a member of the European Equities team in the Scientific Active Equity division of BlackRock's Portfolio Management Group. He is responsible for managing Market Neutral strategies. Mr. Fisher's service with the firm dates back to 2001, including his years with Barclay's Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he served as a senior portfolio manager within the European Scientific Equity team. Prior to joining BGI, he worked at the Bank of New York, Europe. Mr. Fisher earned a masters in aeronautical & astronautical engineering from Southampton University in 1999.
Simon Weinberger05/08/2010Mr. Simon Weinberger serves as Portfolio Manager of BlackRock Investment Management LLC and BlackRock Strategic Funds - BlackRock European Diversified Equity Absolute Return Fund. Mr. Weinberger is an Investment Professional at BlackRock Advisors (UK) Limited (alternate name Barclays Global Investors Limited. He is responsible for investment management at Barclays Global Investors.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Guernsey, Hungary, Ireland, Italy, Jersey, Luxembourg, Netherlands, Norway, Offshore, Poland, Portugal, Sweden
BlackRock SF European Diversified Equity Absolute Return A2 EUR
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.96%
Total expense ratio (TER)4.6%
Bid price-
Offer price-
Mid price117.62
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKLH2
BlackRock SF European Diversified Equity Absolute Return A2 Hedged CHF
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.96%
Total expense ratio (TER)4.6%
Bid price-
Offer price-
Mid price114.94
CurrencyCHF
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN9D5
BlackRock SF European Diversified Equity Absolute Return A2 Hedged SEK
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.96%
Total expense ratio (TER)4.6%
Bid price-
Offer price-
Mid price120.77
CurrencySEK
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKXA6
BlackRock SF European Diversified Equity Absolute Return A2RF Hedged GBP
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.96%
Total expense ratio (TER)4.6%
Bid price-
Offer price-
Mid price120.78
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM9I4
BlackRock SF European Diversified Equity Absolute Return D2 Hedged CHF
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.46%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price88.92
CurrencyCHF
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFUQV
BlackRock SF European Diversified Equity Absolute Return D2 Hedged USD
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.47%
Total expense ratio (TER)5.25%
Bid price-
Offer price-
Mid price120.16
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKTY0
BlackRock SF European Diversified Equity Absolute Return D2RF EUR
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.46%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price119.32
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKLH4
BlackRock SF European Diversified Equity Absolute Return D2RF Hedged GBP
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.46%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price124.66
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN2Y9
BlackRock SF European Diversified Equity Absolute Return E2 EUR
Initial charge3%
Annual charge2%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.48%
Total expense ratio (TER)5.86%
Bid price-
Offer price-
Mid price114.86
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKLH5
BlackRock SF European Diversified Equity Absolute Return I2 EUR
Initial charge-
Annual charge1%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)5.23%
Bid price-
Offer price-
Mid price123.61
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKLH6
BlackRock SF European Diversified Equity Absolute Return I2 Hedged SEK
Initial charge-
Annual charge1%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.18%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price881.51
CurrencySEK
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE4XH
BlackRock SF European Diversified Equity Absolute Return X2 EUR
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.16%
Total expense ratio (TER)0.05%
Bid price-
Offer price-
Mid price143.43
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKLH7
Data provided by

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