Fact sheet: BlackRock SF Eur Opp Ext

Fund information
Fund name
BlackRock SF European Opportunities Extension D2 EUR
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund managers
  • David Toveysince 31/08/2007
  • Simon Huntersince 20/03/2013
Fund objective
The Fund aims to provide long term capital growth (including income) on your investment through the use of an extension strategy. Use of an extension strategy means that in addition to having up to 100% of the Fund's assets exposed to shares via long positions and/or synthetic long positions, the intention is to enter into synthetic short positions, to achieve additional investment exposure. The Portfolio Manager will use the proceeds from these to buy additional synthetic long positions (broadly in the same proportion as the short positions it holds). Through a long position the Fund aims to profit by choosing assets that will rise in value. A short position is the sale of an asset which the Fund does not physically own with the aim of buying it later at a lower price to secure a profit.
Benchmark
  • S&P Europe BMI
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
17.6%
1 Year rank in sector
12/224
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.
1.37%
Fund size
£637m (£666m 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.
94
Top in this sector
Fund name1 Year
Mirabaud Eqts PanEur SmllMid33.2%
IVI European31.5%
JOHCM European Sel Val30.4%
Schroder ISF Eur SpclSits30.1%
Fidelity Eurp Dyn Gth28.3%
...more in FO Equity - Europe inc UK

Performance snapshot

Holdings snapshot

  • UK26.6%
    Denmark20%
    Switzerland16.7%
    Sweden14.1%
    France9.6%
  • Industrials29.3%
    Health Care21.6%
    Consumer Discretionary13.7%
    Information Technology12.5%
    Financials12%
  • UK Equities26.6%
    Danish Equities20%
    Swiss Equities16.7%
    Swedish Equities14.1%
    French Equities9.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%4.3%9.7%17.6%96.5%238.6%
Sector1.2%1.4%3.3%1%18%77.8%
Rank within sector101 / 23332 / 23419 / 23112 / 2241 / 2001 / 175
Quartile2nd1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund3.7%37.4%20.3%45.4%23.3%
Sector-3.1%11.1%4.2%21.1%17.6%
Rank within sector22 / 2291 / 2151 / 2033 / 19029 / 179
Quartile1st1st1st1st1st
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.
18.69
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.
1.01
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.
1.65
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%.
13.92
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.
6.06
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.
3.04
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.
0.81
Price movement
52 week high302.26
52 week low242.81
Current bid price-
Current offer price-
Current mid price300.67
Region
1UK26.58%
2Denmark20.03%
3Switzerland16.72%
4Sweden14.08%
5France9.6%
6Belgium5.19%
7Germany4.99%
8Ireland3.35%
9Netherlands3.19%
Industry sector
1Industrials29.29%
2Health Care21.57%
3Consumer Discretionary13.72%
4Information Technology12.5%
5Financials12.04%
6Consumer Staples10.42%
7Materials2.97%
8Telecommunications1.32%
9Utilities-1.15%
Asset type
1UK Equities26.58%
2Danish Equities20.03%
3Swiss Equities16.72%
4Swedish Equities14.08%
5French Equities9.6%
6Belgian Equities5.19%
7German Equities4.99%
8Irish Equities3.35%
9Dutch Equities3.19%
Individual holdings
1NOVO-NORDISK AS5.72%
2STABILUS SA4.38%
3KINEPOLIS GROUP3.45%
4ASSA ABLOY AB3.42%
5LOOMIS AB3.37%
6PANDORA AS3.22%
7DSV3.16%
8ALTEN SA3.09%
9PARTNERS GROUP HOLDING3.01%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund objective
The Fund aims to provide long term capital growth (including income) on your investment through the use of an extension strategy. Use of an extension strategy means that in addition to having up to 100% of the Fund's assets exposed to shares via long positions and/or synthetic long positions, the intention is to enter into synthetic short positions, to achieve additional investment exposure. The Portfolio Manager will use the proceeds from these to buy additional synthetic long positions (broadly in the same proportion as the short positions it holds). Through a long position the Fund aims to profit by choosing assets that will rise in value. A short position is the sale of an asset which the Fund does not physically own with the aim of buying it later at a lower price to secure a profit.
Benchmark
  • S&P Europe BMI
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
David Tovey31/08/2007David Tovey, CFA, Director and portfolio manager, is a member of BlackRock's European Specialist equity team. Mr. Tovey's service with the firm dates back to 1998, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, Mr. Tovey was a member of the European Specialist equity team, responsible for managing the MLIIF Global Opportunities Fund. He began his career with MLIM in 1998 as an analyst with the US Small Cap equity team. Mr. Tovey earned a BA degree in economics, with honours, from Warwick University in 1998.
Simon Hunter20/03/2013Simon Hunter is a Vice President and research analyst in BlackRock’s European Equity team within the Fundamental Equity division of the Alpha Strategies Group. Prior to joining BlackRock in 2010, Hunter spent three and a half years at Scottish Widows Investment Partnership, which he joined as a graduate trainee. Hunter spent his first year covering European markets before moving to cover US equities. Most recently, Hunter had specific research responsibility for analysing US financial companies. Hunter earned an MA in economics, politics and philosophy from the University of St. Oxford in 2006.
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, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Hungary, Ireland, Italy, Jersey, Luxembourg, Netherlands, Norway, Offshore, Poland, Portugal, Singapore, Sweden
BlackRock SF European Opportunities Extension A2 EUR
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)5.67%
Bid price-
Offer price-
Mid price295.67
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAWY3
BlackRock SF European Opportunities Extension A4RF GBP
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)1.86%
Bid price-
Offer price-
Mid price253.48
CurrencyGBP
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeAWY4
BlackRock SF European Opportunities Extension D2 EUR
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.37%
Total expense ratio (TER)11.39%
Bid price-
Offer price-
Mid price300.67
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG0A8
BlackRock SF European Opportunities Extension D3 EUR
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.42%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.77
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFV0I
BlackRock SF European Opportunities Extension D4 EUR
Initial charge5%
Annual charge1.5%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.42%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price136.97
CurrencyEUR
Price updated12/08/2015
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFLNK
BlackRock SF European Opportunities Extension D4RF GBP
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.37%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price257.42
CurrencyGBP
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF32M
BlackRock SF European Opportunities Extension E2 EUR
Initial charge3%
Annual charge2%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.37%
Total expense ratio (TER)8.38%
Bid price-
Offer price-
Mid price287.04
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG0A9
BlackRock SF European Opportunities Extension I2 EUR
Initial charge-
Annual charge1%
Min single investment£10,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price158.18
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFIZI
BlackRock SF European Opportunities Extension X2 EUR
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 price169.98
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFLDG
Data provided by

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