Fact sheet: BlackRock SF EuroAbsRetn

Fund information
Fund name
BlackRock SF European Absolute Return D2 EUR
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund managers
  • Stefan Griessince 01/07/2013
  • Vincent Devlinsince 27/02/2009
Fund objective
The Fund aims to achieve positive absolute returns 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, money market instruments (MMIs) deposits and cash.
Benchmark
  • No Specified Index
Investment style
Absolute Return
Investment method
Shares
Quick stats
1 Year return
-0.8%
1 Year rank in sector
80/128
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.
1.36%
Fund size
£1,812m (£1,672m 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.
23
Top in this sector
Fund name1 Year
SW Mitchell Emerging European20%
Pioneer SICV-AbsRetBd15%
Polar Capital UK Abs Eq14.3%
BlackRock SFAmDfEAbslRn13.4%
Orbis Optimal SA11%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

  • UK7.3%
    Denmark6.4%
    Germany5.6%
    France5%
    Netherlands4.5%
  • Health Care8.8%
    Industrials6.3%
    Information Technology6.2%
    Consumer Discretionary5.9%
    Consumer Staples4.5%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.9%-1.5%-0.5%-0.8%7.9%20.6%
Sector0.1%1.4%1.6%0.5%3.9%10.9%
Rank within sector126 / 139128 / 137112 / 13580 / 12820 / 7814 / 60
Quartile4th4th4th3rd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund-2.8%8.1%0.9%4.1%5.4%
Sector0.6%0.7%1.2%3.6%3.9%
Rank within sector105 / 13213 / 11647 / 8832 / 7127 / 62
Quartile4th1st3rd2nd2nd
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.
2.64
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.
-0.04
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.
-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%.
3.03
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.
3.61
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.
0.29
Price movement
52 week high138.84
52 week low133.1
Current bid price-
Current offer price-
Current mid price134.21
Region
1UK7.31%
2Denmark6.4%
3Germany5.63%
4France5.04%
5Netherlands4.5%
6Ireland2.78%
7Sweden2.02%
8Belgium1.72%
9Switzerland0.91%
Industry sector
1Health Care8.75%
2Industrials6.32%
3Information Technology6.19%
4Consumer Discretionary5.93%
5Consumer Staples4.53%
6Financials1.62%
7Telecommunications1.48%
8Utilities-0.05%
9Energy-0.17%
Asset type
No data available.
Individual holdings
1VINCI SA1.74%
2WORLDPAY GROUP PLC1.72%
3ZURICH INSURANCE GROUP LTD1.69%
4WILLIAM DEMANT HLDGS1.63%
5NOVO-NORDISK AS1.61%
6PANDORA AS1.5%
7KONINKLIJKE KPN NV1.44%
8SHIRE PLC1.44%
9BAYER AG1.42%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund objective
The Fund aims to achieve positive absolute returns 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, money market instruments (MMIs) deposits and cash.
Benchmark
  • No Specified Index
Investment style
Absolute Return
Investment method
Shares
Fund managers
NameSinceBiography
Stefan Gries01/07/2013Stefan Gries - MA economics & Spanish (University of St. Andrews), started his career in 2005 as European equity analyst and portfolio assistant at Scottish Widows Investment Partnership. He joined BlackRock's European equity team in 2008 and is responsible for covering the energy sector.
Vincent Devlin27/02/2009Vincent Devlin, Managing Director and portfolio manager, is a member of the European Equity team within the Fundamental Equity division of BlackRock's Portfolio Management Group. He is responsible for continental European portfolio management, adopting a flexible style.Mr. Devlin joined BlackRock in 2008 from Scottish Widows Investment Partnership (SWIP), where he was an Investment Director responsible for managing continental European and Euroland retail unit trusts. Prior to joining SWIP in 2000, he was with Insight Investments from 1998 to 2000, as an investment manager for European portfolios. He began his career in 1994 with Co-operative Insurance Society, where he was an assistant investment manager, responsible for managing emerging market and European portfolios. Mr. Devlin earned a BSc and an MEng, with honours, both in electrical and electronic engineering from the University of Manchester in 1992.
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, Guernsey, Hungary, Ireland, Italy, Jersey, Luxembourg, Netherlands, Norway, Offshore, Poland, Portugal, Sweden
BlackRock SF European Absolute Return A2 EUR
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.86%
Total expense ratio (TER)3.46%
Bid price-
Offer price-
Mid price130.48
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFLR6
BlackRock SF European Absolute Return A4 EUR
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.86%
Total expense ratio (TER)3.46%
Bid price-
Offer price-
Mid price130.33
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFLR7
BlackRock SF European Absolute Return D2 CHF
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)2.86%
Bid price-
Offer price-
Mid price132.31
CurrencyCHF
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0Z3W
BlackRock SF European Absolute Return D2 EUR
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.36%
Total expense ratio (TER)2.86%
Bid price-
Offer price-
Mid price134.21
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFLR8
BlackRock SF European Absolute Return D2RF Hedged GBP
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.36%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price136.73
CurrencyGBP
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF1OI
BlackRock SF European Absolute Return D4 EUR
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.36%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price131.97
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF36F
BlackRock SF European Absolute Return E2 EUR
Initial charge3%
Annual charge2%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.36%
Total expense ratio (TER)3.93%
Bid price-
Offer price-
Mid price126.77
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFLR9
BlackRock SF European Absolute Return I2 EUR
Initial charge-
Annual charge1%
Min single investment£10,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)2.92%
Bid price-
Offer price-
Mid price135.5
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG0CU
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.