Fact sheet: Blackrock Inst Eq Cont Eur

Fund information
Fund name
Blackrock Institutional Equity Continental Europe A
Fund manager company
BlackRock Invest Mgrs UK Ltd
Fund type
Unit Trust
Fund managers
  • Vincent Devlinsince 31/03/2015
  • Stefan Griessince 31/03/2015
Fund objective
The Fund aims to maximise the long-term total return by investing mainly in equities and convertible securities of companies incorporated in Continental Europe (including Scandinavia) and the Republic of Ireland.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
10%
1 Year rank in sector
3/14
Sector
UT Europe Including 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.
102
Bid price
49022.09
Offer price
49169.46
Top in this sector
Fund name1 Year
M&G Eurpn Strat Value13.7%
M&G Pan European Select11.6%
Blackrock Inst Eq Cont Eur10%
Fidelity Pan European9.1%
GAM European Gth & Val8.8%
...more in UT Europe Including UK

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6.3%-2.3%5.9%10%--
Sector-5.1%-1.9%5.1%5.9%12.5%59.1%
Rank within sector10 / 169 / 167 / 153 / 14--
Quartile3rd3rd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund7.9%15%---
Sector5.6%7.7%-2.3%25.5%15.3%
Rank within sector5 / 142 / 14---
Quartile2nd1st
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high53253.29
52 week low40896.84
Current bid price49022.09
Current offer price49169.46
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
BlackRock
Fund manager company
BlackRock Invest Mgrs UK Ltd
Fund type
Unit Trust
Fund objective
The Fund aims to maximise the long-term total return by investing mainly in equities and convertible securities of companies incorporated in Continental Europe (including Scandinavia) and the Republic of Ireland.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Vincent Devlin31/03/2015Vincent 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.
Stefan Gries31/03/2015Stefan 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.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Blackrock Institutional Equity Continental Europe A
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price49022.09
Offer price49169.46
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM20R
Blackrock Institutional Equity Continental Europe A Acc
-
-
-
-
-
-
Total expense ratio (TER)-
Bid price96.129
Offer price96.4179
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNG7I
Data provided by

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