Fact sheet: LV= BlackRock European Dyn Pn

Fund information
Fund name
LV= BlackRock European Dynamic Pn S2
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund managers
  • Alister Hibbertsince 01/03/2008
Underlying fund
BlackRock European Dyn
Fund objective
The Fund aims to achieve long-term capital growth on your investment. The Fund invests primarily in the shares of companies incorporated or listed in Europe, but excluding the United Kingdom. Depending on market conditions, the Fund will invest in shares of companies that are, in the Portfolio Manager's opinion, undervalued or have good growth potential.
Benchmark
  • FTSE World Europe EX UK
Investment style
None
Investment method
Shares
Quick stats
1 Year return
24.6%
1 Year rank in sector
248/359
Sector
PN Europe Excluding UK
Yield
-
Fund size
£2m (£2m 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.
104
Bid price
260.6
Offer price
274.3
Top in this sector
Fund name1 Year
Zurich Nept EuroOppsPn45.5%
Scot Eq Neptune Eur Opps Pn45.4%
RLP EurSpl(NeptuneEurpOpp)Pn44.2%
SIP Neptune Eurpn Opps Pn43.9%
L&G Neptune European Opps Pn43.3%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • France17.9%
    Germany16.2%
    Denmark14.7%
    Switzerland12.8%
    Sweden10%
  • Industrials24.9%
    Financials19.6%
    Consumer Goods17.6%
    Technology11.9%
    Consumer Services7.2%
  • French Equities17.9%
    German Equities16.2%
    Danish Equities14.7%
    Swiss Equities12.8%
    Swedish Equities10%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund6.7%2.6%11.1%24.6%30.9%117%
Sector6.6%4%13.8%26.9%28.4%91.7%
Rank within sector146 / 367254 / 369271 / 368248 / 35999 / 34132 / 313
Quartile2nd3rd3rd3rd2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund3.5%13.7%15.6%-0.7%27.9%
Sector3.5%15.8%9.4%-0.2%25.6%
Rank within sector171 / 367254 / 35931 / 353205 / 34193 / 329
Quartile2nd3rd1st3rd2nd
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.
1.8
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.
0.91
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.
0.51
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%.
11.38
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.
4.3
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.
0.24
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.
0.86
Price movement
52 week high258
52 week low196
Current bid price260.6
Current offer price274.3
Current mid price-
Region
1France17.93%
2Germany16.21%
3Denmark14.68%
4Switzerland12.78%
5Sweden9.97%
6Netherlands7.14%
7Ireland5.58%
8UK4.9%
9Spain3.36%
Industry sector
1Industrials24.85%
2Financials19.58%
3Consumer Goods17.64%
4Technology11.9%
5Consumer Services7.23%
6Basic Materials6.64%
7Health Care6.45%
8Money Market2.27%
9Telecommunications1.65%
Asset type
1French Equities17.93%
2German Equities16.21%
3Danish Equities14.68%
4Swiss Equities12.78%
5Swedish Equities9.97%
6Dutch Equities7.14%
7Irish Equities5.58%
8UK Equities4.9%
9Spanish Equities3.36%
Individual holdings
1AXA3.92%
2RELX NV3.3%
3BAYER AG3.02%
4EIFFAGE2.95%
5SAP SE2.9%
6ASML HOLDING NV2.84%
7CRH2.81%
8COMPAGNIE FINANCIERE RICHEMONT SA2.72%
9DSV2.63%
Management
Fund manager group
LVFS
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund objective
The Fund aims to achieve long-term capital growth on your investment. The Fund invests primarily in the shares of companies incorporated or listed in Europe, but excluding the United Kingdom. Depending on market conditions, the Fund will invest in shares of companies that are, in the Portfolio Manager's opinion, undervalued or have good growth potential.
Benchmark
  • FTSE World Europe EX UK
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Alister Hibbert01/03/2008Alister Hibbert, Managing Director and portfolio manager, is a member of the European Equity team within the Fundamental Equity division of BlackRock's Alpha Strategies Group. He has responsibility for continental European portfolio management, adopting a flexible style, as well as being the lead portfolio manager of a long/short equity absolute return fund. Prior to joining BlackRock in 2008, Mr. Hibbert was an investment director with Scottish Widows Investment Partnership from 2005, responsible for continental European portfolios. Mr. Hibbert was a European equity portfolio manager with Oechsle International from 2004-2005, and Invesco Perpetual from 1996-2004. He began his career with Ernst & Young in 1994. Mr. Hibbert earned a BSc degree in economics from Bristol University in 1992.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
LV= BlackRock European Dynamic Pn
Initial charge-
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.49%
Bid price283.2
Offer price298
Mid price-
CurrencyGBX
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBNF8
LV= BlackRock European Dynamic Pn S2
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.94%
Bid price260.6
Offer price274.3
Mid price-
CurrencyGBX
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF2P7
Data provided by

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