Fact sheet: BlackRock Eurpn Abs Alpha

Fund information

Fund name
BlackRock European Absolute Alpha D Acc
Fund company manager
BlackRock
Fund type
UKA
Fund manager(s)
Stefan Gries
since 01/07/2013
David Tovey
since 20/06/2017
Fund objective
The Fund aims to achieve positive absolute returns for investors through a combination of capital growth and income on your investment and, as such, the Fund will not be managed against any European equity index. The Fund aims to deliver absolute (more than zero) returns on a 12 month basis in any market conditions. However, an absolute return is not guaranteed over a 12 month or any period and the Fund may experience periods of negative return. The Funds capital is at risk. The Fund primarily aims to gain investment exposure to equity securities (e.g. shares) and equity-related securities of, or giving exposure to, companies incorporated or listed in the European Economic Area and Switzerland. In order to achieve its objective, the Fund invests primarily in derivatives, shares and other equity-related securities and when determined appropriate fixed income securities (such as bonds), money-market instruments (MMIs), deposits and cash. Derivatives are investments the prices of which are based on one or more underlying assets. MMIs are debt instruments with short-term maturities. The Fund can use derivatives as part of its investment strategy. This can increase the risk profile of the Fund.
Benchmark
3 Month LIBOR
Investment style
Absolute Return
Investment method
Shares

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

1.2 %

1 Year rank in sector

55/73

Sector

UT Targeted Absolute Return

Yield
-
Fund size

£ 63.1 m

FE Risk score

31

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Denmark
    5.3%
  • Switzerland
    5.29%
  • Belgium
    1.56%
  • Finland
    1.27%
  • Ireland
    0.79%
  • Industrials
    8.38%
  • Health Care
    7.1%
  • Information Technology
    5.03%
  • Financials
    2.05%
  • Consumer Staples
    0.32%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.74 %5.37 %1.2 %12.1 %16.94 %
Sector0.64 %2.18 %3.15 %9.27 %16.38 %
Rank within sector30 / 788 / 7655 / 7323 / 5926 / 50
Quartile th2 nd1 st4 th2 nd3 rd

Calendar performance

YTD-20172016201520142013
Fund5.62 %-5.18 %9.39 %0.98 %5.07 %
Sector2.98 %0.97 %2.2 %2.51 %6.51 %
Rank within sector17 / 7663 / 697 / 6447 / 5531 / 50
Quartile th1 st4 th1 st4 th3 rd

Risk statistics

Alpha2.34
Beta0.48
Sharpe-
Volatility3.69
Tracking error3.7
Information ratio0.28
R-Squared0.05

Price movement

52 week high135.7
52 week low126.6
Current bid price135.3
Current offer price135.4
Current mid price0

Holdings by region

  • 5.3% Denmark
  • 5.29% Switzerland
  • 1.56% Belgium
  • 1.27% Finland
  • 0.79% Ireland
  • 0.54% Netherlands
  • 0.47% Austria
  • 0.17% Spain
  • -0.09% Sweden
  • -0.15% Germany

Holdings by sector

  • 8.38% Industrials
  • 7.1% Health Care
  • 5.03% Information Technology
  • 2.05% Financials
  • 0.32% Consumer Staples
  • -0.93% Utilities
  • -1.05% Materials
  • -2.67% Real Estate
  • -3.29% Consumer Discretionary
  • -4.61% Energy

Holdings by asset type

-

Individual holdings

  • 2.55% LONZA GROUP AG
  • 2.47% NETS DENMARK A/S
  • 2.26% BRITISH AMERICAN TOBACCO
  • 2.13% STRAUMANN HLDG
  • 1.92% ASSOCIATED BRITISH FOODS
  • 1.88% KUEHNE UND NAGEL INTERNATIONAL AG
  • 1.87% DSV
  • 1.75% INDUSTRIA DE DISENO TEXTIL SA
  • 1.7% WEIR GROUP
  • 1.69% STABILUS SA