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
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

Quick stats

1 Year return

-2.38 %

1 Year rank in sector

64/71

Sector

UT Targeted Absolute Return

Yield
-
Fund size

£ 75.2 m

FE Risk score

29

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    8.76%
  • Switzerland
    4.13%
  • Denmark
    4.1%
  • Netherlands
    3.97%
  • Ireland
    0.93%
  • Health Care
    7.23%
  • Information Technology
    5.97%
  • Industrials
    4.02%
  • Consumer Discretionary
    2.21%
  • Financials
    0.63%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.7 %2.9 %-2.38 %8.6 %15.67 %
Sector0.28 %2.3 %4.96 %7.63 %18.73 %
Rank within sector3 / 7829 / 7764 / 7126 / 5731 / 49
Quartile th1 st2 nd4 th2 nd3 rd

Calendar performance

YTD-20172016201520142013
Fund2.58 %-5.18 %9.39 %0.98 %5.07 %
Sector2.18 %0.97 %2.2 %2.51 %6.51 %
Rank within sector34 / 7763 / 707 / 6447 / 5531 / 50
Quartile th2 nd4 th1 st4 th3 rd

Risk statistics

Alpha1.34
Beta0.38
Sharpe-0
Volatility3.54
Tracking error3.64
Information ratio-0.09
R-Squared0.03

Price movement

52 week high135.2
52 week low126.6
Current bid price131.4
Current offer price131.5
Current mid price0

Holdings by region

  • 8.76% UK
  • 4.13% Switzerland
  • 4.1% Denmark
  • 3.97% Netherlands
  • 0.93% Ireland
  • 0.74% Belgium
  • 0.37% Austria
  • -0.28% Portugal
  • -0.55% Spain
  • -0.63% Finland

Holdings by sector

  • 7.23% Health Care
  • 5.97% Information Technology
  • 4.02% Industrials
  • 2.21% Consumer Discretionary
  • 0.63% Financials
  • 0.58% Consumer Staples
  • -0.65% Real Estate
  • -0.71% Materials
  • -1.25% Utilities
  • -1.33% Telecommunications

Holdings by asset type

-

Individual holdings

  • 1.66% KONINKLIJKE KPN NV
  • 1.63% RECKITT BENCKISER GROUP PLC
  • 1.49% ASSOCIATED BRITISH FOODS
  • 1.47% COMPAGNIE FINANCIERE RICHEMONT SA
  • 1.45% DSV
  • 1.41% TELENET GROUP HLDG NV
  • 1.38% RELX NV
  • 1.37% STABILUS SA
  • 1.34% LONZA GROUP AG
  • 1.32% NETS DENMARK A/S