BlackRock European Absolute Alpha D Acc

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Performance History30/11/2021
Growth of 1,000 (GBP) Advanced Graph
BlackRock European Absolute Alpha D Acc
Fund5.04.82.99.97.8
+/-Cat-----
+/-B’mrk-----
 
Key Stats
NAV
03/12/2021
 GBX 171.60
Day Change 0.35%
Morningstar Category™ Equity Market Neutral Other
IA (formerly IMA) Sector Targeted Absolute Return
ISIN GB00B4Y62W78
Fund Size (Mil)
30/11/2021
 GBP 599.64
Share Class Size (Mil)
-
 -
Max Initial Charge -
Ongoing Charge
23/04/2021
  0.91%
Morningstar Research
Analyst Report

BlackRock European Absolute Alpha’s changes at the helm continue to limit our conviction, but there are things to like here. With its Average People and Process ratings, it earns a Morningstar Analyst Rating of Neutral across most share classes....

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleAverage
ParentAbove Average
ProcessAverage
Performance
Price
Investment Objective: BlackRock European Absolute Alpha D Acc
The fund seeks to achieve a positive absolute return for investors and, as such, the Fund will not be managed against any European equity index. The Fund will seek to achieve this investment objective by taking long positions and using derivatives to take synthetic long and synthetic short investment positions. The Fund primarily aims to gain investment exposure to equities and equity-related securities of, or giving exposure to, companies incorporated or listed in the European Economic Area and Switzerland. In order to gain this exposure, the Fund invests primarily in derivatives, equities and equity-related securities and, when determined appropriate, cash and near cash. The Fund may also invest in other transferable securities, permitted money-market instruments, permitted deposits and units in collective investment schemes.
Returns
Trailing Returns (GBP)03/12/2021
YTD7.59
3 Years Annualised6.94
5 Years Annualised6.07
10 Years Annualised4.72
12 Month Yield 0.00
Management
Manager Name
Start Date
David Tovey
20/06/2017
Stefan Gries
01/07/2013
Inception Date
31/03/2009
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
ICE LIBOR 3 Month EUR-
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeYes
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  BlackRock European Absolute Alpha D Acc31/10/2021
Morningstar Style Box®
Equity Style
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock58.9048.6010.30
Bond0.060.000.06
Property0.000.000.00
Cash95.345.7089.64
Other0.000.000.00
Fixed Income
Effective Maturity-
Effective Duration-
Top 5 Regions%
Europe - ex Euro48.96
Eurozone27.44
United Kingdom19.67
United States3.93
Canada0.00
Top 5 Sectors%
Healthcare33.31
Basic Materials17.01
Consumer Defensive11.63
Technology10.68
Industrials9.26
Top 5 HoldingsSector%
BlackRock ICS Stlg LiqEnvtlyAwr ... 9.40
Lonza Group LtdHealthcareHealthcare4.09
Royal UNIBREW A/SConsumer DefensiveConsumer Defensive3.47
DSV ASIndustrialsIndustrials3.21
VAT Group AGCFD2.47
BlackRock European Absolute Alpha D Acc

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In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)