BlackRock European Absolute Alpha D Acc

Register to Unlock Ratings
Performance History30/04/2021
Growth of 1,000 (GBP) Advanced Graph
BlackRock European Absolute Alpha D Acc
Fund5.04.82.99.9-1.0
+/-Cat-----
+/-B’mrk-----
 
Key Stats
NAV
06/05/2021
 GBX 157.90
Day Change -0.32%
Morningstar Category™ Equity Market Neutral Other
IA (formerly IMA) Sector Targeted Absolute Return
ISIN GB00B4Y62W78
Fund Size (Mil)
30/04/2021
 GBP 543.53
Share Class Size (Mil)
-
 -
Max Initial Charge -
Ongoing Charge
23/04/2021
  0.91%
Morningstar Research
Analyst Report

BlackRock European Absolute Alpha is run by a management duo that has shown some signs of good execution, but reservations on the wider team continue to limit our conviction. We have therefore retained Average People and Process ratings. Under...

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)06/05/2021
YTD-1.00
3 Years Annualised5.28
5 Years Annualised3.46
10 Years Annualised4.64
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
Advertisement
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 Acc31/03/2021
Morningstar Style Box®
Equity Style
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock51.9339.1112.82
Bond0.060.000.06
Property0.000.000.00
Cash92.215.1087.12
Other0.000.000.00
Fixed Income
Effective Maturity-
Effective Duration-
Top 5 Regions%
Europe - ex Euro48.79
United Kingdom23.81
Eurozone22.27
United States5.13
Canada0.00
Top 5 Sectors%
Healthcare29.99
Industrials12.58
Basic Materials11.90
Consumer Defensive10.68
Consumer Cyclical9.84
Top 5 HoldingsSector%
BlackRock ICS Stlg LiqEnvtlyAwr ... 7.53
DSV Panalpina ASIndustrialsIndustrials3.60
Lonza Group LtdHealthcareHealthcare3.12
Royal UNIBREW A/SConsumer DefensiveConsumer Defensive3.07
Teleperformance SECFD2.30
BlackRock European Absolute Alpha D Acc

Related

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)

Audience Confirmation


By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites
© Copyright 2021 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies       Modern Slavery Statement