BlackRock European Absolute Alpha Fund X GBP Acc

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Performance History30/04/2024
Growth of 1,000 (GBP) Advanced Graph
BlackRock European Absolute Alpha Fund X GBP Acc
Fund13.912.1-2.67.76.1
+/-Cat-----
+/-B’mrk8.312.410.61.77.2
 
Key Stats
NAV
24/05/2024
 GBP 1.43
Day Change 0.16%
Morningstar Category™ Equity Market Neutral GBP
IA (formerly IMA) Sector Targeted Absolute Return
ISIN GB00BFK3LQ65
Fund Size (Mil)
30/04/2024
 GBP 339.56
Share Class Size (Mil)
-
 -
Max Initial Charge -
Ongoing Charge
09/02/2024
  -
Investment Objective: BlackRock European Absolute Alpha Fund X GBP Acc
The aim of the Fund is to provide a positive absolute return on your investment (i.e. an increase in the overall value of the Fund) (gross of fees) over any 12 month period regardless of market conditions. The Fund’s target, which is used in the calculation of performance fees after all other fees, is to have a return greater than 3 Month SONIA compounded in arrears plus 11.9 basis point spread over the relevant 12 month period. The Fund will invest at least 70% of its total assets in derivatives, equity securities, equity related securities (i.e. other investments whose value is related to equities) and money market instruments (i.e. debt securities with short term maturities), cash or assets that can be turned into cash quickly. Derivatives will be used to further the investment objective of the Fund. Derivatives may also be used seek to reduce risk (relevant to the investment objective) within the Sub-Fund, reduce investment costs and generate additional income for the Sub-Fund.
Returns
Trailing Returns (GBP)24/05/2024
YTD6.31
3 Years Annualised7.99
5 Years Annualised-
10 Years Annualised-
12 Month Yield 0.67
Management
Manager Name
Start Date
Stefan Gries
01/07/2013
Stephanie Bothwell
26/02/2021
Inception Date
28/05/2019
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
3 month SONIA TR GBPMorningstar UK Cau Tgt Alloc NR GBP
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 Fund X GBP Acc30/04/2024
Morningstar Style Box®
Equity Style
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock65.7958.247.55
Bond0.120.000.12
Property0.000.000.00
Cash95.953.6292.33
Other0.000.000.00
Fixed Income
Effective Maturity-
Effective Duration-
Top 5 Regions%
Eurozone51.46
Europe - ex Euro25.71
United Kingdom15.59
United States7.23
Canada0.00
Top 5 Sectors%
Financial Services22.88
Basic Materials20.93
Industrials20.68
Healthcare16.99
Technology15.29
Top 5 HoldingsSector%
BlackRock ICS Stlg LiqEnvtlyAwr ... 7.33
Novo Nordisk A/S Class BHealthcareHealthcare4.64
Linde PLCBasic MaterialsBasic Materials2.97
RELX PLCIndustrialsIndustrials2.86
London Stock Exchange Group PLCFinancial ServicesFinancial Services2.58
BlackRock European Absolute Alpha Fund X GBP Acc

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