Equity

BlackRock European Absolute Alpha Fund

Overview

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.
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Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
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Reinvestments

This fund does not have any distributions data as of now.
  From
31-Dec-2016
To
31-Dec-2017
From
31-Dec-2017
To
31-Dec-2018
From
31-Dec-2018
To
31-Dec-2019
From
31-Dec-2019
To
31-Dec-2020
From
31-Dec-2020
To
31-Dec-2021
Total Return (%)

as of Dec 31, 2021

4.19 4.10 2.27 9.33 7.93
Benchmark (%)

as of Dec 31, 2021

0.33 0.64 0.81 0.49 0.07
  1Y 3Y 5Y 10y Incept.
7.93 6.47 5.53 3.98 4.12
Benchmark (%)

as of Dec 31, 2021

0.07 0.47 0.47 0.55 0.62
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
7.93 0.63 5.29 7.93 20.68 30.90 47.77 67.26
Benchmark (%)

as of Dec 31, 2021

0.07 0.02 0.03 0.07 1.42 2.40 5.68 8.25
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Key Facts

Key Facts

Size of Fund (Millions) as of Jan 21, 2022 GBP 591.069
Price Yield as of Jan 24, 2022 0.00
Number of Holdings as of Dec 31, 2021 116
Base Currency British Pound
Fund Inception Date Mar 31, 2009
Share Class Inception Date Mar 31, 2009
Asset Class Equity
Benchmark Index 3 Month SONIA Compounded in Arrears + 11.9 basis points spread
Investment Association Category -
Domicile United Kingdom
Regulatory Structure UCITS
Management Company BlackRock Fund Managers Ltd
Ongoing Charge 1.67%
ISIN GB00B4Y62T40
Bloomberg Ticker BLEUAPA
Annual Management Fee 1.50%
Initial Charge 5.00%
Performance Fee 20.00%
SEDOL B4Y62T4
Bloomberg Benchmark Ticker LBP3
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment GBP 500
Minimum Subsequent Investment GBP 100
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Dec 31, 2021 0.12
3y Beta as of Dec 31, 2021 1.585
5y Volatility - Benchmark as of Dec 31, 2021 0.10
5y Beta as of Dec 31, 2021 1.457

ESG Integration

ESG Integration

ESG integration is the practice of incorporating material environmental, social and governance (ESG) information or insights alongside traditional measures into the investment decision process to improve long term financial outcomes of portfolios. Unless otherwise stated in Fund documentation or included within the Fund’s investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective, but rather describes how ESG information is considered as part of the overall investment process.


The Fund manager includes ESG considerations in combination with other information in the research and decision phases of the investment process. This may include relevant third-party insights, as well as internal engagement commentary and input from BlackRock Investment Stewardship on governance issues. The Fund manager conducts regular portfolio reviews with the Risk and Quantitative Analysis group and with the Chief Investment Officers. These reviews include discussion of the portfolio’s exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

Ratings

Ratings

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Dec 31, 2021
Name Weight (%)
LONZA GROUP AG 2.96
ROYAL UNIBREW A/S 2.92
DSV A/S 2.56
NOVO NORDISK A/S 2.24
RELX PLC 1.99
Name Weight (%)
SIKA AG 1.77
LVMH MOET HENNESSY LOUIS VUITTON SE 1.77
STRAUMANN HOLDING AG 1.67
IMCD NV 1.66
VAT GROUP AG 1.63
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Dec 31, 2021

% of Market Value

Type Long Short Net
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management. Allocations are subject to change.

Pricing & Exchange

Investor Class Distribution Frequency Bid Price ISIN TIS
Class P Accumulating 1.51 GB00B4Y62T40 -
X - 1.20 GB00BFK3LQ65 -
D Accumulating 1.65 GB00B4Y62W78 -

Portfolio Managers

Portfolio Managers

Stephanie Bothwell
Stephanie Bothwell
Stefan Gries
Stefan Gries

Literature

Literature