Equity

ACS Continental European Equity Tracker 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.

All currency hedged share classes of this fund use derivatives to hedge currency risk. The use of derivatives for a share class could pose a potential risk of contagion (also known as spill-over) to other share classes in the fund. The fund’s management company will ensure appropriate procedures are in place to minimise contagion risk to other share class. Using the drop down box directly below the name of the fund, you can view a list of all share classes in the fund – currency hedged share classes are indicated by the word “Hedged” in the name of the share class. In addition, a full list of all currency hedged share classes is available on request from the fund’s management company

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Performance

Performance

Growth of Hypothetical 10,000

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  2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Total Return (%) -9.39 21.16 9.09 16.47 -7.41
Target Benchmark 1 (%) -9.31 21.24 9.23 16.73 -7.66
  1Y 3Y 5Y 10y Incept.
-7.41 5.56 5.25 - 5.44
Target Benchmark 1 (%)

as of Dec 31, 2022

-7.66 5.60 5.30 - 5.51
  YTD 1m 3M 6M 1Y 3Y 5Y 10y Incept.
-7.41 0.05 12.30 10.52 -7.41 17.64 29.16 - 34.70
Target Benchmark 1 (%)

as of Dec 31, 2022

-7.66 0.05 12.27 10.49 -7.66 17.74 29.46 - 35.24
  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
From
31-Dec-2021
To
31-Dec-2022
Total Return (%)

as of Dec 31, 2022

-9.39 21.16 9.09 16.47 -7.41
Target Benchmark 1 (%)

as of Dec 31, 2022

-9.31 21.24 9.23 16.73 -7.66
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

Net Assets of Fund as of Feb 1, 2023 GBP 865,772,592
Share Class Inception Date May 15, 2017
Fund Inception Date May 15, 2017
Share Class Currency GBP
Base Currency GBP
Asset Class Equity
Target Benchmark 1 FTSE Developed Europe ex UK Custom ESG Screened Index
SFDR Classification -
Investment Association Category -
Initial Charge 0.00%
Ongoing Charge 0.02%
Annual Management Fee 0.00%
Performance Fee 0.00%
Minimum Initial Investment GBP 10000000
Minimum Subsequent Investment GBP 100
Use of Income Accumulating
Domicile United Kingdom
Regulatory Structure UCITS
Management Company BlackRock Fund Managers Ltd
Morningstar Category Europe ex-UK Equity
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Bloomberg Ticker ACCETX1 LN
ISIN GB00BYQLTD03
SEDOL BYQLTD0

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of Dec 30, 2022 444
Standard Deviation (3y) as of Dec 31, 2022 18.22%
3y Beta as of Dec 31, 2022 0.998
P/E Ratio as of Dec 30, 2022 12.85
P/B Ratio as of Dec 30, 2022 1.86

Ratings

Ratings

Morningstar Rating

4 stars
Overall Morningstar Rating for ACS Continental European Equity Tracker Fund, Class X1, as of Jan 31, 2023 rated against 589 Europe ex-UK Equity Funds.

Risk Indicator

Risk Indicator

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Low Yield High Yield

Holdings

Holdings

as of Dec 30, 2022
Name Weight (%)
NESTLE SA 4.58
ROCHE HOLDING PAR AG 3.20
ASML HOLDING NV 3.17
NOVO NORDISK CLASS B 3.09
NOVARTIS AG 2.68
Name Weight (%)
LVMH 2.65
TOTALENERGIES 2.11
SAP 1.67
SIEMENS N AG 1.53
SANOFI SA 1.53
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Dec 30, 2022

% of Market Value

Type Fund Benchmark Net
as of Dec 30, 2022

% of Market Value

Type Fund Benchmark Net
as of Dec 30, 2022

% of Market Value

Type Fund Benchmark 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

Pricing & Exchange

Investor Class Currency Distribution Frequency Bid Price Offer Price ISIN TIS
Class X1 GBP - - - GB00BYQLTD03 -

Portfolio Managers

Portfolio Managers

Kieran Doyle
Kieran Doyle
EMEA Beta Instl PM Group
EMEA Beta Instl PM Group

Literature

Literature