Equity

BlackRock Advantage Europe Equity Fund

  • NAV as of 18/Nov/2025 EUR 195.54
    52 WK: 157.73 - 203.42
  • 1 Day NAV Change as of 18/Nov/2025 -4.13 (-2.07%)
  • Morningstar Rating

Overview

Investment Approach


The Fund aims to achieve long-term capital growth on your investment.

The Fund seeks to gain at least 70% of its investment exposure to equity securities (e.g. shares) of companies domiciled in, listed in, or the main business of which is in, Europe. The Fund will invest in equity securities, other equity-related securities and, when determined appropriate fixed income (FI) securities (such as bonds), money market instruments (MMIs) (i.e. debt securities with short-term maturities), deposits and cash. The FI securities and MMIs may be issued by governments, government agencies, companies and supranationals (e.g. the International Bank for Reconstruction and Development) and will be investment grade (i.e. meet a specified level of credit worthiness) at the time of purchase.

The Fund will use quantitative (i.e. mathematical or statistical) models in order to achieve a systematic (i.e. rule based) approach to stock selection, based on their expected contribution to portfolio returns when risk and transaction cost forecasts are taken into account.

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.

The value of equities and equity-related securities can be affected by daily stock market movements. Other influential factors include political, economic news, company earnings and significant corporate events.

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

Chart

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Source: For UK-domiciled funds (such as the BlackRock Retail Authorised Unit Trusts and BlackRock Collective Investment Funds 'BCIF'), performance is shown on a bid to bid price basis, with net income reinvested, in the currency indicated on the chart. Performance is shown net of fees. For Luxembourg-domiciled funds (such as BlackRock Global Funds 'BGF' and BlackRock Strategic Funds 'BSF'), performance is shown on a net asset value basis, with gross income reinvested, in the currency indicated in the chart. Performance is shown net of fees. Past performance is not a guide to future performance.

This chart shows the product's performance as the percentage loss or gain per year over the last 6 years.

  2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Return (%) EUR 25.3 -1.6 32.3 -8.0 18.5 10.4
Constraint Benchmark 1 (%) EUR 26.0 -3.3 25.1 -9.5 15.8 8.6

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

  1y 3y 5y 10y Incept.
Total Return (%) EUR 18.83 16.78 16.75 - 9.79
Constraint Benchmark 1 (%) EUR 15.88 14.34 13.87 - 7.95
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
Total Return (%) EUR 17.55 3.23 6.46 12.52 18.83 59.27 116.96 - 99.65
Constraint Benchmark 1 (%) EUR 15.23 2.56 5.39 9.70 15.88 49.47 91.46 - 76.25
  From
30-Sept-2020
To
30-Sept-2021 		From
30-Sept-2021
To
30-Sept-2022 		From
30-Sept-2022
To
30-Sept-2023 		From
30-Sept-2023
To
30-Sept-2024 		From
30-Sept-2024
To
30-Sept-2025
Total Return (%) EUR

as of 30/Sept/2025

31.53 -7.83 21.38 21.34 11.06
Constraint Benchmark 1 (%) EUR

as of 30/Sept/2025

28.76 -11.04 19.22 18.80 9.31

The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

Key Facts

Key Facts

Net Assets of Fund
as of 18/Nov/2025
EUR 920,646,495
Fund Launch Date
04/Jun/2018
Fund Base Currency
EUR
Constraint Benchmark 1
MSCI Europe Index (EUR)
SDR classification
ESG Overseas
Ongoing Charges Figures
0.00%
ISIN
IE00BFZP8551
Minimum Initial Investment
USD 1,000,000.00
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
Europe Large-Cap Blend Equity
Dealing Frequency
Daily, forward pricing basis
SEDOL
BFZP855
Share Class launch date
04/Jun/2018
Share Class Currency
EUR
Asset Class
Equity
SFDR Classification
Article 8
Initial Charge
-
Management Fee
0.00%
Performance Fee
0.00%
Minimum Subsequent Investment
USD 10,000.00
Domicile
Ireland
Management Company
BlackRock Asset Management Ireland Limited
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BRAEXEA

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 31/Oct/2025
178
3y Beta
as of 31/Oct/2025
1.025
P/B Ratio
as of 31/Oct/2025
2.20
Standard Deviation (3y)
as of 31/Oct/2025
10.62%
P/E Ratio
as of 31/Oct/2025
18.29

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Ratings

Morningstar Rating

5 stars
Overall Morningstar Rating for BlackRock Advantage Europe Equity Fund, Class X Acc, as of 31/Oct/2025 rated against 1789 Europe Large-Cap Blend Equity Funds.

Holdings

Holdings

as of 31/Oct/2025
Name Weight (%)
ASML HOLDING NV 3.56
SAP SE 2.50
IBERDROLA SA 2.46
NOVARTIS AG 2.39
ABB LTD 2.36
Name Weight (%)
ASTRAZENECA PLC 2.18
L AIR LIQUIDE SA POUR L ETUDE ET L EXPLO DES PROCEDES GEORGES CLAUDE SA 2.15
INTESA SANPAOLO SPA 2.15
SIEMENS AG 1.95
SANOFI SA 1.83
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31/Oct/2025

% of Market Value

Type Fund Benchmark Net
as of 31/Oct/2025

% of Market Value

Type Fund Benchmark Net
as of 31/Oct/2025

% 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 NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Class X Acc EUR 195.54 -4.13 -2.07 18/Nov/2025 203.42 157.73 IE00BFZP8551
Class D Hedged Acc CHF 178.07 -3.76 -2.07 18/Nov/2025 185.30 146.17 IE00BFZP8338
Class D Acc EUR 190.47 -4.03 -2.07 18/Nov/2025 198.16 154.00 IE00BDFD9C92
Class A Acc EUR 187.77 -3.97 -2.07 18/Nov/2025 195.36 152.11 IE00BDDRH300
Class S Acc EUR 110.02 -2.33 -2.07 18/Nov/2025 114.46 100.00 IE0005ND6NZ2
Class D Hedged Acc USD 222.52 -4.71 -2.07 18/Nov/2025 231.44 176.57 IE00BFZP8445
Class D Hedged Acc GBP 204.85 -4.34 -2.07 18/Nov/2025 213.07 163.29 IE00BG1DFD73

Portfolio Managers

Portfolio Managers

Simon Weinberger
Simon Weinberger
Muzo Kayacan
Muzo Kayacan

ESG Integration

ESG Integration

BlackRock considers many investment risks in our processes. In order to seek the best risk-adjusted returns for our clients, we manage material risks and opportunities that could impact portfolios, including financially material Environmental, Social and/or Governance (ESG) data or information, where available. See our Firm Wide ESG Integration Statement for more information on this approach and fund documentation for how these material risks are considered within this product, where applicable.

Literature

Literature