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Contact details

ManagerGroupLogo
6D, route de Treves,
L-2633 Senningerberg,
Grand-duchy of Luxembourg
020 7743 1143 (Fax Number)
084 5740 5405 (Main Number)

investor.services@blackrock.com

Fund managers

* Robert Fisher»06-Aug-2010 to Present
* Simon Wainwright»06-Aug-2010 to Present


Investment objectives

The BlackRock European Diversified Equity Absolute Return Fund seeks to achieve a positive absolute return for investors regardless of market movements.The Fund will seek to achieve this investment objective by taking long, synthetic long and synthetic short investment exposures.The Fund will seek to gain at least 70% ofi ts investment exposure through equities and equity-related securities (including derivatives) of, or giving exposure to, companies domiciled in, or exercising the predominant part of their economic activity in Europe. The Fund will seek to achieve this investment objective by investing at least 70% ofi ts total assets in equities and equity-related securities and, when determined appropriate, cash and near-cash instruments. The Fund will be highly diversified across the universe of European equities, whilst seeking to minimise net exposure to underlying European equity markets.In order to achieve the investment objective and policy the Fund will invest in a variety ofi nvestment strategies and instruments. The main strategy which the Investment Adviser intends to pursue in order to assist it in achieving an absolute return is a market neutral strategy. This means it uses derivatives (synthetic short or synthetic long positions)to reduce or mitigate the directional market risk (i.e. the risk associated with the market moving in one direction, up or down) relating to the instruments it has exposure to (via long positions or synthetic positions).As the Fund seeks to be highly diversified it will make extensive use of derivatives;using them to gain investment exposure to instruments and at same time to mitigate the directional market risk of those instruments.It intends to take full advantage of the ability to invest in derivatives providing synthetic long and/or synthetic short positions with the aim of maximising positive returns. The main type of derivatives which the Fund will use is contracts for differences.

Performance

performance chart
chart
    1y 3y 5y 12m-24m 24m-36m 36m-48m 48m-60m
+8.0 +3.2 n/a +7.8 -11.4 n/a n/a
  ABSOLUTE RETURN +1.3+8.3+26.1+2.2+4.60.0+16.4
Price
  Bid OfferCurrency+/-YieldCiticodeSEDOLISINCodeWKNDate
pdf BLACKROCK STRATEGIC FUNDS EUROPEAN DIVERSIFIED EQUITY ABSOLUTE RETURN A2 AUD 172.42 AUD 0.85 - F2VA B7VPFH4 LU0840974629 n/a 17-Apr-2014
pdf BLACKROCK STRATEGIC FUNDS EUROPEAN DIVERSIFIED EQUITY ABSOLUTE RETURN A2 EUR 118.69 EUR 0.34 - KLH2 B461Q28 LU0525202155 n/a 17-Apr-2014
pdf BLACKROCK STRATEGIC FUNDS EUROPEAN DIVERSIFIED EQUITY ABSOLUTE RETURN D2RF EUR 118.40 EUR 0.27 - KLH4 B43P861 LU0525202312 n/a 17-Apr-2014
pdf BLACKROCK STRATEGIC FUNDS EUROPEAN DIVERSIFIED EQUITY ABSOLUTE RETURN D2 HEDGED USD 117.78 USD 0.27 - KTY0 B4XZX88 LU0526378483 n/a 17-Apr-2014
pdf BLACKROCK STRATEGIC FUNDS EUROPEAN DIVERSIFIED EQUITY ABSOLUTE RETURN A2 HEDGED SEK 121.79 SEK 0.35 - KXA6 B3KC9Y3 LU0539767862 n/a 17-Apr-2014
pdf BLACKROCK STRATEGIC FUNDS EUROPEAN DIVERSIFIED EQUITY ABSOLUTE RETURN A2RF HEDGED GBP 119.89 GBP 0.27 - M9I4 B4WLTF6 LU0526376511 n/a 17-Apr-2014
pdf BLACKROCK STRATEGIC FUNDS EUROPEAN DIVERSIFIED EQUITY ABSOLUTE RETURN D2RF HEDGED GBP 121.62 GBP 0.28 - N2Y9 B4XM4B9 LU0526377089 n/a 17-Apr-2014
pdf BLACKROCK STRATEGIC FUNDS EUROPEAN DIVERSIFIED EQUITY ABSOLUTE RETURN A2 HEDGED CHF 117.18 CHF 0.27 - N9D5 B42WMF0 LU0589446961 n/a 17-Apr-2014
Detailed fund information
Launch date06-Aug-2010
Fund size £182.7m / $306.7m (28-Feb-14)
Minimum initial n/a
Minimum additional n/a
Savings plan Fund has Savings Plan 
FE Trustnet Sector Absolute Return
Asset ClassEquity
Pricing times0:00 DD
Dealing frequencyn/a
Distributor statusFund distributor status
Peer groups
Region Asset Class Sector
Luxembourg Equity Absolute Return
Largest holdings, 28-Feb-2014
Holding (%) Rank Holding (%) Rank
TATE & LYLE2.901ROLLS-ROYCE HLDGS PLC2.106
HOWDEN JOINERY GROUP PLC2.702ASML HOLDING NV2.007
GLAXOSMITHKLINE2.603AURUBIS AG2.008
RIGHTMOVE PLC2.404CAIRN ENERGY PLC2.009
HENNES & MAURITZ AB2.105ERICSSON NIKOLA TESLA2.0010
 Total22.80 
Regional weightings, 28-Feb-2014
Region(%)Rank 
Switzerland7.901 7.90% Switzerland
Norway3.002 3.00% Norway
Denmark2.803 2.80% Denmark
Sweden2.704 2.70% Sweden
Netherlands2.505 2.50% Netherlands
Spain-1.706 -1.70% Spain
France-2.807 -2.80% France
Italy-2.808 -2.80% Italy
Finland-5.209 -5.20% Finland
UK-6.3010 -6.30% UK
Total0.10 
Sector weightings, 28-Feb-2014
Sector(%)Rank 
Financials7.001 7.00% Financials
Information Technology3.802 3.80% Information Technology
Consumer Staples2.103 2.10% Consumer Staples
Health Care2.004 2.00% Health Care
Industrials2.005 2.00% Industrials
Consumer Discretionary0.706 0.70% Consumer Discretionary
Telecommunications Utilities-2.107 -2.10% Telecommunications Utilities
Energy-3.508 -3.50% Energy
Utilities-3.709 -3.70% Utilities
Materials-7.4010 -7.40% Materials
Total0.90 

Price total return performance figures are calculated on a bid price to bid price basis (mid to mid where applicable) with gross income (dividends) reinvested. Performance figures are shown in fund’s native currency unless otherwise specified – performance figures can be rebased to Pence Sterling (GBX) using the rebasing option.

 
 
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Ratios

  1y 3y
Volatility 7.18 6.21
Alpha 11.46 1.65
Beta 0.27 0.13
Sharpe 1.09 0.00
Info Ratio 1.46 -0.15
R2 0.01 0.01
Quartiles:   1  2  3  4  help with ratios
vs. Absolute Return»

Fund vs sector

  1y 3y
Position 21 / 144 87 / 112
Quartile 1 4

Fund ratings

FE Crown Rating: 4 FE
Crown Rating
(Quantitative)

n/aS&P Rating
(Qualitative)

Downloads

Asset allocation (estimated from fund's sector average)

Alternative Investment Strategies, 100.00%
100.0000% ofAlternative Investment Strategies

Sector analysis

Charting

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