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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
+6.9 +16.6 n/a +9.9 -0.8 +0.2 n/a
  ABSOLUTE RETURN +7.1+15.5+25.3+0.6+7.3-0.3+8.8
Price
  Bid OfferCurrency+/-YieldCiticodeSEDOLISINCodeWKNDate
pdf BLACKROCK STRATEGIC FUNDS EUROPEAN DIVERSIFIED EQUITY ABSOLUTE RETURN A2 EUR 124.35 EUR -0.18 - KLH2 B461Q28 LU0525202155 n/a 24-Oct-2014
pdf BLACKROCK STRATEGIC FUNDS EUROPEAN DIVERSIFIED EQUITY ABSOLUTE RETURN D2RF EUR 124.65 EUR -0.18 - KLH4 B43P861 LU0525202312 n/a 24-Oct-2014
pdf BLACKROCK STRATEGIC FUNDS EUROPEAN DIVERSIFIED EQUITY ABSOLUTE RETURN D2 HEDGED USD 123.91 USD -0.19 - KTY0 B4XZX88 LU0526378483 n/a 24-Oct-2014
pdf BLACKROCK STRATEGIC FUNDS EUROPEAN DIVERSIFIED EQUITY ABSOLUTE RETURN A2 HEDGED SEK 127.91 SEK -0.18 - KXA6 B3KC9Y3 LU0539767862 n/a 24-Oct-2014
pdf BLACKROCK STRATEGIC FUNDS EUROPEAN DIVERSIFIED EQUITY ABSOLUTE RETURN A2RF HEDGED GBP 126.06 GBP -0.18 - M9I4 B4WLTF6 LU0526376511 n/a 24-Oct-2014
pdf BLACKROCK STRATEGIC FUNDS EUROPEAN DIVERSIFIED EQUITY ABSOLUTE RETURN D2RF HEDGED GBP 128.13 GBP -0.19 - N2Y9 B4XM4B9 LU0526377089 n/a 24-Oct-2014
pdf BLACKROCK STRATEGIC FUNDS EUROPEAN DIVERSIFIED EQUITY ABSOLUTE RETURN A2 HEDGED CHF 122.87 CHF -0.18 - N9D5 B42WMF0 LU0589446961 n/a 24-Oct-2014
Detailed fund information
Launch date06-Aug-2010
Fund size £182.8m / $293.9m (31-Aug-14)
Minimum initial € 5,000
Minimum additional
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, 31-Aug-2014
Holding (%) Rank Holding (%) Rank
FERROVIAL SA2.341COMPAGNIE FINANCIERE RICHEMONT SA1.846
TELENOR ASA2.012ATOS1.817
UBM PLC2.003HOCHTIEF AG1.758
SAMPO1.964IBERDROLA SA1.759
SCOR SE1.905BALOISE-HLDGS AG1.7010
 Total19.06 
Regional weightings, 31-Aug-2014
Region(%)Rank 
Spain5.381 5.38% Spain
Netherlands4.902 4.90% Netherlands
Switzerland4.483 4.48% Switzerland
UK2.624 2.62% UK
Belgium2.165 2.16% Belgium
Ireland2.096 2.09% Ireland
Norway-0.057 -0.05% Norway
Denmark-0.478 -0.47% Denmark
Finland-1.389 -1.38% Finland
Italy-1.9710 -1.97% Italy
Portugal-2.4511 -2.45% Portugal
Austria-2.5712 -2.57% Austria
Germany-4.0413 -4.04% Germany
Sweden-4.2114 -4.21% Sweden
France-6.3915 -6.39% France
Total-1.90 
Sector weightings, 31-Aug-2014
Sector(%)Rank 
Materials6.251 6.25% Materials
Industrials2.952 2.95% Industrials
Information Technology2.463 2.46% Information Technology
Financials1.084 1.08% Financials
Consumer Discretionary-0.605 -0.60% Consumer Discretionary
Telecommunications-0.856 -0.85% Telecommunications
Consumer Staples-0.987 -0.98% Consumer Staples
Energy-2.668 -2.66% Energy
Utilities-4.419 -4.41% Utilities
Health Care-5.1310 -5.13% Health Care
Total-1.89 

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 7.96 6.27
Alpha 1.50 4.68
Beta 1.43 0.19
Sharpe 1.13 0.31
Info Ratio 0.61 0.06
R2 0.16 0.01
Quartiles:   1  2  3  4  help with ratios
vs. Absolute Return»

Fund vs sector

  1y 3y
Position 69 / 131 49 / 109
Quartile 3 2

Fund ratings

FE Crown Rating: 2 FE
Crown Rating
(Quantitative)

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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