To continue using FE Trustnet please choose an edition:

This site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about cookies on the website and how to delete cookies, see our Privacy and Cookie Policy.

I accept the FE Trustnet cookie policy

For more information Click here

Login

Login

Register

It's look like you're leaving us

What would you like us to do with the funds you've selected

Show me all my options Forget them Save them
Customise this table
 
 
Poll

Following their poor performance this year, are you going to increase your exposure to small cap funds in 2015?

Yes
No

Vote

 
You are here: Factsheet

Contact details

ManagerGroupLogo
12 Throgmorton Avenue, London, EC2N 2DL
020 7743 1000 (Fax Number)
020 7743 3000 (Main Number)

broker.services@blackrock.com

Fund managers

* Sam Vecht»20-Sep-2004 to Present
* Vincent Devlin»31-Jul-2008 to Present
James MacMillan»20-Sep-2004 to 31-Jul-2008


Investment objectives

To achieve capital growth, through investment in a focused portfolio constructed from a combination of the securities or large, mid and small capitalisation European companies, together with some investment in the developing markets of Europe.

Key Information

Fund vs sector

  1y 3y
Position 8 / 8 8 / 8
Quartile 4 4

Fund ratings

FE Crown Rating: 1 FE
Crown Rating
(Quantitative)

Ratios

  1y 3y
Volatility 10.29 14.15
Alpha -7.03 -7.41
Beta 0.96 1.06
Sharpe -0.01 0.72
InfoRatio -1.23 -1.41
R2 0.65 0.90
Quartiles:   1  2   3  4   help with ratios
vs. Europe»

Performance

performance chart
chart
    1y 3y 5y 12m-24m 24m-36m 36m-48m 48m-60m
-3.3 +47.8 +51.4 +24.9 +22.5 -13.4 +18.3
  NAV -1.1+54.4+51.9+22.0 +27.9-17.3+19.0
  Europe +7.7+86.7+75.2+29.9+33.4-14.5+9.8
Share Price
 ShareTypePriceDatePrem/DiscDiluted NAVGearingDiv yield
EstimLast pub.NetGross
pdf BLACKROCK GREATER EUROPE IT UNIT 224.88 (p) 19-Dec-2014 -2.80 234.32 234.98
18-Dec-2014
100 2.09 2.09
Capital structure & income
Share Type Exchange Nominal value Issued Market value (m) Wind-up date Splits News
BLACKROCK GREATER EUROPE IT UNIT LONDON 0 105,671,000 240.67 n/a n/a company announcements
Share identifiers: TIDM: BRGE; SEDOL: B01RDH7; ISIN: GB00B01RDH75
SubShares
SubShare typePriceExercise dateShare ratioExercise priceIssued
BlackRock Greater Europe IT Sub sub 12.8(p)
(19-Dec-2014)
30-Apr-2016 - 248.0 p n/a
Share identifiers: TIDM: BRGS; SEDOL: B99HJ52; ISIN: GB00B99HJ527
Detailed fund information
Fund type flag United Kingdom-registered Investment Trusts
Launched2004
Gross assets£247.6m / $386.6m
Sector Europe
Asset ClassEquity
Own ISA wrapper Fund has ISA Wrapper help with ISA
Savings plan Fund has no Savings Plan 
Annual accountsn/a
Last report / accounts21-Oct-2014
Last AGM03-Dec-2014
Next AGMNovember 2014
EGM23-Feb-2012
Stockbroker(s)Collins Stewart
Management contractBlackRock Investment Management (UK) Limited (BlackRock) provides management services to the Company under a contract which is terminable on six months notice. BlackRock also acted as the Secretary and Administrator of the Company throughout the year. BlackRock receives an annual fee of 0.70% of market value plus a performance fee of 15% of any outperformance of the FTSE World Europe ex UK Index, up to a maximum total investment management fee of 1.15%. Where the Company invests in other investment or cash funds managed by BlackRock, any underlying fee charged is rebated. BlackRock is a subsidiary of BlackRock, Inc. which is a publicly traded corporation on the New York Stock Exchange operating as an independent firm. The PNC Financial Services Group, Inc. and Barclays PLC each have a significant economic interest in BlackRock, Inc. PNC Financial Services Group, Inc. is a US public company. The Bank of New York Mellon (International) Limited (BNYM), a subsidiary of the Bank of New York Mellon, is the custodian of the Company's assets. The BNYM fee is payable at rates depending on the number of trades affected and the location of securities held. The custodian agreement is subject to 30 days' notice of termination by either party.
Borrowing limitn/a
Continuation / Wind-up provisionn/a
Dividend policyn/a
Investment restrictionsn/a
Reconstruction proposaln/a
Settlement detailsn/a
Tax policyn/a
Peer groups
Region Asset Class Investment Focus Sector
Europe Ex UK Equity Mixed Europe
Largest holdings, 28-Feb-2014
Holding (%) Rank Holding (%) Rank
ROCHE HLDG AG6.601ING GROEP N.V.3.006
NOVO-NORDISK AS4.202ADECCO SA2.707
BAYER AG3.903DEUTSCHE POST AG2.708
SOCIETE GENERALE3.404CONTINENTAL AG2.709
ZURICH INSURANCE GROUP LTD3.205PUBLICIS GROUPE SA2.6010
 Total35.00 
Regional weightings, 31-Oct-2014
Region (%) Rank  
Switzerland 19.20 1 19.20% Switzerland
France 18.00 2 18.00% France
Germany 15.80 3 15.80% Germany
Netherlands 9.00 4 9.00% Netherlands
Italy 8.80 5 8.80% Italy
Sweden 6.70 6 6.70% Sweden
Denmark 5.00 7 5.00% Denmark
Ireland 4.50 8 4.50% Ireland
Russia 3.70 9 3.70% Russia
Turkey 2.80 10 2.80% Turkey
Belgium 2.50 11 2.50% Belgium
Finland 2.40 12 2.40% Finland
Portugal 0.70 13 0.70% Portugal
Hungary 0.70 14 0.70% Hungary
Spain 0.40 15 0.40% Spain
Money Market -0.20 16 -0.20% Money Market
Total100.00 
Sector weightings, 31-Oct-2014
Sector (%) Rank  
Financials 32.10 1 32.10% Financials
Industrials 16.10 2 16.10% Industrials
Health Care 13.50 3 13.50% Health Care
Consumer Goods 7.70 4 7.70% Consumer Goods
Consumer Services 7.30 5 7.30% Consumer Services
Basic Materials 6.70 6 6.70% Basic Materials
Oil & Gas 5.00 7 5.00% Oil & Gas
Technology 4.90 8 4.90% Technology
Utilities 3.90 9 3.90% Utilities
Telecommunications 3.00 10 3.00% Telecommunications
Money Market -0.20 11 -0.20% Money Market
Total100.00 


All prices in Pence Sterling (GBX) unless otherwise specified. Price total return performance figures are calculated using closing mid prices and with net income (dividends) reinvested. NAV total return performance figures are calculated using fully diluted (where applicable) daily estimated NAV figures from Thomson Financial Datastream and with gross income (dividends) reinvested.

 
 
Sign up for email alerts
Stay upto date on the latest fund research from FE
 
subscribe Readers of this page also looked at:
alter Henderson Euro Trust
alter Hndrsn Erpn Fcs Tst
alter The European Investment Tr Plc
 
 
 
Add your comment
 
Reload Change mode
 
Enter the words above:
Send comment
 
Be the first to comment on this Factsheet.

Downloads

Latest Fundswire  

Asset allocation

Swiss Equities, 19.20%
19.2000% ofSwiss Equities
French Equities, 18.00%
18.0000% ofFrench Equities
German Equities, 15.80%
15.8000% ofGerman Equities
Dutch Equities, 9.00%
9.0000% ofDutch Equities
Italian Equities, 8.80%
8.8000% ofItalian Equities
Swedish Equities, 6.70%
6.7000% ofSwedish Equities
Danish Equities, 5.00%
5.0000% ofDanish Equities
Irish Equities, 4.50%
4.5000% ofIrish Equities
Russian Equities, 3.70%
3.7000% ofRussian Equities
Turkish Equities, 2.80%
2.8000% ofTurkish Equities
Belgian Equities, 2.50%
2.5000% ofBelgian Equities
Finnish Equities, 2.40%
2.4000% ofFinnish Equities
Hungarian Equities, 0.70%
0.7000% ofHungarian Equities
Portuguese Equities, 0.70%
0.7000% ofPortuguese Equities
Spanish Equities, 0.40%
0.4000% ofSpanish Equities
Money Market, -0.20%
-0.2000% ofMoney Market

Sector analysis

Charting

FE Trustnet portfolio

register   login
Register     Login
Use the plus sign add to portfolio on the left to add this fund to your portfolio