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BlackRock European Absolute Alpha

Ranked 66 out of 81 in - Long/Short Equity over 12 months
All calculations are in GBP unless stated

Managed by

Stefan Gries

Stefan Gries, CFA, director and research analyst, is a member of BlackRock's European Equity team within BlackRock's Alpha Strategies Group. Prior to joining BlackRock in 2008, he spent two years at Scottish Widows Investment Partnership where he completed a two year graduate program. During this program Stefan was an analyst covering auto and auto suppliers, metal & mining sectors and small and mid-cap Eurozone stocks. During his studies, Stefan worked summers at Lehman Brothers and DWS Investments. He earned an MA in Economics and Spanish from the University of St Andrews in 2005.

David Tovey

David Tovey was born in London during the late seventies. He graduated from the University of Warwick in 1998 with a degree in economics. He joined Blackrock (then Merrill Lynch) in the same year as an analyst. Having progressed to become a fund manager, he currently runs the BGF Swiss Small & Mid Cap Opportunities Fund. Outside of fund management he enjoys tennis.

Objective

This Fund seeks to achieve a positive absolute return for investors and, as such, the Fund will not be managed against any European equity index. The Fund invests primarily in a portfolio of equities and equity-related securities (including derivatives) of companies incorporated or listed in the European Economic Area and Switzerland, although from time to time cash and near cash may be held. The Fund may also invest in other transferable securities, permitted money market instruments, permitted deposits and units in collective investment schemes. In order to achieve the investment objective and policy the Fund will invest in a variety of investment strategies and instruments.

Showing fund performance in United Kingdom View performance globally

Performance

Long/Short Equity over : 31/07/2016 - 31/07/2017
  • Rank 66/81 Total Return
  • Rank 28/81 Standard Deviation
  • Rank 63/81 Max Drawdown
Fund Name Currency Return
64 Majedie Tortoise A Acc GBP

-1.4%

65 UNI-GLOBAL Absolute Return SAH-GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

-1.6%

66 BlackRock European Absolute Alpha P Acc GBP

-2.0%

67 BSF European Absolute Return D2RF GBP GBP

-2.1%

68 Old Mutual UK Opportunities A Acc GBP

-2.4%

Fund Name Currency Risk
26 Schroder European Equity Abs Return P1 Hgd Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

4.0

27 Henderson HF Pan European Alpha I2 GBP H

Currency exposure is hedged

Currency exposure is hedged

GBP

4.1

28 BlackRock European Absolute Alpha P Acc GBP

4.2

29 Old Mutual UK Opportunities A Acc GBP

4.3

30 CS (Lux) Multi-Advisor Equity Alpha Fund FBH GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

4.3

Total Return

Quarterly Performance

to 30/06/2017 Annual Q1 Q2 Q3 Q4
2017 -0.3% 2.3%
2016 -5.9% -1.7% 1.0% -0.4% -4.9%
2015 8.9% 1.9% 1.4% 2.9% 2.5%
2014 0.3% 2.7% -4.4% 0.5% 1.5%
2013 4.4% 1.3% 1.8% -0.5% 1.7%
2012 5.2% 1.7% 1.6% 0.5% 1.3%
2011 5.7% -2.3% 0.1% 4.7% 3.3%
2010 3.8% 0.8% -1.6% 2.4% 2.3%
2009 2.1% 0.6% 0.4%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/03/2017

Top 10 Holdings

Stock Size
GBP Cash 10.44
TORONTO DOMINION BANK 67.000% 21-Apr-2017 7.42
RABOBANK LTD 1.000% 17-May-2017 6.17
UBS AG (London Branch) CD 4.93
Standard Chartered Bank 0.490% 14-Aug-2017 3.70
Nordea Bank AB CD 3.32
BANK OF AMERICA CORP, CHARLOTTE NC 0.000% 27-Jul-2017 3.08
Lloyds Bank Plc CD 2.46
Svenska Handelsbanken Ab (London) CD 2.46
Erste Abwicklungsanstalt 0.000% 17-May-2017 2.46
31/03/2017

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date31/03/2009
  • Share Class size73Mn
  • Base currencyGBP
  • ISIN GB00B4Y62T40

Purchase Info

  • Min. initial investment500
  • Min. regular additional investment50

Charges

  • Annual management1.50%
  • Initial investment5

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).