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BSF European Absolute Return D2RF GBP

Ranked 43 out of 67 in - Long/Short Equity over 12 months
All calculations are in GBP

Managed by

Vincent Devlin

Born in Northern Ireland in 1970 Vincent Devlin graduated from the University of Manchester in 1992 with a BSc (Hons) in Electronic Engineering. His investment career began two years later when he joined the Co-operative Insurance Society where he spent four years before moving to Insight Investments in 1998 as fund manager of European equities. After a further four year stint Vincent moved to join Scottish Widows where he remained until 2007 reaching the position of investment director and managing European retail unit trusts with a total of €1bn funds under management. Having left SWIP at the end of 2007, Vincent has now moved to BlackRock where he currently manages their Continental European Fund. An associate member of UKSIP, Vincent’s leisure interests focus on the sporting activities of rugby and cycling.

Stefan Gries

Objective

The Fund seeks to achieve a positive absolute return for investors regardless of market movements. The Fund will seek to achieve this investment objective through an investment of at least 70% of its total assets in equities and equity related securities of companies domiciled in, or exercising the predominant part of their economic activity in Europe and, when determined appropriate, cash and near-cash instruments. It intends to take full advantage of the ability to invest in derivatives providing long, synthetic long and/or synthetic short positions with the aim of maximising positive returns.

Performance

Long/Short Equity over : 30/11/2013 - 30/11/2014
  • Rank 43/67 Total Return
  • Rank 11/67 Standard Deviation
  • Rank 30/67 Max Drawdown
Fund Name Return
41 Jupiter JGF Europa L GBP B Acc HSC

2.0%

42 Henderson Gartmore Jpn Abs Rtn I GBP Acc (hedged)

Currency exposure is hedged

Currency exposure is hedged

1.8%

43 Schroder GAIA QEP Global Absolute GBP Hdg A Acc

Currency exposure is hedged

Currency exposure is hedged

1.7%

43 BSF European Absolute Return D2RF GBP

1.7%

45 AllianceBernstein-European Flexible Eq Pf A GBP H

Currency exposure is hedged

Currency exposure is hedged

1.4%

Fund Name Risk
9 Schroder GAIA QEP Global Absolute GBP Hdg A Acc

Currency exposure is hedged

Currency exposure is hedged

0.9

10 Henderson Gartmore UK Abs Rtn R GBP Acc

1.0

11 BSF European Absolute Return D2RF GBP

1.0

12 Henderson Gartmore Jpn Abs Rtn I GBP Acc (hedged)

Currency exposure is hedged

Currency exposure is hedged

1.1

13 GAM Star Global Selector GBP Acc

1.1

Total Return

Quarterly Performance

to 30/09/2014 Annual Q1 Q2 Q3 Q4
2014 2.6% -3.5% 0.6%
2013 4.5% 1.2% 1.7% -0.2% 1.8%
2012 1.5%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Finland
  4. France
  5. Germany
  6. Italy
  7. Luxembourg
  8. Netherlands
  9. Norway
  10. Poland
  11. Spain
  12. Sweden
  13. Switzerland
  14. United Kingdom

Fund Info

  • Launch date25/07/2012
  • Share Class size12Mn
  • Base currencyGBP
  • ISIN LU0802637750

Purchase Info

  • Min. initial investment61,956
  • Min. additional investment0

Charges

  • Annual management1.0%
  • Initial investment5

Related News

BlackRock to soft close AAA-rated Hibbert's European Dynamic fund

BlackRock is to soft close Alister Hibbert's £2bn fund in a raft of closures across its European equity desk in a bid to keep a tight rein on capacity.

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