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BlackRock European Absolute Alpha Fund Class D Acc

  • Fund Info & charges
  • Performance
  • Fund breakdown
  • Dividend History
Fund ProviderBlackRock Fund Managers Limited
Fund SummaryThe aim of the Fund is to provide a positive absolute return on your investment (i.e. an increase in the overall value of the Fund) (gross of fees) over any 12 month period regardless of market conditions.
SEDOL codeB4Y62W7
ISINGB00B4Y62W78
Fund codeMCAAA
ManagersDavid Tovey, Stefan Gries
Manager Tenure3 years
Morningstar CategoryAlt - Market Neutral - Equity
IMA SectorTargeted Absolute Return
Fund Size£404 million
Fund TypeOEIC
Management StyleActive
Ongoing Charge Figure (OCF)1.01%
Cavendish ongoing charge0.05%
FundsNetwork Service Fee0.20%
Minimum Initial Investment£25
Minimum Top Up£25
Minimum Monthly Investment£25
Sell Price£0.0164
Buy Price£0.0164
Price Date30th September 2020
YieldCurrently unavailable
Dividend FrequencySemi-Annually
ISA EligibleYes
SIPP EligibleYes
Inception Date13th May 2013
Fund StatusOPEN
David Tovey, CFA, Director and portfolio manager, is a member of BlackRock's European Specialist equity team. Mr. Tovey joined BlackRock following the merger with Merrill Lynch Investment Managers (MLIM) in 2006. At MLIM, Mr. Tovey was a member of the European Specialist equity team, responsible for managing the MLIIF Global Opportunities Fund. He began his career with MLIM in 1998 as an analyst with the US Small Cap equity team. Mr. Tovey earned a BA degree in economics, with honours, from Warwick University.

3-year Mean Monthly Return: 0.458%

Annual Returns201820172016201520142013201220112010
Fund Performance+4.60%+3.50%0.00%+1.97%+8.57%+1.08%+4.71%+7.81%+5.56%
Benchmark Performance
(Alt - Market Neutral - Equity)
Time PeriodCumulativeBenchmark Performance
(Alt - Market Neutral - Equity)
Fund Compared to Benchmark
1 day0.00%Currently unavailableCurrently unavailable
1 week0.49%Currently unavailableCurrently unavailable
1 month2.19%Currently unavailableCurrently unavailable
3 months4.35%Currently unavailableCurrently unavailable
6 months7.80%Currently unavailableCurrently unavailable
1 year12.17%Currently unavailableCurrently unavailable
3 years6.69%Currently unavailableCurrently unavailable
5 years4.37%Currently unavailableCurrently unavailable
10 years4.94%Currently unavailableCurrently unavailable
YTD12.41%Currently unavailableCurrently unavailable
Since inception4.79%Currently unavailableCurrently unavailable

Top 10 shares for this fund

Share NameCountryValue
BlackRock ICS Sterling Liq Agency IncIRL9.39%
Lonza Group LtdCHE3.46%
Royal UNIBREW A/SDNK3.43%
DSV Panalpina ASDNK3.20%
RELX PLCGBR3.01%
Novo Nordisk A/S BDNK2.87%
British American Tobacco PLCCFDGBR2.38%
Sika AG Registered SharesCHE2.33%
Experian PLCCFDGBR2.13%
Safran SACFDFRA1.80%

Currently unavailable