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BlackRock European Absolute Alpha Fund Class D Acc

  • Fund Info & charges
  • Performance
  • Fund breakdown
  • Dividend History
Fund Provider BlackRock Fund Managers Limited
Fund Summary The 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 code B4Y62W7
ISIN GB00B4Y62W78
Fund code MCAAA
Managers David Tovey, Stefan Gries
Manager Tenure 3 years
Morningstar Category Alt - Market Neutral - Equity
IMA Sector Targeted Absolute Return
Fund Size £323 million
Fund Type OEIC
Management Style Active
Ongoing Charge Figure (OCF) 1.01%
Cavendish ongoing charge 0.05%
FundsNetwork Service Fee 0.20%
Minimum Initial Investment £25
Minimum Top Up £25
Minimum Monthly Investment £25
Sell Price £0.0158
Buy Price £0.0158
Price Date 10th July 2020
Yield Currently unavailable
Dividend Frequency Semi-Annually
ISA Eligible Yes
SIPP Eligible Yes
Inception Date 13th May 2013
Fund Status OPEN
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: 0.494%

Annual Returns 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund Performance +7.20% +5.96% +4.96% -2.60% +5.24% +6.14% +0.08% +5.61% +12.65% +3.04%
Benchmark Performance
(Alt - Market Neutral - Equity)
Time Period Cumulative Benchmark Performance
(Alt - Market Neutral - Equity)
Fund Compared to Benchmark
1 day 0.06% Currently unavailable Currently unavailable
1 week 0.25% Currently unavailable Currently unavailable
1 month 3.34% Currently unavailable Currently unavailable
3 months 4.99% Currently unavailable Currently unavailable
6 months 8.09% Currently unavailable Currently unavailable
1 year 8.46% Currently unavailable Currently unavailable
3 years 6.16% Currently unavailable Currently unavailable
5 years 4.12% Currently unavailable Currently unavailable
10 years 4.79% Currently unavailable Currently unavailable
YTD 8.68% Currently unavailable Currently unavailable
Since inception 4.57% Currently unavailable Currently unavailable

Top 10 shares for this fund

Share Name Country Value
BlackRock ICS Sterling Liq Agency Inc IRL 9.48%
United Kingdom of Great Britain and Northern Ireland 0% GBR 4.89%
Royal UNIBREW A/S DNK 3.37%
Novo Nordisk A/S B DNK 3.30%
RELX PLC GBR 3.03%
United Kingdom of Great Britain and Northern Ireland 0% GBR 3.01%
Lonza Group Ltd CHE 2.82%
DSV Panalpina AS DNK 2.50%
Experian PLCCFD USA 2.41%
Sika AG Registered Shares CHE 2.40%

Currently unavailable