BlackRock Continental European A

A mainly large cap European equity fund targeting capital growth.

  • 2274.00p Price (Inc)
  • 2764.00p Price (Acc)
  • 5.00% 0.00% Initial charge
  • 1.50% Annual management charge
  • 1.69% Ongoing charges
  • 0.00% Yield

Prices as at 06 December 2019, fund data last updated 01 June 2002

The Fund aims to achieve long-term capital growth by investing predominantly in shares of large European companies, excluding the UK. The Fund invests in value and growth companies and focuses on stock selection.

Fund summary

Sector Europe Excluding UK
Structure UNIT TRUST
Launched December, 1983
Size £584m
Yield 0.00%
Charging basis Income
Dividends paid 25 Sep

Charges

Standard initial charge 5.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.22%
Annual management charge 1.50%
Ongoing charges figure 1.69%

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Investment process

Manager research

Average monthly relative returns

  • 14/15 0.00%
  • 15/16 0.00%
  • 16/17 0.00%
  • 17/18 0.12%
  • 18/19 0.36%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.33%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Stefan Gries

Gries, CFA, Director is the co-portfolio manager of Continental European funds and European Absolute Return portfolios at BlackRock. He is a member of the European Equity team within the Fundamental Equity division of BlackRock’s Active Equity Group. Prior to joining the company in 2008, he spent 2 years at Scottish Widows Investment Partnership where he completed a 2 year graduate program. Since joining BlackRock, he has worked both as a portfolio manager and as an analyst covering, at various times, energy, pharmaceuticals and insurance on behalf of the European Equity team. Gries earned an MA in Economics & Spanish from the University of St. Andrews in 2005.

Track record

The track record of Stefan Gries in managing mutual funds in this sector is still too short for us to draw any meaningful conclusions and so our assessment is based largely on qualitative aspects.

Periods of worst performance

Absolute -16.00% (August 2018 - December 2018)
Relative -5.00% (August 2018 - December 2018)

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Top 10 holdings

Data accurate as at 31 August 2019

6.4488% Novo-Nordisk As
6.0442% Sap Se
6.0077% Safran Sa
5.4582% Sika Ag
5.3375% Lvmh Moet Hennessy Vuitton Se
4.962% Royal Unibrew A/S
4.9063% Lonza Group Ag
4.7049% Relx Plc
4.677% Dsv
3.9186% Asml Holding Nv
Source: Trustnet

Sector breakdown

Industrials 24.00%
Consumer Goods 20.00%
Health Care 19.00%
Technology 19.00%
Consumer Services 8.00%
Financials 6.00%
Money Market 3.00%
Basic Materials 2.00%

Key Investor Information - Income

Download

Key Investor Information - Accumulation

Download