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BlackRock European Special Situations Class D2 - Accumulation (EUR)

Sell:5,523.42p Buy:5,523.42p Change: 71.79p (1.32%)
Prices as at 20 January 2021
Sell:5,523.42p
Buy:5,523.42p
Change: 71.79p (1.32%)
You can buy or sell holdings in this fund through anStocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 20 January 2021
Sell:5,523.42p
Buy:5,523.42p
Change: 71.79p (1.32%)
Prices as at 20 January 2021
You can buy or sell holdings in this fund through anStocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Charges and Savings

Initial charges
Initial charge: 5.00%
Initial saving from HL: 5.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 1.07%
Ongoing saving from HL: 0.00%
Net ongoing charge: 1.07%

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.


Other Information

Unit type: Unbundled
Manager:
Michael Constantis
Fund launch date: 20 September 2013
Sector: Offshore
Fund size: £1,209 million
Number of holdings: 54
Fund type: SICAV
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 15:00
Trustee: The Bank of New York Mellon (International) Limited
Minimum investment: £100.00
Charges deducted from: Capital
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

20/01/16 to 20/01/17 20/01/17 to 20/01/18 20/01/18 to 20/01/19 20/01/19 to 20/01/20 20/01/20 to 20/01/21
Annual return 19.11% 23.18% -12.05% 31.04% 13.47%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

The Wealth Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

Fund Objective

The European Special Situations Fund seeks to maximise total return. The Fund invests at least 70% of its total assets in the equity securities of companies domiciled in, or exercising the predominant part of their economic activities in, Europe. The Fund places particular emphasis on "special situations" companies that, in the opinion of the Investment Adviser, are companies with potential for improvement that the market has failed to appreciate. Such companies generally take the form of small, mid or large capitalisation companies that are undervalued and exhibit growth investment characteristics, such as above-average growth rates in earnings or sales and high or improving returns on capital. In some cases such companies can also benefit from changes in corporate strategy and business restructuring. In normal market conditions the Fund invests at least 50% of its total assets in small and midcapitalisation companies. Small and midcapitalisation companies are considered companies which, at the time of purchase, form the bottom 30% by market capitalisation of European stock markets.

Income Details

Income paid: n/a
Type of payment: Dividend
Ex-dividend date: 30 August 2021
Payment date: 6 September 20214

This data is provided by Funds Library. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. There is currently no yield information available for this fund.

Security Weight
ASML HOLDING NV 4.80%
LVMH MOET HENNESSY VUITTON SE 3.43%
ORSTED A/S 2.89%
AUTO TRADER GROUP 2.85%
LONZA GROUP AG 2.82%
FERRARI NV 2.77%
WORLDLINE 2.71%
DEUTSCHE WOHNEN SE 2.65%
ST MICROELECTRONICS NV 2.64%
NOVO NORDISK A/S 2.60%
Sector Weight
Software & Computer Services 9.60%
Technology Hardware & Equipment 9.48%
Industrial Support Services 7.26%
Banks 7.01%
Industrial Engineering 6.41%
Pharmaceuticals & Biotechnology 6.40%
Construction & Materials 6.25%
Chemicals 5.99%
Personal Goods 5.75%
Real Estate Investment & Services 5.12%
Country Weight
United Kingdom 21.59%
Netherlands 15.48%
France 14.90%
Germany 14.34%
Denmark 9.63%
Switzerland 6.73%
Italy 3.31%
Sweden 3.11%
Spain 2.26%
Finland 2.09%

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 20 January 2021. Data provided by Funds Library, correct as at 30 November 2020.

FundsLibrary
You can buy or sell holdings in this fund through anStocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account

4 If you elect to receive the income from a Vantage ISA or Vantage Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.