BlackRock Continental European Income Class D Acc

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

30/04/19
to
30/04/20		 30/04/20
to
30/04/21		 30/04/21
to
30/04/22		 30/04/22
to
30/04/23		 30/04/23
to
30/04/24
Fund -0.7% 29.1% 0.8% 10.4% 7.4%
Sector -7.2% 35.5% -2.6% 10.9% 9.3%
Rank 18/127 106/129 37/134 77/141 106/142
Quartile 1 4 2 3 3

Annualised performance

Annualised
3 Years to
30/04/24		 5 Years to
30/04/24		 10 Years to
30/04/24
Fund 6.1% 8.9% 8.5%
Sector 5.7% 8.2% 7.8%
Rank 83/134 43/127 27/97
Quartile 3 2 2

Top 10 Holdings

Stock % Weight
NOVO NORDISK A/S 5.69
ASML HOLDING N.V. 4.47
VINCI 3.95
ENGIE 3.91
NESTLE S.A. 3.82
COMPAGNIE DE SAINT-GOBAIN 3.72
VMH MOET HENNESSY LOUIS VUITTON 3.53
TRYG AS 3.43
VOLVO(AB) 3.43
HEXAGON AB 3.38
Total 39.32

Fund Aims

The aim of the BlackRock Continental European Income Fund is to achieve an above average income from its equity investments, compared to the income yield of European equity markets (excluding the UK), without sacrificing long term capital growth. The Fund will invest primarily in the equity securities of companies domiciled in, or exercising the predominant part of their economic activity in Europe excluding the UK. The Fund may also invest in other transferable securities, permitted money market instruments, permitted deposits, cash and near cash and units in collective investment schemes. Derivatives may be used for the purposes of efficient portfolio management.

Fund Manager

Andreas Zoellinger manager for 12 years and 11 months

Photo of Andreas Zoellinger Andreas Zoellinger, CFA, Director and assistant portfolio manager, is a member of the European Equity team within the Fundamental Equity division of BlackRock's Portfolio Management Group. Mr. Zoellinger is assistant portfolio manager for the BGF Euro Markets Fund and is responsible for covering Material stocks. Mr. Zoellinger service with the firm dates back to 2001, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Prior to joining MLIM as an analyst within the European Equity team, he was a trainee with a major German bank. Mr. Zoellinger earned a Diplom-Kaufmann degree in Business Administration from the University of Munich & the University of Edinburgh in 2001.

Fund Overview

Bid (03/05/2024) 317.30p
Offer (03/05/2024) 317.93p
Historic yield 3.81%
Fund size (29/02/2024) £1516.06m
Number of holdings 39
Entry Charge 0.00%
Ongoing Charges 0.91%
Launch date 06/05/2011

Asset Allocation

pie chart
  International Equities 96.81%
  UK Equities 2.35%
  Alternative Trading Strategies 1.20%
  Cash and Equivalents -0.37%
Portfolio data accurate as at: 29/02/24

Important Information

Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 96.81%
  UK Equities 2.35%
  Alternative Trading Strategies 1.20%
  Cash and Equivalents -0.37%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Industrials 31.27% - - -
 
 Construction & Materials - 16.12% - -
 
 Construction & Materials - - 16.12% -
 
 Construction - - - 7.15%
 
 Building Materials: Other - - - 5.71%
 
 Cement - - - 3.26%
 
 Industrial Goods & Services - 15.15% - -
 
 Aerospace & Defence - - 4.17% -
 
 Aerospace - - - 2.41%
 
 Defense - - - 1.76%
 
 Industrial Transportation - - 3.43% -
 
 Commercial Vehicles & Parts - - - 3.43%
 
 Electronic & Electrical Equipment - - 2.59% -
 
 Electrical Components - - - 2.59%
 
 General Industrials - - 2.08% -
 
 Diversified Industrials - - - 2.08%
 
 Industrial Engineering - - 1.50% -
 
 Machinery: Construction & Handling - - - 1.50%
 
 Industrial Support Services - - 1.39% -
 
 Professional Business Support Services - - - 1.39%
 
 Financials 21.07% - - -
 
 Insurance - 10.46% - -
 
 Non-life Insurance - - 10.46% -
 
 Full Line Insurance - - - 5.52%
 
 Property & Casualty Insurance - - - 2.83%
 
 Reinsurance - - - 2.10%
 
 Banks - 9.41% - -
 
 Banks - - 9.41% -
 
 Banks - - - 9.41%
 
 Financial Services - 1.21% - -
 
 Investment Banking & Brokerage Services - - 1.21% -
 
 Asset Managers & Custodians - - - 1.21%
 
 Health Care 12.72% - - -
 
 Health Care - 12.72% - -
 
 Pharmaceuticals & Biotechnology - - 12.72% -
 
 Pharmaceuticals - - - 12.72%
 
 Technology 10.55% - - -
 
 Technology - 10.55% - -
 
 Technology Hardware & Equipment - - 7.17% -
 
 Production Technology Equipment - - - 4.47%
 
 Semiconductors - - - 2.70%
 
 Software & Computer Services - - 3.38% -
 
 Software - - - 3.38%
 
 Consumer Discretionary 7.29% - - -
 
 Consumer Products & Services - 3.53% - -
 
 Personal Goods - - 3.53% -
 
 Clothing & Accessories - - - 3.53%
 
 Media - 2.35% - -
 
 Media - - 2.35% -
 
 Publishing - - - 2.35%
 
 Retail - 1.42% - -
 
 Retailers - - 1.42% -
 
 Apparel Retailers - - - 1.42%
 
 Consumer Staples 6.61% - - -
 
 Food, Beverage & Tobacco - 6.61% - -
 
 Food Producers - - 3.82% -
 
 Food Products - - - 3.82%
 
 Beverages - - 2.79% -
 
 Distillers & Vintners - - - 2.79%
 
 Utilities 3.91% - - -
 
 Utilities - 3.91% - -
 
 Gas, Water & Multi-utilities - - 3.91% -
 
 Multi-Utilities - - - 3.91%
 
 Basic Materials 3.52% - - -
 
 Chemicals - 2.25% - -
 
 Chemicals - - 2.25% -
 
 Chemicals: Diversified - - - 2.25%
 
 Basic Resources - 1.27% - -
 
 Industrial Materials - - 1.27% -
 
 Paper - - - 1.27%
 
 Telecommunications 2.23% - - -
 
 Telecommunications - 2.23% - -
 
 Telecommunications Service Providers - - 2.23% -
 
 Telecommunications Services - - - 2.23%
 
 Alternative Trading Strategies 1.20% - - -
 
 Alternative Trading Strategies - 1.20% - -
 
 Alternative Trading Strategies - - 1.20% -
 
 Alternative Trading Strategies - - - 1.20%
 
 Cash and Equivalents -0.37% - - -

Regional Allocation

pie chart
  Developed Europe - Excl UK 94.59%
  Non-Classified 3.43%
  UK 2.35%
  Cash and Equivalents -0.37%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 98.64%
  Cash 1.01%
  Pound Sterling 0.35%

Regional Breakdown

Expand allCollapse all
Region Country
 
 Developed Europe - Excl UK 94.59% -
 
 France - 28.26%
 
 Sweden - 12.53%
 
 Netherlands - 11.18%
 
 Switzerland - 10.07%
 
 Denmark - 9.12%
 
 Germany - 6.59%
 
 Finland - 6.03%
 
 Belgium - 4.37%
 
 Italy - 2.77%
 
 Ireland - 2.25%
 
 Spain - 1.42%
 
 Non-Classified 3.43% -
 
 UK 2.35% -
 
 United Kingdom - 2.35%
 
 Cash and Equivalents -0.37% -

Breakdown By Market Cap (%)

Mega
 
 
72.82%
Large
 
 
11.97%
Medium
 
 
3.62%
Non-Classified
 
 
11.96%
Cash
 
-0.37%

Top 10 Holdings

Stock % Weight Sector Country
1 NOVO NORDISK A/S 5.69% Pharmaceuticals & Biotechnology Denmark
2 ASML HOLDING N.V. 4.47% Technology Hardware & Equipment Netherlands
3 VINCI 3.95% Construction & Materials France
4 ENGIE 3.91% Gas, Water & Multi-utilities France
5 NESTLE S.A. 3.82% Food Producers Switzerland
6 COMPAGNIE DE SAINT-GOBAIN 3.72% Construction & Materials France
7 VMH MOET HENNESSY LOUIS VUITTON 3.53% Personal Goods France
8 TRYG AS 3.43% Non-life Insurance Denmark
9 VOLVO(AB) 3.43% Industrial Transportation Sweden
10 HEXAGON AB 3.38% Software & Computer Services Sweden

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 10.55% - - - - - - 10.55%
Telecommunications - 2.23% - - - - - - 2.23%
Financials - 21.07% - - - - - - 21.07%
Consumer Discretionary 2.35% 4.94% - - - - - - 7.29%
Consumer Staples - 6.61% - - - - - - 6.61%
Utilities - 3.91% - - - - - - 3.91%
Health Care - 12.72% - - - - - - 12.72%
Industrials - 31.27% - - - - - - 31.27%
Basic Materials - 3.52% - - - - - - 3.52%
Cash and Equivalents - - - - - - - -0.37% -0.37%
Non-Classified - - - - - - 1.20% - 1.20%

Important Information

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Identification Codes

Sedol Code B3S9LG2
Mex Code MYCONE
Isin Code GB00B3S9LG25
Citi Code NOU4

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.91%

Aims and Benchmark

Aims The aim of the BlackRock Continental European Income Fund is to achieve an above average income from its equity investments, compared to the income yield of European equity markets (excluding the UK), without sacrificing long term capital growth. The Fund will invest primarily in the equity securities of companies domiciled in, or exercising the predominant part of their economic activity in Europe excluding the UK. The Fund may also invest in other transferable securities, permitted money market instruments, permitted deposits, cash and near cash and units in collective investment schemes. Derivatives may be used for the purposes of efficient portfolio management.
Benchmark FTSE All World Developed Europe Ex UK TR Index - in GBP Net Return
Benchmark Category -
IA Sector Europe Excluding UK

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type Unit Trust
Launch price £1.00
Fund currency Pound Sterling
Fund domicile United Kingdom
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Quarterly
Distribution Type Dividend
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
01 December 31 January
01 March 30 April
01 June 31 July
01 September 31 October

Ratings

FE Crown Crown Rating of 3

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
- -

Fund Administration

Fund Trustee/Depository BNY Mellon Trust & Depositary (UK) Ltd
Fund Administrator IFDS
Fund Registrar IFDS
Fund Custodian The Bank of New York Mellon SA/NV

Group Details

Group name BlackRock Investment Management (UK) Limited
Group address 12 Throgmorton Avenue London EC2N 2DL
Group telephone 08457 405 405
Dealing telephone 0800 445522
Email broker.services@blackrock.com
Homepage www.blackrock.co.uk
Fax number 020 7743 1135

Dealing

Minimum Investment £100000
Minimum Top Up £100
Minimum Regular Saving -
Settlement Period: Buy 3 days
Settlement Period: Sell 3 days
Pricing Basis Forward
Dealing Decimals 3

Important Information

Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.