BlackRock European Absolute Alpha Fund

Select share classes

There is only one type of share class for this fund.

BlackRock European Absolute Alpha D Acc

Category Equity Market Neutral GBP

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

193.837p/193.749p

arrow-up0.929p (+0.48%)

Fund Code

MCAAA

B4Y62W7

GB00B4Y62W78

Prices updated as at 24 Apr 2026

Prices in GBX

Investment objective

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. The Fund’s target, which is used in the calculation of performance fees after all other fees, is to have a return greater than 3 Month SONIA compounded in arrears plus 11.9 basis point spread over the relevant 12 month period. The Fund will invest at least 70% of its total assets in derivatives, equity securities, equity related securities (i.e. other investments whose value is related to equities) and money market instruments (i.e. debt securities with short term maturities), cash or assets that can be turned into cash quickly. Derivatives will be used to further the investment objective of the Fund. Derivatives may also be used seek to reduce risk (relevant to the investment objective) within the Sub-Fund, reduce investment costs and generate additional income for the Sub-Fund.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Company name

BlackRock Fund Managers Limited

Fund launch date

31 Mar 2009

Domicile

United Kingdom

UCITS

Yes

Fund manager

Stefan Gries

Manager start date

01 Jul 2013

Fund manager biography

Managing Director and Portfolio Manager, is Co-Head of the European Equity team within BlackRock’s Fundamental Equity Group. He co-manages the Pan European strategy, Continental Europe ex-UK strategy and the Greater European Investment Trust as well as the European Absolute return (long/short) portfolios. Prior to joining Blackrock in 2008, Stafan 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 a Research Analyst covering, at various times, Energy, Pharmaceuticals and Insurance on behalf of the European Equity team. Stefan earned an MA in Economics & Spanish from the University of St. Andrews in 2005.

Fund manager

Christopher Sykes

Manager start date

16 Apr 2025

Fund manager biography

Head office

12 Throgmorton Avenue

London

United Kingdom

EC2N 2DL

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Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

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