BlackRock Greater Europe Investment Trust

LN: BRGE

Market Cap£431m

Last Close 425.5p

BRGE’s objective is to achieve capital growth, primarily through investment in a focused portfolio of large-, mid- and small-cap European companies, together with some investments in the developing markets of Europe. It aims to achieve a net asset value total return in excess of a broad index of European ex-UK equities (in sterling terms).

More BlackRock Greater Europe Investment Trust content >

Investment summary

BlackRock Greater Europe Investment Trust (BRGE) offers a broad exposure to European equities. It benefits from two co-managers: Stefan Gries (since June 2017, covering developed European markets, which make up c 95% of the fund) and Sam Vecht (since the fund’s launch in September 2004, emerging European markets, c 5%). The trust’s performance has suffered this year due to the market rotation away from high-quality growth stocks and the write down of BRGE’s Russian assets. Despite this, the trust has the highest NAV total return in the AIC Europe sector over the last three, five and 10 years. The managers are sticking to their disciplined bottom-up stock selection strategy and are looking ahead for the chance to increase the fund’s risk profile in anticipation of a sustained stock market recovery.

Content on BlackRock Greater Europe Investment Trust
View more
Register to receive research on BlackRock Greater Europe Investment Trust as it is published
Sector
Investment companies
Access more Investment companies content
Share price graph
Price performance
%
1m
3m
12m
Actual (2.2) 1.8 (33.5)
Relative* 1.5 2.2 (30.1)
52-week high/low 730.0p/411.5p
*% relative to local index
Key management
Alex MacEwen Vice President

You may also be interested in…