BlackRock Greater Europe Trust: Research update
12.04.2018
A focused European equity portfolio that has the greatest flexibility in the peer group to invest in continental European companies - including up to 25% in countries listed in developing Europe...Click here to read the full report
Highlights:
Differentiated from its peers with the greatest flexibility in the peer group to invest in continental European companies - including up to 25% in countries listed in developing Europe
With a focus on "growth" names, the trust has outperformed the index in six out of nine full calendar years of management, up 129% in NAV total return terms over ten years compared to 90% for the benchmark. The trust tends to underperform in periods where value stocks have performed well, such as 2014 and 2015
The trust's discount volatility has been kept in check through the offer - not always used - of a semi-annual tender.
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