Edison research - BlackRock Greater Europe Inv Tst

RNS Number : 0314T

BlackRock Greater Europe Inv Tst

23 March 2016

 

London, UK, 23 March 2016

Edison issues research review on BlackRock Greater Europe Investment Trust

BlackRock Greater Europe Investment Trust (BRGE) invests primarily in developed European equites across the capitalisation spectrum, with the primary aim of achieving long-term capital growth. Up to 25% of the trust may be invested in developing European markets (currently c 5%). The portfolio is concentrated, typically holding between 45 and 65 securities. Vincent Devlin (developed Europe) and Sam Vecht (emerging Europe) have managed BRGE since July 2008 and fund inception respectively. It has outperformed the benchmark FTSE World Europe ex-UK index over one, three, five and 10 years and the dividend has been increased each year since the trust's inception in 2004; the current dividend yield is 2.0%.

At 18 March 2016, BRGE's shares were trading at a 3.1% discount to cum income net asset value. Over one, three, five and 10 years, BRGE has traded at an average discount ranging from 3.1% to 3.5%. The board has been active in managing the discount, including through twice-yearly tender offers when they have been considered advantageous.  

Click here to view the full report

All reports published by Edison are available to download free of charge from its website: www.edisoninvestmentresearch.com

About Edison: We are an international equity advisory firm. We enable our client companies to achieve their capital market objectives. The team is made up of more than 80 analysts and investment professionals with many decades of experience. Our extensive company knowledge and industry expertise spans 10 business sectors and more than 700 listed companies globally. We give our corporate clients and investors privileged insight into global investment trends. Our distribution capability is key to ensuring that a global investor audience can access our investment knowledge. Edison is authorised and regulated by the Financial Conduct Authority.

Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities.

Contact details: Learn more at www.edisongroup.com and connect with Edison on: 

LinkedIn	www.linkedin.com/company/edison-investment-research
Twitter	www.twitter.com/Edison_Inv_Res
YouTube	www.youtube.com/edisonitv
Google+	https://plus.google.com/105425025202328783163/posts

 

END

 

 

NRAPGURCWUPQGUW