LIN - BlackRock EuroFund Q4 2024 Commentary
2025-03-24 01:04:00 ET
Summary
- BlackRock EuroFund posted returns of -7.18% (Institutional shares) and -7.26% (Investor A shares, without sales charge) for the fourth quarter of 2024.
- The strongest relative performance came from the industrials sector, where a range of businesses with diverse end markets performed well, including MTU Aero Engines, DSV, Schneider Electric, and Saint-Gobain.
- Not owning Deutsche Telekom had the largest individual negative impact on relative returns, as the company delivered strong third-quarter results.
Average annual total returns (%) as of 12/31/24
4Q24 (not annualized) |
YTD (not annualized) |
1 Year |
3 Year |
5 Years |
10 Years |
Institutional |
-7.18 |
7.22 |
7.22 |
-0.49 |
7.05 |
4.79 |
Investor A (Without Sales Charge) |
-7.26 |
6.93 |
6.93 |
-0.74 |
6.81 |
4.57 |
Investor A (With Sales Charge) |
-12.13 |
1.32 |
1.32 |
-2.50 |
5.67 |
4.00 |
MSCI Europe 2 |
-9.74 |
1.79 |
1.79 |
1.20 |
4.90 |
4.98 |