BlackRock International Opportunities Investor A Fund (BREAX)

By
To capture the global economy opportunities, investor needs to buy international stock fund. Investing in this mutual fund can provide higher return and portfolio diversification. I have provided a fund review of BlackRock International Opportunities Investor A fund below. I also include various information like expense ratio, dividend yield, fund's performance, etc.

BlackRock International Opportunities Investor A (BREAX)

This BlackRock International Opportunities Investor fund is to provide long-term capital appreciation. The fund generally invests majority of net assets (>80%) in equity securities issued by foreign companies of any market capitalization. This BlackRock mutual fund may invest <30% of net assets in stocks of issuers in emerging market countries. The fund primarily buys common stock but can also invest in preferred stock and convertible securities. From time to time it may invest in shares of companies through initial public offerings or IPOs.

BlackRock International Opportunities Inv
This BREAX fund is classified as Foreign Large Blend fund. It has $2.30 billion net assets. The yearly expense ratio of this fund is 1.59%. This expense ratio is higher than the average expense in the category of 1.35%. The fund dividend yield is 0. 80% and it is distributed annually. This fund does have 0.25% management fee and 5.25% front-end sales load fee. This fund is managed by Thomas P. Callan since and Michael Carey. The CUSIP of this fund is 091929307.

This 4 stars rated fund currently has 4.21% YTD return. As one of the best rated international stock funds, this Blackrock fund has returned 19.95% over the past year, 4.94% over the past 5 year and 12.15% over the past ten years. The best performance was achieved in 1999 with 150.50%. This fund is also rated as one of the best forbes mutual fund for year 2011. Morningstar also recognized this fund as one of the best with 4 stars rating.

The minimum balanced to invest in the regular brokerage account of this BREAX fund is $1,000. This fund can be purchased from 101 brokerages, include JP Morgan, Merrill Lynch, Schwab Retail, etc. Since its inception, this fund has performed in 9 years of positive achievement and 4 years of negative return. The other classes of this fund are Class Investor B (BREBX), Class Investor C (BRECX) and Institutional Class (BISIX). Among all, the BISIX has the lowest expense ratio of 1.35%.

As of June 2011, the top ten equity holdings of this fund are Royal Dutch Shell (2.3%), HSBC (1.6%), Banco Bradesco (1.3%), Xstrata (1.2%), IHI (1.1%), Siemens (1.1%), Telefonica (1.1%), Zeon (1.1%), Fresenius Medical Care (1.0%) and Hyundai Engineering and Construction (1.0%).

Disclosure: No Position

Other Best International Stock Funds article:

0 comments:

Post a Comment