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BSF Emerging Markets Absolute Return D2 USD

Ranked 1 out of 10 in - Emerging Market Equity Including Asia over 12 months
All calculations are in USD unless stated

Managed by

Gordon Fraser

Gordon Fraser is a member of the Global Emerging Markets team in the Fundamental Equity division of BlackRock's Portfolio Management Group, specialising in Middle Eastern, Turkish and Indian Equities. Fraser joined BlackRock as an Analyst in 2006 and holds a BA (1st class) and an MPhil (distinction) in Economics from Cambridge University.

Sam Vecht

Born in the English capital in 1977, Sam Vecht studied International Relations and History at the London School of Economics. He joined BlackRock in 2000, where he is a managing director of long only and long-short funds. Sam concentrates primarily on emerging Europe and other frontier markets, adopting a contrarian investment style with a top-down overview. He does not use cash as a tactical strategy, and derivatives are employed opportunistically. Sam holds the CFA designation and cites football, chess and music as his primary interests.

Objective

This fund Fund will seek to generate a positive absolute return by taking long, synthetic long and synthetic short investment exposures. The Fund will seek to gain at least 70% of its investment exposure to companies domiciled in, or exercising the predominant part of their economic activity in emerging markets. The Fund will seek to achieve this investment objective by investing at least 70% of its total assets in equities and equity-related securities (including derivatives) and, when determined appropriate, cash and near-cash instruments. It intends to take full advantage of the ability to invest in derivatives providing synthetic long and/or synthetic short positions.

Showing fund performance in Malta View performance globally

Performance

Emerging Market Equity Including Asia over : 30/09/2017 - 30/09/2018

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 -0.3% 6.2% 1.9%
2017 -6.8% 3.8% -0.8% -8.1% -1.4%
2016 3.7% 0.1% -3.3% 3.0% 4.0%
2015 -0.2% -1.9% -1.1% -6.3% 9.9%
2014 -0.2% -0.3% 1.6% -6.5% 5.4%
2013 4.8% -1.0% 3.6% 1.6% 0.6%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/06/2018

Top 10 Holdings

Stock Size
USD Cash 83.63%
BlackRock ICS Inst USD Liq Agency Dist 7.17%
Emaar Properties PJSC ORD 3.23%
Land and Houses PCL DR 3.15%
Banco Bradesco SA DR 3.05%
Bank Polska Kasa Opieki SA ORD 2.94%
Astra International Tbk PT CFD 2.88%
China Mobile Ltd ORD 2.71%
AngloGold Ashanti Ltd ORD 2.54%
SK Holdings Co Ltd ORD 2.45%
30/06/2018

Registered For Sale In

  1. Austria
  2. Belgium
  3. Denmark
  4. Finland
  5. France
  6. Germany
  7. Ireland
  8. Italy
  9. Jersey
  10. Luxembourg
  11. Netherlands
  12. Norway
  13. Spain
  14. Sweden
  15. Switzerland
  16. United Kingdom

Fund Info

  • Launch date15/11/2012
  • Share Class size02Mn
  • Base currencyUSD
  • ISIN LU0852332542

Purchase Info

  • Min. initial investment100,000
  • Min. regular additional investment0

Charges

  • Annual management1.00%
  • Initial investment5.00%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).