Fact sheet: BlackRock SF Asia Extnn

Fund information
Fund name
BlackRock SF Asia Extension D2 USD
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund manager
  • Jeff Shensince 10/02/2012
Fund objective
The Fund aims to provide long term capital growth on your investment through the use of an extension strategy. Use of an extension strategy means that in addition to having up to 100% of the Fund’s assets exposed to shares via long positions and/or synthetic long positions, the intention is to enter into synthetic short positions, to achieve additional investment exposure. The Portfolio Manager (PM) will use the proceeds from these to buy additional synthetic long positions. Through a long position the Fund aims to profit by choosing assets that will rise in value. A short position is the sale of an asset which the Fund does not physically own with the aim of buying it later at a lower price to secure a profit. The PM will use financial derivative instruments (FDIs) to take synthetic long and synthetic short positions.
Benchmark
  • MSCI AC Asia ex Japan
Investment style
Long/Short
Investment method
Equity
Quick stats
1 Year return
3.8%
1 Year rank in sector
22/109
Sector
FO Hedge/Stru Prod - Equity
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.43%
Fund size
£127m (£130m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
110
Top in this sector
Fund name1 Year
MontLake ToscaMiCaUCITS25.9%
Majedie Tortoise24.8%
DNB ECO Abs Rt21.3%
Income Partners AllSeasnAsCred19.3%
Ennismore Eurpn Smallar Cos15.5%
...more in FO Hedge/Stru Prod - Equity

Performance snapshot

Holdings snapshot

  • China35.1%
    Taiwan17.5%
    Korea17%
    India9.8%
    Hong Kong8.4%
  • Information Technology31.7%
    Financials20.2%
    Industrials8.1%
    Real Estate7.8%
    Consumer Discretionary7.1%
  • Chinese Equities33.3%
    Taiwanese Equities17.5%
    South Korean Equities17%
    Indian Equities9.8%
    Hong Kong Equities8.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.8%-6.5%6%3.8%1.1%-
Sector-0.1%0%0.4%-2.7%3%14%
Rank within sector110 / 112123 / 12715 / 12022 / 10949 / 72-
Quartile4th4th1st1st3rd
Calendar performance
 YTD - 20162015201420132012
Fund6.9%-10.4%6.2%7.2%-
Sector-2.2%2.7%2.5%7.1%3.9%
Rank within sector14 / 11091 / 9422 / 7445 / 66-
Quartile1st4th2nd3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-1.41
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
2.57
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
14.54
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
12.91
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.04
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.33
Price movement
52 week high134.09
52 week low101.07
Current bid price-
Current offer price-
Current mid price121.41
Region
1China35.08%
2Taiwan17.5%
3Korea17.01%
4India9.84%
5Hong Kong8.43%
6Indonesia5.13%
7Thailand4.17%
8Malaysia2.42%
9Philippines1.87%
Industry sector
1Information Technology31.66%
2Financials20.16%
3Industrials8.07%
4Real Estate7.8%
5Consumer Discretionary7.1%
6Materials7.06%
7Telecommunications5.84%
8Energy4.04%
9Consumer Staples3.47%
Asset type
1Chinese Equities33.3%
2Taiwanese Equities17.5%
3South Korean Equities17.01%
4Indian Equities9.84%
5Hong Kong Equities8.43%
6Indonesian Equities5.13%
7Thai Equities4.17%
8Malaysian Equities2.42%
9Philippine Equities1.87%
Individual holdings
1NIFT50SUSD8.44%
2TAIWAN SEMICONDUCTOR CO6.06%
3TENCENT HLDGS LIMITED5.91%
4ALIBABA GROUP HLDG LTD3.48%
5AIA GROUP LTD3.22%
6SAMSUNG ELECTRONICS CO3.19%
7SUN HUNG KAI PROPERTIES LTD2.64%
8CATHAY FINANCIAL HLDG CO2.34%
9TELEKOMUNIKASI INDONESIA(PERSERO)2.15%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund objective
The Fund aims to provide long term capital growth on your investment through the use of an extension strategy. Use of an extension strategy means that in addition to having up to 100% of the Fund’s assets exposed to shares via long positions and/or synthetic long positions, the intention is to enter into synthetic short positions, to achieve additional investment exposure. The Portfolio Manager (PM) will use the proceeds from these to buy additional synthetic long positions. Through a long position the Fund aims to profit by choosing assets that will rise in value. A short position is the sale of an asset which the Fund does not physically own with the aim of buying it later at a lower price to secure a profit. The PM will use financial derivative instruments (FDIs) to take synthetic long and synthetic short positions.
Benchmark
  • MSCI AC Asia ex Japan
Investment style
Long/Short
Investment method
Equity
Fund manager
NameSinceBiography
Jeff Shen10/02/2012Jeff Shen, PhD, Managing Director, is the head of BlackRock's Emerging Markets and Co-head of Investments for BlackRock's Scientific Active Equity. He is a member of the Global Operating Committee, Human Capital Committee and Asia Pacific Operating Committee. Dr. Shen's service with the firm dates back to 2004, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he was the Head of Asia and Emerging Market equity investment. Prior to joining BGI, he was the global head of asset allocation research and macro absolute return investment at JP Morgan Asset Management. Dr. Shen began his career in 1997 and worked in fund of hedge funds, risk management research and macro investment functions for JP Morgan in New York and London. In addition, he is an adjunct professor at NYU teaching a MBA class on international investment. Dr. Shen earned a BA degree in economics from Hobart College, a MA degree in economics from the University of Massachusetts at Amherst, and a PhD degree in finance from New York University.
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Greece, Ireland, Italy, Jersey, Luxembourg, Netherlands, Norway, Offshore, Poland, Portugal, Singapore, Sweden
BlackRock SF Asia Extension A2 AUD
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price140.06
CurrencyAUD
Price updated07/10/2014
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF2RQ
BlackRock SF Asia Extension A2 USD
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.93%
Total expense ratio (TER)2.32%
Bid price-
Offer price-
Mid price119.13
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0TGJ
BlackRock SF Asia Extension A2RF Hedged GBP
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.93%
Total expense ratio (TER)2.32%
Bid price-
Offer price-
Mid price118.35
CurrencyGBP
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0W5N
BlackRock SF Asia Extension D2 USD
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)2.1%
Bid price-
Offer price-
Mid price121.41
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0TGK
BlackRock SF Asia Extension E2 USD
Initial charge3%
Annual charge2%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.44%
Total expense ratio (TER)2.88%
Bid price-
Offer price-
Mid price116.63
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0TGL
BlackRock SF Asia Extension X2 USD
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFEBI
Data provided by

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