Fact sheet: BlackRock SF EM AbRet

Fund information
Fund name
BlackRock SF Emerging Markets Absolute Return D2 USD
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund managers
  • Sam Vechtsince 15/11/2012
  • Gordon Frasersince 03/11/2014
Fund objective
The Fund aims to achieve positive absolute returns through a combination of capital growth and income on your investment regardless of market conditions. The Fund seeks to gain at least 70% of its investment exposure to shares of companies domiciled in, or the main business of which is in, emerging markets. This is achieved by investing at least 70% of its assets in shares, other equity-related securities and when determined appropriate fixed income (FI) securities, money market instruments (MMIs) deposits and cash. The equity-related securities include financial derivative instruments (FDIs).
Benchmark
  • No Specified Index
Investment style
Absolute Return
Investment method
Shares
Quick stats
1 Year return
9.9%
1 Year rank in sector
7/128
Sector
FO Absolute Return
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.
1.56%
Fund size
£72m (£70m 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.
52
Top in this sector
Fund name1 Year
SW Mitchell Emerging European17.9%
Pioneer SICV-AbsRetBd15.1%
BlackRock SFAmDfEAbslRn12.9%
Polar Capital UK Abs Eq12.5%
Orbis Optimal SA11.7%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

  • China14.7%
    India13%
    Greece4.8%
    Korea4.6%
    Brazil4%
  • Consumer Discretionary8.2%
    Utilities6.1%
    Consumer Staples2.3%
    Information Technology1.8%
    Financials1.5%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.3%4.2%1.7%9.9%1%-
Sector-0%1.4%1.4%0.4%3.9%10.6%
Rank within sector1 / 13818 / 13760 / 1357 / 12848 / 78-
Quartile1st1st2nd1st3rd
Calendar performance
 YTD - 20162015201420132012
Fund0.7%-0.2%-0.1%4.8%-
Sector0.4%0.7%1.2%3.6%3.9%
Rank within sector63 / 13252 / 11659 / 8829 / 71-
Quartile2nd2nd3rd2nd
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.
-1.42
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.
1.42
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%.
7.22
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.
6.75
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.
-0.15
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.
0.14
Price movement
52 week high108
52 week low96.33
Current bid price-
Current offer price-
Current mid price107.14
Region
1China14.73%
2India12.99%
3Greece4.83%
4Korea4.59%
5Brazil4.03%
6Global Emerging Markets2.8%
7Ukraine2.46%
8Turkey2.15%
9European Emerging Markets2.07%
Industry sector
1Consumer Discretionary8.22%
2Utilities6.08%
3Consumer Staples2.3%
4Information Technology1.78%
5Financials1.48%
6Materials1.16%
7Telecommunications-1.12%
8Health Care-2.94%
9Energy-3.54%
Asset type
No data available.
Individual holdings
1BANK OF CHINA LTD3.49%
2POWSZECHNY ZAKLAD UBEZPIECZEN SA3.47%
3ASTRA INTERNATIONAL3.43%
4NTPC LTD3.29%
5NTPC LTD3.29%
6LUXOFT HLDG INC3.18%
7MAIL.RU GROUP LTD2.74%
8ITC2.64%
9ITC2.64%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund objective
The Fund aims to achieve positive absolute returns through a combination of capital growth and income on your investment regardless of market conditions. The Fund seeks to gain at least 70% of its investment exposure to shares of companies domiciled in, or the main business of which is in, emerging markets. This is achieved by investing at least 70% of its assets in shares, other equity-related securities and when determined appropriate fixed income (FI) securities, money market instruments (MMIs) deposits and cash. The equity-related securities include financial derivative instruments (FDIs).
Benchmark
  • No Specified Index
Investment style
Absolute Return
Investment method
Shares
Fund managers
NameSinceBiography
Sam Vecht15/11/2012Sam Vecht, CFA, Director and portfolio manager, is head of BlackRock's Emerging Europe equity team. He is responsible for managing the BGF Emerging Europe Fund, the BlackRock Eurasian Frontiers Fund and the BlackRock MENA Opportunities Fund. Sam is also co-manager of the BGF Emerging Markets Fund. Sam's service with the firm dates back to 2000, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Sam began his career with MLIM in 2000 as a member of the Global Emerging Markets team. Sam earned a BSc degree, with honours, in international relations and history from the London School of Economics in 2000, and he is fluent in Hebrew.
Gordon Fraser03/11/2014
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Jersey, Luxembourg, Netherlands, Norway, Offshore, Portugal, Sweden
BlackRock SF Emerging Markets Absolute Return A2 Hedged EUR
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.03%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.73
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFETQ
BlackRock SF Emerging Markets Absolute Return A2 USD
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.03%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.72
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF95V
BlackRock SF Emerging Markets Absolute Return A4RF Hedged GBP
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.03%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.78
CurrencyGBP
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFFAU
BlackRock SF Emerging Markets Absolute Return D2 Hedged EUR
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)3.55%
Bid price-
Offer price-
Mid price104.91
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3PL
BlackRock SF Emerging Markets Absolute Return D2 USD
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.56%
Total expense ratio (TER)3.55%
Bid price-
Offer price-
Mid price107.14
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3PK
BlackRock SF Emerging Markets Absolute Return D4RF Hedged GBP
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.19
CurrencyGBP
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFCDC
BlackRock SF Emerging Markets Absolute Return E2 Hedged EUR
Initial charge3%
Annual charge2%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price96.92
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJPC
BlackRock SF Emerging Markets Absolute Return I2 EUR
Initial charge-
Annual charge1%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.31%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price132.42
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFHFH
BlackRock SF Emerging Markets Absolute Return I2 Hedged EUR
Initial charge-
Annual charge1%
Min single investment£10,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)1.33%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106.41
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF4CU
BlackRock SF Emerging Markets Absolute Return I2 USD
Initial charge-
Annual charge1%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.29%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.42
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFHFI
BlackRock SF Emerging Markets Absolute Return I4RF GBP
Initial charge-
Annual charge1%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.31%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price114.42
CurrencyGBP
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFHFG
BlackRock SF Emerging Markets Absolute Return I4RF Hedged GBP
Initial charge-
Annual charge1%
Min single investment£10,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)1.34%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.88
CurrencyGBP
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFJGP
BlackRock SF Emerging Markets Absolute Return X2 USD
Initial charge-
Annual charge1.5%
Min single investment£10,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.87
CurrencyUSD
Price updated16/09/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3PM
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