Fact sheet: BlackRock SF Ltn Amcn Opp

Fund information
Fund name
BlackRock SF Latin American Opportunities D2 USD
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund manager
  • Will Landerssince 14/11/2007
Fund objective
The Fund aims to maximise the return on your investment through a combination of capital growth and income on the Fund’s assets. The Fund invests at least 70% of its assets in shares and other equity-related securities of small and mid capitalisation companies domiciled in, or the main business of which is in, Latin America. Small and mid capitalisation companies are companies, which at the time of purchase, form the bottom 30% of Latin American exchanges by market capitalisation. Market capitalisation is the share price of the company multiplied by the number of shares issued. The equity-related securities include financial derivative instruments (FDIs). The Portfolio Manager may use FDIs to help achieve the Fund’s investment objective.
Benchmark
  • MSCI EM Latin America Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
22%
1 Year rank in sector
30/43
Sector
FO Equity - Latin America
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.
1.78%
Fund size
£37m (£65m 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.
163
Top in this sector
Fund name1 Year
BNY Mellon Brazil Equity79.8%
UBS (L)EqSIC-Brazil$58.3%
Bradesco Brz EqMd Sm Cps55.2%
Parvest Equity Brazil53%
Templeton Latin Amer52.3%
...more in FO Equity - Latin America

Performance snapshot

Holdings snapshot

  • Brazil43.2%
    Mexico27.5%
    Peru8.3%
    Argentina7.2%
    Colombia7.2%
  • Industrials25.8%
    Consumer Staples19.5%
    Financials17.4%
    Consumer Discretionary12.6%
    Materials11.5%
  • Brazilian Equities43.2%
    Mexican Equities27.5%
    American Emerging Equities14.3%
    Peruvian Equity8.3%
    Money Market2.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.9%7.6%16.8%22%-23.2%-25.2%
Sector-1.8%12%15.7%27.2%-26.3%-25.3%
Rank within sector40 / 4337 / 4316 / 4330 / 4317 / 40-
Quartile4th4th2nd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund22.8%-28.1%-10%-12.9%21.9%
Sector29.2%-31.7%-12.5%-14%7.7%
Rank within sector35 / 4315 / 4313 / 4013 / 37-
Quartile4th2nd2nd2nd
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.
-1.53
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.
0.79
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.
-0.02
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%.
20.74
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.
10.17
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.
-0.01
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.
0.82
Price movement
52 week high97.95
52 week low67.69
Current bid price-
Current offer price-
Current mid price93.18
Region
1Brazil43.17%
2Mexico27.5%
3Peru8.27%
4Argentina7.17%
5Colombia7.16%
6Money Market2.78%
7Luxembourg2.06%
8Chile1.89%
Industry sector
1Industrials25.84%
2Consumer Staples19.5%
3Financials17.36%
4Consumer Discretionary12.58%
5Materials11.49%
6Utilities5.65%
7Energy4.8%
8Money Market2.78%
Asset type
1Brazilian Equities43.17%
2Mexican Equities27.5%
3American Emerging Equities14.33%
4Peruvian Equity8.27%
5Money Market2.78%
6Luxembourg Equities2.06%
7Chilean Equities1.89%
Individual holdings
1IOCHPE-MAXION SA4.99%
2RUMO LOGISTICA OPERADORA MULTIMODAL4.95%
3KROTON EDUCACIONAL SA4.89%
4KLABIN SA4.78%
5YPF SOCIEDAD ANONIMA4.78%
6ARCA CONTINENTAL SAB DE CV4.24%
7SAO MARTINHO SA4.16%
8ECORODOVIAS INFRA LOGISTICA SA3.51%
9GRUPO NUTRESA SA3.45%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund objective
The Fund aims to maximise the return on your investment through a combination of capital growth and income on the Fund’s assets. The Fund invests at least 70% of its assets in shares and other equity-related securities of small and mid capitalisation companies domiciled in, or the main business of which is in, Latin America. Small and mid capitalisation companies are companies, which at the time of purchase, form the bottom 30% of Latin American exchanges by market capitalisation. Market capitalisation is the share price of the company multiplied by the number of shares issued. The equity-related securities include financial derivative instruments (FDIs). The Portfolio Manager may use FDIs to help achieve the Fund’s investment objective.
Benchmark
  • MSCI EM Latin America Index
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Will Landers14/11/2007William M. Landers, CFA, Managing Director, is the Senior Portfolio Manager for the suite of Latin American equity funds within BlackRock's Fundamental Equity Alpha Strategies Group. Mr. Landers' service with the firm dates back to 2002, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, Mr. Landers managed the firm's Latin American equity funds and was a member of the Global Emerging Markets equity portfolio management team. Prior to joining MLIM in 2002, he spent seven years as a Latin American research analyst at Lehman Brothers and CSFB, focusing initially on Food and Beverage stocks, and later on Technology stocks. He was also Director of Latin American research at Lehman Brothers in 1999. He began his career as an investment banker working with Latin American clients at Bear Stearns in 1991. Mr. Landers earned a BSBA degree cum laude in finance and international management from Georgetown University in 1991.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Distributor Status, 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, Guernsey, Hungary, Ireland, Jersey, Luxembourg, Netherlands, Norway, Offshore, Poland, Portugal, Singapore, Sweden
BlackRock SF Latin American Opportunities A2 EUR
Initial charge5%
Annual charge2%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.53%
Total expense ratio (TER)2.5%
Bid price-
Offer price-
Mid price78.98
CurrencyEUR
Price updated15/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAWY6
BlackRock SF Latin American Opportunities A2 GBP
Initial charge5%
Annual charge2%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.53%
Total expense ratio (TER)2.5%
Bid price-
Offer price-
Mid price66.36
CurrencyGBP
Price updated15/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAWY7
BlackRock SF Latin American Opportunities A2 USD
Initial charge5%
Annual charge2%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.53%
Total expense ratio (TER)2.5%
Bid price-
Offer price-
Mid price91.7
CurrencyUSD
Price updated15/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAWY8
BlackRock SF Latin American Opportunities C2 USD
Initial charge-
Annual charge3%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)3.53%
Total expense ratio (TER)2.54%
Bid price-
Offer price-
Mid price83.11
CurrencyUSD
Price updated15/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAWZ2
BlackRock SF Latin American Opportunities D2 EUR
Initial charge5%
Annual charge1.25%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.78%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price81.89
CurrencyEUR
Price updated15/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3CF
BlackRock SF Latin American Opportunities D2 USD
Initial charge5%
Annual charge1.25%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.78%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price93.18
CurrencyUSD
Price updated15/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG2LV
BlackRock SF Latin American Opportunities D2RF GBP
Initial charge5%
Annual charge1.25%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.78%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price67.92
CurrencyGBP
Price updated15/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3CG
Data provided by

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