Fact sheet: BlkRck Frontiers Inv Trst

Fund information
Fund name
BlackRock Frontiers Investment Trust
Fund manager company
BlackRock Investment Managemen
Fund type
Investment Trust
Fund managers
  • Sam Vechtsince 17/12/2010
  • Emily Fletchersince 31/03/2013
Accolades
Fund objective
To achieve long term capital growth from investment in companies operating in Frontier Markets or whose stocks are listed on the stock markets of such countries.
Benchmark
  • MSCI Frontier Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
26.7%
1 Year rank in sector
3/10
Sector
IT Global Emerging Markets Equities
Yield
3.9%
Fund size
£212m
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.
126
Mid price
129
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
129.85
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
+1.46
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
124
Top in this sector
Fund name1 Year
Templeton Emg Mkts36%
JPM GblEM Inc Tst plc33%
BlkRck Frontiers Inv Trst26.7%
Genesis Emerging Mkt25.8%
Abr Frn Mr Inv CmpLtd25.2%
...more in IT Global Emerging Markets Equities

Performance snapshot

Holdings snapshot

  • Argentina13.8%
    Pakistan11.8%
    Romania11.2%
    Bangladesh9.2%
    Kazakhstan9.2%
  • Financials35.1%
    Consumer Staples17.8%
    Telecommunications11.2%
    Utilities7.9%
    Energy6.7%
  • Asia Pacific Emerging Equities26%
    European Emerging Equities16.8%
    American Emerging Equities15.7%
    African Equity14.4%
    Asia Pacific Equities9.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.1%2%17.3%26.7%26.5%112.2%
Sector-7.2%0.2%18.5%21.9%9.1%27.8%
Rank within sector3 / 103 / 108 / 103 / 101 / 91 / 9
Quartile2nd2nd4th2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund30.4%-3.3%-1.9%46%15.9%
Sector24.4%-10.4%1.6%3.3%9.5%
Rank within sector3 / 102 / 108 / 91 / 93 / 9
Quartile2nd1st4th1st2nd
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.
6.49
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.
0.69
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.
0.41
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%.
14.55
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.
12.31
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.
0.36
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.
0.35
Price movement
52 week high138.5
52 week low93.5
Current bid price128.25
Current offer price130.75
Current mid price129
Region
1Argentina13.8%
2Pakistan11.8%
3Romania11.2%
4Bangladesh9.2%
5Kazakhstan9.2%
6Vietnam7.3%
7Sri Lanka6.9%
8Morocco5.7%
9Ukraine5.6%
Industry sector
1Financials35.1%
2Consumer Staples17.8%
3Telecommunications11.2%
4Utilities7.9%
5Energy6.7%
6Health Care6.3%
7Information Technology5.3%
8Materials5.3%
9Industrials5.1%
Asset type
1Asia Pacific Emerging Equities26%
2European Emerging Equities16.8%
3American Emerging Equities15.7%
4African Equity14.4%
5Asia Pacific Equities9.2%
6Kazakhstani Equities9.2%
7Kuwaiti Equities3.8%
8European Equities2.1%
9Slovenian Equity2.1%
Individual holdings
1MCB4.8%
2BANCO MACRO S.A.4%
3KAZMUNAIGAS EXPLORATION PRODUCTION3.7%
4GRUPO FINANCIERO GALICIA SA3.4%
5HALYK BANK3.4%
6SQUARE PHARMACEUTICAL3.3%
7BRD-GROUPE SOCIETE GENERALE3.2%
8ELECTRICA3.1%
9MHP SA REG S3.1%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock Investment Managemen
Fund type
Investment Trust
Fund objective
To achieve long term capital growth from investment in companies operating in Frontier Markets or whose stocks are listed on the stock markets of such countries.
Benchmark
  • MSCI Frontier Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Sam Vecht17/12/2010Sam Vecht is co-manager of BlackRock Emerging Europe plc, and is co-head of BlackRock’s Global Emerging Markets Team in the Fundamental Equity Division of BlackRock's Alpha Strategies Group. He is responsible for managing long-only and long/short portfolios in both Emerging and Frontier markets. He is also co-manager of the BlackRock Greater Europe Investment Trust plc and the BlackRock Frontiers Investment Trust plc. Sam joined BlackRock in 2000 in the Global Emerging Markets Team. Sam has a degree in international relations and history.
Emily Fletcher31/03/2013Emily Fletcher is co-manager of the BlackRock Frontiers Investment Trust plc, and is a member of BlackRock's Emerging Markets Specialist Team, within the Fundamental Equity division of the Alpha Strategies Group, specialising in African and Frontier markets. Emily has degrees in experimental and theoretical physics.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
BlackRock Frontiers Investment Trust
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price126.26
CurrencyGBX
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNJOM
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