Equity

BSF Global Equity Absolute Return Fund

Overview

Important Information: Capital at Risk. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.

Credit risk, changes to interest rates and/or issuer defaults will have a significant impact on the performance of fixed income securities. Potential or actual credit rating downgrades may increase the level of risk. The value of equities and equity-related securities can be affected by daily stock market movements. Other influential factors include political, economic news, company earnings and significant corporate events. Due to its investment strategy an 'Absolute Return' fund may not move in line with market trends or fully benefit from a positive market environment. Derivatives are highly sensitive to changes in the value of the asset on which they are based and can increase the size of losses and gains, resulting in greater fluctuations in the value of the Fund. The impact to the Fund can be greater where derivatives are used in an extensive or complex way.
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Performance

Performance

  • Returns

  From
31-Mar-2015
To
31-Mar-2016
From
31-Mar-2016
To
31-Mar-2017
From
31-Mar-2017
To
31-Mar-2018
From
31-Mar-2018
To
31-Mar-2019
From
31-Mar-2019
To
31-Mar-2020
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of 31-Mar-2020

- - - - -4.15
  1y 3y 5y 10y Incept.
-4.39 - - - -0.42
  YTD 1m 3m 1y 3y 5y 10y Incept.
-5.43 1.78 -5.60 -4.39 - - - -0.58

The figures shown relate to past performance. Past performance is not a reliable indicator of future results and should not be the sole factor of consideration when selecting a product or strategy.

Share Class and Benchmark performance displayed in USD, hedged fund benchmark performance is displayed in USD.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

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Reinvestments

This product does not have any distributions data as of now.

Key Facts

Key Facts

Size of Class (Millions) -
Size of Fund (Millions) as of 29-May-2020 USD 22.444
Asset Class Alternative
Lipper Classification -
CUSIP BRTMZ6B72
Fund Launch Date 12-Dec-2018
Share Class launch date 12-Dec-2018
Morningstar Category Alt - Long/Short Equity - Global
Regulatory Structure UCITS
Net, Excluding Investment Related Expenses -
Management Company BlackRock (Luxembourg) S.A.
Expense Ratio -
ISIN LU1908247643
Bloomberg Ticker BSGAD2U
Max Offer Price -
Initial Charge 5.00%
Open to New Investors Yes
Performance Fee 20.00%
Turnover Percent -
SEDOL BH3Z3W3
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 100000
Minimum Subsequent Investment USD 1000
Use of Income Accumulating

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% of the fund’s underlying holdings (excluding cash positions) must be covered by MSCI ESG Research, the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. For newly launched funds, sustainability characteristics are typically available 6 months after launch. MSCI Ratings are currently unavailable for this fund.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Transparency on Business Involvement metrics is not indicative of a fund’s investment objective, and, unless otherwise stated in Fund documentation and included within a Fund’s investment objective, ESG integration does not change a Fund’s investment objective or constrain the Investment Manager’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a Fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics using links below.


Business Involvement metrics are calculated using MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this research to provide a summed up view across holdings and translates it to a Fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement.

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Holdings

Holdings

as of 30-Apr-2020
Name Weight (%)
COMCAST CORPORATION 4.86
BURBERRY GROUP PLC 3.95
FANUC CORP 3.94
UNILEVER NV 3.93
VOLKSWAGEN AG 3.77
Name Weight (%)
HEINEKEN NV 3.76
PAYPAL HOLDINGS INC 3.73
SONY CORPORATION 3.25
RECRUIT HOLDINGS CO LTD 3.12
KNORR-BREMSE AG 2.68
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 30-Apr-2020

% of Market Value

Type Fund
as of 30-Apr-2020

% of Market Value

Type Fund
as of 30-Apr-2020

% of Market Value

Type Fund
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management. Allocations are subject to change.

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
Class D2 USD - 103.99 -0.49 -0.47 106.46 95.92 - LU1908247643 - -
Class D2 EUR - 107.26 -1.30 -1.20 111.84 100.93 - LU1919855590 - -
Class A4 Hedged EUR - 99.47 -0.47 -0.47 102.62 92.02 - LU1908247569 - -

Portfolio Managers

Portfolio Managers

James Bristow
James Bristow
Gareth Williams
Gareth Williams

Literature

Literature