Equity

BSF Emerging Markets Equity Strategies Fund

  • NAV as of Aug 9, 2022 USD 180.70
    52 WK: 162.55 - 222.17
  • 1 Day NAV Change as of Aug 9, 2022 1.11 (0.62%)

Overview

Investment Approach

The Fund aims to maximize the return on your investment through a combination of capital growth and income on the Fund’s assets. The Fund seeks to gain at least 70% of its investment exposure to companies domiciled in, or exercising the main part of their business in, emerging markets. This is achieved by investing at least 70% of its total assets in equity securities (e.g. shares) and equity-related (E-R) securities and when determined appropriate, fixed income (FI) securities (such as bonds), money market instruments (MMIs) (i.e. debt securities with short-term maturities), deposits and cash. The E-R securities include financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets). The FI securities and MMIs may be issued by governments, government agencies, companies and supranationals (e.g. the International Bank for Reconstruction and Development) and may be investment grade (i.e. meet a specified level of credit worthiness), non-investment grade or unrated at the time of purchase.
Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested. 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. Emerging markets are generally more sensitive to economic and political conditions than developed markets. Other factors include greater 'Liquidity Risk', restrictions on investment or transfer of assets and failed/delayed delivery of securities or payments to the Fund. Currency Risk: The Fund invests in other currencies. Changes in exchange rates will therefore affect the value of the investment. 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. 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

Growth of Hypothetical 10,000

Performance chart data not available for display.
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Share Class and Benchmark performance displayed in USD. Source: BlackRock. Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested. Past performance is not a guide to future performance.

Reinvestments

This fund does not have any distributions data as of now.
Record Date Ex-Date Payable Date Total Distribution
  From
30-Jun-2017
To
30-Jun-2018		 From
30-Jun-2018
To
30-Jun-2019		 From
30-Jun-2019
To
30-Jun-2020		 From
30-Jun-2020
To
30-Jun-2021		 From
30-Jun-2021
To
30-Jun-2022
Total Return (%)

as of Jun 30, 2022

9.29 21.82 -20.62 35.37 -21.22
  1Y 3Y 5Y 10y Incept.
Total Return (%)

as of Jul 31, 2022

-13.15 -4.63 2.02 - 8.33
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
Total Return (%)

as of Jul 31, 2022

-13.82 0.27 -6.31 -13.15 -13.27 10.49 - 73.25
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Key Facts

Key Facts

Size of Fund (Millions) as of Aug 9, 2022 USD 310.384
12m Trailing Yield -
Number of Holdings as of Jul 29, 2022 88
Base Currency U.S. Dollar
Fund Inception Date Sep 18, 2015
Share Class Inception Date Sep 18, 2015
Asset Class Equity
Morningstar Category Global Emerging Markets Equity
SFDR Classification Other
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charge 0.84%
ISIN LU1289970243
Bloomberg Ticker BREMZ2U
Annual Management Fee 0.40%
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL BZ0FXJ9
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 10000000
Minimum Subsequent Investment -
Use of Income Accumulating

ESG Integration

ESG Integration

ESG integration is the practice of incorporating material environmental, social and governance (ESG) information or insights alongside traditional measures into the investment decision process to improve long term financial outcomes of portfolios. Unless otherwise stated in Fund documentation or included within the Fund’s investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective, but rather describes how ESG information is considered as part of the overall investment process.


The Fund manager includes ESG considerations in combination with other information in the research and decision phases of the investment process. This may include relevant third-party insights, as well as internal engagement commentary and input from BlackRock Investment Stewardship on governance issues. The Fund manager’s ongoing monitoring of the portfolio involves regular portfolio reviews with the Risk and Quantitative Analysis group and with the Chief Investment Officers. These reviews include discussion of the portfolio’s exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

Ratings

Ratings

Ratings Report

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Jul 29, 2022
Name Weight (%)
SAMSUNG ELECTRONICS CO LTD 9.53
ALIBABA GROUP HOLDING LTD 5.81
EMAAR PROPERTIES PJSC 4.16
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 3.97
VIET NAM DAIRY PRODUCTS JSC 3.45
Name Weight (%)
ASTRA INTERNATIONAL TBK. PT. 3.35
B3 SA BRASIL BOLSA BALCAO 3.30
PING AN INSURANCE GROUP CO OF CHINA LTD 3.27
TOPSPORTS INTERNATIONAL HOLDINGS LTD 2.86
BAIDU INC 2.62
Holdings subject to change

Pricing & Exchange

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
Class Z2 USD Accumulating 180.70 1.11 0.62 222.17 162.55 - LU1289970243 - -
E2 EUR Accumulating 157.28 0.37 0.24 175.63 138.32 - LU1321847805 - -
A2 USD Accumulating 167.36 1.02 0.61 206.85 150.67 - LU1289970086 - -
I2 USD - 94.51 0.58 0.62 116.36 85.04 - LU1946828917 - -
D2 EUR Accumulating 168.22 0.41 0.24 186.96 147.34 - LU1321847987 - -
X2 USD Accumulating 189.31 1.16 0.62 232.01 170.22 - LU1289970169 - -
D2 Hgd CHF - 79.97 0.47 0.59 100.02 72.17 - LU1971548455 - -
D2 GBP - 112.81 0.81 0.72 123.94 98.25 - LU1896777239 - -
I2 EUR - 101.84 0.25 0.25 113.03 89.09 - LU1992117652 - -
A2 Hgd CHF - 78.48 0.46 0.59 98.40 70.86 - LU1971548372 - -
D2 USD Accumulating 161.76 0.99 0.62 199.45 145.57 - LU1321847714 - -
D4 USD - 87.26 0.53 0.61 108.93 78.53 - LU1990956846 - -
D2 Hgd EUR Accumulating 141.31 0.84 0.60 178.57 127.43 - LU1321848019 - -
Class Z2 GBP Accumulating 120.53 0.86 0.72 132.01 104.71 - LU1715605942 - -

Listings

Portfolio Managers

Portfolio Managers

Samuel Vecht, CFA
Samuel Vecht, CFA
Head of Emerging Europe & Frontier Markets

Samuel Vecht

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Samuel Vecht, CFA, Managing director and portfolio manager, is Head of the Emerging Europe & Frontiers team within the Fundamental Active Equity division of BlackRock's Active Equities Group. He is responsible for managing long-only and long/short portfolios in both Emerging and Frontier markets.

 

Mr. Vecht's service with the firm dates back to 2000, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006.

 

Mr. Vecht earned a BSc degree, with honours, in international relations and history from the London School of Economics.

Gordon Fraser, CFA
Gordon Fraser, CFA
Co-Head of Global Emerging Markets Equities, Fundamental Active Equity, BlackRock

Gordon Fraser, CFA, Managing Director, is Co-Head of Global Emerging Markets Equities for the Fundamental Active Equity division of BlackRock's Active Equity Group.

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Gordon Fraser, CFA, Managing Director, is Co-Head of Global Emerging Markets Equities for the Fundamental Active Equity division of BlackRock's Active Equity Group. Mr. Fraser is lead portfolio manager for the Core Global Emerging Markets strategy and co-manages the Emerging Frontiers Hedge Fund. Mr. Fraser is also named manager on the Emerging Markets Equity Strategies and Emerging Markets Absolute Return strategies. Mr. Fraser is also research pod leader of the North Asia Healthcare, Industrials, Energy, Materials and Utilities research pod and is platform lead for macroeconomic analysis.

 

He joined BlackRock as an Analyst in 2006.

 

Mr. Fraser earned a BA (1st class) and an MPhil (distinction) in Economics from Cambridge University in 2006. He is also a CFA Charterholder.

Literature

Literature