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BSF Total Advantage 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, political factors, 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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Reinvestments

This fund does not have any distributions data as of now.
  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
From
31-Mar-2020
To
31-Mar-2021
Total Return (%)

as of Mar 31, 2021

- - -1.03 -9.97 1.79
  1Y 3Y 5Y 10y Incept.
1.79 -3.20 - - -3.74
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
1.00 3.92 1.00 1.79 -9.30 - - -11.82
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 Class (Millions) -
Size of Fund (Millions) as of Apr 15, 2021 EUR 17.098
Asset Class MultiAsset
Lipper Classification -
12m Trailing Yield -
Number of Holdings -
CUSIP BRTCT2GM2
Fund Inception Date Dec 11, 2017
Share Class Inception Date Dec 11, 2017
Morningstar Category Alt - Multistrategy
Regulatory Structure UCITS
Net, Including Investment Related Expenses -
Net, Excluding Investment Related Expenses -
Management Company BlackRock (Luxembourg) S.A.
Gross Expense Ratio -
Ongoing Charge 1.40%
Distribution Frequency -
ISIN LU1669033943
Bloomberg Ticker BSTAA2E
Annual Management Fee -
Max Offer Price -
Initial Charge 5.00%
Open to New Investors Yes
Performance Fee -
Turnover Percent -
SEDOL 255708
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 5000
Minimum Subsequent Investment EUR 1000
Use of Income Accumulating

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities covered by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), 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.

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 the research, selection, monitoring and reporting phases of the investment process. This may include third-party and internal material considerations, as defined by the investment team, of ESG criteria. The Fund manager undergoes a rigorous research phase in the construction of internal ESG research signals, which highlight criteria such as human capital or management quality. As part of this research, the Fund manager conducts due diligence on ESG data providers. Once these signals have met the criteria necessary to be incorporated in the portfolio, they are considered as part of the investment decisions on an ongoing basis as part of a broader set of signals. The Fund manager additionally uses standardized ESG criteria (headline ESG ratings, carbon emissions intensity) during the reporting phase. These may be sourced internally or directly from third-party data providers and are featured in internal portfolio analytics. The Fund manager conducts regular portfolio risk reviews with Risk and Quantitative Analysis group. 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

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Mar 31, 2021
Name Weight (%)
N/A Issuer Name 74.22
SMI_PRET 20.36
DAX30 7.49
FXACNYUSD 6.80
FTJSEZAR40 4.92
Name Weight (%)
FTSEUREMIB 4.86
TOPIXPX 4.00
SNP500PX 1.12
SPTSE60 1.00
AEXENXTCP 0.93
Holdings 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
A2 EUR - 88.06 0.10 0.11 89.10 83.76 - LU1669033943 - -
I2 EUR - 90.31 0.11 0.12 91.22 85.61 - LU1669035211 - -
E2 EUR - 91.73 0.10 0.11 92.81 87.25 - LU1786036472 - -
D2 Hgd USD - 95.99 0.12 0.13 96.86 90.62 - LU1669034917 - -
D2 Hgd GBP - 91.72 0.12 0.13 92.54 86.71 - LU1669034677 - -
X2 EUR - 91.94 0.11 0.12 92.74 86.82 - LU1669035567 - -
D2 EUR - 89.71 0.10 0.11 90.66 85.13 - LU1669034248 - -

Portfolio Managers

Portfolio Managers

Philip Hodges, PhD
Managing Director, Head of Research for Blackrock's Factor-Based Strategies Group

Philip Hodges

He Ren
Vice President, Factor-Based Strategies Group

He Ren is a senior researcher at BlackRock's Factor-Based Strategies Group which optimizes factors to help meet investment outcomes, such as retirement savings, factor advisory mandates and bespoke factor solutions.

Literature

Literature