Multi Asset

BSF Multi-Manager Alternative Strategies 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.

Overseas investment will be affected by movements in currency exchange rates. The strategies utilised by the Fund involve the use of derivatives to facilitate certain investment management techniques including the establishment of both 'long' and 'synthetic short' positions and creation of market leverage for the purposes of increasing the economic exposure of a Fund beyond the value of its net assets. The use of derivatives in this manner may have the effect of increasing the overall risk profile of the Funds. Investors in this fund should understand that the Fund is not guaranteed to produce a positive return and as an absolute return product, performance may not move in line with general stock market trends as both positive and negative share movements affect the overall value of the fund. The Manager employs a risk management process to oversee and manage derivative exposure within the Fund. The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or other instruments, may expose the Fund to financial loss.

All currency hedged share classes of this fund use derivatives to hedge currency risk. The use of derivatives for a share class could pose a potential risk of contagion (also known as spill-over) to other share classes in the fund. The fund’s management company will ensure appropriate procedures are in place to minimise contagion risk to other share class. Using the drop down box directly below the name of the fund, you can view a list of all share classes in the fund – currency hedged share classes are indicated by the word “Hedged” in the name of the share class. In addition, a full list of all currency hedged share classes is available on request from the fund’s management company

Show Fewer
Loading

Performance

Performance

  • Returns

  From
31.Dec.2013
To
31.Dec.2014
From
31.Dec.2014
To
31.Dec.2015
From
31.Dec.2015
To
31.Dec.2016
From
31.Dec.2016
To
31.Dec.2017
From
31.Dec.2017
To
31.Dec.2018
Total Return (%) Total return is expressed as the percentage change of an investment over a certain timeframe. It includes the net income earned by the investment in terms of dividends or interest along with any change in the capital value of the investment.

as of 31-Dec-2018

- - - 0.25 -5.03

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

Chart

Performance chart data not available for display.
View full chart

Distributions

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

Key Facts

Key Facts

Size of Fund (Millions) as of 21-Feb-2019 USD 188.78
Base Currency USD
Fund Launch Date 28-Jan-2016
Share Class launch date 09-Mar-2016
Asset Class Multi Asset
Morningstar Category Alt - Multistrategy
Benchmark Index Placeholder for prolonged perf holidays (No Benchmark applicable)
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU1376384522
Bloomberg Ticker BSASA4U
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL BYQ71Y3
Bloomberg Benchmark Ticker -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 5,000.00
Minimum Subsequent Investment USD 1,000.00
Use of Income Distributing

Risk Indicator

Risk Indicator

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

 

Ratings

Portfolio Managers

Portfolio Managers

Mark Woolley
Mark Woolley

Holdings

Holdings

as of 31-Jan-2019
Name Weight (%)
MANDATORY EXCHANGEABLE SPONSORED A 144A 5.75 06/01/2019 5.29
INNOGY 1.62
FREMF_16-KS05 B 144A 1.48
VODAFONE GROUP PLC RegS 2 02/25/2019 1.47
GLM_17-2A E 144A 1.28
Name Weight (%)
BX_18-EXCL D 144A 0.97
CAJUN_17-1A A2 144A 0.89
VOLCAN HOLDINGS II PLC RegS 3.875 10/10/2020 0.86
SCOR 0.80
FREMF_14-KS02 B 144A 0.73
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-Jan-2019

% of Market Value

Type Fund
Allocations subject to change.
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 A4 USD Annual 97.70 0.27 0.28 103.62 97.03 - LU1376384522 - -
Class D2RF Hedged GBP None 94.93 0.25 0.26 101.76 94.37 - LU1523256573 - -
Class A2 Hedged SEK None 905.69 2.30 0.25 989.60 901.31 - LU1441748792 - -
Class I2 USD None 100.75 0.29 0.29 105.77 99.96 - LU1394258989 - -
Class A2 Hedged EUR None 91.25 0.23 0.25 99.72 90.83 - LU1403444943 - -
Class A4 Hedged EUR Annual 91.55 0.23 0.25 100.05 91.13 - LU1376384795 - -
Class E2 EUR None 91.92 0.23 0.25 94.49 88.35 - LU1373034427 - -
Class I2 Hedged SEK None 929.95 2.40 0.26 1,005.80 924.74 - LU1435395477 - -
Class I2 Hedged EUR None 94.52 0.24 0.25 102.20 94.01 - LU1330438703 - -
Class A2 USD None 97.67 0.27 0.28 103.60 97.00 - LU1330438539 - -
Class D2 Hedged EUR None 93.60 0.24 0.26 101.51 93.12 - LU1330438612 - -
Class E2 Hedged EUR None 90.23 0.23 0.26 99.09 89.85 - LU1373034856 - -
Class D2 EUR None 95.23 0.24 0.25 97.55 90.49 - LU1373034690 - -
Class D2 USD None 99.60 0.28 0.28 104.86 98.86 - LU1373034773 - -
Class I2RF Hedged CHF None 93.05 0.23 0.25 101.05 92.58 - LU1488387397 - -
Class D2 Hedged CHF None 92.43 0.23 0.25 100.65 91.98 - LU1408527833 - -

Literature

Literature