Equity

BSF European 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.

Please note the Fund-specific risks under the relevant section in Disclaimer.

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

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Performance

Performance

Reinvestments

This product does not have any distributions data as of now.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.

The figures shown relate to past performance. Past performance is not a reliable indicator of current or 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 Share Class Benchmark performance is displayed in EUR.

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

Key Facts

Key Facts

Size of Fund (Millions) as of 05-Mar-2021 EUR 1,857.53
12m Trailing Yield -
Number of Holdings as of 26-Feb-2021 106
Base Currency Euro
Fund Launch Date 27-Feb-2009
Share Class launch date 26-Aug-2020
Asset Class Equity
Morningstar Category -
Benchmark Index 3 Month Euro Libor Rate, expressed in USD
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charges Figures 1.39%
ISIN LU2213651438
Bloomberg Ticker EARS-AG
Initial Charge 5.00%
Performance Fee 20.00%
SEDOL BMBX8L8
Bloomberg Benchmark Ticker -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 100,000.00
Minimum Subsequent Investment USD 1,000.00
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 conducts 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.

Risk Indicator

Risk Indicator

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Low Risk High Risk
Typically low rewards Typically high rewards

 

Ratings

Portfolio Managers

Portfolio Managers

Stephanie Bothwell
Stephanie Bothwell
Stefan Gries
Stefan Gries

Holdings

Holdings

as of 26-Feb-2021
Name Weight (%)
ROYAL UNIBREW A/S 3.67
DSV PANALPINA A/S 3.54
LONZA GROUP AG 3.26
TELEPERFORMANCE 2.48
NOVO NORDISK A/S 2.34
Name Weight (%)
JD SPORTS FASHION PLC 2.07
AUTO TRADER GROUP PLC 2.04
RELX PLC 2.02
VAT GROUP AG 2.02
STRAUMANN HOLDING AG 1.96
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 26-Feb-2021

% of Market Value

Type Fund
as of 26-Feb-2021

% 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 - 94.67 -0.55 -0.58 102.94 94.67 - LU2213651438 - -
Class I2 EUR None 148.50 -0.88 -0.59 160.61 140.24 - LU0776931064 - -
Class D4 EUR Annual 143.05 -0.85 -0.59 154.82 135.47 - LU0827970921 - -
Class D2 Hedged GBP None 153.96 -0.90 -0.58 166.86 145.45 - LU0802637750 - -
Class D2 Hedged CHF None 140.51 -0.86 -0.61 152.63 133.70 - LU0748867792 - -
Class E2 EUR None 132.64 -0.79 -0.59 143.83 126.20 - LU0414665884 - -
Class A4 EUR Annual 139.13 -0.83 -0.59 150.60 131.89 - LU0414668557 - -
Class A2 EUR None 139.17 -0.83 -0.59 150.64 131.94 - LU0411704413 - -
Class D2 EUR None 145.84 -0.86 -0.59 157.49 137.71 - LU0414666189 - -

Literature

Literature