BSF Multi-Manager Alternative Strategies Fund

The BlackRock Strategic Funds (BSF) Multi-Manager Alternative Strategies Fund presents a new way for investors to build diversified core alternative exposure within a single investment. It aims to deliver returns uncorrelated to markets via exposure to a portfolio of hedge fund strategies. The fund is daily-dealing, UCITS-compliant and will seek to generate attractive risk-adjusted returns.

Price and performance

Reinventing fully diversified core alternative exposure

In this video, Mark Woolley lead portfolio manager and Mark Everritt head of risk management, explain their approach to managing the fund, and how it could benefit Investors.

Meet the sub-advisers

Hear more from the sub-advisers to the fund about their respective strategies.

We think the better economic environment will allow market participants to focus on the merits of individual stocks

Pierre-Henri Flamand, CEO, Man GLG

Manny Gavaudan, CEO, Boussard & Gavaudan Asset Management outlines the key strategies pursued within the context of the BSF Multi-Manager Alternative Strategies Fund.

A strategy that is diversified, so not correlated to traditional asset classes, a strategy that is liquid, scalable, that employs a moderate level of risks

Nathalie Esposito, Partner, GSA Capital Partners

Fund specific risks
Exchange rate risk - Overseas investment will be affected by movements in currency exchange rates. Complex derivative techniques (absolute return) - 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. Financial Markets, Counterparties and Service Providers - 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.

The BlackRock Strategic Funds (BSF) Multi-Manager Alternatives Strategies Fund is domiciled in Luxembourg. BlackRock Asset Management Schweiz AG, Bahnhofstrasse 39, CH-8001 Zurich, is the Swiss Representative and State Street Bank International GmbH, Munich, Zurich Branch, Beethovenstrasse 19, CH-8002 Zurich, the Swiss Paying Agent. The Prospectus, Key Investor Information Document, the Articles of Incorporation, the latest and any previous annual and semi-annual reports are available free of charge from the Swiss Representative. Investors should read the fund specific risks in the Key Investor Information Document and the Prospectus.
BlackRock Strategic Funds (BSF) is an open-ended investment company established and domiciled in Luxembourg which is available for sale in certain jurisdictions only. BSF is not available for sale in the U.S. or to U.S. persons. Product information concerning BSF should not be published in the U.S. It is recognised under Section 264 of the Financial Services and Markets Act 2000. BlackRock Investment Management (UK) Limited is the UK distributor of BSF. Most of the protections provided by the UK regulatory system, and the compensation under the Financial Services Compensation Scheme, will not be available. A limited range of BSF sub-funds have a reporting fund status A sterling share class that seeks to comply with UK Reporting Fund Status requirements. Subscriptions in BSF are valid only if made on the basis of the current Prospectus, the most recent financial reports and the Key Investor Information Document, which are available on our website. Prospectuses, Key Investor Information Documents and application forms may not be available to investors in certain jurisdictions where the Fund in question has not been authorised.