Multi Asset

BSF BlackRock Systematic Style Factor Fund

Overview

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.

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

To the extent the Fund undertakes securities lending to reduce costs, the Fund will receive 62.5% of the associated revenue generated and the remaining 37.5% will be received by BlackRock as the securities lending agent. As securities lending revenue sharing does not increase the costs of running the Fund, this has been excluded from the ongoing charges.

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Performance

Performance

Chart

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Reinvestments

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

This chart shows the fund's performance as the percentage loss or gain per year over the last 7 years.

  2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Total Return (%) -0,4 -7,4 -4,7 -23,5 13,9 0,8 12,4
Comparator Benchmark 1 (%) 1,1 2,1 2,6 1,1 0,2 2,0 5,5

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

  1y 3y 5y 10y Incept.
12,18 9,37 0,17 - 0,10
Comparator Benchmark 1 (%) 5,79 3,29 2,49 - 2,10
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
7,38 0,08 1,65 4,04 12,18 30,82 0,85 - 0,86
Comparator Benchmark 1 (%) 2,38 0,48 1,43 2,88 5,79 10,19 13,07 - 18,74
  From
31.03.2019
To
31.03.2020
From
31.03.2020
To
31.03.2021
From
31.03.2021
To
31.03.2022
From
31.03.2022
To
31.03.2023
From
31.03.2023
To
31.03.2024
Total Return (%)

as of 31.03.2024

-13,49 -14,29 3,19 14,60 13,40
Comparator Benchmark 1 (%)

as of 31.03.2024

2,38 0,64 0,20 3,09 5,72

The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

Share Class and Benchmark performance displayed in EUR, hedged share class 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

Key Facts

Key Facts

Net Assets of Fund
as of 14.06.2024
USD 155 927 260
Fund Launch Date
29.02.2016
Fund Base Currency
USD
Comparator Benchmark 1
3 Month SOFR Compounded in Arrears plus 26.1 basis point spread
Initial Charge
5,00%
ISIN
LU1352906298
Performance Fee
0,00%
Minimum Subsequent Investment
EUR 0
Domicile
Luxembourg
Management Company
BlackRock (Luxembourg) S.A.
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BSAD2EH
Share Class launch date
29.02.2016
Share Class Currency
EUR
Asset Class
Multi Asset
SFDR Classification
Other
Ongoing Charges Figures
1,13%
Annual Management Fee
0,55%
Minimum Initial Investment
EUR 100000
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
Multistrategy EUR
Dealing Frequency
Daily, forward pricing basis
SEDOL
BYVJX93

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage 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. MSCI Ratings are currently unavailable for this fund.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons
as of 31.05.2024
0,00%
MSCI - Nuclear Weapons
as of 31.05.2024
0,00%
MSCI - Civilian Firearms
as of 31.05.2024
0,00%
MSCI - Tobacco
as of 31.05.2024
0,00%
MSCI - UN Global Compact Violators
as of 31.05.2024
0,00%
MSCI - Thermal Coal
as of 31.05.2024
0,00%
MSCI - Oil Sands
as of 31.05.2024
0,00%

Business Involvement Coverage
as of 31.05.2024
5,37%
Percentage of Fund not covered
as of 31.05.2024
9,81%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0,00% and for Oil Sands 0,00%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

ESG Integration

ESG Integration

ESG integration is the practice of incorporating financially material environmental, social and governance (ESG) data or information into the investment decision process with the objective of enhancing risk-adjusted returns of our clients’ 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 or strategy, but rather describes how ESG data or 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 environmental aspects, human capital or management quality. As part of this research, the Fund manager may conduct due diligence on ESG data providers. Once these signals have met the criteria necessary to be incorporated in the portfolio, they are considered, where applicable, 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, where appropriate, 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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2
3
4
5
6
7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Ratings

Morningstar Rating

3 stars
Overall Morningstar Rating for BSF BlackRock Systematic Style Factor Fund, Class D2 Hedged, as of 31.05.2024 rated against 371 Multistrategy EUR Funds.

Pricing & Exchange

Pricing & Exchange

Investor Class Currency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Class D2 Hedged EUR 101,20 -0,30 -0,30 14.06.2024 102,51 90,88 LU1352906298
Class A2 Hedged EUR 86,34 -0,25 -0,29 14.06.2024 87,54 77,95 LU1352906025
Class A4 USD 109,79 -0,32 -0,29 14.06.2024 113,62 99,91 LU1394251976
Class D2 Hedged GBP 101,26 -0,29 -0,29 14.06.2024 102,37 89,71 LU1572169370
Class I2 BRL Hedged (USD) USD 86,24 0,32 0,37 14.06.2024 92,55 80,18 LU1718790519
Class X2 Hedged AUD 124,02 -0,36 -0,29 14.06.2024 125,41 110,01 LU1352906454
Class D2 USD 117,24 -0,34 -0,29 14.06.2024 118,38 103,64 LU1373035408
Class I2 Hedged EUR 102,86 -0,30 -0,29 14.06.2024 104,15 92,19 LU1352906538
Class IPF2 Hedged CHF 91,17 -0,26 -0,28 14.06.2024 92,68 83,32 LU1706559660
Class Z2 Hedged EUR 102,49 -0,30 -0,29 14.06.2024 103,80 91,98 LU1363273480
Class Z2 USD 118,42 -0,34 -0,29 14.06.2024 119,54 104,63 LU1363273308
Class X2 Hedged EUR 98,84 -0,28 -0,28 14.06.2024 99,98 88,08 LU1781817777
Class A4 Hedged EUR 96,93 -0,29 -0,30 14.06.2024 98,96 88,11 LU1394254640
Class I2 Hedged GBP 101,88 -0,29 -0,28 14.06.2024 102,97 90,08 LU1532729727
Class A2 Hedged SEK 89,90 -0,25 -0,28 14.06.2024 91,24 81,00 LU1609299281
Class X2 USD 125,44 -0,36 -0,29 14.06.2024 126,50 110,07 LU1352906371
Class IPF2 Hedged EUR 103,40 -0,30 -0,29 14.06.2024 104,68 92,57 LU1469409517
Class X2 Hedged GBP 122,08 -0,34 -0,28 14.06.2024 123,26 107,34 LU1423753034
Class A2 USD 110,63 -0,32 -0,29 14.06.2024 111,80 98,34 LU1352905993
Class I2 USD 104,46 -0,30 -0,29 14.06.2024 105,43 92,17 LU1640626609
Class D2 EUR 121,68 0,96 0,80 14.06.2024 123,22 103,13 LU1373035317
Class D2 Hedged CHF 87,36 -0,26 -0,30 14.06.2024 88,85 80,03 LU1640627169
Class X2 Hedged NZD 129,85 -0,37 -0,28 14.06.2024 131,30 113,58 LU1485749367
Class I2 Hedged CHF 88,69 -0,26 -0,29 14.06.2024 90,17 81,12 LU1640627243
Class I2 Hedged JPY 9 934,04 -30,42 -0,31 14.06.2024 10 125,64 9 211,20 LU1484781551

Portfolio Managers

Portfolio Managers

Philip Hodges
Philip Hodges
He Ren
He Ren

PRIIPs Performance Scenarios

PRIIPs Performance Scenarios

The EU Packaged Retail and Insurance-Based Products Regulation (PRIIPs) prescribes the calculation methodology, and publication of the outcomes, of four hypothetical performance scenarios regarding how the product may perform under certain conditions and for such to be published on a monthly basis. The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back. What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted. The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product, which may include input from benchmark(s) / proxy, over the last ten years.
Recommended holding period : 5 years
Example Investment EUR 10 000
Scenario
If you exit after 1 year
If you exit after 5 years

Minimum

There is no minimum guaranteed return. You could lose some or all of your investment.

Stress

What you might get back after costs
Average return each year
7 180 EUR
-28,2%
6 580 EUR
-8,0%

Unfavourable

What you might get back after costs
Average return each year
7 180 EUR
-28,2%
6 780 EUR
-7,5%

Moderate

What you might get back after costs
Average return each year
9 550 EUR
-4,5%
7 570 EUR
-5,4%

Favourable

What you might get back after costs
Average return each year
11 110 EUR
11,1%
9 680 EUR
-0,7%

The stress scenario shows what you might get back in extreme market circumstances.



Literature

Literature

 
Please access the document library in order to find the KID/KIID in local language.