Equity

BSF Asia Pacific 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.

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. The fund invests a large portion of assets which are denominated in other currencies; hence changes in the relevant exchange rate will affect the value of the investment. Compared to more established economies, the value of investments in developing Emerging Markets may be subject to greater volatility due to differences in generally accepted accounting principles or from economic or political instability. Investments in China are subject to certain additional risks, particularly regarding the ability to deal in equity securities in China due to issues relating to liquidity and the repatriation of capital. As a result, the Fund may choose to gain exposure to Chinese equities indirectly and may be unable to gain full exposure to the Chinese equity markets. 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 fund may invest in smaller company shares which can be more unpredictable and less liquid than those of larger company shares. The fund may invest in exchange traded funds which have exposure to property securities and commodities (through an index). Property investments are subject to adverse changes in economic conditions, adverse local market conditions and risks associated with the acquisition, financing and ownership and operation and disposal of real property. The underlying commodities index may concentrate investment on selected commodity futures of multinational markets. This makes the exchange traded fund extremely dependent on the performance of the commodity markets concerned. The Fund may invest more than 10% of its Net Asset Value in the units of UCITS and/or other UCIs.
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Performance

Performance

  • Returns

  From
30-Sep-2014
To
30-Sep-2015
From
30-Sep-2015
To
30-Sep-2016
From
30-Sep-2016
To
30-Sep-2017
From
30-Sep-2017
To
30-Sep-2018
From
30-Sep-2018
To
30-Sep-2019
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 30-Sep-19

- - -0.83 -5.24 -0.26

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 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. Performance data is based on the net asset value (NAV) of the ETF which may not be the same as the market price of the ETF. Individual shareholders may realize returns that are different to the NAV performance.

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.
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Distributions

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

Key Facts

Key Facts

Size of Fund (Millions) as of 16-Oct-19 USD 28.035
Base Currency USD
Fund Launch Date 31-Aug-16
Inception Date 31-Aug-16
Asset Class Equity
Morningstar Category Alt - Long/Short Equity - Other
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU1417813919
Bloomberg Ticker BSAPA4E
Initial Charge 5.00%
Performance Fee 20.00%
SEDOL BZB1TK9
Dealing Settlement Trade Date + 3 days
Dealing Frequency Weekly, Business Day
Minimum Initial Investment EUR 5000
Minimum Subsequent Investment -
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

Holdings

Holdings

as of 30-Sep-19
Name Weight (%)
BANK CENTRAL ASIA TBK PT 2.65
PRUDENTIAL PLC 1.95
LT GROUP INC 1.89
KOREAN REINSURANCE CO 1.87
FLEXIUM INTERCONNECT INC 1.81
Name Weight (%)
BANK OF THE PHILIPPINE ISLANDS 1.69
MEITUAN DIANPING 1.60
ARISTOCRAT LEISURE LTD 1.60
ASYMCHEM LABORATORIES TIAN JIN CO LTD 1.60
JIANGSU HENGLI HYDRAULIC CO LTD 1.54
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
Class A4 Hedged EUR Annual 93.27 0.11 0.12 95.90 91.82 - LU1417813919 - -
Class Z2 Hedged CHF None 94.49 0.12 0.13 96.82 92.78 - LU1417814560 - -
Class A2 GBP None 97.25 -4.76 -4.67 102.75 92.33 - LU1513020419 - -
Class D2 EUR None 104.19 -0.49 -0.47 105.37 95.61 - LU1495982602 - -
Class D2 USD None 102.94 0.20 0.19 103.02 98.62 - LU1495982438 - -
Class D2 Hedged GBP None 97.23 0.15 0.15 98.45 94.55 - LU1417814057 - -
Class D2 Hedged EUR None 95.25 0.12 0.13 97.48 93.42 - LU1495982511 - -
Class Z2 Hedged EUR None 95.57 0.13 0.14 97.55 93.53 - LU1417814487 - -
Class X2 USD None 106.99 0.23 0.22 106.99 101.44 - LU1417814214 - -
Class A2 EUR None 101.44 -0.48 -0.47 102.61 93.61 - LU1417813836 - -
Class E2 Hedged EUR None 93.05 0.10 0.11 96.12 91.95 - LU1495982271 - -
Class E2 EUR None 100.03 -0.50 -0.50 101.21 92.63 - LU1417814131 - -
Class Z2 USD None 103.09 0.20 0.19 103.14 98.55 - LU1417814305 - -

Portfolio Managers

Portfolio Managers

Andrew Swan
Andrew Swan

Literature

Literature