BlackRock Style Advantage Fund

Multi Asset

BlackRock Style Advantage Fund

  • NAV as of 19-Feb-19 EUR 89.13
    52 WK: 86.63 - 97.31
  • 1 Day NAV Change as of 19-Feb-19 0.10 (0.11%)

Overview

Investment Approach

The Fund aims to achieve a positive absolute return through a combination of capital growth and income on your investment regardless of market conditions. The Fund will provide exposure to several investment styles including, (i) Value: focuses on investments that appear relatively cheap with the aim of outperformance relative to expensive assets; (ii) Momentum: focuses on investments with relatively strong medium term performance with the aim of benefitting from an asset’s recent relative performance continuing in the short term; (iii) Carry: focuses on higher-yielding investments with the aim of benefitting from the higher returns of these assets relative to lower-yielding assets; and (iv) Defensive: focuses on investments with low-risk characteristics with the aim of benefitting from the tendency for lower risk, higher quality assets to generate higher risk-adjusted returns than higher risk, lower quality assets. The Fund will invest on a global basis in any or all of the following asset classes: equity securities (e.g. shares), other equity-related securities, fixed income securities (e.g. bonds), other fixed-income related securities, permitted money market instruments (e.g. debt instruments with short-term maturities), mortgage backed securities (MBS) (i.e. financial securities backed by cash flows from debt), permitted deposits, cash and other funds

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.

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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-18

- - - - -8.11
Benchmark (%) Index: LIBOR 3 Month Index<br /><br /> Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

as of 31-Dec-18

- - - - 2.08

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 EUR, 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.
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Share Class and Benchmark performance displayed in EUR. Source: BlackRock. Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested. Source: BlackRock. Past performance is not a guide to future performance and should not be the sole factor of consideration when selecting a product.

Reinvestments

This product does not have any distributions data as of now.
Record Date Ex-Date Payable Date Total Distribution

Key Facts

Key Facts

Size of Fund (Millions) as of 19-Feb-19 USD 3,454.541
12m Trailing Yield The yield an investor would have received if they had held the fund over the last twelve months assuming the most recent NAV. The 12-Month yield is calculated by assuming any income distributions over the past twelve months and dividing by the sum of the most recent NAV and any capital gain distributions made over the past twelve months. -
Number of Holdings The number of holdings in the fund excluding cash positions and derivatives exposures. Derivatives are contracts used by the fund to gain exposure to an investment without buying it directly. They can be used in a number of ways. For example a 'currency forward' derivative contract can be used to 'hedge' or aim to mitigate the effects of changes in exchange rates. -
Base Currency USD
Fund Launch Date 29-Feb-16
Inception Date 07-Jun-17
Asset Class Multi Asset
Morningstar Category Alt - Multistrategy
Benchmark Index LIBOR 3 Month Index
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charges Figures Ongoing Charges Figure (OCF)- this is a measure of the total costs associated with managing and operating an investment fund. These costs consist primarily of management fees and other expenses such as trustee, custody, transaction and registration fees and other operating expenses. The total cost for the fund is divided by the fund’s total assets and expressed as a percentage which represents the OCF. 1.76%
ISIN LU1352906025
Bloomberg Ticker BSSA2EH
Annual Management Fee As reported in the fund's most recent Annual Management Report of Fund Performance. MER includes all management fees and GST/HST paid by the fund for the period, including fees paid indirectly as a result of holdings of other ETFs. 1.50%
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL BZ3C803
Bloomberg Benchmark Ticker 1
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 5000
Minimum Subsequent Investment EUR 1000
Use of Income Accumulating

Risk Indicator

Risk Indicator

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

Ratings

Holdings

Holdings

Sorry, top holdings are not available at this time.
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

Sorry, asset classes are not available at this time.
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 A2 Hedged EUR None 89.13 0.10 0.11 97.31 86.63 - LU1352906025 - -
Class X2 Hedged AUD None 112.35 0.07 0.06 118.12 107.42 - LU1352906454 - -
Class A2 USD None 105.18 0.12 0.11 112.04 101.36 - LU1352905993 - -
Class A4 Hedged EUR Annual 100.84 0.11 0.11 110.11 98.03 - LU1394254640 - -
Class D2 EUR None 105.38 0.14 0.13 106.04 97.25 - LU1373035317 - -
Class D2 Hedged EUR None 101.22 0.11 0.11 109.82 98.24 - LU1352906298 - -
Class X2 Hedged GBP None 107.35 0.13 0.12 114.61 103.59 - LU1423753034 - -
Class X2 Hedged EUR - 94.30 0.11 0.12 101.52 91.28 - LU1781817777 - -
Class IPF2 Hedged EUR None 102.47 0.11 0.11 110.81 99.41 - LU1469409517 - -
Class I2 BRL Hedged (USD) USD None 87.99 0.39 0.45 102.03 74.96 - LU1718790519 - -
Class IPF2 Hedged CHF None 93.22 0.10 0.11 100.92 90.43 - LU1706559660 - -
Class Z2 USD None 108.23 0.13 0.12 114.41 103.97 - LU1363273308 - -
Class A2 Hedged SEK None 90.77 0.10 0.11 99.09 88.19 - LU1609299281 - -
Class A4 USD Annual 106.87 0.12 0.11 113.85 102.99 - LU1394251976 - -
Class E2 Hedged EUR None 98.34 0.10 0.10 107.84 95.70 - LU1373035234 - -
Class Z2 Hedged EUR None 101.73 0.11 0.11 110.23 98.70 - LU1363273480 - -
Class D2 USD None 107.80 0.13 0.12 114.11 103.61 - LU1373035408 - -
Class E2 EUR None 102.18 0.14 0.14 103.06 95.31 - LU1373035150 - -
Class I2 Hedged GBP None 95.56 0.11 0.12 102.67 92.46 - LU1532729727 - -
Class X2 USD None 110.69 0.14 0.13 116.24 106.04 - LU1352906371 - -
Class I2 Hedged EUR None 101.78 0.11 0.11 110.25 98.74 - LU1352906538 - -
Class I2 USD None 95.63 0.12 0.13 101.08 91.85 - LU1640626609 - -
Class D2 Hedged GBP None 95.25 0.11 0.12 102.55 92.26 - LU1572169370 - -
Class X2 Hedged NZD None 111.31 0.13 0.12 117.21 106.82 - LU1485749367 - -
Class I2 Hedged CHF None 91.44 0.10 0.11 99.27 88.76 - LU1640627243 - -
Class D2 Hedged CHF None 91.04 0.10 0.11 99.08 88.42 - LU1640627169 - -
Class I2 Hedged JPY None 10,288.31 11.35 0.11 11,128.39 9,984.18 - LU1484781551 - -

Portfolio Managers

Portfolio Managers

Ked Hogan
Ked Hogan
Philip Hodges
Philip Hodges

Literature

Literature