Equity

BSF BlackRock Systematic Asia Pacific Equity Absolute Return 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

This chart has been left intentionally blank 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 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

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 04.Dec.2025
USD 1 554 439 588
Fund Launch Date
22.Feb.2017
Fund Base Currency
USD
Comparator Benchmark 1
3 Month SOFR Compounded in Arrears plus 26.1 basis point spread
Initial Charge
5,00%
Management Fee
1,50%
Performance Fee
20,00%
Minimum Subsequent Investment
USD 1 000,00
Domicile
Luxembourg
Management Company
BlackRock (Luxembourg) S.A.
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
SAPERAG
Share Class launch date
30.Apr.2025
Share Class Currency
GBP
Asset Class
Equity
SFDR Classification
Article 8
Ongoing Charges Figures
1,89%
ISIN
LU3030295755
Minimum Initial Investment
USD 5 000,00
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
-
Dealing Frequency
Daily, forward pricing basis
SEDOL
BTCJ1R1

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 28.Nov.2025
Name Weight (%)
CITIC LTD 1,83
SUMITOMO MITSUI TRUST GROUP INC 1,69
PING AN INSURANCE GROUP CO OF CHINA LTD 1,45
AIA GROUP LTD 1,34
HON HAI PRECISION INDUSTRY CO LTD 1,34
Name Weight (%)
MIDEA GROUP CO LTD 1,28
SINGAPORE TECHNOLOGIES ENGINEERING LTD 1,25
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 1,19
ARISTOCRAT LEISURE LTD 1,14
BOE TECHNOLOGY GROUP CO LTD 1,12
Holdings subject to change

Pricing & Exchange

Pricing & Exchange

Investor Class Currency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Class A2 Hedged GBP 102,46 -0,18 -0,18 04.Dec.2025 103,13 99,74 LU3030295755
Class A2 Hedged CHF 100,00 -0,21 -0,21 04.Dec.2025 102,91 97,79 LU3030295599
Class A2 Hedged CNH 1 009,81 -1,92 -0,19 04.Dec.2025 1 030,41 985,95 LU3030295243
Class X2 Hedged GBP 190,29 -0,32 -0,17 04.Dec.2025 190,61 170,11 LU2419916288
Class I2 Hedged EUR 101,20 -0,14 -0,14 04.Dec.2025 101,34 98,82 LU3183143570
Class A2 Hedged HKD 1 011,57 -1,86 -0,18 04.Dec.2025 1 031,22 985,71 LU3030294949
Class A2 Hedged SGD 132,04 -0,25 -0,19 04.Dec.2025 134,76 124,45 LU2663582299
Class I2 USD 101,55 -0,13 -0,13 04.Dec.2025 101,68 98,91 LU3183143497
Class A2 Hedged CAD 101,50 -0,18 -0,18 04.Dec.2025 103,05 98,99 LU3030295672
Class X2 AUD Hedged AUD 147,85 -0,25 -0,17 04.Dec.2025 148,10 132,54 LU2649166233
Class Z2 Hedged EUR 187,44 -0,35 -0,19 04.Dec.2025 189,80 174,00 LU1508158604
Class Z2 USD 219,47 -0,37 -0,17 04.Dec.2025 219,84 199,55 LU1508158356
Class D2 Hedged EUR 175,01 -0,33 -0,19 04.Dec.2025 177,65 163,67 LU1593227850
Class Z2 Hedged GBP 204,84 -0,36 -0,18 04.Dec.2025 205,20 186,65 LU1586024074
Class A2 Hedged AUD 102,21 -0,18 -0,18 04.Dec.2025 103,11 99,54 LU3030295169
Class A2 Hedged EUR 170,02 -0,32 -0,19 04.Dec.2025 173,05 159,74 LU1508158430
Class D2 Hedged GBP 100,07 -0,18 -0,18 04.Dec.2025 100,36 97,21 LU3055024726
Class A2 Hedged JPY 10 025,34 -20,75 -0,21 04.Dec.2025 10 293,18 9 797,61 LU3030295326
Class D2 USD 207,10 -0,35 -0,17 04.Dec.2025 207,77 189,71 LU1508158190
Class A2 USD 199,62 -0,34 -0,17 04.Dec.2025 200,81 183,72 LU1508157978
Class X2 USD 256,88 -0,42 -0,16 04.Dec.2025 257,30 229,37 LU1508158273

Portfolio Managers

Portfolio Managers

Jeff Shen
Managing Director, is Co-CIO of Active Equity and Co-Head of Systematic Active Equity (SAE) at BlackRock.

Managing Director

Ryan Kim
Ryan Kim
Rui Zhao
Rui Zhao

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.
Example Investment GBP 10 000
Scenarios
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
8 620 GBP
-13,8%
7 860 GBP
-4,7%

Unfavourable

What you might get back after costs
Average return each year
9 040 GBP
-9,6%
7 860 GBP
-4,7%

Moderate

What you might get back after costs
Average return each year
9 200 GBP
-8,0%
7 970 GBP
-4,4%

Favourable

What you might get back after costs
Average return each year
9 640 GBP
-3,6%
8 520 GBP
-3,1%

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



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 28.Nov.2025
0,00%
MSCI - Nuclear Weapons
as of 28.Nov.2025
0,00%
MSCI - Civilian Firearms
as of 28.Nov.2025
0,00%
MSCI - Tobacco
as of 28.Nov.2025
0,00%
MSCI - UN Global Compact Violators
as of 28.Nov.2025
0,00%
MSCI - Thermal Coal
as of 28.Nov.2025
0,00%
MSCI - Oil Sands
as of 28.Nov.2025
0,00%

Business Involvement Coverage
as of 28.Nov.2025
58,01%
Percentage of Fund not covered
as of 28.Nov.2025
42,45%
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 0,02% 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

BlackRock considers many investment risks in our processes. In order to seek the best risk-adjusted returns for our clients, we manage material risks and opportunities that could impact portfolios, including financially material Environmental, Social and/or Governance (ESG) data or information, where available. See our Firm Wide ESG Integration Statement for more information on this approach and fund documentation for how these material risks are considered within this product, where applicable.

Literature

Literature

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