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

Chart

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

  2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Return (%) USD 5.2 -2.0 7.5 10.3 8.5 16.6 25.7
Comparator Benchmark 1 (%) USD 2.1 2.6 1.1 0.2 2.0 5.5 5.6

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

  1y 3y 5y 10y Incept.
8.16 15.18 13.88 - 8.12
Comparator Benchmark 1 (%) USD 4.73 5.28 3.50 - 2.75
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
5.34 1.67 -0.02 -0.73 8.16 52.80 91.51 - 98.37
Comparator Benchmark 1 (%) USD 4.30 0.35 1.12 2.32 4.73 16.67 18.75 - 26.91
  From
30-Sept-2020
To
30-Sept-2021
From
30-Sept-2021
To
30-Sept-2022
From
30-Sept-2022
To
30-Sept-2023
From
30-Sept-2023
To
30-Sept-2024
From
30-Sept-2024
To
30-Sept-2025
Total Return (%) USD

as of 30/Sept/2025

12.70 3.19 13.31 20.45 13.84
Comparator Benchmark 1 (%) USD

as of 30/Sept/2025

0.21 0.98 5.03 5.82 4.85

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
SDR classification
ESG Overseas
Ongoing Charges Figures
1.88%
ISIN
LU1508157978
Minimum Initial Investment
USD 5,000.00
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
Equity Market Neutral USD
Dealing Frequency
Daily, forward pricing basis
SEDOL
BDR09R3
Share Class launch date
22/Feb/2017
Share Class Currency
USD
Asset Class
Equity
SFDR Classification
Article 8
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
BSAPA2U

Risk Indicator

Risk Indicator

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

Ratings

Ratings

Morningstar Rating

5 stars
Overall Morningstar Rating for BSF BlackRock Systematic Asia Pacific Equity Absolute Return Fund, Class A2, as of 30/Nov/2025 rated against 94 Equity Market Neutral USD Funds.

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 USD 199.62 -0.34 -0.17 04/Dec/2025 200.81 183.72 LU1508157978
Class A2 Hedged AUD 102.21 -0.18 -0.18 04/Dec/2025 103.11 99.54 LU3030295169
Class X2 Hedged GBP 190.29 -0.32 -0.17 04/Dec/2025 190.61 170.11 LU2419916288
Class A2 Hedged EUR 170.02 -0.32 -0.19 04/Dec/2025 173.05 159.74 LU1508158430
Class A2 Hedged JPY 10,025.34 -20.75 -0.21 04/Dec/2025 10,293.18 9,797.61 LU3030295326
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 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 A2 Hedged CHF 100.00 -0.21 -0.21 04/Dec/2025 102.91 97.79 LU3030295599
Class D2 Hedged GBP 100.07 -0.18 -0.18 04/Dec/2025 100.36 97.21 LU3055024726
Class A2 Hedged GBP 102.46 -0.18 -0.18 04/Dec/2025 103.13 99.74 LU3030295755
Class I2 Hedged EUR 101.20 -0.14 -0.14 04/Dec/2025 101.34 98.82 LU3183143570
Class D2 USD 207.10 -0.35 -0.17 04/Dec/2025 207.77 189.71 LU1508158190
Class Z2 Hedged GBP 204.84 -0.36 -0.18 04/Dec/2025 205.20 186.65 LU1586024074
Class A2 Hedged SGD 132.04 -0.25 -0.19 04/Dec/2025 134.76 124.45 LU2663582299
Class X2 USD 256.88 -0.42 -0.16 04/Dec/2025 257.30 229.37 LU1508158273
Class A2 Hedged CNH 1,009.81 -1.92 -0.19 04/Dec/2025 1,030.41 985.95 LU3030295243
Class X2 AUD Hedged AUD 147.85 -0.25 -0.17 04/Dec/2025 148.10 132.54 LU2649166233
Class D2 Hedged EUR 175.01 -0.33 -0.19 04/Dec/2025 177.65 163.67 LU1593227850
Class A2 Hedged HKD 1,011.57 -1.86 -0.18 04/Dec/2025 1,031.22 985.71 LU3030294949

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

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