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Multi Asset

BSF Macro Opportunities 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 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

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Performance

Performance

  • Returns

  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
From
31-Dec-2018
To
31-Dec-2019
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of 31-Dec-19

- - - - -
  1y 3y 5y 10y Incept.
-3.09 - - - -1.40
  YTD 1m 3m 1y 3y 5y 10y Incept.
-0.54 0.31 2.95 -3.09 - - - -1.57

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. 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

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Performance chart data not available for display.
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Reinvestments

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

Key Facts

Key Facts

Size of Fund (Millions) as of 27-Mar-20 USD 70.334
Base Currency U.S. Dollar
Fund Launch Date 29-Nov-17
Share Class launch date 16-Jan-19
Asset Class Multi Asset
Morningstar Category Alt - Global Macro
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU1933810654
Bloomberg Ticker BSMOD2U
Initial Charge 5.00%
Performance Fee 15.00%
SEDOL BGSF1Z0
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 100000
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

as of 28-Feb-20
Name Weight (%)
US 10YR NOTE JUN 20 06/19/2020 39.12
FSWP: USD 1.566000 13-OCT-2026 24.47
Notional Cash Offset (LUK SWAP) 20.05
Notional Cash Offset (OEH0 FUTURE) 14.86
Notional Cash Offset (ESH0 FUTURE) 12.24
Name Weight (%)
MSCI EMER MKT INDEX (ICE) MAR 20 11.79
Notional Cash Offset (IKH0 FUTURE) 11.02
TREASURY BILL 03/03/2020 10.59
SPAIN (KINGDOM OF) 0 01/31/2025 10.18
TREASURY BILL 03/17/2020 9.70
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 28-Feb-20

% of Market Value

Type Fund
Allocations subject to change.
Sorry, sectors are not available at this time.
Sorry, maturities are not available at this time.
as of 28-Feb-20

% of Market Value

Type Fund
Sorry, ratings are not available at this time.
Sorry, market cap data is not available at this time.
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 D2 Hedged EUR - 93.90 0.11 0.12 101.55 91.60 - LU1933810654 - -
Class I2 BRL Hedged (USD) USD - 76.19 -1.45 -1.87 107.54 74.72 - LU1681056732 - -
Class Z2 USD None 96.95 0.11 0.11 102.77 94.60 - LU1681056906 - -
Class I2 EUR - 102.57 -0.04 -0.04 110.02 99.99 - LU1919855830 - -
Class D2 EUR - 101.06 -0.04 -0.04 108.55 98.52 - LU1919855327 - -
Class Z2 Hedged EUR None 90.82 0.10 0.11 98.32 88.60 - LU1681057037 - -
Class D2 Hedged GBP - 93.19 0.09 0.10 100.12 90.92 - LU1834329317 - -
Class D2 USD - 96.79 0.11 0.11 102.60 94.44 - LU1933810498 - -
Class A2 USD None 95.37 0.10 0.10 101.41 93.08 - LU1681056658 - -
Class Z2 Hedged CHF None 90.04 0.11 0.12 97.78 87.84 - LU1681057201 - -
Class Z2 Hedged GBP None 92.76 0.09 0.10 99.72 90.58 - LU1681057110 - -

Portfolio Managers

Portfolio Managers

Stuart Spodek
Stuart Spodek
Jack Hattem
Jack Hattem

Literature

Literature