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BSF Emerging Markets Flexi Dyn Bd A4RF GBP

Ranked 7 out of 9 in - Emerging Markets Global Hard Currency over 12 months
All calculations are in GBP unless stated

Managed by

Laurent Develay

Laurent Develay, director, is a portfolio manager on the Emerging Markets Debt team within BlackRock's Portfolio Management Group. He has responsibility for managing emerging market currencies and local debt investments. Prior to joining BlackRock in June 2012, Laurent was a portfolio manager in the Emerging Markets Debt team at Fischer Francis Trees & Watts (FFTW, a BNP Paribas Investment Partner) with an alpha focus on EM currencies and regional research coverage of Latin America. Prior to the merger between BNP Paribas and Fortis, he was head of the currency and commodity trading team at Fortis Investments for five years in Paris and London with a strong focus on emerging markets currencies. Previously, Laurent served as a currency trader at AXA Investment Managers where he started his career in 1999. He earned an MA in Finance in 1996 from the ESLSCA in Paris and a Certificate in Finance from UC Berkeley Extension in 1998.

Sergio Trigo Paz

Born in Bolivia, Sergio Trigo Paz of Blackrock is the head of emerging market debt, joining the company in 2012. Based in London, he has adopted a scenario-based and thematic style of investing. He attended the renowned Paris Sorbonne University where he gained a master’s degree in finance and a post graduate diploma in management. Following this he spent eight years with BNP Paribas IP specialising in emerging market bonds. Away from the office, Sergio is an adventurous person who particularly enjoys mountain climbing.

Michal Wozniak

Michal Wozniak is a portfolio manager in the Emerging Markets Debt team within BlackRock Fundamental Fixed Income. He has responsibility for managing multi-segment strategies, including sovereign debt, local debt and emerging market currencies investments. Prior to joining BlackRock in November 2013, Wozniak was working as a portfolio manager in Emerging Markets Debt teams at Lombard Odier Investment Managers and JPMorgan Asset Management, focusing on global local and hard currency fixed income strategies. Before that, he was responsible for Eastern European strategies in Fortis Investments in London. Wozniak started his professional career in 2000 as an equity analyst in ABN AMRO Asset Management and earned a Masters in Finance and Banking from the Warsaw School of Economics in 2001.

Objective

The Fund seeks to maximise total return. The Fund will seek to achieve this investment objective by taking long, synthetic long and synthetic short investment exposures. It will seek to gain at least 70% of its investment exposure through fixed income transferable securities and fixed income related securities (including derivatives), denominated in both emerging market and non-emerging market currencies, issued by, or giving exposure to, governments and agencies of, and companies domiciled in, or exercising the predominant part of their economic activity in, emerging markets.

Showing fund performance in Jersey View performance globally

Performance

Emerging Markets Global Hard Currency over : 31/07/2017 - 31/07/2018
  • Rank 7/9 Total Return
  • Rank 7/9 Standard Deviation
  • Rank 9/9 Max Drawdown
Fund Name Currency Return
5 T Rowe Emerging Markets Bond IH 10 GBP Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

-1.8%

6 AG Select Emerging Markets Bond X Acc GBP GBP

-2.0%

7 BSF Emerging Markets Flexi Dyn Bd A4RF GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

-2.6%

8 BGF Emerging Markets Bond A2 GBP Hedged

Currency exposure is hedged

Currency exposure is hedged

GBP

-3.5%

9 HSBC GIF Global Emerging Markets Bond IH GBP C

Currency exposure is hedged

Currency exposure is hedged

GBP

-3.7%

Fund Name Currency Risk
5 T Rowe Emerging Markets Bond IH 10 GBP Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

4.9

6 Barclays GA - Emerging Market Debt M Inc GBP GBP

4.9

7 BSF Emerging Markets Flexi Dyn Bd A4RF GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

6.3

8 AG Select Emerging Markets Bond X Acc GBP GBP

8.0

9 Fidelity Funds - Emerging Market Debt W-ACC-GBP GBP

8.8

Fund Name Currency Loss
5 HSBC GIF Global Emerging Markets Bond IH GBP C

Currency exposure is hedged

Currency exposure is hedged

GBP

-7.3%

6 BGF Emerging Markets Bond A2 GBP Hedged

Currency exposure is hedged

Currency exposure is hedged

GBP

-7.4%

7 AG Select Emerging Markets Bond X Acc GBP GBP

-8.3%

8 Fidelity Funds - Emerging Market Debt W-ACC-GBP GBP

-8.4%

9 BSF Emerging Markets Flexi Dyn Bd A4RF GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

-9.6%

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 -0.9% -7.6%
2017 3.6% 0.7% -0.7% 1.5% 2.1%
2016 11.6% 1.3% 5.2% 2.2% 2.4%
2015 2.8% 2.9% -2.7% -2.9% 5.7%
2014 0.4% -1.3%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Chile
  4. Denmark
  5. Finland
  6. France
  7. Germany
  8. Ireland
  9. Jersey
  10. Luxembourg
  11. Netherlands
  12. Norway
  13. Singapore
  14. Spain
  15. Sweden
  16. Switzerland
  17. United Kingdom

Fund Info

  • Launch date11/06/2014
  • Share Class size01Mn
  • Base currencyGBP
  • ISIN LU1072457747
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment62,214
  • Min. regular additional investment0

Charges

  • Annual management1.50%
  • Initial investment5.00%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).