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BSF Emerging Markets Flexi Dyn Bd D2 EUR Hgd

Ranked 29 out of 67 in - Emerging Markets Global Hard Currency over 12 months
All calculations are in EUR 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.

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Performance

Emerging Markets Global Hard Currency over : 31/05/2017 - 31/05/2018
  • Rank 29/67 Total Return
  • Rank 64/67 Standard Deviation
  • Rank 59/67 Max Drawdown
Fund Name Currency Return
27 Stone Harbor Emerging Markets Debt I EUR Acc EUR

-2.8%

28 UBAM Emerging Market Debt Opportunities IHC EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.8%

29 BSF Emerging Markets Flexi Dyn Bd D2 EUR Hgd

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.9%

30 F&C Emerging Markets Bond C EUR Hedged

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.0%

31 WIP Emerging Markets Fixed Income Fund A EUR EUR

-3.1%

Fund Name Currency Risk
62 Ashmore SICAV Emerging Markets Debt I EUR Inc

Currency exposure is hedged

Currency exposure is hedged

EUR

4.6

63 Schroder ISF Emerging Market Bond EUR Hdg A Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

4.9

64 BSF Emerging Markets Flexi Dyn Bd D2 EUR Hgd

Currency exposure is hedged

Currency exposure is hedged

EUR

5.0

65 Threadneedle Emerging Market Bd Ret Gross Acc EUR EUR

5.8

66 M&G (Lux) Emerging Markets HC Bond EUR A Acc EUR

6.1

Fund Name Currency Loss
57 M&G (Lux) Emerging Markets HC Bond EUR A Acc EUR

-6.6%

58 Morgan Stanley Emerging Markets Debt AH EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-6.6%

59 BSF Emerging Markets Flexi Dyn Bd D2 EUR Hgd

Currency exposure is hedged

Currency exposure is hedged

EUR

-6.6%

59 Eurizon Fund Bond Emerging Markets RH

Currency exposure is hedged

Currency exposure is hedged

EUR

-6.6%

61 Schroder ISF Emerging Market Bond EUR Hdg A Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

-6.7%

Total Return

Quarterly Performance

to 31/03/2018 Annual Q1 Q2 Q3 Q4
2018 -0.9%
2017 3.5% 0.7% -0.7% 1.5% 2.0%
2016 11.5% 1.3% 5.1% 2.1% 2.5%
2015 2.9% 2.9% -2.7% -2.8% 5.6%
2014 0.3% -0.9% 1.9% 0.5% -1.2%
2013 1.7%

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. Italy
  10. Jersey
  11. Luxembourg
  12. Netherlands
  13. Norway
  14. Singapore
  15. Spain
  16. Sweden
  17. Switzerland
  18. United Kingdom

Fund Info

  • Launch date17/07/2013
  • Share Class size177Mn
  • Base currencyEUR
  • ISIN LU0949128226
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment73,556
  • Min. regular additional investment0

Charges

  • Annual management0.75%
  • Initial investment0.75

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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).