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BSF European Credit Strategies H2RF GBP

Ranked 35 out of 35 in - Bond Strategies over 12 months
All calculations are in GBP unless stated

Managed by

Michael Phelps

Based in London, Michael Phelps is a portfolio manager at BlackRock where he manages the BSF European Credit Strategies, BlackRock Global Long/Short Credit, BlackRock Global High Yield Bond and BSF European Constrained Credit Strategies dealing in European and global bonds, using alternative and long-only strategies. Michael graduated from the University of Cambridge with a degree in Economics.

Objective

The Fund seeks to achieve a positive absolute return for investors regardless of market movements. The Fund will seek to achieve this investment objective by taking long, synthetic long and synthetic short investment exposures. The Fund will seek to gain at least 70% of its investment exposure through fixed income transferable securities and fixed income related securities (including derivatives) issued by, or giving exposure to, companies, governments and agencies and denominated in European currencies or of issuers domiciled in, or exercising the predominant part of their economic activity in Europe.

Showing fund performance in United Kingdom View performance globally

Performance

Bond Strategies over : 31/03/2015 - 31/03/2016
  • Rank 35/35 Total Return
  • Rank 29/35 Standard Deviation
  • Rank 35/35 Max Drawdown
Fund Name Currency Return
31 Principal GI Finisterre EM Debt GBP Hdg A Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

-4.8%

32 Insight - Absolute Insight Credit B1p Sterling GBP

-5.7%

33 Threadneedle Absolute Return Bond Ret Gross Acc GBP

-6.2%

34 Threadneedle (Lux)-Global Opportunities Bond AGH

Currency exposure is hedged

Currency exposure is hedged

GBP

-6.9%

35 BSF European Credit Strategies H2RF GBP GBP

-11.4%

Fund Name Currency Risk
27 Threadneedle (Lux)-Global Opportunities Bond AGH

Currency exposure is hedged

Currency exposure is hedged

GBP

4.7

28 Lazard Em Mkts Total Rtn Dbt GBP Hdge Inst Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

5.4

29 BSF European Credit Strategies H2RF GBP GBP

5.6

30 Threadneedle Absolute Return Bond Ret Gross Acc GBP

5.7

31 Neuberger Berman Global Bd Abs Ret GBP I2 Acc GBP

5.8

Fund Name Currency Loss
31 Threadneedle Target Return Ret Gross Acc GBX GBP

-8.3%

32 MLIS Beach Point Div Credit UCITS GBP B Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

-8.5%

33 Threadneedle Absolute Return Bond Ret Gross Acc GBP

-9.5%

34 Threadneedle (Lux)-Global Opportunities Bond AGH

Currency exposure is hedged

Currency exposure is hedged

GBP

-10.4%

35 BSF European Credit Strategies H2RF GBP GBP

-12.4%

Total Return

Quarterly Performance

to 31/03/2016 Annual Q1 Q2 Q3 Q4
2016 -6.1%
2015 -3.2% 2.7% -0.3% -3.2% -2.2%
2014 1.6% 1.6% 1.9% -1.8% -0.2%
2013 5.6% 1.3% 0.4% 1.4% 2.4%
2012 7.3% 1.8% 0.9% 2.2% 2.2%
2011 1.4% -1.5% 0.8%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. France
  3. Germany
  4. Luxembourg
  5. Netherlands
  6. Singapore
  7. Switzerland
  8. United Kingdom

Fund Info

  • Launch date16/02/2011
  • Share Class size07Mn
  • Base currencyGBP
  • ISIN LU0592448178

Purchase Info

  • Min. initial investment31,108
  • Min. regular additional investment0

Charges

  • Annual management1.50%
  • Initial investment5

Related News

BlackRock hard-closes another star European fund

BlackRock has closed its European Opportunities Extension fund to new money, having taken similar action with several other European mandates over the past year.

BlackRock to hard-close AAA-rated star’s £1.2 billion fund

BlackRock has revealed its plans to close Michael Phelps highly performing European credit fund to new money.

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