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BSF European Credit Strategies H2 GBP

Ranked 17 out of 37 in - Bond Strategies over 12 months
All calculations are in GBP unless stated

Managed by

Jose Aguilar

Stephen Gough

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 : 31/12/2016 - 31/12/2017
  • Rank 17/37 Total Return
  • Rank 25/37 Standard Deviation
  • Rank 29/37 Max Drawdown
Fund Name Currency Return
15 GAM Star Absolute Return Bond GBP Inst Acc GBP

2.1%

16 GAM Multibond - Absolute Return Bd Plus-GBP A

Currency exposure is hedged

Currency exposure is hedged

GBP

2.1%

17 BSF European Credit Strategies H2 GBP GBP

2.0%

18 Threadneedle Credit Opps Ret 1 Acc GBP Hgd

Currency exposure is hedged

Currency exposure is hedged

GBP

1.8%

19 PIMCO Select Unconstrained Bond Ret GBP Acc GBP

1.8%

Fund Name Currency Loss
27 Legg Mason WA Macro Opportunities Bd A GBP Acc Hdg

Currency exposure is hedged

Currency exposure is hedged

GBP

-1.2%

28 Lazard Emerging Markets Total Return Dbt A AccHGBP

Currency exposure is hedged

Currency exposure is hedged

GBP

-1.2%

29 BSF European Credit Strategies H2 GBP GBP

-1.5%

30 GAM Multibond - Absolute Return Bd Plus-GBP A

Currency exposure is hedged

Currency exposure is hedged

GBP

-1.5%

31 Ignis Absolute Ret Gov Bond GBP I2 Acc GBP

-1.7%

Total Return

Quarterly Performance

to 31/12/2017 Annual Q1 Q2 Q3 Q4
2017 2.0% 1.2% -0.4% -0.5% 1.7%
2016 -2.2% -6.1% 0.4% 1.5% 2.2%
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. Ireland
  5. Jersey
  6. Luxembourg
  7. Netherlands
  8. Poland
  9. Singapore
  10. Spain
  11. Sweden
  12. Switzerland
  13. United Kingdom

Fund Info

  • Launch date16/02/2011
  • Share Class size01Mn
  • 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).