BlackRock Frontiers (Ordinary Share) BRFI

Global Emerging Markets

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Estimated NAV

122.00

Share Price

126.90

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
BlackRock Frontiers (Ordinary Share) Price 22.94%
BlackRock Frontiers (Ordinary Share) NAV 25.78%
MSCI EM (Emg Mkts) -0.31%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 125.5 3.2% 122.00 122.00
20 Jul
116% 3.46%

Discrete performance % over

Fund / BenchmarkAug '13
Jul '14
Aug '14
Jul '15
Aug '15
Jul '16
BlackRock Frontiers (Ordinary Share) Price10.33-3.3315.27
BlackRock Frontiers (Ordinary Share) NAV12.09-0.1512.39
MSCI EM (Emg Mkts)15.13-9.20-4.64

Discrete performance over

Discrete Performance

Top 10 Holdings

Kazmunaigas Exploration-Production Jsc, 4.48%
Grupo Financiero Galicia 4.15%
MCB Bank Ltd. 4.03%
Banco Macro S.A. ADR 3.70%
Kuwait Food Co 3.70%
Square Pharmaceuticals 3.70%
MHP 3.59%
SNGN Romgaz SA 3.47%
Equity Group 3.47%
Pampa Energia SA ADR 3.47%

Sectors weighting

Finance - General 33.30%
Consumer Staples 17.00%
Materials 10.90%
Utilities 7.60%
Telecommunications 7.20%
Energy 6.60%
Healthcare 5.50%
Information Technology 4.40%
Consumer Discretionary 3.80%
General Industrials 3.70%

Regional weighting

Other Countries 69.00%
Asia inc Japan 17.00%
Cash/Cash Equivalent 10.00%
Middle East Region 4.00%
  • Investment trust info:

  • Sector Global Emerging Markets
  • Launch Date 17 Dec 2010
  • Currency GBX
  • Domicile UK
  • Share Price 126.90
  • Share Type Ordinary Share
  • TIDM BRFI
  • ISIN GB00B3SXM832
  • Shares Issued (M) 164
  • Market Capital (£M) 206.24
  • Gross Assets (£M) 232.70
  • Net Assets (£M) 199.88
  • TER (%) 1.45
  • Historic Dividend Yield (%) 3.46
  • Last AGM 10 Feb 2016
  • Next AGM 10 Feb 2017
  • Last Annual Report Date 29 Jan 2016
  • Next due Report Date 30 Sep 2016
  • Next due Report Type A/R
  • Objective:

  • To achieve long term capital growth from investment in companies operating in Frontier Markets or whose stocks are listed on the stock markets of such countries.
  • Management Group(s):

  • BlackRock Fund Managers Limited
  • BlackRock Investment Management (UK) Ltd
  • BlackRock Investment Management (UK) Ltd
  • BlackRock Investment Management (UK) Ltd.
  • Managed by:

  • Emily Fletcher Start: 17 May 2013
  • Sam Vecht Start: 17 Dec 2010
  • Management Contract & Fees:

    The Manager will receive from the Company a management fee, calculated and accrued daily but payable quarterly in arrears, equivalent to 1.10% p.a. of the Gross Assets. The Manager is also entitled to receive a performance fee at a rate of 10% of any increase in the Net Asset Value at the end of a performance period over and above what would have been achieved had the cumulative Net Asset Value since Admission increased in line with the Reference Index, currently being the MSCI Frontier Markets Index. The performance fee payable in any year will be capped at an amount equal to 2.5% or 1% of the Gross Assets if there is an increase or decrease in the Net Asset Value per Share at the end of the relevant performance period respectively. The fee is subject to a high watermark. The agreement may be terminated by either party giving 6 months written notice, not to expire before the second anniversary of Admission.