BlackRock Strategic Funds Fixed Income Strategies D2RF GBP Hedged Acc

Buy/Sell Price  (as of 21/10/2016) £105.05   Day Change :  0.04%     Fund Code:  BSFIA 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

Our View

Provider Logo


Michael Krautzberger, CFA, EFFAS, Managing Director, is Chief Investment Officer and member of the board of BlackRock Asset Management Deutschland AG. Michael heads the Euro Fixed Income team within BlackRock's Fundamental Fixed Income Portfolio Management Group and is a member of Blackrock's EMEA Leadership Committee. Mr. Krautzberger's service with the firm dates back to 2005, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. He joined MLIM as head of the European Fixed Income Aggregate portfolio team and was responsible for the UCITS III restructuring of the MLIIF Euro Bond Funds. Prior to joining MLIM, Mr. Krautzberger was head of European fixed income at Union Investment in Frankfurt since 1999. Previously, he spent five years with Deutsche Bank's DWS, where he managed global fixed income portfolios and was responsible for the pre-Euro European currency unit and structured products. Mr. Krautzberger earned a BA degree in business administration and computer science from the European Business School in 1994, and a MA degree in economics from the University of Hagen in 1996.


Johan Sjogren, Director, is a member of the European Fixed Income Team within BlackRock Fundamental Fixed Income Portfolio Management Group. Mr. Sjogren joined Blackrock in 2010 from Bank of America Merrill Lynch where he worked as an analyst. Mr. Sjogren earned a B.Sc. degree, with First Class Honours, in Financial Economics from the University of St Andrews in 2008. Since joining BlackRock Mr. Sjogren has focused on managing aggregate flexible strategies with a focus on rates and currencies.
Investment HouseBlackRock
Fund ProviderBlackRock (Luxembourg) SA
ManagerMichael Krautzberger   Biography
ManagerJohan Sjogren   Biography

Fund Objective The BlackRock Fixed Income Strategies Fund seeks to achieve positive total returns over a rolling three year cycle. 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, governments, agencies and /or companies worldwide. The Fund will seek to achieve this investment objective by investing at least 70% of its total assets in fixed income transferable securities and fixed income related securities, currency forwards and, when determined appropriate, cash and near-cash instruments. The asset allocation of the Fund is intended to be flexible and the Fund will maintain the ability to switch exposure as market conditions and other factors dictate. The currency exposure of the Fund is flexibly managed.

Key Statistics

Fund Status
12-Month NAV High £105.05
12-Month NAV Low £101.11
Fund Comparative IndexEuro Overnight Avg
Morningstar CategoryTMAlt - Debt Arbitrage
Dividend FrequencyYearly
Distribution Yield -
Underlying Yield -

Annual Charges

Morningstar ratings

3 YearsN/A
5 YearsN/A
10 YearsN/A

Growth of £1000 Help

 as of  21/10/2016

Past Performance (%) Help

as of 

This Fund


Fund versus Morningstar Category

Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

Nothing to display.