Report
Sarah Godfrey

BlackRock Frontiers Investment Trust (BRFI) | Big opportunities in the world's smallest markets

BlackRock Frontiers Investment Trust (BRFI) offers a unique proposition for emerging markets investors, avoiding the largest markets – which between them account for the vast majority of global EM investment – in favour of less researched and often faster-growing countries at an earlier stage of development. Co-managers Sam Vecht and Emily Fletcher, backed by BlackRock's deep and broad research resources, blend top-down and bottom-up considerations to find investment opportunities in smaller emerging and frontier markets worldwide, resulting in a highly differentiated global portfolio that has delivered attractive returns to investors over both the short and longer term, backed up by compelling valuations and a higher-than-average dividend yield (currently 4.4%). While the word ‘frontier' may conjure a hint of wildness and danger, these markets (as represented in BRFI's benchmark) have consistently – if perhaps surprisingly – exhibited lower volatility of 10-year returns than US, UK and broader EM indices.
Underlying
Blackrock Frontiers Investment Trust

BlackRock Frontiers Investment Trust is an investment trust and its principal activity is portfolio investment. Co. invests in the securities of companies domiciled or listed in, or exercising the predominant part of their economic activity in, Frontier Markets. Investment may also be made in the securities of companies domiciled or listed in, or exercising the predominant part of their economic activity in, more developed markets but with significant business operations in Frontier Markets. BlackRock Fund Managers Limited (BFM) is Co.'s Alternative Investment Fund Manager, and BlackRock Investment Management (UK) Limited is Co.'s Investment Manager under a delegation agreement with BFM.

Provider
Capital Access Group
Capital Access Group

Capital Access Group advises companies on effective engagement with investors. Our experienced team offers market-leading access with hard-to-reach investors, including smaller institutions, pension funds and private client fund managers. These under-serviced investors are located not only in London but across the regions of the UK and Europe. We have an unrivalled knowledge of this extensive audience, to whom our published research is distributed, as well as to larger institutions. We offer this service as part of an integrated investor communications strategy to promote a company’s investment story.

Our clients, ranging from AIM to FTSE 100 companies, benefit from our professional, long-term relationships with investors. Not only do we identify and target investors, we contact them directly and relay their views back to clients with analysis, interpretation and advice. This ensures that our clients are in control of their investor engagement. The objective is to improve the reach and engagement with investors, which in turn strengthens the share price.

Analysts
Sarah Godfrey

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