Report
Sarah Godfrey

BlackRock Frontiers Investment Trust - Flying the flag for developing economies

BlackRock Frontiers posted another year of strong returns in FY23
(ended 30 September) and has continued to outperform into 2024, with NAV
and share price total returns over one, three, five and 10 years to end-January
2024 comfortably beating the average of its peers in the AIC Global Emerging
Markets sector. The trust offers a highly differentiated proposition,
avoiding the eight largest emerging markets, which between them tend to
account for around 90% of GEM investment. Instead, co-managers Sam Vecht,
Emily Fletcher and Sudaif Niaz, backed by BlackRock's deep and broad
research resources, blend top-down and bottom-up considerations to assess
investment opportunities in smaller emerging and frontier markets
worldwide. The result is a unique global portfolio that has delivered attractive
risk-adjusted returns, backed up by compelling valuations and a higher-
than-average dividend yield (currently 4.2%).
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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