5 Nov 2013 - Fund Review: BlackRock Multi Opportunity Fund

Attached is our most recently updated Fund Review on the BlackRock Multi Opportunity Fund.  

We would like to highlight the following aspects of the Fund:

• The Fund offers broad diversification across asset classes including equities, fixed income, currencies and commodities with an attractive risk profile, having provided double digit returns in 2009 through 2012 with low volatility of 2.10% over the last 48 months. 
• The current strategy has seen the Fund record only three negative months since May 2010, leading to annualised returns over the past 48 months (to September 2013) of 11.68% and an annualised volatility of 2.10% pa. The four year Sharpe Ratio is 3.60, indicating an excellent reward-to-risk ratio.  
• BlackRock's Active Scientific involves extensive research into every aspect of the investment process starting with the identification of fundamental investment insights. These are thoroughly tested to ensure that the outcome consistently adds to performance: Quantitative analysis is also applied to balance both performance and risk ensuring the position is only taken when the potential for reward is adequate.  Only insights meeting this multi level process are implemented into portfolios.

Sean Webster

Research and Database Manager
Australian Fund Monitors