Investment Trusts

BlackRock Frontiers Investment Trust Plc

BRFI:LSE

BlackRock Frontiers Investment Trust Plc

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  • Price (GBX)201.50
  • Today's Change1.25 / 0.62%
  • Shares traded451.68k
  • 1 Year change+25.16%
  • Beta0.6355
Data delayed at least 20 minutes, as of Feb 20 2026 15:44 GMT.
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About the company

BlackRock Frontiers Investment Trust plc is a United Kingdom-based investment trust. The Company’s investment objective is to achieve long term capital growth by investing in companies domiciled or listed in, or exercising the predominant part of their economic activity in, less developed countries. These countries (the Frontiers Universe) are any country which is neither part of the MSCI World Index of developed markets nor one of the eight largest countries by market capitalization in the MSCI Emerging Markets. The Company invests in a number of developing emerging markets. The Company invests in various sectors, such as financials, real estate, industrials, consumer discretionary, materials, information technology, communication services, consumer staples, healthcare, and energy. The Company's investment manager is BlackRock Investment Management (UK) Limited. The Company's alternative investment fund manager is BlackRock Fund Managers Limited.

  • Revenue in GBP (TTM)53.89m
  • Net income in GBP43.66m
  • Incorporated2010
  • Employees0.00
  • Location
    BlackRock Frontiers Investment Trust Plc12 Throgmorton AvenueLONDON EC2N 2DLUnited KingdomGBR
  • Phone+44 207 743 3000
  • Fax+44 207 743 1000
  • Websitehttps://www.blackrock.com/uk/
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Profile

Management group(s)BlackRock
AIC sectorGlobal Emerging Markets
ISINGB00B3SXM832
Launch date17 Dec 2010
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

The investment objective is to achieve long-term capital growth by investing in companies domiciled or listed in, or exercising the predominant part of their economic activity in, less developed countries. These countries are any country which is neither part of the MSCI World Index of developed markets, nor one of the eight largest countries by Market Cap in the MSCI Emerging Markets Index.

Managed by

Sam Vecht, Emily Fletcher

Management & contract fees

The management fee is tiered, with 1.10% p.a applied to net assets up to and including US$650 m and 1.00% p.a above US$650m. A performance fee of 10% is payable on any NAV outperformance of the MSCI Emerging Markets Index. The management contract is terminable on 6 months’ notice.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Jpmorgan Asia Growth & Income PLC53.92m50.62m353.44m0.007.181.10--6.560.73130.73130.74624.760.1617--24.52--15.185.0615.405.0996.4690.6793.8881.83----0.0085.2816.777.4425.298.29--8.36
Henderson High Income Trust plc49.31m43.68m354.29m0.008.171.10--7.190.25570.25570.29011.900.1279--16.42--11.333.2713.013.7389.9974.2188.5869.49----0.0573146.8022.92-10.6821.27-13.23--1.58
Seraphim Space Investment Trust PLC56.94m52.99m355.80m0.006.711.27--6.250.22350.22350.241.190.2233--3,163.06--20.78--20.81--94.9081.8293.0673.71----0.000.00444.62--687.53------
Baillie Gifford Shin Nippon PLC12.70m7.44m361.14m0.0053.251.03--28.430.02770.02770.04561.430.027--3.30--1.58-4.431.91-4.7470.30--58.60------0.00--67.02--62.81------
Dunedin Income Growth Investmnt Trst PLC14.02m8.75m366.04m0.0044.930.9566--26.110.06790.06790.10413.190.029--1.95--1.813.721.893.8373.9385.4362.4479.90----0.1084105.1940.11-15.6448.59-17.13--2.26
Intuitive Investments Group PLC-3.35m-4.28m366.09m0.00--1.01-----0.0203-0.0203-0.0161.50-0.0105-------1.34---1.34--------------0.00---316.92---87.42------
Pensionbee Group PLC36.69m-4.52m366.38m193.00--11.37--9.99-0.019-0.0190.15760.13541.30--13.61190,114.00-15.98-58.69-19.94-65.37-----12.33-78.70----0.0066--39.4156.4370.33--10.23--
CT Private Equity Trust PLC43.90m30.67m371.82m0.0012.130.7483--8.470.42880.42880.6146.950.0727--18.61--5.0811.245.3212.3072.7083.2069.8581.72----0.196228.4816.79-1.3742.69-7.83--12.84
Polar Capital Global Fincls Trust PLC64.31m54.62m380.73m0.008.701.02--5.920.26890.26890.27542.300.113--4.14--9.609.7810.8510.4894.4694.7984.9385.11--17.010.09724.30-63.23---66.81----3.20
BlackRock Frontiers Investment Trust PLC53.89m43.66m380.81m0.008.721.15--7.070.23070.23070.28471.750.1633--15.61--13.2316.1513.8016.9284.6287.7181.0284.88--980.060.0000425.775.08--0.5449----7.39
Mortgage Advice Bureau (Holdings) PLC290.80m19.02m394.55m936.0020.905.4214.521.360.32540.32544.981.251.76--21.41310,682.7011.5812.4518.8419.5830.1728.486.576.83----0.2094106.4111.2713.1518.041.8674.1510.01
AVI Japan Opportunity Trust PLC52.30m48.69m396.60m0.005.181.06--7.580.35310.35310.37911.720.2179--17.92--20.298.1421.938.7496.1590.6893.1187.15----0.124714.2555.5919.6254.1121.49----
Lowland Investment Company PLC63.26m58.56m399.25m0.006.821.09--6.310.26610.26610.25921.660.1481--28.28--13.7111.6214.3912.3194.0293.2692.5791.70----0.075634.581.42--1.71----2.00
Polar Capital Global Healthcare Trst PLC-23.48m-28.05m409.37m0.00--1.13-----0.2313-0.2313-0.19363.70-0.0498-------5.956.11-6.056.28--89.45--83.34---833.120.009.33-134.02---144.67----1.92
Tatton Asset Management PLC49.34m17.00m410.72m113.0024.557.3022.738.320.27290.27290.79180.91790.803--16.64436,637.2027.5226.0832.2531.68----34.2834.49----0.012871.2523.1016.2224.9214.05-2.2214.63
Schroder Japan Trust PLC25.27m20.97m412.21m0.0019.931.21--16.310.18060.18060.21782.980.0707--11.00--5.8610.566.0310.9789.3993.7982.9689.96----0.0024.41-61.29---65.64----18.46
Data as of Feb 20 2026. Currency figures normalised to BlackRock Frontiers Investment Trust Plc's reporting currency: UK Pound GBX

Institutional shareholders

58.56%Per cent of shares held by top holders
HolderShares% Held
City of London Investment Management Co. Ltd.as of 03 Feb 202618.88m9.98%
Investec Wealth & Investment Ltd.as of 02 Dec 202417.36m9.17%
Rathbones Investment Management Ltd.as of 02 Feb 202614.89m7.87%
Brewin Dolphin Ltd.as of 02 Dec 202412.53m6.62%
Bill & Melinda Gates Foundation Trust (Investment Management)as of 02 Feb 202610.32m5.45%
1607 Capital Partners LLCas of 01 Apr 20259.16m4.84%
BlackRock Investment Management (UK) Ltd.as of 07 Oct 20229.00m4.76%
TrinityBridge Ltd.as of 02 Feb 20267.59m4.01%
Hargreaves Lansdown Fund Managers Ltd.as of 02 Feb 20267.16m3.78%
Banque Lombard Odier & Cie SA (Investment Management)as of 02 Feb 20263.95m2.09%
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Data from 30 Sep 2025 - 31 Jan 2026Source: FactSet Research Systems Inc.
Data Provided by LSEG
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