We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

BlackRock Frontiers Investment Trust plc (BRFI) Ordinary 1p

Sell:182.50p Buy:183.50p 0 Change: 0.50p (0.27%)
FTSE All Share:0.67%
Market closed |  Prices as at close on 20 January 2026 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend | Tender Offer

BlackRock Frontiers Investment Trust plc Ordinary 1p

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 9 Jan 2026)

You have the chance to sell some or all of your BlackRock Frontiers Investment Trust shares back to the company. This is called a tender offer and is a way companies return cash to shareholders.

We don’t know yet what price you’ll get for the shares you sell. From 24 February 2026 Blackrock will move the assets of the trust represented by the shares being sold into a separate pool. These assets will then be sold and the proceeds, after the costs of the offer, paid to shareholders who sold shares. Payment will be made as soon as possible, but no definite date has been announced.

You can ask to sell all or part of your holding in the offer. If you don’t want to sell any shares, you don’t need to do anything.

Sell shares in the offer – Act by noon on Wednesday 18 February 2026

Any shares you ask to sell will be removed from your portfolio from 18 Februay 2026. You’ll receive cash from shares successfully sold as soon as practicable after the commencement of the realisation of the tender offer pool.

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
Sell:182.50p
Buy:183.50p
Change: 0.50p (0.27%)
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
Market closed |  Prices as at close on 20 January 2026 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend | Tender Offer

BlackRock Frontiers Investment Trust plc Ordinary 1p

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 9 Jan 2026)

You have the chance to sell some or all of your BlackRock Frontiers Investment Trust shares back to the company. This is called a tender offer and is a way companies return cash to shareholders.

We don’t know yet what price you’ll get for the shares you sell. From 24 February 2026 Blackrock will move the assets of the trust represented by the shares being sold into a separate pool. These assets will then be sold and the proceeds, after the costs of the offer, paid to shareholders who sold shares. Payment will be made as soon as possible, but no definite date has been announced.

You can ask to sell all or part of your holding in the offer. If you don’t want to sell any shares, you don’t need to do anything.

Sell shares in the offer – Act by noon on Wednesday 18 February 2026

Any shares you ask to sell will be removed from your portfolio from 18 Februay 2026. You’ll receive cash from shares successfully sold as soon as practicable after the commencement of the realisation of the tender offer pool.

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
Sell:182.50p
Buy:183.50p
Change: 0.50p (0.27%)
Market closed |  Prices as at close on 20 January 2026 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend | Tender Offer

BlackRock Frontiers Investment Trust plc Ordinary 1p

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 9 Jan 2026)

You have the chance to sell some or all of your BlackRock Frontiers Investment Trust shares back to the company. This is called a tender offer and is a way companies return cash to shareholders.

We don’t know yet what price you’ll get for the shares you sell. From 24 February 2026 Blackrock will move the assets of the trust represented by the shares being sold into a separate pool. These assets will then be sold and the proceeds, after the costs of the offer, paid to shareholders who sold shares. Payment will be made as soon as possible, but no definite date has been announced.

You can ask to sell all or part of your holding in the offer. If you don’t want to sell any shares, you don’t need to do anything.

Sell shares in the offer – Act by noon on Wednesday 18 February 2026

Any shares you ask to sell will be removed from your portfolio from 18 Februay 2026. You’ll receive cash from shares successfully sold as soon as practicable after the commencement of the realisation of the tender offer pool.

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

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.
Security Weight
Emaar Properties PJSC 5.22%
PT Bank Mandiri (Persero) Tbk 4.79%
OTP Bank PLC 4.27%
Powszechny Zaklad Ubezpieczen SA 4.27%
Etihad Etisalat Co JSC 3.45%
Turkiye Is Bankasi AS Class C 3.43%
Eldorado Gold Corp 3.40%
Short Cfd Positions - Cash Offset 3.32%
LPP SA 3.28%
Lion Finance Group Plc GBP0.01 3.25%
Sector Weight
Financial Services 45.52%
Industrials 13.93%
Real Estate 12.97%
Consumer Cyclical 12.03%
Technology 7.69%
Communication Services 5.81%
Basic Materials 5.09%
Consumer Defensive 4.50%
Healthcare 2.89%
Energy 1.98%
Country Weight
United Arab Emirates 11.88%
Indonesia 10.79%
Poland 10.14%
United Kingdom 7.75%
Greece 7.53%
Saudi Arabia 7.01%
Turkey 6.48%
Thailand 5.58%
Kazakhstan 5.50%
Pakistan 5.19%

Fee Structure

The management fee is tiered, with 1.10% p.a applied to net assets up to and including US650 m and 1.00% p.a above US650m. 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.

Dividend Policy

Whether the Company will pay a similar final dividend to last year will depend on the state of the revenue account in the second half of the year at which time the Board will have greater visibility of the total revenue received in the financial year. The Board may also consider the use of brought forward revenue reserve to support the full year dividend if deemed appropriate to do so.

ASSET SPLIT

Total number of holdings: 60.

Trust Manager

Sam Vecht

Manager Bio

Sam Vecht, CFA, Managing Director, is Head of Emerging Europe, Frontiers and Alternative Strategies and a portfolio manager within BlackRock’s Fundamental Equity Group. Mr. Vecht is lead portfolio manager for the Emerging Markets Equity Strategies Fund and also co-manages the Latin America, Emerging Europe, Emerging Frontiers Hedge Fund, Frontiers, and Asia Pacific Absolute Return strategies. He is also a research pod leader of the EMEA & Frontiers and Latin America pods. Mr. Vecht's service with the firm dates back to 2000, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Mr. Vecht earned a BSc degree, with honours, in international relations and history from the London School of Economics

Board Of Directors

Katrina HartChairman, Christopher Casey, Stephen White, Elizabeth Airey, Lucy Taylor-Smith, Hatem Dowidar

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.