Results analysis from Kepler Trust Intelligence · BlackRock Frontiers released its final results for the year ending 30 September 2020 last week, showing a decline in its NAV of 20%, relative to a fall of 15% from the benchmark - a bespoke index which tracks the emerging and frontier markets excluding the largest eight. · However, since the financial year end the trust has seen a sharp rise in absolute and relative performance as news of a COVID vaccine has lifted spirits, delivering NAV returns of 27.9% compared with a rise in the benchmark of 15.5% between the financial year end and 11 December 2020. · Having traded on a consistent premium for most of its recent life the trust started 2020 on a premium of 7.2%, but by its financial year end in September had moved to a discount of -4.9%. Although the discount has narrowed slightly since, it could still be a potentially attractive entry point for those seeking exposure to th
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