Blackstone Diversified Multi-Strategy Fund

Historical Fact Cards

Document NameAction
Fact Card – Class A (EUR) AccumulatingDOWNLOAD
Fact Card – Class A (EUR) DistributingDOWNLOAD
Fact Card – Class A (SEK) AccumulatingDOWNLOAD
Fact Card – Class A (USD) AccumulatingDOWNLOAD
Fact Card – Class C (USD) AccumulatingDOWNLOAD
Fact Card – Class I (AUD) AccumulatingDOWNLOAD
Fact Card – Class I (CHF) AccumulatingDOWNLOAD
Fact Card – Class I (EUR) AccumulatingDOWNLOAD
Fact Card – Class I (EUR) DistributingDOWNLOAD
Fact Card – Class I (GBP) AccumulatingDOWNLOAD
Fact Card – Class I (GBP) DistributingDOWNLOAD
Fact Card – Class I (JPY) AccumulatingDOWNLOAD
Fact Card – Class I (NOK) AccumulatingDOWNLOAD
Fact Card – Class I (USD) AccumulatingDOWNLOAD
Fact Card – Class I (USD) DistributingDOWNLOAD
Fact Card – Class K (EUR) AccumulatingDOWNLOAD

Important Risks

All investors should consider the investment objectives, risks, charges and expenses of the Fund), carefully before investing. The Key Investor Information Document (‘KIID’), Prospectus and Supplement (collectively, the “Offering Documents”) contain this and other information about the Fund. All KIIDs are available in English, and certain share class specific KIIDs are available in French, German, Dutch, Danish, Finnish, Swedish, Norwegian, Spanish, Greek and Italian. All investors are urged to carefully read the Offering Documents in their entirety before investing. 

This page is not an offer to sell the Fund’s securities and is not soliciting an offer to buy the Fund’s securities in any jurisdiction where the offer or sale is not permitted.

The price information contained herein is estimated and unaudited and subject to change. Past performance is not necessarily indicative of future results. The value of the Fund’s shares may go down as well as up and there can be no assurance the Fund will achieve its objectives or avoid significant losses.

An investment in the Fund should be considered a speculative investment that entails substantial risks; you may lose part or all of your investment or your investment may not perform as well as other similar investments. The Fund’s investments involve significant risks including, but not limited to, loss of all or a significant portion of the investment due to leveraging, synthetic short-selling, derivatives or other speculative practices. Other risks include, but are not limited to: allocation risk, conflicts of interest risk, counterparty risk, foreign investments risk, high portfolio turnover risk, model and technology risk, multi-manager risk and volatility risk. See “Risk Factors” of the prospectus for a detailed discussion of these and other risks applicable to the Fund.

Blackstone Diversified Multi-Strategy Fund is a sub‐fund of Blackstone Alternative Investment Funds plc, an umbrella fund established as a UCITS with segregated liability between sub funds. Blackstone Alternative Investment Funds plc is authorised in Ireland and regulated by the Central Bank of Ireland.

Conflicts of Interest

Blackstone and the Sub-Advisers have conflicts of interest that could interfere with their management of the Fund. These conflicts, which are disclosed in the Fund’s Statement of Additional Information, include, without limitation:


Index Comparison
The Fund is actively managed and uses the MSCI World Total Return Index, Barclays Global Aggregate Index and HFRX Global Hedge Fund Index for performance comparison purposes only. While a proportion of the Fund’s assets may be components of and have similar weightings to one or more of the referenced indices, BAIA and the sub-advisers may use their discretion to invest a significant proportion of the Fund in assets which are not included in, or with different weightings to, the indices. There is no guarantee that the Fund’s performance will match or exceed any reference index. Blackstone makes no assurances as to the accuracy or completeness thereof. Indices are not investible products. Investors cannot invest directly in an index.

Glossary of Indices
Market indices obtained through Bloomberg, HFR Asset Management and MSCI, as applicable. Bloomberg Barclays Global Aggregate Bond Index: provides a broad-based measure of the global investment grade fixed-rate debt markets. It is comprised of the U.S. Aggregate, Pan- European Aggregate, and the Asian-Pacific Aggregate Indexes. MSCI World Index: A market capitalization weighted index designed to provide a broad measure of equity-market performance throughout the world. The MSCI World is maintained by Morgan Stanley Capital International, and is comprised of stocks from 23 developed markets in the world. HFRX Global Hedge Fund Index: HFRX Global Hedge Fund Index is designed to be representative of the overall composition of the hedge fund universe. It is comprised of all eligible hedge fund strategies; including but not limited to convertible arbitrage, distressed securities, equity hedge, equity market neutral, event driven, macro, merger arbitrage, and relative value arbitrage. The strategies are asset weighted based on the distribution of assets in the hedge fund industry. The methodology is based on defined and predetermined rules and objective criteria to select and rebalance components to maximize representation of the Hedge Fund Universe.