Fact sheet: BlackRock GF Wrld Mining

Fund information
Fund name
BlackRock GF World Mining D2 USD
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund managers
  • Olivia Markhamsince 30/04/2015
  • Evy Hambrosince 24/03/1997
Fund objective
The Fund aims to maximise the return on your investment through a combination of capital growth and income on the Fund’s assets. The Fund invests globally at least 70% of its total assets in the shares of companies the main business of which is the mining and/or production of base and precious metals and/or minerals. The Fund does not hold physical gold or metal.
Benchmark
  • Euromoney Global Mining Constrained Weights Index (Open) Net
Investment style
None
Investment method
Shares
Quick stats
1 Year return
47.2%
1 Year rank in sector
-
Sector
FO Commodity & Energy
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.32%
Fund size
£4,937m (£3,112m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
204
Top in this sector
Fund name1 Year
EGI Earth Gold105.7%
LLB Craton Cap Precious Metal82.5%
LLB Craton Capital Gbl Res71.1%
Baring Global Mining62.7%
SIA Long Term Invest Nat Res51.5%
...more in FO Commodity & Energy

Performance snapshot

Holdings snapshot

  • UK31.3%
    Canada29.7%
    USA20%
    Australia10.3%
    Peru2%
  • Other Metals56.2%
    Gold28.3%
    Precious Metals & Stones10%
    Mineral Extraction4.3%
    Money Market1.3%
  • Commodity & Energy98.7%
    Money Market1.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.2%9%24.8%47.2%-28.6%-51.2%
Sector0.9%1.8%6.7%15.7%-11.3%-23%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund53.1%-40.9%-22.5%-23.5%-2.4%
Sector20.9%-19.8%-9%-6.6%-3.4%
Rank within sector-----
Quartile
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-0.73
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.98
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0.05
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
31.49
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
19.62
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.42
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.8
Price movement
52 week high35.49
52 week low18.49
Current bid price-
Current offer price-
Current mid price33.86
Region
1UK31.27%
2Canada29.68%
3USA19.96%
4Australia10.31%
5Peru2.03%
6Sweden1.88%
7Belgium1.71%
8Mexico1.37%
9Money Market1.3%
Industry sector
1Other Metals56.16%
2Gold28.26%
3Precious Metals & Stones9.98%
4Mineral Extraction4.3%
5Money Market1.3%
Asset type
1Commodity & Energy98.7%
2Money Market1.3%
Individual holdings
1RIO TINTO9.7%
2GLENCORE PLC7.93%
3BHP BILLITON LTD7.08%
4VALE SA5.79%
5TECK RESOURCES LTD5.22%
6FIRST QUANTUM MINERALS4.97%
7NEWMONT MINING CORP4.81%
8RANDGOLD RESOURCES4.35%
9NEWCREST MINING4.19%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund objective
The Fund aims to maximise the return on your investment through a combination of capital growth and income on the Fund’s assets. The Fund invests globally at least 70% of its total assets in the shares of companies the main business of which is the mining and/or production of base and precious metals and/or minerals. The Fund does not hold physical gold or metal.
Benchmark
  • Euromoney Global Mining Constrained Weights Index (Open) Net
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Olivia Markham30/04/2015Olivia Markham, CFA, Director and portfolio manager, is a member of the Natural Resources Equity team within the Fundamental Equity division of BlackRock's Alpha Strategies Group. She co-manages the BlackRock World Mining Trust, the BGF World Mining Fund, the Commodities Income Investment Trust and a number of the team’s segregated portfolios. Ms. Markham joined BlackRock in 2011. Previously, she was head of the European Mining team at UBS with lead coverage of the UK diversified miners. Before moving to London in 2009, Ms. Markham worked for Merrill Lynch in Sydney covering the Australian miners. She also spent four years working within the Mergers and Acquisition team at BHP Billiton. Ms. Markham earned a BComm degree in finance from the University of Western Australia in 2003.
Evy Hambro24/03/1997Evy Hambro, Managing Director, is the joint Chief Investment Officer of the Natural Resources Equity team within BlackRock's EMEA Fundamental Equity Portfolio Management Group. He is responsible for the management of BGF World Mining, BGF World Gold, BlackRock Gold and General Fund and BlackRock World Mining Trust. He is also co-manager of BlackRock's Natural Resources Hedge Fund and manger of a number of segregated portfolios. Mr. Hambro's service with the firm dates back to 1994, including his years with Mercury Asset Management & Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Mr. Hambro earned a BSc degree, with honours, in Agricultural Food marketing, from Newcastle University in 1994.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Bahrain, Brunei Darussalam, Switzerland, Chile, China, Czech Republic, Germany, Denmark, Spain, Finland, France, United Kingdom, Gibraltar, Greece, Guernsey, Hong Kong, Hungary, Ireland, Iceland, Italy, Jersey, Republic Of Korea, Luxembourg, Macau, Malta, Mauritius, Netherlands, Norway, Offshore, Poland, Portugal, Qatar, Singapore, Slovakia, Sweden, Taiwan - Province Of China
BlackRock GF World Mining A2 EUR
Initial charge5%
Annual charge1.75%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.07%
Total expense ratio (TER)2.06%
Bid price-
Offer price-
Mid price29.46
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM027
BlackRock GF World Mining A2 Hedged AUD
Initial charge5%
Annual charge1.75%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price6.72
CurrencyAUD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFHNO
BlackRock GF World Mining A2 Hedged CHF
Initial charge5%
Annual charge1.75%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.07%
Total expense ratio (TER)2.06%
Bid price-
Offer price-
Mid price4.68
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKGT4
BlackRock GF World Mining A2 Hedged EUR
Initial charge5%
Annual charge1.75%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.07%
Total expense ratio (TER)2.06%
Bid price-
Offer price-
Mid price2.81
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAXB0
BlackRock GF World Mining A2 Hedged HKD
Initial charge5%
Annual charge1.75%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.07%
Total expense ratio (TER)2.06%
Bid price-
Offer price-
Mid price5.62
CurrencyHKD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG50W
BlackRock GF World Mining A2 Hedged PLN
Initial charge5%
Annual charge1.75%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.07%
Total expense ratio (TER)2.06%
Bid price-
Offer price-
Mid price4.9
CurrencyPLN
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIEX4
BlackRock GF World Mining A2 Hedged SGD
Initial charge5%
Annual charge1.75%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.07%
Total expense ratio (TER)2.06%
Bid price-
Offer price-
Mid price2.98
CurrencySGD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBMT0
BlackRock GF World Mining A2 USD
Initial charge5%
Annual charge1.75%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.07%
Total expense ratio (TER)2.06%
Bid price-
Offer price-
Mid price31.22
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMN73
BlackRock GF World Mining A4 EUR
Initial charge5%
Annual charge1.75%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.07%
Total expense ratio (TER)2.06%
Bid price-
Offer price-
Mid price28.79
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeEEJ1
BlackRock GF World Mining A4RF GBP
Initial charge5%
Annual charge1.75%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.07%
Total expense ratio (TER)2.06%
Bid price-
Offer price-
Mid price23.51
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeOS51
BlackRock GF World Mining C2 EUR
Initial charge-
Annual charge3%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)3.32%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price23.72
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMT94
BlackRock GF World Mining C2 Hedged EUR
Initial charge-
Annual charge3%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)3.33%
Total expense ratio (TER)3.32%
Bid price-
Offer price-
Mid price2.51
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAXB1
BlackRock GF World Mining C2 USD
Initial charge-
Annual charge3%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)3.32%
Total expense ratio (TER)3.32%
Bid price-
Offer price-
Mid price25.14
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMP88
BlackRock GF World Mining D2 EUR
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.32%
Total expense ratio (TER)1.32%
Bid price-
Offer price-
Mid price31.96
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBMS8
BlackRock GF World Mining D2 Hedged CHF
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.32%
Total expense ratio (TER)1.31%
Bid price-
Offer price-
Mid price4.84
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF2XE
BlackRock GF World Mining D2 Hedged EUR
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.32%
Total expense ratio (TER)1.31%
Bid price-
Offer price-
Mid price3
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeAXB2
BlackRock GF World Mining D2 Hedged PLN
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.32%
Total expense ratio (TER)1.31%
Bid price-
Offer price-
Mid price5.05
CurrencyPLN
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF2XF
BlackRock GF World Mining D2 Hedged SGD
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.32%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price4.45
CurrencySGD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFW1R
BlackRock GF World Mining D2 USD
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.32%
Total expense ratio (TER)1.32%
Bid price-
Offer price-
Mid price33.86
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBMS9
BlackRock GF World Mining D2RF Hedged GBP
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.32%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price19.82
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF2XH
BlackRock GF World Mining D4RF GBP
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.32%
Total expense ratio (TER)1.31%
Bid price-
Offer price-
Mid price23.56
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF2XD
BlackRock GF World Mining E2 EUR
Initial charge3%
Annual charge2.25%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.57%
Total expense ratio (TER)2.56%
Bid price-
Offer price-
Mid price27.05
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMV64
BlackRock GF World Mining E2 Hedged EUR
Initial charge3%
Annual charge2.25%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.57%
Total expense ratio (TER)2.57%
Bid price-
Offer price-
Mid price2.69
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAXB3
BlackRock GF World Mining E2 USD
Initial charge3%
Annual charge2.25%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.57%
Total expense ratio (TER)2.56%
Bid price-
Offer price-
Mid price28.66
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMV63
BlackRock GF World Mining I2 EUR
Initial charge-
Annual charge1%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price31.5
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEGA9
BlackRock GF World Mining I2 Hedged EUR
Initial charge-
Annual charge1%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.06%
Bid price-
Offer price-
Mid price3.06
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEGI4
BlackRock GF World Mining I2 USD
Initial charge-
Annual charge1%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.06%
Total expense ratio (TER)1.06%
Bid price-
Offer price-
Mid price33.38
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEGA8
BlackRock GF World Mining J2 USD
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)0.05%
Bid price-
Offer price-
Mid price36.91
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEGH5
BlackRock GF World Mining X2 EUR
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price38.57
CurrencyEUR
Price updated20/05/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBMS6
BlackRock GF World Mining X2 Hedged EUR
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.03%
Total expense ratio (TER)0.03%
Bid price-
Offer price-
Mid price3.21
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeICJ5
BlackRock GF World Mining X2 USD
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)0.05%
Bid price-
Offer price-
Mid price39.17
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBMS7
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.