Fact sheet: BlackRock Gold & General

Fund information
Fund name
BlackRock Gold & General D Acc
Fund manager company
BlackRock
Fund type
Unit Trust
Fund managers
  • Evy Hambrosince 01/04/2009
  • Tom Hollsince 01/07/2015
Fund objective
The Fund aims to achieve long-term capital growth on your investment. The Fund invests primarily in global shares of companies which derive a significant proportion of their income from gold mining or commodities such as precious metals. The Fund has the flexibility to invest outside of the asset class and sector set out above.
Benchmark
  • FTSE Gold Mines Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
17.7%
1 Year rank in sector
67/110
Sector
UT Specialist
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.
1.17%
Fund size
£1,190m (£1,200m 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.
286
Bid price
1036
Offer price
1044
Top in this sector
Fund name1 Year
Jupiter India53.3%
Neptune Russia & Gtr Rus50.2%
SF Petrhse Sm Cos Gold49.5%
F&C UK Equity Linked Inflation47.1%
Neptune Latin America46.8%
...more in UT Specialist

Performance snapshot

Holdings snapshot

  • Canada48.6%
    USA20%
    UK13.2%
    Australia12.6%
    Russia2%
  • Gold84.4%
    Precious Metals & Stones13.5%
    Money Market1.5%
    Other Metals0.6%
  • Commodity & Energy99.1%
    Money Market0.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3%-9.8%9.5%17.7%38.8%-15.4%
Sector0.7%0.6%7.3%20.4%21.4%39.8%
Rank within sector103 / 112107 / 11040 / 11067 / 11024 / 10378 / 86
Quartile4th4th2nd3rd1st4th
Calendar performance
 YTD - 20172016201520142013
Fund1.4%80%-18.1%3%-47.5%
Sector4.2%22.7%-4.5%1.2%4.5%
Rank within sector87 / 1107 / 10987 / 10558 / 10189 / 91
Quartile4th1st4th3rd4th
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.
-3.65
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.
2.41
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.
0.16
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%.
38.8
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.
32.87
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.
0.05
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.
0.38
Price movement
52 week high1354
52 week low868.7
Current bid price1036
Current offer price1044
Current mid price-
Region
1Canada48.62%
2USA20.04%
3UK13.19%
4Australia12.56%
5Russia1.98%
6Money Market1.48%
7Peru1.18%
8Mexico0.94%
Industry sector
1Gold84.42%
2Precious Metals & Stones13.48%
3Money Market1.48%
4Other Metals0.62%
Asset type
1Commodity & Energy99.12%
2Money Market0.88%
Individual holdings
1NEWCREST MINING8.93%
2RANDGOLD RESOURCES7.55%
3AGNICO EAGLE MINES6.12%
4NEWMONT MINING CORP5.67%
5FRANCO NEVADA CORP4.83%
6SILVER WHEATON CORP4.19%
7FRESNILLO PLC3.9%
8GOLDCORP INC3.79%
9ANGLOGOLD ASHANTI3.71%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock
Fund type
Unit Trust
Fund objective
The Fund aims to achieve long-term capital growth on your investment. The Fund invests primarily in global shares of companies which derive a significant proportion of their income from gold mining or commodities such as precious metals. The Fund has the flexibility to invest outside of the asset class and sector set out above.
Benchmark
  • FTSE Gold Mines Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Evy Hambro01/04/2009Evy 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.
Tom Holl01/07/2015Thomas Holl, Director and portfolio manager, is a member of the Natural Resources team within the Fundamental Equity division of BlackRock's Alpha Strategies Group. He is responsible for covering the mining and gold sectors. Mr. Holl moved to his current role in 2008. His service with the firm dates back to 2006, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, Mr. Holl was a member of the Global Equity team and the Real Estate team as a member of the graduate training program. Mr. Holl earned a BA degree, with honors, in Land Economy from Cambridge University in 2006.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
BlackRock Gold & General A Acc
Initial charge5%
Annual charge1.75%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.92%
Total expense ratio (TER)1.94%
Bid price980
Offer price1037
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeME49
BlackRock Gold & General A Inc
Initial charge5%
Annual charge1.75%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.92%
Total expense ratio (TER)1.94%
Bid price930
Offer price983.8
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCJ08
BlackRock Gold & General D Acc
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.17%
Bid price1036
Offer price1044
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFMP2
BlackRock Gold & General D Inc
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.19%
Bid price972.3
Offer price979.6
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFMP1
BlackRock Gold & General DI Acc
Initial charge-
Annual charge0.88%
Min single investment£50,000,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.89%
Total expense ratio (TER)-
Bid price1047
Offer price1055
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI62P
BlackRock Gold & General DI Inc
Initial charge-
Annual charge0.88%
Min single investment£50,000,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.89%
Total expense ratio (TER)-
Bid price1023
Offer price1031
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeI62Q
Data provided by

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