Fact sheet: BlackRock Nat Res Gth & Inc

Fund information
Fund name
BlackRock Natural Resources Growth & Income D Acc
Fund manager company
BlackRock
Fund type
Unit Trust
Fund managers
  • Skye Macphersonsince 01/12/2015
  • Tom Hollsince 15/04/2011
  • Alastair Bishopsince 31/03/2016
Fund objective
The Fund aims to achieve capital growth on your investment as well as the generation of an above average level of income, compared to the income yield of the natural resources sector. The Fund invests primarily in the shares of companies whose predominant economic activity is in the natural resources sector which includes, but is not limited to, mining, agriculture and energy. The Fund has the flexibility to invest outside of the asset class. The Fund can use derivatives as part of its investment strategy. This can increase the overall risk profile of the Fund.
Benchmark
  • S&P Natural Resources
Investment style
None
Investment method
Shares
Quick stats
1 Year return
30.5%
1 Year rank in sector
27/111
Sector
UT Specialist
Yield
2.5%
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.
0.97%
Fund size
£52m (£32m 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.
142
Bid price
106.9
Offer price
107.3
Top in this sector
Fund name1 Year
Jupiter India53%
Neptune Russia & Gtr Rus50%
SF Petrhse Sm Cos Gold48.7%
Neptune Latin America47.2%
Aberdeen Latin American Eq46%
...more in UT Specialist

Performance snapshot

Holdings snapshot

  • USA48%
    UK25.4%
    Canada9.2%
    Australia5%
    Switzerland3.1%
  • Energy37.1%
    Mining Finance32.1%
    Fishery, Agriculture & Forestry29.2%
    Money Market1.6%
  • Commodity & Energy98.9%
    Money Market1.1%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.6%-9.5%1.2%30.5%15.6%18.6%
Sector-0.1%1.8%2.3%18.1%22%32.3%
Rank within sector105 / 112104 / 11180 / 11127 / 11172 / 10455 / 85
Quartile4th4th3rd1st3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund-5.5%59.7%-20.3%-2.3%1.9%
Sector3.3%22.7%-4.5%1.2%4.5%
Rank within sector104 / 11117 / 11091 / 10674 / 10257 / 92
Quartile4th1st4th3rd3rd
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.
-3.93
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.
1.44
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.
0.2
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%.
17.82
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.
11.54
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.
-0.11
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.
0.63
Price movement
52 week high119.8
52 week low79.4
Current bid price106.9
Current offer price107.3
Current mid price-
Region
1USA48%
2UK25.38%
3Canada9.23%
4Australia5.01%
5Switzerland3.11%
6Netherlands1.74%
7Money Market1.64%
8Singapore1.59%
9Italy1.37%
Industry sector
1Energy37.08%
2Mining Finance32.11%
3Fishery, Agriculture & Forestry29.17%
4Money Market1.64%
Asset type
1Commodity & Energy98.86%
2Money Market1.14%
Individual holdings
1ROYAL DUTCH SHELL6.82%
2GLENCORE PLC5.44%
3BP5.41%
4MONSANTO CO4.79%
5RIO TINTO4.24%
6VALE SA3.56%
7SYNGENTA AG3.11%
8NEWCREST MINING2.81%
9INTERNATIONAL PAPER CO2.66%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock
Fund type
Unit Trust
Fund objective
The Fund aims to achieve capital growth on your investment as well as the generation of an above average level of income, compared to the income yield of the natural resources sector. The Fund invests primarily in the shares of companies whose predominant economic activity is in the natural resources sector which includes, but is not limited to, mining, agriculture and energy. The Fund has the flexibility to invest outside of the asset class. The Fund can use derivatives as part of its investment strategy. This can increase the overall risk profile of the Fund.
Benchmark
  • S&P Natural Resources
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Skye Macpherson01/12/2015Skye Macpherson, CAIA, 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 is responsible for coverage of the agriculture sector. Ms. Macpherson's service with the firm dates back to 2015. Previously, she was an agricultural equity portfolio manager at Colonial First State Asset Management. Ms. Macpherson spent 15 years at Colonial First State, working for the firm in Sydney and London. Ms. Macpherson earned a bachelor of agricultural economics, with honours, from the University of New England, Australia, in 2001.
Tom Holl15/04/2011Thomas 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.
Alastair Bishop31/03/2016Alastair Bishop, Director and Portfolio Manager, is a member of the Natural Resources team within BlackRock’s Active Equity division. Mr. Bishop co-manages All-cap Energy strategies (BGF World Energy, BlackRock All Cap Energy & Resources, BlackRock Energy & Resources Trust), Small/Mid-Cap Energy strategies (BlackRock Energy & Resources), Sustainable Energy strategies (BGF New Energy Fund) and broader Natural Resources strategies (Natural Resources Growth & Income, BlackRock Resources & Commodities Strategy Trust). Mr. Bishop joined BlackRock in 2010 from Piper Jaffray where he was a Senior Research Analyst covering Clean Technology. Prior to joining Piper Jaffray in 2009, he covered the Renewable Energy and Industrial sectors for 8 years at Dresdner Kleinwort. Mr. Bishop earned a BSc honors degree in Economics from the University of Nottingham in 2001.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
BlackRock Natural Resources Growth & Income A Acc
Initial charge5%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.72%
Total expense ratio (TER)-
Bid price103.1
Offer price108.7
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNOV0
BlackRock Natural Resources Growth & Income A Inc
Initial charge5%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.72%
Total expense ratio (TER)1.91%
Bid price86.04
Offer price90.7
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNOU9
BlackRock Natural Resources Growth & Income D Acc
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.97%
Total expense ratio (TER)2.19%
Bid price106.9
Offer price107.3
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNOV2
BlackRock Natural Resources Growth & Income D Inc
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.97%
Total expense ratio (TER)1.44%
Bid price89.39
Offer price89.74
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNOV1
BlackRock Natural Resources Growth & Income X Inc
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.07%
Total expense ratio (TER)-
Bid price91.25
Offer price91.59
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGOZR
Data provided by

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