Fact sheet: BlackRock World Mining IT

Fund information

Fund name
BlackRock World Mining IT
Fund company manager
BlackRock Investment Managemen
Fund type
ITR
Fund manager(s)
Evy Hambro
since 01/05/2009
Olivia Markham
since 01/05/2015
Fund objective
To provide a diversified investment in mining and metal assets worldwide, actively managed with the objective of maximising total returns. While the policy is to invest principally in quoted securities, the Company’s investment policy includes investing in royalties derived from the production of metals and minerals as well as physical metals. Up to 10% of gross assets may be held in physical metals and up to 20% may be invested in unquoted investments.
Benchmark
Euromoney Global Mining
Investment style
-
Investment method
Shares

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

33.04 %

1 Year rank in sector

3/9

Sector

IT Commodities & Nat Resources

Yield

3.829

Fund size

£ 691.3 m

FE Risk score

237

NAV

437.25

Discount/Premium

+-10.4059

Gearing

113

Top in sector

Holdings snapshot

  • International
    65.8%
  • Latin America
    11.1%
  • Australasia
    10.7%
  • Africa
    6.4%
  • Canada
    4.2%
  • Others
    49.4%
  • Other Metals
    19.8%
  • Gold
    17.3%
  • Precious Metals & Stones
    7.1%
  • Mineral Extraction
    6%
  • Commodity & Energy
    100%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund8.29 %17.21 %33.04 %29.42 %-13.85 %
Sector2.5 %0.6 %12.21 %0.01 %-44.85 %
Rank within sector3 / 91 / 93 / 93 / 91 / 7
Quartile th2 nd1 st2 nd2 nd1 st

Calendar performance

YTD-20172016201520142013
Fund21.38 %100.6 %-36.97 %-30.36 %-17.54 %
Sector9.52 %61.84 %-38.98 %-21.51 %-32.73 %
Rank within sector3 / 91 / 96 / 97 / 83 / 7
Quartile th2 nd1 st3 rd4 th2 nd

Risk statistics

Alpha8.28
Beta1.3
Sharpe-0.01
Volatility33.09
Tracking error17.44
Information ratio0.27
R-Squared0.76

Price movement

52 week high403
52 week low306.5
Current bid price389
Current offer price392.25
Current mid price391.75

Holdings by region

  • 65.8% International
  • 11.1% Latin America
  • 10.7% Australasia
  • 6.4% Africa
  • 4.2% Canada
  • 0.8% South Africa
  • 0.5% Russia
  • 0.4% Kazakhstan
  • 0.2% India
  • 0.2% USA

Holdings by sector

  • 49.4% Others
  • 19.8% Other Metals
  • 17.3% Gold
  • 7.1% Precious Metals & Stones
  • 6% Mineral Extraction
  • 0.8% Industrial Commodities
  • -0.4% Net Current Liabilities

Holdings by asset type

  • 100% Commodity & Energy

Individual holdings

  • 10.6% BHP BILLITON PLC
  • 9.4% RIO TINTO PLC
  • 8.2% FIRST QUANTUM MINERALS
  • 8.1% GLENCORE PLC
  • 7% VALE SA
  • 4.4% TECK RESOURCES LTD
  • 4% LUNDIN MINING CORP
  • 3.2% NEWMONT MINING CORP
  • 3.2% SOCIEDAD MINERA CERRO VERDE SA
  • 2.6% SOUTH32 LTD