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
Graham Birch
since 01/01/1993
Fund objective
To provide a diversified investment in mining and metal assets worldwide, actively managed with the objective of maximizing 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

Quick stats

1 Year return

38.21 %

1 Year rank in sector

3/9

Sector

IT Commodities & Nat Resources

Yield

4.9231

Fund size

£ 567.7 m

FE Risk score

241

NAV

367.62

Discount/Premium

+-11.5935

Gearing

112

Top in sector

Holdings snapshot

  • International
    63.4%
  • Latin America
    13.2%
  • Australasia
    9.4%
  • Africa
    6.9%
  • Canada
    4.7%
  • Others
    44.5%
  • Other Metals
    21%
  • Gold
    18%
  • Precious Metals & Stones
    10.1%
  • Mineral Extraction
    5.5%
  • Commodity & Energy
    99.9%
  • Money Market
    0.1%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-4.66 %0.22 %38.21 %-14.43 %-24.54 %
Sector-4.2 %4.78 %31.65 %-19.56 %-47.78 %
Rank within sector5 / 94 / 93 / 95 / 93 / 7
Quartile th3 rd2 nd2 nd3 rd2 nd

Calendar performance

YTD-20172016201520142013
Fund-1.12 %100.6 %-36.97 %-30.36 %-17.54 %
Sector1.64 %61.84 %-38.98 %-21.51 %-32.73 %
Rank within sector4 / 91 / 96 / 97 / 83 / 7
Quartile th2 nd1 st3 rd4 th2 nd

Risk statistics

Alpha6.08
Beta1.3
Sharpe-0.02
Volatility32.91
Tracking error17
Information ratio0.12
R-Squared0.77

Price movement

52 week high403
52 week low238.5
Current bid price325
Current offer price326.25
Current mid price325

Holdings by region

  • 63.4% International
  • 13.2% Latin America
  • 9.4% Australasia
  • 6.9% Africa
  • 4.7% Canada
  • 1.1% South Africa
  • 0.9% European Emerging Markets
  • 0.3% Kazakhstan
  • 0.1% Money Market

Holdings by sector

  • 44.5% Others
  • 21% Other Metals
  • 18% Gold
  • 10.1% Precious Metals & Stones
  • 5.5% Mineral Extraction
  • 0.8% Industrial Commodities
  • 0.1% Net Current Assets

Holdings by asset type

  • 99.9% Commodity & Energy
  • 0.1% Money Market

Individual holdings

  • 10.7% RIO TINTO PLC
  • 9% FIRST QUANTUM MINERALS
  • 8% GLENCORE PLC
  • 7.2% BHP BILLITON PLC
  • 6.3% VALE SA
  • 4.5% LUNDIN MINING CORP
  • 3.5% SOCIEDAD MINERA CERRO VERDE SA
  • 3.4% NEWMONT MINING CORP
  • 2.8% NEWCREST MINING
  • 2.7% SOUTH32 LTD