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

17.21 %

1 Year rank in sector

4/9

Sector

IT Commodities & Nat Resources

Yield

4.7337

Fund size

£ 671.0 m

FE Risk score

235

NAV

426.82

Discount/Premium

+-10.9109

Gearing

113

Top in sector

Holdings snapshot

  • International
    65.4%
  • Latin America
    11.3%
  • Australasia
    9.9%
  • Africa
    6.6%
  • Canada
    4.3%
  • Others
    48.4%
  • Other Metals
    20.5%
  • Gold
    17.3%
  • Precious Metals & Stones
    7%
  • Mineral Extraction
    5.7%
  • Commodity & Energy
    99.7%
  • Money Market
    0.3%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund-2.94 %13.35 %17.21 %31.41 %-10.41 %
Sector2.34 %5.86 %15.93 %1.37 %-40.88 %
Rank within sector7 / 92 / 94 / 93 / 91 / 7
Quartile th4 th1 st2 nd2 nd1 st

Calendar performance

YTD-20172016201520142013
Fund17.82 %100.6 %-36.97 %-30.36 %-17.54 %
Sector12.08 %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

Alpha11.85
Beta1.26
Sharpe0.21
Volatility31.17
Tracking error16.43
Information ratio0.6
R-Squared0.74

Price movement

52 week high403
52 week low314.5
Current bid price379.25
Current offer price381.25
Current mid price380.25

Holdings by region

  • 65.4% International
  • 11.3% Latin America
  • 9.9% Australasia
  • 6.6% Africa
  • 4.3% Canada
  • 0.8% South Africa
  • 0.4% Kazakhstan
  • 0.4% Russia
  • 0.3% India
  • 0.3% Money Market

Holdings by sector

  • 48.4% Others
  • 20.5% Other Metals
  • 17.3% Gold
  • 7% Precious Metals & Stones
  • 5.7% Mineral Extraction
  • 0.8% Industrial Commodities
  • 0.3% Net Current Assets

Holdings by asset type

  • 99.7% Commodity & Energy
  • 0.3% Money Market

Individual holdings

  • 9.7% BHP BILLITON PLC
  • 9.5% RIO TINTO PLC
  • 8.4% GLENCORE PLC
  • 8.3% FIRST QUANTUM MINERALS
  • 6.7% VALE SA
  • 3.9% LUNDIN MINING CORP
  • 3.9% TECK RESOURCES LTD
  • 3.4% SOCIEDAD MINERA CERRO VERDE SA
  • 3.2% NEWMONT MINING CORP
  • 3% SOUTH32 LTD