Equity

BGF World Energy Fund

Overview

Important Information: Capital at Risk. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.
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Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
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Reinvestments

This fund does not have any distributions data as of now.
  From
31-Dec-2015
To
31-Dec-2016
From
31-Dec-2016
To
31-Dec-2017
From
31-Dec-2017
To
31-Dec-2018
From
31-Dec-2018
To
31-Dec-2019
From
31-Dec-2019
To
31-Dec-2020
Total Return (%)

as of Dec 31, 2020

27.43 -1.69 -23.10 8.74 -29.28
Benchmark (%)

as of Dec 31, 2020

27.83 5.35 -16.30 12.31 -29.76
  1Y 3Y 5Y 10y Incept.
-20.63 -15.85 -4.52 -8.55 -8.90
Benchmark (%)

as of Jan 31, 2021

-21.16 -13.02 -1.22 -3.63 -2.92
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
3.21 3.21 41.60 -20.63 -40.40 -20.63 -59.08 -68.81
Benchmark (%)

as of Jan 31, 2021

2.42 2.42 38.68 -21.16 -34.20 -5.94 -30.91 -30.96
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Key Facts

Key Facts

Size of Fund (Millions) as of Mar 2, 2021 USD 2,254.432
12m Trailing Yield -
Number of Holdings as of Jan 29, 2021 30
Base Currency U.S. Dollar
Fund Inception Date Mar 15, 2001
Share Class Inception Date Jul 28, 2008
Asset Class Equity
Morningstar Category Other Equity
Benchmark Index MSCI 10/40 DW Energy (Net)
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charge 1.32%
ISIN LU0326422333
Bloomberg Ticker MERWEUD
Annual Management Fee 1.00%
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B43HLW4
Bloomberg Benchmark Ticker MSWNRGNET
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 100000
Minimum Subsequent Investment EUR 1000
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Feb 28, 2021 35.20
3y Beta as of Jan 31, 2021 1.039
5y Volatility - Benchmark as of Feb 28, 2021 28.87
5y Beta as of Jan 31, 2021 1.048

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics can help investors integrate non-financial, sustainability considerations into their investment process. These metrics enable investors to evaluate funds based on their environmental, social, and governance (ESG) risks and opportunities. This analysis can provide insight into the effective management and long-term financial prospects of a fund.


The metrics below have been provided for transparency and informational purposes only. The existence of an ESG rating is not indicative of how or whether ESG factors will be integrated into a fund. The metrics are based on MSCI ESG Fund Ratings and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind Sustainability Characteristics, using links below.

MSCI ESG Fund Rating (AAA-CCC) as of Feb 5, 2021 A
MSCI ESG Quality Score (0-10) as of Feb 5, 2021 6.22
MSCI ESG Quality Score - Peer Percentile as of Feb 5, 2021 57.62
MSCI ESG % Coverage as of Feb 5, 2021 99.17
Fund Lipper Global Classification as of Feb 5, 2021 Equity Sector Energy
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of Feb 5, 2021 503.38
Funds in Peer Group as of Feb 5, 2021 151
All data is from MSCI ESG Fund Ratings as of Feb 5, 2021, based on holdings as of Aug 31, 2020. As such, the fund’s sustainable characteristics may differ from MSCI ESG Fund Ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities covered by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. For newly launched funds, sustainability characteristics are typically available 6 months after launch.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons as of Jan 29, 2021 0.00%
MSCI - UN Global Compact Violators as of Jan 29, 2021 11.10%
MSCI - Nuclear Weapons as of Jan 29, 2021 0.00%
MSCI - Thermal Coal as of Jan 29, 2021 0.00%
MSCI - Civilian Firearms as of Jan 29, 2021 0.00%
MSCI - Oil Sands as of Jan 29, 2021 6.91%
MSCI - Tobacco as of Jan 29, 2021 0.00%

Business Involvement Coverage as of Jan 29, 2021 99.17%
Percentage of Fund not covered as of Jan 29, 2021 0.83%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.00% and for Oil Sands 47.18%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

ESG Integration

ESG Integration

ESG integration is the practice of incorporating material environmental, social and governance (ESG) information or insights alongside traditional measures into the investment decision process to improve long term financial outcomes of portfolios. Unless otherwise stated in Fund documentation or included within the Fund’s investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective, but rather describes how ESG information is considered as part of the overall investment process.


The Fund manager considers ESG criteria in combination with other information during the idea generation, company research, portfolio construction and ongoing monitoring phases of the investment process. ESG information may be sourced from third-party vendors, as well as internal engagement commentary and site visits and input from BlackRock Investment Stewardship. The Fund manager conducts regular portfolio reviews with the Risk and Quantitative Analysis group and with the Chief Investment Officers. These reviews include discussion of the portfolio’s exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

Ratings

Ratings

Morningstar Analyst Rating

Morningstar Analyst Rating - Silver
Morningstar has awarded the Fund a Silver medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective Apr 3, 2012)

Risk Indicator

Risk Indicator

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Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Jan 29, 2021
Name Weight (%)
TOTAL SE 9.15
ROYAL DUTCH SHELL PLC 9.01
CHEVRON CORP 8.91
CONOCOPHILLIPS 6.83
EXXON MOBIL CORP 4.77
Name Weight (%)
TC ENERGY CORP 4.73
BP PLC 4.35
SUNCOR ENERGY INC 4.27
WILLIAMS COMPANIES INC 4.11
PIONEER NATURAL RESOURCES COMPANY 3.93
Holdings subject to change

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
D2 Hgd EUR Accumulating 4.06 -0.01 -0.25 4.19 2.07 - LU0326422333 - -
A2 USD Accumulating 13.92 -0.04 -0.29 14.37 7.04 - LU0122376428 - -
E2 USD Accumulating 12.60 -0.04 -0.32 13.01 6.40 - LU0122377152 - -
X2 EUR Accumulating 15.82 -0.04 -0.25 16.06 8.75 - LU0214281593 - -
E2 Hgd EUR Accumulating 3.45 -0.01 -0.29 3.56 1.78 - LU0326422507 - -
D2 EUR Accumulating 12.94 -0.03 -0.23 13.18 7.24 - LU0252963896 - -
C2 USD Accumulating 10.85 -0.04 -0.37 11.21 5.55 - LU0147400070 - -
D2 USD Accumulating 15.58 -0.04 -0.26 16.08 7.82 - LU0252969075 - -
A4 GBP Annual 9.36 -0.03 -0.32 9.94 5.77 - LU0204068364 - -
C2 EUR Accumulating 9.01 -0.03 -0.33 9.36 5.14 - LU0331289248 - -
A2 EUR Accumulating 11.56 -0.03 -0.26 11.86 6.52 - LU0171301533 - -
E2 EUR Accumulating 10.46 -0.03 -0.29 10.79 5.93 - LU0171304552 - -
D4 GBP Annual 9.46 -0.03 -0.32 10.06 5.84 - LU0630472362 - -
A2 Hgd CHF Accumulating 3.96 -0.01 -0.25 4.09 2.02 - LU0589470672 - -
D2 Hgd CHF Accumulating 4.21 -0.01 -0.24 4.35 2.14 - LU0827888834 - -
X2 USD Accumulating 19.05 -0.05 -0.26 19.66 9.45 - LU0147400401 - -
A2 Hgd EUR Accumulating 3.69 -0.01 -0.27 3.81 1.89 - LU0326422176 - -
I2 Hgd EUR Accumulating 4.15 -0.02 -0.48 4.29 2.11 - LU0368235932 - -
Class S2 USD Accumulating 8.42 -0.02 -0.24 8.69 4.22 - LU1706558852 - -
A2 Hgd SGD Accumulating 3.85 -0.01 -0.26 3.98 1.97 - LU0368265418 - -
C2 Hgd EUR Accumulating 3.12 -0.01 -0.32 3.22 1.62 - LU0326422259 - -
D4 EUR Annual 10.90 -0.03 -0.27 11.49 6.32 - LU0827888677 - -
A4 EUR Annual 10.86 -0.03 -0.28 11.43 6.28 - LU0408222247 - -
Class AI2 EUR - 7.58 0.23 3.13 7.75 4.26 - LU1960223417 - -
D4 USD Annual 13.13 -0.03 -0.23 13.55 6.82 - LU0827888750 - -
I2 USD Accumulating 15.55 -0.05 -0.32 16.06 7.79 - LU0368250907 - -
A2 Hgd HKD Accumulating 6.50 -0.02 -0.31 6.71 3.28 - LU0788109394 - -
A2 Hgd AUD Accumulating 5.34 -0.01 -0.19 5.51 2.76 - LU1023058172 - -

Portfolio Managers

Portfolio Managers

Alastair Bishop
Alastair Bishop
Mark Hume
Mark Hume

Literature

Literature