Equity

BGF World Gold 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

Record Date Ex-Date Payable Date
View full table
  From
30-Sep-2015
To
30-Sep-2016
From
30-Sep-2016
To
30-Sep-2017
From
30-Sep-2017
To
30-Sep-2018
From
30-Sep-2018
To
30-Sep-2019
From
30-Sep-2019
To
30-Sep-2020
Total Return (%)

as of Sep 30, 2020

85.43 -15.86 -24.24 38.15 41.68
Benchmark (%)

as of Sep 30, 2020

103.70 -13.00 -22.35 50.66 48.13
  1Y 3Y 5Y 10y Incept.
29.95 11.00 15.35 - -4.33
Benchmark (%)

as of Nov 30, 2020

30.02 15.78 21.23 - -4.27
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
18.92 -6.30 -18.91 29.95 36.77 104.20 - -30.24
Benchmark (%)

as of Nov 30, 2020

18.19 -9.25 -19.37 30.02 55.22 161.85 - -29.86
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.
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Key Facts

Key Facts

Size of Fund (Millions) as of Dec 4, 2020 USD 6,131.305
12m Trailing Yield -
Number of Holdings as of Oct 30, 2020 45
Base Currency U.S. Dollar
Fund Inception Date Dec 30, 1994
Share Class Inception Date Oct 11, 2012
Asset Class Equity
Morningstar Category Other Equity
Benchmark Index FTSE Gold Mines Index (Price Return)
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charge 1.31%
ISIN LU0827889303
Bloomberg Ticker BWGD2SH
Annual Management Fee 1.00%
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B7C6PQ5
Bloomberg Benchmark Ticker FTGOLDINX
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment SGD 100000
Minimum Subsequent Investment SGD 1000
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Nov 30, 2020 34.93
3y Beta as of Nov 30, 2020 0.955
5y Volatility - Benchmark as of Nov 30, 2020 37.85
5y Beta as of Nov 30, 2020 0.902

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 Nov 1, 2020 BBB
MSCI ESG Quality Score (0-10) as of Nov 1, 2020 5.71
MSCI ESG Quality Score - Peer Percentile as of Nov 1, 2020 66.42
MSCI ESG % Coverage as of Nov 1, 2020 95.67
Fund Lipper Global Classification as of Nov 1, 2020 Equity Sector Gold&Prec Metals
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of Nov 1, 2020 486.07
Funds in Peer Group as of Nov 1, 2020 137
All data is from MSCI ESG Fund Ratings as of Nov 1, 2020, based on holdings as of Apr 30, 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 Oct 30, 2020 0.00%
MSCI - UN Global Compact Violators as of Oct 30, 2020 9.16%
MSCI - Nuclear Weapons as of Oct 30, 2020 0.00%
MSCI - Thermal Coal as of Oct 30, 2020 0.00%
MSCI - Civilian Firearms as of Oct 30, 2020 0.00%
MSCI - Oil Sands as of Oct 30, 2020 0.00%
MSCI - Tobacco as of Oct 30, 2020 0.00%

Business Involvement Coverage as of Oct 30, 2020 96.13%
Percentage of Fund not covered as of Oct 30, 2020 3.87%
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 0.00%.

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.

Ratings

Ratings

Morningstar Analyst Rating

Morningstar Analyst Rating - Bronze
Morningstar has awarded the Fund a Bronze medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective Jun 13, 2019)

Risk Indicator

Risk Indicator

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Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Oct 30, 2020
Name Weight (%)
NEWMONT CORPORATION 9.58
BARRICK GOLD CORP 9.15
KINROSS GOLD CORP 5.10
KIRKLAND LAKE GOLD LTD 5.04
B2GOLD CORP 4.15
Name Weight (%)
GOLD FIELDS LTD 4.05
NEWCREST MINING LTD 3.86
WHEATON PRECIOUS METALS CORP 3.73
SSR MINING INC 3.73
ENDEAVOUR MINING CORP 3.73
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 SGD Accumulating 7.63 0.01 0.13 9.64 4.25 - LU0827889303 - -
I2 EUR Accumulating 38.71 0.08 0.21 49.93 23.53 - LU0368236070 - -
D2 Hgd GBP Accumulating 25.43 0.04 0.16 32.06 14.21 - LU0827889212 - -
D4 EUR Annual 36.69 0.07 0.19 47.37 22.35 - LU0827889139 - -
A4 EUR Annual 34.67 0.06 0.17 44.88 21.23 - LU0408222320 - -
Class S2 USD Accumulating 14.63 0.03 0.21 18.46 8.11 - LU1706558936 - -
Class AI2 EUR - 14.25 -0.19 -1.32 18.48 8.74 - LU1960224068 - -
X2 USD Accumulating 56.63 0.10 0.18 71.22 31.18 - LU0320298689 - -
D2 USD Accumulating 47.11 0.09 0.19 59.49 26.17 - LU0252968424 - -
A2 Hgd HKD Accumulating 8.16 0.02 0.25 10.34 4.55 - LU0788108826 - -
Class AI2 Hedged EUR - 16.18 -0.11 -0.68 20.65 9.16 - LU1960220744 - -
A2 Hgd AUD Accumulating 12.57 0.02 0.16 15.93 7.10 - LU1023058768 - -
I2 Hgd EUR Accumulating 6.94 0.01 0.14 8.82 3.90 - LU0368236153 - -
I2 USD Accumulating 47.05 0.08 0.17 59.37 26.09 - LU0368252358 - -
D2 Hgd CHF Accumulating 6.85 0.02 0.29 8.69 3.86 - LU0669555244 - -
X2 EUR Accumulating 46.58 0.09 0.19 59.90 28.12 - LU0243984555 - -
E2 EUR Accumulating 31.12 0.06 0.19 40.35 19.13 - LU0171306680 - -
D2 Hgd EUR Accumulating 6.83 0.01 0.15 8.68 3.84 - LU0326423067 - -
A2 Hgd PLN Accumulating 119.51 0.20 0.17 152.25 67.11 - LU1499592118 - -
A2 EUR Accumulating 34.68 0.07 0.20 44.89 21.23 - LU0171305526 - -
C2 Hgd EUR Accumulating 5.25 0.01 0.19 6.71 2.99 - LU0326422762 - -
A2 Hgd EUR Accumulating 6.18 0.01 0.16 7.88 3.50 - LU0326422689 - -
A4 USD Annual 42.15 0.07 0.17 53.37 23.54 - LU0724618789 - -
E2 Hgd EUR Accumulating 5.79 0.01 0.17 7.40 3.29 - LU0326423224 - -
A2 Hgd SGD Accumulating 7.18 0.01 0.14 9.10 4.02 - LU0368265764 - -
A2 USD Accumulating 42.16 0.08 0.19 53.37 23.54 - LU0055631609 - -
C2 USD Accumulating 32.17 0.05 0.16 40.90 18.13 - LU0147402951 - -
A2 Hgd CHF Accumulating 6.39 0.01 0.16 8.13 3.62 - LU0521028471 - -
C2 EUR Accumulating 26.47 0.06 0.23 34.40 16.35 - LU0331289594 - -
D2 EUR Accumulating 38.75 0.08 0.21 50.03 23.60 - LU0252963623 - -
E2 USD Accumulating 37.84 0.07 0.19 47.98 21.21 - LU0090841262 - -
Class S2 EUR - 12.03 0.02 0.17 15.52 7.31 - LU1733226077 - -

Portfolio Managers

Portfolio Managers

Evy Hambro
Managing Director, Global Head of Thematic and Sector based Investing, Fundamental Equity

Stephanie Lee

Tom Holl
Tom Holl

Literature

Literature