Equity

BGF World Gold Fund

Overview

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.
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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
30-Jun-2016
To
30-Jun-2017
From
30-Jun-2017
To
30-Jun-2018
From
30-Jun-2018
To
30-Jun-2019
From
30-Jun-2019
To
30-Jun-2020
From
30-Jun-2020
To
30-Jun-2021
Total Return (%)

as of Jun 30, 2021

- -10.94 11.65 35.17 -7.66
Benchmark (%)

as of Jun 30, 2021

- -1.41 18.56 44.21 -12.86
  1Y 3Y 5Y 10y Incept.
-23.90 16.77 - - 1.54
Benchmark (%)

as of Aug 31, 2021

-27.56 20.08 - - 4.70
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
-11.80 -6.55 -16.65 -23.90 59.23 - - 7.72
Benchmark (%)

as of Aug 31, 2021

-13.82 -6.97 -19.20 -27.56 73.14 - - 25.06
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 Sep 24, 2021 USD 4,856.990
12m Trailing Yield -
Number of Holdings as of Aug 31, 2021 47
Base Currency U.S. Dollar
Fund Inception Date Dec 30, 1994
Share Class Inception Date Oct 19, 2016
Asset Class Equity
Morningstar Category Other Equity
Benchmark Index FTSE Gold Mines Index (Price Return)
SFDR Classification Other
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charge 2.06%
ISIN LU1499592118
Bloomberg Ticker BGWA2PH
Annual Management Fee 1.75%
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL BD60F87
Bloomberg Benchmark Ticker -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment PLN 5000
Minimum Subsequent Investment -
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Aug 31, 2021 36.49
3y Beta as of Aug 31, 2021 0.957
5y Volatility - Benchmark as of - -
5y Beta as of - -

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 Sep 7, 2021 AAA
MSCI ESG Quality Score (0-10) as of Sep 7, 2021 9.13
MSCI ESG Quality Score - Peer Percentile as of Sep 7, 2021 89.23
MSCI ESG % Coverage as of Sep 7, 2021 96.29
Fund Lipper Global Classification as of Sep 7, 2021 Equity Sector Gold&Prec Metals
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of Sep 7, 2021 462.47
Funds in Peer Group as of Sep 7, 2021 130
All data is from MSCI ESG Fund Ratings as of Sep 7, 2021, based on holdings as of Mar 31, 2021. 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 Aug 31, 2021 0.00%
MSCI - UN Global Compact Violators as of Aug 31, 2021 9.09%
MSCI - Nuclear Weapons as of Aug 31, 2021 0.00%
MSCI - Thermal Coal as of Aug 31, 2021 0.00%
MSCI - Civilian Firearms as of Aug 31, 2021 0.00%
MSCI - Oil Sands as of Aug 31, 2021 0.00%
MSCI - Tobacco as of Aug 31, 2021 0.00%

Business Involvement Coverage as of Aug 31, 2021 96.63%
Percentage of Fund not covered as of Aug 31, 2021 3.38%
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.

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

Risk Indicator

Risk Indicator

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2
3
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7
Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Aug 31, 2021
Name Weight (%)
NEWMONT CORPORATION 8.52
BARRICK GOLD CORP 7.86
ENDEAVOUR MINING PLC 7.37
NORTHERN STAR RESOURCES LTD 5.71
KINROSS GOLD CORP 5.28
Name Weight (%)
WHEATON PRECIOUS METALS CORP 4.84
KIRKLAND LAKE GOLD LTD 4.82
SSR MINING INC 4.33
FRANCO-NEVADA CORP 3.93
GOLD FIELDS LTD 3.89
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
A2 Hgd PLN Accumulating 99.52 -1.38 -1.37 137.73 99.52 - LU1499592118 - -
E2 EUR Accumulating 27.10 -0.30 -1.09 36.70 27.10 - LU0171306680 - -
D2 Hgd CHF Accumulating 5.71 -0.08 -1.38 7.89 5.71 - LU0669555244 - -
A2 Hgd HKD Accumulating 6.86 -0.09 -1.29 9.39 6.86 - LU0788108826 - -
D2 Hgd SGD Accumulating 6.44 -0.09 -1.38 8.78 6.44 - LU0827889303 - -
Class S2 USD Accumulating 12.42 -0.17 -1.35 16.81 12.42 - LU1706558936 - -
A2 Hgd AUD Accumulating 10.48 -0.14 -1.32 14.45 10.48 - LU1023058768 - -
C2 Hgd EUR Accumulating 4.32 -0.06 -1.37 6.05 4.32 - LU0326422762 - -
D2 USD Accumulating 39.92 -0.53 -1.31 54.15 39.92 - LU0252968424 - -
I2 USD Accumulating 39.95 -0.54 -1.33 54.07 39.95 - LU0368252358 - -
D4 EUR Annual 32.10 -0.36 -1.11 43.22 32.10 - LU0827889139 - -
Class AI2 EUR - 12.48 -0.14 -1.11 16.83 12.48 - LU1960224068 - -
I2 EUR Accumulating 34.11 -0.38 -1.10 45.58 34.11 - LU0368236070 - -
A4 EUR Annual 30.31 -0.34 -1.11 40.87 30.31 - LU0408222320 - -
A2 EUR Accumulating 30.31 -0.35 -1.14 40.87 30.31 - LU0171305526 - -
I2 Hgd EUR Accumulating 5.82 -0.08 -1.36 7.99 5.82 - LU0368236153 - -
Class AI2 Hedged EUR - 13.47 -0.18 -1.32 18.67 13.47 - LU1960220744 - -
X2 USD Accumulating 48.47 -0.65 -1.32 65.03 48.47 - LU0320298689 - -
X2 EUR Accumulating 41.38 -0.47 -1.12 54.82 41.38 - LU0243984555 - -
D2 Hgd GBP Accumulating 21.40 -0.29 -1.34 29.20 21.40 - LU0827889212 - -
D2 Hgd EUR Accumulating 5.71 -0.08 -1.38 7.87 5.71 - LU0326423067 - -
C2 USD Accumulating 26.83 -0.36 -1.32 37.04 26.83 - LU0147402951 - -
Class S2 EUR - 10.60 -0.12 -1.12 14.17 10.60 - LU1733226077 - -
D2 EUR Accumulating 34.08 -0.38 -1.10 45.65 34.08 - LU0252963623 - -
A4 USD Annual 35.50 -0.48 -1.33 48.48 35.50 - LU0724618789 - -
A2 Hgd CHF Accumulating 5.29 -0.08 -1.49 7.37 5.29 - LU0521028471 - -
C2 EUR Accumulating 22.90 -0.26 -1.12 31.22 22.90 - LU0331289594 - -
E2 Hgd EUR Accumulating 4.80 -0.06 -1.23 6.68 4.80 - LU0326423224 - -
A2 USD Accumulating 35.51 -0.48 -1.33 48.48 35.51 - LU0055631609 - -
A2 Hgd EUR Accumulating 5.14 -0.07 -1.34 7.13 5.14 - LU0326422689 - -
E2 USD Accumulating 31.74 -0.43 -1.34 43.53 31.74 - LU0090841262 - -
A2 Hgd SGD Accumulating 6.02 -0.08 -1.31 8.26 6.02 - LU0368265764 - -

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