Equity

BGF World Energy Fund

  • NAV as of 04.Dec2025 GBP 17,96
    52 WK: 15,10 - 19,31
  • 1 Day NAV Change as of 04.Dec2025 GBP 0,08 (0,45%)
  • Morningstar Rating

Overview

Investment Approach


The Fund aims to maximise the return on your investment through a combination of capital growth and income on the Fund’s assets.

The Fund invests globally at least 70% of its total assets in the equity securities (e.g. shares) of companies the main business of which is in, the exploration, development, production and distribution of energy.

The investment adviser (IA) may use financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets) for investment purposes in order to achieve the investment objective of the Fund, and/or to reduce risk within the Fund’s portfolio, reduce investment costs and generate additional income. The Fund may, via FDIs, generate varying amounts of market leverage (i.e. where the Fund gains market exposure in excess of the value of its assets).

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.

All currency hedged share classes of this fund use derivatives to hedge currency risk. The use of derivatives for a share class could pose a potential risk of contagion (also known as spill-over) to other share classes in the fund. The fund’s management company will ensure appropriate procedures are in place to minimise contagion risk to other share class. Using the drop down box directly below the name of the fund, you can view a list of all share classes in the fund – currency hedged share classes are indicated by the word “Hedged” in the name of the share class. In addition, a full list of all currency hedged share classes is available on request from the fund’s management company

To the extent the Fund undertakes securities lending to reduce costs, the Fund will receive 62.5% of the associated revenue generated and the remaining 37.5% will be received by BlackRock as the securities lending agent. As securities lending revenue sharing does not increase the costs of running the Fund, this has been excluded from the ongoing charges.

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Performance

Performance

Chart

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Distributions

Ex-Date Total Distribution
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Ex-Date Total Distribution

This chart shows the product's performance as the percentage loss or gain per year over the last 10 years.

  2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Return (%) GBP -25,8 53,6 -8,3 -16,1 8,8 -30,4 43,9 57,3 -1,0 4,4
Constraint Benchmark 1 (%) GBP -19,0 52,5 -3,8 -11,1 8,0 -31,9 40,6 60,2 -1,5 4,6

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

  1y 3y 5y 10y Incept.
Total Return (%) GBP -1,73 0,67 18,98 6,85 1,85
Constraint Benchmark 1 (%) GBP 1,49 1,90 20,61 8,25 4,80
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
Total Return (%) GBP 4,34 2,05 3,59 14,00 -1,73 2,03 138,41 93,94 30,42
Constraint Benchmark 1 (%) GBP 8,05 2,36 4,65 16,26 1,49 5,80 155,22 120,87 97,42
  From
30-Sept-2020
To
30-Sept-2021		 From
30-Sept-2021
To
30-Sept-2022		 From
30-Sept-2022
To
30-Sept-2023		 From
30-Sept-2023
To
30-Sept-2024		 From
30-Sept-2024
To
30-Sept-2025
Total Return (%) GBP

as of 30.Sept2025

61,47 55,68 15,59 -10,25 7,10
Constraint Benchmark 1 (%) GBP

as of 30.Sept2025

64,59 51,44 15,47 -7,06 9,12

The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

Key Facts

Key Facts

Net Assets of Fund
as of 04.Dec2025
USD 1.648.789.265
Fund Launch Date
15.Mar2001
Fund Base Currency
USD
Constraint Benchmark 1
MSCI World Energy 30% Buffer 10/40 GBP NET Index (GBP)
Initial Charge
5,00%
Management Fee
1,00%
Performance Fee
0,00%
Minimum Subsequent Investment
USD 1.000,00
Domicile
Luxembourg
Management Company
BlackRock (Luxembourg) S.A.
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BGWED4R
Share Class launch date
27.May2011
Share Class Currency
GBP
Asset Class
Equity
SFDR Classification
Other
Ongoing Charges Figures
1,31%
ISIN
LU0630472362
Minimum Initial Investment
USD 100.000,00
Use of Income
Distributing
Regulatory Structure
UCITS
Morningstar Category
Sector Equity Energy
Dealing Frequency
Daily, forward pricing basis
SEDOL
B3Y9G49

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 28.Nov2025
31
Standard Deviation (3y)
as of 30.Nov2025
16,53%
P/E Ratio
as of 28.Nov2025
14,86
12 Month Trailing Dividend Distribution Yield
as of 30.Nov2025
1,72%
3y Beta
as of 30.Nov2025
1,002
P/B Ratio
as of 28.Nov2025
1,84

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Ratings

Morningstar Rating

3 stars
Overall Morningstar Rating for BGF World Energy Fund, Class D4, as of 30.Nov2025 rated against 104 Sector Equity Energy Funds.

Holdings

Holdings

as of 28.Nov2025
Name Weight (%)
SHELL PLC 9,31
EXXON MOBIL CORP 8,74
CHEVRON CORP 8,70
TOTALENERGIES SE 8,39
VALERO ENERGY CORPORATION 4,86
Name Weight (%)
SUNCOR ENERGY INC 4,81
CANADIAN NATURAL RESOURCES LTD 4,64
WILLIAMS COMPANIES INC 4,60
TC ENERGY CORP 4,52
CONOCOPHILLIPS 4,11
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 28.Nov2025

% of Market Value

Type Fund Benchmark Net
as of 28.Nov2025

% of Market Value

Type Fund Benchmark Net
Sorry, geographic exposures are not available at this time.
as of 28.Nov2025

% of Market Value

Type Fund Benchmark Net
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management. Allocations are subject to change.

Pricing & Exchange

Pricing & Exchange

Investor Class Currency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Class D4 GBP 17,96 0,08 0,45 04.Dec2025 19,31 15,10 LU0630472362
Class A10 USD 9,76 0,08 0,83 04.Dec2025 10,26 8,16 LU2533724600
Class A2 EUR 23,19 0,18 0,78 04.Dec2025 25,47 19,45 LU0171301533
Class I2 Hedged EUR 7,65 0,06 0,79 04.Dec2025 7,68 6,15 LU0368235932
Class D2 USD 31,40 0,27 0,87 04.Dec2025 31,40 24,80 LU0252969075
Class X2 EUR 34,93 0,27 0,78 04.Dec2025 37,69 28,91 LU0214281593
Class D2 Hedged CHF 7,29 0,06 0,83 04.Dec2025 7,36 5,95 LU0827888834
Class D2 EUR 26,90 0,21 0,79 04.Dec2025 29,36 22,45 LU0252963896
Class I5 USD 11,88 0,11 0,93 04.Dec2025 11,88 9,46 LU2629201513
Class A2 Hedged SGD 6,99 0,06 0,87 04.Dec2025 7,04 5,66 LU0368265418
Class A2 Hedged EUR 6,47 0,05 0,78 04.Dec2025 6,51 5,24 LU0326422176
Class I2 USD 31,73 0,27 0,86 04.Dec2025 31,73 25,03 LU0368250907
Class A2 USD 27,06 0,23 0,86 04.Dec2025 27,08 21,49 LU0122376428
Class D4 EUR 20,49 0,15 0,74 04.Dec2025 22,76 17,40 LU0827888677
Class A4 EUR 20,41 0,16 0,79 04.Dec2025 22,65 17,29 LU0408222247
Class X10 USD 10,04 0,09 0,90 04.Dec2025 10,37 8,28 LU2471418553
Class D2 Hedged EUR 7,39 0,06 0,82 04.Dec2025 7,41 5,94 LU0326422333
Class A4 GBP 17,76 0,08 0,45 04.Dec2025 19,08 14,90 LU0204068364
Class I2 EUR 27,19 0,21 0,78 04.Dec2025 29,61 22,65 LU2708802744
Class X2 USD 40,76 0,35 0,87 04.Dec2025 40,76 31,94 LU0147400401
Class A2 Hedged CHF 6,61 0,05 0,76 04.Dec2025 6,72 5,43 LU0589470672
Class D4 USD 23,92 0,21 0,89 04.Dec2025 23,92 19,23 LU0827888750
Class A2 Hedged HKD 12,04 0,10 0,84 04.Dec2025 12,07 9,69 LU0788109394
Class A2 Hedged AUD 9,50 0,08 0,85 04.Dec2025 9,52 7,60 LU1023058172

Portfolio Managers

Portfolio Managers

Alastair Bishop
Alastair Bishop
Mark Hume
Mark Hume
Director and Portfolio Manager

Mark Hume, Director and Portfolio Manager is a member of the Thematic and Sector team within BlackRock's Fundamental Equity division. Mr. Hume co-manages Energy strategies (BGF World Energy, BlackRock Energy & Resources Trust, BlackRock Energy Opportunities) as well as the BlackRock Energy & Resources Income Trust.

Read More

Mark Hume, Director and Portfolio Manager is a member of the Thematic and Sector team within BlackRock's Fundamental Equity division. Mr. Hume co-manages Energy strategies (BGF World Energy, BlackRock Energy & Resources Trust, BlackRock Energy Opportunities) as well as the BlackRock Energy & Resources Income Trust.


Prior to joining BlackRock in 2017, Mr. Hume spent ten years at Colonial First State Global Asset Management within their Natural Resources Team, initially as an analyst, and laterally as an energy portfolio manager. He had previously worked at Bank of America Merrill Lynch, Credit Suisse, JP Morgan and Wood Mackenzie as a senior equities analyst covering large-cap energy stocks. Mark also spent the early part of his career working in the oil and gas services industry.


Mr. Hume holds a MEng in Petroleum Engineering from Heriot-Watt University, and a BSc in Mathematics from the University of Edinburgh.

PRIIPs Performance Scenarios

PRIIPs Performance Scenarios

The EU Packaged Retail and Insurance-Based Products Regulation (PRIIPs) prescribes the calculation methodology, and publication of the outcomes, of four hypothetical performance scenarios regarding how the product may perform under certain conditions and for such to be published on a monthly basis. The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back. What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted. The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product, which may include input from benchmark(s) / proxy, over the last ten years.
Recommended holding period : 5 years
Example Investment GBP 10.000
Scenarios
If you exit after 1 year
If you exit after 5 years

Minimum

There is no minimum guaranteed return. You could lose some or all of your investment.

Stress

What you might get back after costs
Average return each year
5.380 GBP
-46,2%
2.520 GBP
-24,1%

Unfavourable

What you might get back after costs
Average return each year
5.380 GBP
-46,2%
7.730 GBP
-5,0%

Moderate

What you might get back after costs
Average return each year
9.890 GBP
-1,1%
14.370 GBP
7,5%

Favourable

What you might get back after costs
Average return each year
18.050 GBP
80,5%
29.460 GBP
24,1%

The stress scenario shows what you might get back in extreme market circumstances.



Literature

Literature

 
Please access the document library in order to find the KID/KIID in local language.