Equity

BGF World Mining 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.

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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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 (%) EUR -42,8 50,3 28,1 -20,0 15,6 30,0 14,5 -3,0 -3,3 -12,7
Constraint Benchmark 1 (%) USD -41,1 66,9 31,2 -13,6 28,0 34,0 14,1 -1,0 8,5 -11,4

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

  1y 3y 5y 10y Incept.
37,97 8,52 9,89 12,47 -2,91
Constraint Benchmark 1 (%) USD 47,31 15,85 14,59 18,62 2,60
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
53,94 7,02 21,60 40,77 37,97 27,81 60,26 223,83 -41,42
Constraint Benchmark 1 (%) USD 62,61 6,18 20,81 42,09 47,31 55,50 97,54 451,62 59,06
  From
30.09.2020
To
30.09.2021
From
30.09.2021
To
30.09.2022
From
30.09.2022
To
30.09.2023
From
30.09.2023
To
30.09.2024
From
30.09.2024
To
30.09.2025
Total Return (%) EUR

as of 30.09.2025

26,00 -10,20 11,36 12,02 17,81
Constraint Benchmark 1 (%) USD

as of 30.09.2025

29,46 -13,96 20,73 20,07 24,88

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 04.12.2025
USD 5 657 054 866
Fund Launch Date
21.03.1997
Fund Base Currency
USD
Constraint Benchmark 1
MSCI ACWI Metals & Mining 30% Buffer 10/40 (1994) USD
Initial Charge
5,00%
Management Fee
1,75%
Performance Fee
0,00%
Minimum Subsequent Investment
USD 1000
Domicile
Luxembourg
Management Company
BlackRock (Luxembourg) S.A.
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
B92A GR
Share Class launch date
31.10.2007
Share Class Currency
EUR
Asset Class
Equity
SFDR Classification
Other
Ongoing Charges Figures
2,07%
ISIN
LU0326424115
Minimum Initial Investment
USD 5000
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
Other Equity
Dealing Frequency
Daily, forward pricing basis
SEDOL
B3KVC74

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 28.11.2025
49
3y Beta
as of 30.11.2025
0,960
P/B Ratio
as of 28.11.2025
2,47
Standard Deviation (3y)
as of 30.11.2025
21,87%
P/E Ratio
as of 28.11.2025
23,50

Risk Indicator

Risk Indicator

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

Ratings

Ratings

Holdings

Holdings

as of 28.11.2025
Name Weight (%)
AGNICO EAGLE MINES LTD (ONTARIO) 7,71
BARRICK MINING CORP 7,46
RIO TINTO PLC 5,67
NEWMONT CORPORATION 5,58
VALE SA 5,28
Name Weight (%)
ANGLO AMERICAN PLC 4,95
KINROSS GOLD CORP 4,74
WHEATON PRECIOUS METALS CORP 4,63
GLENCORE PLC 4,31
ANGLOGOLD ASHANTI PLC 4,28
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 28.11.2025

% of Market Value

Type Fund Benchmark Net
as of 28.11.2025

% of Market Value

Type Fund Benchmark Net
Sorry, geographic exposures are not available at this time.
as of 28.11.2025

% 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 A2 Hedged EUR 6,31 0,02 0,32 04.12.2025 6,34 3,79 LU0326424115
Class A2 USD 89,72 0,28 0,31 04.12.2025 90,13 52,81 LU0075056555
Class I2 GBP 78,57 -0,08 -0,10 04.12.2025 79,61 47,98 LU2527846245
Class X2 Hedged EUR 8,66 0,03 0,35 04.12.2025 8,70 5,13 LU0485065857
Class I4 GBP 14,10 -0,02 -0,14 04.12.2025 14,29 8,69 LU2527846328
Class D2 Hedged GBP 51,29 0,16 0,31 04.12.2025 51,52 30,21 LU0827890145
Class A4 EUR 68,37 0,16 0,23 04.12.2025 68,89 42,94 LU0408222593
Class A2 Hedged AUD 15,52 0,05 0,32 04.12.2025 15,59 9,23 LU1023059493
Class D4 GBP 58,38 -0,06 -0,10 04.12.2025 59,16 35,97 LU0827889725
Class D2 EUR 89,20 0,21 0,24 04.12.2025 89,88 55,71 LU0252963383
Class D2 Hedged SGD 11,83 0,03 0,25 04.12.2025 11,89 7,07 LU0827890228
Class A2 Hedged CHF 9,89 0,03 0,30 04.12.2025 9,94 6,02 LU0521028554
Class D2 Hedged PLN 14,28 0,04 0,28 04.12.2025 14,35 8,38 LU0827890061
Class D2 USD 104,09 0,33 0,32 04.12.2025 104,56 60,96 LU0252968341
Class A4 GBP 58,06 -0,06 -0,10 04.12.2025 58,83 35,71 LU0204068877
Class A2 EUR 76,88 0,18 0,23 04.12.2025 77,47 48,26 LU0172157280
Class X10 USD 11,88 0,04 0,34 04.12.2025 11,93 7,23 LU2471418983
Class I2 EUR 90,01 0,21 0,23 04.12.2025 90,70 56,12 LU0368236583
Class X2 USD 134,87 0,44 0,33 04.12.2025 135,46 78,33 LU0147406192
Class D2 Hedged CHF 10,93 0,03 0,28 04.12.2025 10,99 6,62 LU0827889998
Class D2 Hedged EUR 7,20 0,02 0,28 04.12.2025 7,23 4,30 LU0326425278
Class I2 Hedged EUR 7,52 0,02 0,27 04.12.2025 7,56 4,49 LU0368236740
Class A2 Hedged SGD 7,39 0,02 0,27 04.12.2025 7,43 4,44 LU0330918003
Class A10 USD 12,72 0,04 0,32 04.12.2025 12,78 7,87 LU2533724279
Class X2 GBP 100,88 -0,10 -0,10 04.12.2025 102,20 61,20 LU2699150053
Class I2 USD 105,05 0,34 0,32 04.12.2025 105,52 61,41 LU0368260294
Class A2 Hedged HKD 14,96 0,04 0,27 04.12.2025 15,04 8,93 LU0788109121
Class A2 Hedged PLN 12,95 0,04 0,31 04.12.2025 13,01 7,64 LU0480534758

Portfolio Managers

Portfolio Managers

Evy Hambro
Evy Hambro
Olivia Markham
Olivia Markham

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.
Example Investment EUR 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
6 030 EUR
-39,7%
1 830 EUR
-28,8%

Unfavourable

What you might get back after costs
Average return each year
6 750 EUR
-32,5%
9 830 EUR
-0,3%

Moderate

What you might get back after costs
Average return each year
10 240 EUR
2,4%
14 330 EUR
7,5%

Favourable

What you might get back after costs
Average return each year
19 120 EUR
91,2%
24 000 EUR
19,1%

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.