Equity

BlackRock World Mining Fund

IMPORTANT:
•The Fund's investments in equities could incur significant losses due to higher fluctuation of equity values. The Fund’s investments are concentrated in the mining sector. This may result in greater volatility than more broad-based investments.
•The Fund is subject to currency risk, emerging market risk, foreign investments restrictions risk, small-cap companies’ volatility and liquidity risks and contingent convertible bonds risk. 
•The Fund may use derivatives for hedging and for investment purposes. However, usage for investment purposes will not be extensive. The Fund may suffer losses from its derivatives usage.
•The value of the Fund can be volatile and can go down substantially within a short period of time. It is possible that a certain amount of your investment could be lost.
•Investors should not make investment decisions based on this document alone. Investors should refer to the Prospectus and Key Facts Statement for details including risk factors.

Overview

Loading

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

Performance

Performance

Chart

Performance chart data not available for display.
View Charts & Calendar Year Performance

Distributions

Ex-Date Distribution
View full table
  1y 3y 5y 10y Incept.
16.21 7.34 18.86 -2.91 5.45
Benchmark (%)

as of 30-Sep-2020

16.18 4.49 15.72 -3.04 -
  YTD 6m 1y 3y 5y 10y Incept.
10.34 48.06 16.21 23.66 137.22 -25.58 129.94
Benchmark (%)

as of 30-Sep-2020

2.32 47.85 16.18 14.09 107.52 -26.54 -
Past performance is not a guide to future performance. Investors may not get back the full amount invested.

Performance is calculated based on the period NAV-to-NAV with dividend reinvested. Performance figures are calculated net of fees.

These figures show by how much the Share Class of the Fund increased or decreased in value during the period being shown. Performance is calculated in the relevant share class currency, including ongoing charges and taxes and excluding subscription and redemption fees, if applicable.

Where no past performance is shown there was insufficient data available in that period to provide performance.

Please refer to the Key Facts section for the inception date of the Fund and the Share Class.

Key Facts

Key Facts

Size of Fund (Millions) as of 23-Oct-2020 USD 4,618.825 M
Base Currency USD
Fund Inception 21-Mar-1997
Share Class Currency GBP
Share Class Inception Date 19-Jan-2005
Additional Currencies AUD, CHF, EUR, HKD, PLN, SGD, USD
Asset Class Equity
Morningstar Category Sector Equity Natural Resources
Benchmark Index MSCI ACWI Metals & Mining 30% Buffer 10/40 (1994) USD
Distribution Frequency Annually
ISIN LU0204068877
Bloomberg Ticker MLWMADS
Management Fee (incl Distribution Fee, if any) 1.75%
Initial Charge 5.00%
For Fee details, please refer to the Fund Prospectus.

Portfolio Characteristics

Portfolio Characteristics

P/E Ratio as of 30-Sep-2020 16.71
Average Market Cap (Millions) as of 30-Sep-2020 USD 37,075.5 M
Modified Duration as of 30-Sep-2020 0.00 yrs
12M Trailing Distribution as of 30-Sep-2020 0.40%
3y Volatility as of 30-Sep-2020 23.78
3y Volatility - Benchmark as of 31-Jul-2020 23.14
3y Beta as of 30-Sep-2020 0.861
5yr Volatility as of 30-Sep-2020 28.03
5y Volatility - Benchmark as of 31-Jul-2020 28.73
5y Beta as of 30-Sep-2020 0.913
Since Class Inception – Volatility as of 30-Sep-2020 28.91
Since Class Inception Volatility – Benchmark as of 31-Jul-2020 28.27
Since Class Inception - Beta as of 30-Sep-2020 0.93

Ratings

Morningstar, Inc. All Rights Reserved.

Holdings

Holdings

as of 30-Sep-2020
Name Weight (%)
NEWMONT CORPORATION 8.50
BHP GROUP PLC 8.09
RIO TINTO PLC 7.82
VALE SA 5.83
FREEPORT-MCMORAN INC 5.17
Name Weight (%)
ANGLO AMERICAN PLC 5.09
BARRICK GOLD CORP 4.90
WHEATON PRECIOUS METALS CORP 4.68
FRANCO NEVADA CORP 3.93
NORTHERN STAR RESOURCES LTD 2.35
The Fund is actively managed and its composition will vary. Holdings shown are for illustrative purposes only and should not be deemed as a recommendation to buy or sell the securities listed. Fund details, holdings and characteristics are as of the date noted and subject to change.
Holdings subject to change.

Exposure Breakdowns

Exposure Breakdowns

as of 30-Sep-2020

% of Weight

Type Fund Benchmark Net
Geographic exposure relates principally to the domicile of the issuers of the securities held in the product, added together and then expressed as a percentage of the product’s total holdings. However, in some instances it can reflect the geography where the issuer of the securities carries out much of their business. “Others” excluded from the chart above.
as of 30-Sep-2020

% of Weight

Type Fund Benchmark Net
as of 30-Sep-2020

% of Weight

Type Fund Benchmark Net
Allocations subject to change.
as of 30-Sep-2020

% of Weight

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.
Due to rounding, the total may not be equal to 100%

Pricing

Pricing

Share Class Currency Distribution Frequency NAV NAV $ Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
A4 GBP Annually 32.28 -0.24 -0.74 23-Oct-2020 34.18 19.83 LU0204068877
D2 Hedged CHF Non-Distributing 6.40 -0.07 -1.08 23-Oct-2020 6.71 3.53 LU0827889998
A2 USD Non-Distributing 45.37 -0.46 -1.00 23-Oct-2020 47.48 24.86 LU0075056555
C2 HEDGED EUR Non-Distributing 3.10 -0.03 -0.96 23-Oct-2020 3.25 1.73 LU0326424974
A4 EUR Annually 36.63 -0.42 -1.13 23-Oct-2020 38.32 22.08 LU0408222593
A2 Hedged SGD Non-Distributing 4.11 -0.04 -0.96 23-Oct-2020 4.30 2.27 LU0330918003
D2 USD Non-Distributing 50.66 -0.52 -1.02 23-Oct-2020 52.99 27.64 LU0252968341
D2 Hedged PLN Non-Distributing 7.09 -0.07 -0.98 23-Oct-2020 7.42 3.90 LU0827890061
C2 USD Non-Distributing 34.79 -0.36 -1.02 23-Oct-2020 36.47 19.21 LU0147405384
A2 Hedged AUD Non-Distributing 8.99 -0.09 -0.99 23-Oct-2020 9.42 5.01 LU1023059493
A2 Hedged EUR Non-Distributing 3.64 -0.04 -1.09 23-Oct-2020 3.82 2.02 LU0326424115
D2 EUR Non-Distributing 42.80 -0.49 -1.13 23-Oct-2020 44.74 25.59 LU0252963383
D2 Hedged SGD Non-Distributing 6.33 -0.07 -1.09 23-Oct-2020 6.63 3.48 LU0827890228
D2 Hedged EUR Non-Distributing 4.00 -0.04 -0.99 23-Oct-2020 4.19 2.21 LU0326425278
A2 Hedged CHF Non-Distributing 6.02 -0.06 -0.99 23-Oct-2020 6.31 3.33 LU0521028554
A2 Hedged HKD Non-Distributing 7.95 -0.08 -1.00 23-Oct-2020 8.32 4.35 LU0788109121
D2 Hedged GBP Non-Distributing 27.13 -0.28 -1.02 23-Oct-2020 28.44 14.91 LU0827890145
C2 EUR Non-Distributing 29.39 -0.34 -1.14 23-Oct-2020 30.79 17.78 LU0331290337
A2 EUR Non-Distributing 38.32 -0.44 -1.14 23-Oct-2020 40.09 23.02 LU0172157280
D4 GBP Annually 32.43 -0.24 -0.73 23-Oct-2020 34.31 19.95 LU0827889725
A2 Hedged PLN Non-Distributing 6.68 -0.07 -1.04 23-Oct-2020 7.00 3.69 LU0480534758

Portfolio Managers

Portfolio Managers

Evy Hambro
Evy Hambro
Olivia Markham
Olivia Markham

Documents

Documents