Equity

BlackRock World Gold 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 gold and precious metals 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

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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
  1y 3y 5y 10y Incept.
41.68 14.04 18.27 - -2.91
  YTD 6m 1y 3y 5y 10y Incept.
34.75 66.53 41.68 48.29 131.37 - -20.96
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 26-Oct-2020 USD 6,657.805 M
Base Currency USD
Fund Inception 30-Dec-1994
Share Class Currency SGD
Share Class Inception Date 11-Oct-2012
Additional Currencies AUD, CHF, EUR, GBP, HKD, PLN, USD
Asset Class Equity
Morningstar Category Other Equity
Benchmark Index FTSE Gold Mines Index
Distribution Frequency Non-Distributing
ISIN LU0827889303
Bloomberg Ticker BWGD2SH
Management Fee (incl Distribution Fee, if any) 1.00%
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 23.36
Average Market Cap (Millions) as of 30-Sep-2020 USD 18,078.6 M
Modified Duration as of 30-Sep-2020 0.00 yrs
12M Trailing Distribution as of - -
3y Volatility as of 30-Sep-2020 33.78
3y Volatility - Benchmark as of 30-Sep-2020 34.29
3y Beta as of 30-Sep-2020 0.962
5yr Volatility as of 30-Sep-2020 35.19
5y Volatility - Benchmark as of 30-Sep-2020 37.83
5y Beta as of 30-Sep-2020 0.906
Since Class Inception – Volatility as of 30-Sep-2020 34.49
Since Class Inception Volatility – Benchmark as of 30-Sep-2020 38.30
Since Class Inception - Beta as of 30-Sep-2020 0.87

Ratings

Ratings

Morningstar Analyst Rating

Morningstar Analyst Rating - Bronze
Effective 13-Jun-2019
Morningstar, Inc. All Rights Reserved.

Holdings

Holdings

as of 30-Sep-2020
Name Weight (%)
BARRICK GOLD CORP 9.53
NEWMONT CORPORATION 9.30
KINROSS GOLD CORP 5.43
KIRKLAND LAKE GOLD LTD 5.18
GOLD FIELDS LTD 4.43
Name Weight (%)
NEWCREST MINING LTD 4.05
B2GOLD CORP 4.03
WHEATON PRECIOUS METALS CORP 3.83
ENDEAVOUR MINING CORP 3.63
AGNICO EAGLE MINES LTD 3.58
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
D2 Hedged SGD Non-Distributing 8.27 -0.02 -0.24 26-Oct-2020 9.64 4.25 LU0827889303
D4 EUR Annually 40.90 0.02 0.05 26-Oct-2020 47.37 22.35 LU0827889139
C2 USD Non-Distributing 34.92 -0.07 -0.20 26-Oct-2020 40.90 18.13 LU0147402951
A2 Hedged AUD Non-Distributing 13.64 -0.02 -0.15 26-Oct-2020 15.93 7.10 LU1023058768
C2 HEDGED EUR Non-Distributing 5.70 -0.02 -0.35 26-Oct-2020 6.71 2.99 LU0326422762
A2 EUR Non-Distributing 38.69 0.02 0.05 26-Oct-2020 44.89 21.23 LU0171305526
D2 Hedged EUR Non-Distributing 7.41 -0.02 -0.27 26-Oct-2020 8.68 3.84 LU0326423067
C2 EUR Non-Distributing 29.57 0.01 0.03 26-Oct-2020 34.40 16.35 LU0331289594
A4 USD Annually 45.69 -0.08 -0.17 26-Oct-2020 53.37 23.54 LU0724618789
A4 EUR Annually 38.69 0.02 0.05 26-Oct-2020 44.88 21.23 LU0408222320
D2 EUR Non-Distributing 43.20 0.02 0.05 26-Oct-2020 50.03 23.60 LU0252963623
A2 Hedged HKD Non-Distributing 8.85 -0.01 -0.11 26-Oct-2020 10.34 4.55 LU0788108826
A2 Hedged PLN Non-Distributing 129.78 -0.23 -0.18 26-Oct-2020 152.25 67.11 LU1499592118
A2 Hedged CHF Non-Distributing 6.95 -0.01 -0.14 26-Oct-2020 8.13 3.62 LU0521028471
D2 Hedged GBP Non-Distributing 27.54 -0.04 -0.15 26-Oct-2020 32.06 14.21 LU0827889212
A2 Hedged SGD Non-Distributing 7.79 -0.01 -0.13 26-Oct-2020 9.10 4.02 LU0368265764
A2 USD Non-Distributing 45.70 -0.08 -0.17 26-Oct-2020 53.37 23.54 LU0055631609
D2 USD Non-Distributing 51.02 -0.09 -0.18 26-Oct-2020 59.49 26.17 LU0252968424
A2 Hedged EUR Non-Distributing 6.72 -0.01 -0.15 26-Oct-2020 7.88 3.50 LU0326422689
D2 Hedged CHF Non-Distributing 7.44 -0.01 -0.13 26-Oct-2020 8.69 3.86 LU0669555244

Portfolio Managers

Portfolio Managers

Evy Hambro
Evy Hambro
Tom Holl
Tom Holl

Documents

Documents