Equity

BlackRock Gold and General 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.

The value of your investment and the income from it will vary and your initial investment amount is not guaranteed.


The fund invests a large portion of assets which are denominated in other currencies; hence changes in the relevant exchange rate will affect the value of the investment. Mining shares typically experience above average volatility when compared to other investments. Trends which occur within the general equity market may not be mirrored within mining securities. The Fund invests in a limited number of market sectors. Compared to investments which spread investment risk through investing in a variety of sectors, share price movements may have a greater affect on the overall value of this fund.

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

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Performance

Performance

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Distributions

This product does not have any distributions data as of now.

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

  2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Total Return (%) 3.1 -18.2 80.4 -2.6 -10.9 32.8 27.6 -9.4 -6.2 2.2
Constraint Benchmark 1 (%) -9.9 -16.9 90.4 -0.3 -5.8 35.8 19.4 -11.9 -4.8 3.2

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

  1y 3y 5y 10y Incept.
40.48 9.28 9.58 10.48 2.75
Constraint Benchmark 1 (%) 34.96 9.24 5.70 10.93 -
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
36.23 7.93 15.72 21.73 40.48 30.49 58.00 170.87 37.88
Constraint Benchmark 1 (%) 25.21 2.80 5.22 18.84 34.96 30.35 31.95 182.23 -
  From
30-Sept-2019
To
30-Sept-2020
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
Total Return (%)

as of 30/Sept/2024

39.57 -27.26 -8.08 5.70 38.77
Constraint Benchmark 1 (%)

as of 30/Sept/2024

41.20 -31.96 -5.64 -0.44 40.84

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

Share Class and Benchmark performance displayed in GBP, hedged share class benchmark performance is displayed in GBP.

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 12/Nov/2024
GBP 942,157,837
Fund Launch Date
07/Apr/1988
Fund Base Currency
GBP
Constraint Benchmark 1
FTSE Gold Mining Index
Initial Charge
0.00%
Management Fee
0.88%
Performance Fee
0.00%
Domicile
United Kingdom
Management Company
BlackRock Fund Managers Ltd
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BRGGDII
Ongoing Charges Figure ex. Discount
0.90%
Share Class launch date
04/Jan/2013
Share Class Currency
GBP
Asset Class
Equity
Investment Association Category
-
Ongoing Charges Figures
0.90%
ISIN
GB00B99BF015
Use of Income
Distributing
Regulatory Structure
UCITS
Morningstar Category
Sector Equity Precious Metals
Dealing Frequency
Daily, forward pricing basis
SEDOL
B99BF01
The Ongoing Charge may be discounted depending on the size of the fund.

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 31/Oct/2024
47
Standard Deviation (3y)
as of 31/Oct/2024
25.79%
P/E Ratio
as of 31/Oct/2024
25.40
12 Month Trailing Dividend Distribution Yield
as of 31/Oct/2024
0.68
3y Beta
as of 31/Oct/2024
0.839
P/B Ratio
as of 31/Oct/2024
2.27

ESG Integration

ESG Integration

BlackRock considers many investment risks in our processes. In order to seek the best risk-adjusted returns for our clients, we manage material risks and opportunities that could impact portfolios, including financially material Environmental, Social and/or Governance (ESG) data or information, where available. See our Firm Wide ESG Integration Statement for more information on this approach and fund documentation for how these material risks are considered within this product, where applicable.

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

4 stars
Overall Morningstar Rating for BlackRock Gold and General Fund, Class DI, as of 31/Oct/2024 rated against 250 Sector Equity Precious Metals Funds.

Morningstar Medalist Rating

Morningstar Medalist Rating - BRONZE
Morningstar has awarded the Fund a Bronze medal. (Effective 01/May/2024)
Analyst-Driven % as of 01/May/2024
100.00
Data Coverage % as of 01/May/2024
100.00

Holdings

Holdings

as of 31/Oct/2024
Name Weight (%)
AGNICO EAGLE MINES LTD (ONTARIO) 8.34
BARRICK GOLD CORP 8.19
NEWMONT CORPORATION 6.86
KINROSS GOLD CORP 6.11
ENDEAVOUR MINING PLC 5.42
Name Weight (%)
NORTHERN STAR RESOURCES LTD 4.93
ALAMOS GOLD INC (PRE-REINCORPORATION) 4.76
SPROTT PHYSICAL SILVER TRUST 4.15
WHEATON PRECIOUS METALS CORP 4.06
LUNDIN GOLD INC 3.87
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31/Oct/2024

% of Market Value

Type Fund Benchmark Net
as of 31/Oct/2024

% of Market Value

Type Fund Benchmark Net
Sorry, geographic exposures are not available at this time.
as of 31/Oct/2024

% 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 Bid Price Offer Price ISIN
Class DI GBP 14.79 14.93 GB00B99BF015
Class X ACC GBP 1.87 1.89 GB00BFBFW808
Class D GBP 15.69 15.84 GB00B5ZNJ896
Class DI GBP 16.17 16.33 GB00B99BDY18
Class A GBP 14.03 14.17 GB0005852396
Class A GBP 13.18 13.31 GB0001732584
Class X GBP 1.23 1.24 GB00BFBFVW79
Class D GBP 14.05 14.19 GB00B5ZNJ904

Portfolio Managers

Portfolio Managers

Evy Hambro
Evy Hambro
Tom Holl
Tom Holl

Literature

Literature