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Equity

BGF World Gold Fund

Overview

Important Information: Capital at Risk. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be 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. 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 effect on the overall value of this fund. The fund may invest in smaller company shares which can be more unpredictable and less liquid than those of larger company shares. Compared to more established economies, the value of investments in developing Emerging Markets may be subject to greater volatility due to differences in generally accepted accounting principles or from economic or political instability. The fund can invest in mining shares which 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. Optional - The Fund does not hold physical gold or other commodities.

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

  • Returns

  From
30-Sep-2014
To
30-Sep-2015
From
30-Sep-2015
To
30-Sep-2016
From
30-Sep-2016
To
30-Sep-2017
From
30-Sep-2017
To
30-Sep-2018
From
30-Sep-2018
To
30-Sep-2019
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of 30-Sep-19

-20.29 88.32 -18.76 -21.69 48.17
Benchmark (%) Index: FTSE Gold Mines (cap) in EUR Performance Index<br /><br /> Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

as of 30-Sep-19

-26.69 102.33 -17.30 -20.96 60.50

The figures shown relate to past performance. Past performance is not a reliable indicator of future results and should not be the sole factor of consideration when selecting a product or strategy.

Share Class and Benchmark performance displayed in EUR, hedged fund benchmark performance is displayed in USD.

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

Chart

Performance chart data not available for display.
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Reinvestments

Record Date Ex-Date Payable Date
View full table

Key Facts

Key Facts

Size of Fund (Millions) as of 14-Oct-19 USD 5,114.681
Base Currency U.S. Dollar
Fund Launch Date 30-Dec-94
Share Class launch date 03-Nov-09
Asset Class Equity
Morningstar Category Sector Equity Precious Metals
Benchmark Index FTSE Gold Mines (cap) in EUR Performance Index
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0368236070
Bloomberg Ticker BGWGEI2
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL B39TZS1
Bloomberg Benchmark Ticker FTGOLDIEUR
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 10000000
Minimum Subsequent Investment -
Use of Income Accumulating

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

Overall Morningstar Rating for BGF World Gold Fund, Class I2, as of 31-Mar-12 rated against 133 Sector Equity Precious Metals Funds.

Holdings

Holdings

as of 30-Sep-19
Name Weight (%)
BARRICK GOLD CORP 10.00
NEWMONT GOLDCORP CORP 9.17
NEWCREST MINING LTD 8.69
AGNICO EAGLE MINES LTD 7.44
FRANCO NEVADA CORP 4.81
Name Weight (%)
WHEATON PRECIOUS METALS CORP 4.48
KINROSS GOLD CORP 4.35
POLYUS PAO 3.84
ANGLOGOLD ASHANTI LTD 3.73
NORTHERN STAR RESOURCES LTD 3.70
Holdings subject to change

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
Class I2 EUR None 31.37 -0.63 -1.97 35.34 21.79 - LU0368236070 - -
Class I2 USD None 34.59 -0.79 -2.23 38.92 24.70 - LU0368252358 - -
Class A4 EUR Annual 28.43 -0.57 -1.97 32.06 19.93 - LU0408222320 - -
Class D2 Hedged CHF None 5.23 -0.11 -2.06 5.91 3.89 - LU0669555244 - -
Class D2 Hedged SGD None 5.71 -0.13 -2.23 6.43 4.11 - LU0827889303 - -
Class D2 EUR None 31.50 -0.63 -1.96 35.49 21.93 - LU0252963623 - -
Class A4 USD Annual 31.34 -0.72 -2.25 35.30 22.59 - LU0724618789 - -
Class D2 USD None 34.73 -0.79 -2.22 39.09 24.86 - LU0252968424 - -
Class D4 EUR Annual 29.83 -0.59 -1.94 33.60 20.82 - LU0827889139 - -
Class D2 Hedged GBP None 19.45 -0.43 -2.16 21.90 14.09 - LU0827889212 - -
Class A2 Hedged AUD None 9.77 -0.22 -2.20 11.02 7.09 - LU1023058768 - -
Class A2 Hedged EUR None 4.74 -0.11 -2.27 5.37 3.52 - LU0326422689 - -
Class A2 USD None 31.35 -0.71 -2.21 35.31 22.59 - LU0055631609 - -
Class A2 EUR None 28.43 -0.57 -1.97 32.06 19.93 - LU0171305526 - -
Class A2 Hedged SGD None 5.42 -0.12 -2.17 6.11 3.93 - LU0368265764 - -
Class D2 Hedged EUR None 5.19 -0.12 -2.26 5.87 3.83 - LU0326423067 - -
Class I2 Hedged EUR None 5.26 -0.12 -2.23 5.95 3.87 - LU0368236153 - -
Class A2 Hedged HKD None 6.07 -0.14 -2.25 6.85 4.41 - LU0788108826 - -
Class A2 Hedged PLN None 90.58 -2.05 -2.21 102.34 66.05 - LU1499592118 - -
Class A2 Hedged CHF None 4.92 -0.11 -2.19 5.57 3.69 - LU0521028471 - -

Portfolio Managers

Portfolio Managers

Evy Hambro
Evy Hambro
Tom Holl
Tom Holl

Literature

Literature