Equity

BGF World Technology Fund

  • NAV as of 08/Jan/2026 USD 17.04
    52 WK: 11.73 - 18.89
  • 1 Day NAV Change as of 08/Jan/2026 USD -0.21 (-1.22%)
  • Morningstar Rating

Overview

Investment Approach


The Fund aims to maximise the return on your investment through a combination of capital growth and income on the Fund’s assets and invest in a manner consistent with the principles of environmental, social and governance (ESG) investing.

The Fund invests globally at least 70% of its total assets in the equity securities (e.g. shares) of companies the main business of which is in the technology sector.

The Fund’s total assets will be invested in accordance with its ESG Policy as disclosed in the prospectus. For further details regarding the ESG characteristics please refer to the prospectus and the BlackRock website at www.blackrock.com/baselinescreens

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.

Investment risk is concentrated in specific sectors, countries, currencies or companies. This means the Fund is more sensitive to any localised economic, market, political, sustainability-related or regulatory events. The value of equities and equity-related securities can be affected by daily stock market movements, political factors, economic news, company earnings and significant corporate events. The Fund seeks to exclude companies engaging in certain activities inconsistent with ESG criteria. Investors should therefore make a personal ethical assessment of the Fund’s ESG screening prior to investing in the Fund. Such ESG screening may adversely affect the value of the Fund’s investments compared to a fund without such screening.

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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Source: For UK-domiciled funds (such as the BlackRock Retail Authorised Unit Trusts and BlackRock Collective Investment Funds 'BCIF'), performance is shown on a bid to bid price basis, with net income reinvested, in the currency indicated on the chart. Performance is shown net of fees. For Luxembourg-domiciled funds (such as BlackRock Global Funds 'BGF' and BlackRock Strategic Funds 'BSF'), performance is shown on a net asset value basis, with gross income reinvested, in the currency indicated in the chart. Performance is shown net of fees. Past performance is not a guide to future performance.

Distributions

Ex-Date Total Distribution
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Ex-Date Total Distribution

This chart shows the product's performance as the percentage loss or gain per year over the last 3 years.

Prior to 23rd February 2024, the fund used a different benchmark which is reflected in the benchmark data.

  2021 2022 2023 2024 2025
Total Return (%) USD 49.7 32.5 18.0
Constraint Benchmark 1 (%) USD 51.0 27.5 30.2

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

  1y 3y 5y 10y Incept.
Total Return (%) USD

as of 31/Dec/2025

17.99 32.78 - - 28.73
Constraint Benchmark 1 (%) USD

as of 31/Dec/2025

30.16 35.82 - - 33.63
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
Total Return (%) USD

as of 31/Dec/2025

17.99 -0.02 -0.11 9.81 17.99 134.10 - - 123.12
Constraint Benchmark 1 (%) USD

as of 31/Dec/2025

30.16 0.89 4.07 16.49 30.16 150.55 - - 151.22
  From
31-Dec-2020
To
31-Dec-2021 		From
31-Dec-2021
To
31-Dec-2022 		From
31-Dec-2022
To
31-Dec-2023 		From
31-Dec-2023
To
31-Dec-2024 		From
31-Dec-2024
To
31-Dec-2025
Total Return (%) USD

as of 31/Dec/2025

- - 49.72 32.51 17.99
Constraint Benchmark 1 (%) USD

as of 31/Dec/2025

- - 51.02 27.46 30.16

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 08/Jan/2026
USD 14,851,563,504
Fund Launch Date
03/Mar/1995
Fund Base Currency
USD
Constraint Benchmark 1
MSCI ACWI Information Technology 10/40 Index (Net)
SDR classification
ESG Overseas
Ongoing Charges Figures
1.81%
ISIN
LU2533723974
Minimum Initial Investment
USD 5,000.00
Use of Income
Distributing
Regulatory Structure
UCITS
Morningstar Category
Sector Equity Technology
Dealing Frequency
Daily, forward pricing basis
SEDOL
BQV3QG7
Share Class launch date
26/Oct/2022
Share Class Currency
USD
Asset Class
Equity
SFDR Classification
Article 8
Initial Charge
5.00%
Management Fee
1.50%
Performance Fee
0.00%
Minimum Subsequent Investment
USD 1,000.00
Domicile
Luxembourg
Management Company
BlackRock (Luxembourg) S.A.
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BGFAUSD

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 31/Dec/2025
73
Standard Deviation (3y)
as of 31/Dec/2025
21.09%
P/E Ratio
as of 31/Dec/2025
47.01
12 Month Trailing Dividend Distribution Yield
as of 31/Dec/2025
9.16
3y Beta
as of 31/Dec/2025
1.094
P/B Ratio
as of 31/Dec/2025
11.35

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 BGF World Technology Fund, Class A10, as of 31/Dec/2025 rated against 1374 Sector Equity Technology Funds.

Holdings

Holdings

as of 31/Dec/2025
Name Weight (%)
NVIDIA CORP 9.99
BROADCOM INC 9.22
MICROSOFT CORP 7.37
APPLE INC 6.10
ALPHABET INC CLASS A 4.41
Name Weight (%)
TAIWAN SEMICONDUCTOR MANUFACTURING 3.65
META PLATFORMS INC CLASS A 3.32
LAM RESEARCH CORP 3.16
SNOWFLAKE INC 2.74
ADVANTEST CORP 2.66
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31/Dec/2025

% of Market Value

Type Fund Benchmark Net
as of 31/Dec/2025

% of Market Value

Type Fund Benchmark Net
as of 31/Dec/2025

% of Market Value

Type Fund Benchmark Net
as of 31/Dec/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 A10 USD 17.04 -0.21 -1.22 08/Jan/2026 18.89 11.73 LU2533723974
Class I2 USD 47.64 -0.59 -1.22 08/Jan/2026 51.48 30.30 LU2134542260
Class A2 Hedged JPY 2,667.00 -34.00 -1.26 08/Jan/2026 2,907.00 1,756.00 LU1948809444
Class I2 Hedged USD 20.67 -0.22 -1.05 08/Jan/2026 22.16 11.33 LU2310090274
Class A2 Hedged SGD 28.46 -0.35 -1.21 08/Jan/2026 31.00 18.67 LU1852331112
Class I2 Hedged EUR 31.02 -0.38 -1.21 08/Jan/2026 33.67 20.15 LU1728554749
Class A2 Hedged CNH 155.10 -1.94 -1.24 08/Jan/2026 168.83 101.80 LU2250418907
Class A2 GBP 84.01 -0.65 -0.77 08/Jan/2026 92.37 56.49 LU0171311680
Class I4 USD 13.97 -0.17 -1.20 08/Jan/2026 15.09 8.89 LU2360108307
Class D2 Hedged EUR 21.76 -0.27 -1.23 08/Jan/2026 23.63 14.16 LU2168656184
Class A2 USD 112.86 -1.40 -1.23 08/Jan/2026 122.20 72.31 LU0056508442
Class D2 GBP 95.31 -0.75 -0.78 08/Jan/2026 104.65 63.73 LU0827890491
Class I2 JPY 7,478.00 -74.00 -0.98 08/Jan/2026 7,840.00 4,455.00 LU2263536232
Class A2 Hedged AUD 15.19 -0.19 -1.24 08/Jan/2026 16.48 9.83 LU2250418659
Class I2 EUR 40.84 -0.41 -0.99 08/Jan/2026 44.19 27.69 LU1722863211
Class D2 EUR 109.79 -1.08 -0.97 08/Jan/2026 118.83 74.55 LU0376438312
Class D2 SGD 164.57 -1.54 -0.93 08/Jan/2026 179.08 151.77 LU3135082777
Class A2 Hedged EUR 28.35 -0.36 -1.25 08/Jan/2026 30.83 18.56 LU1822773716
Class A4 USD 16.01 -0.20 -1.23 08/Jan/2026 17.33 10.26 LU2360106780
Class A4 EUR 13.72 -0.14 -1.01 08/Jan/2026 14.88 9.37 LU2357541692
Class I2 GBP 35.46 -0.28 -0.78 08/Jan/2026 38.91 23.67 LU2168066038
Class I5 Hedged GBP 14.97 -0.19 -1.25 08/Jan/2026 16.21 9.60 LU2267099328
Class D2 USD 128.05 -1.58 -1.22 08/Jan/2026 138.44 81.58 LU0724618946
Class A2 HKD 879.45 -10.33 -1.16 08/Jan/2026 949.56 561.85 LU2250418816
Class A2 EUR 96.76 -0.96 -0.98 08/Jan/2026 104.89 66.08 LU0171310443

Portfolio Managers

Portfolio Managers

Tony Kim
Tony Kim
Managing Director

Tony Kim, Managing Director, is a member of the Fundamental Equities division of BlackRock's Portfolio Management Group. Mr. Kim is head of the Technology Equity team, and the lead portfolio manager on the Technology equity portfolios.

Read More

Tony Kim, Managing Director, is a member of the Fundamental Equities division of BlackRock's Portfolio Management Group. Mr. Kim is head of the Technology Equity team, and the lead portfolio manager on the Technology equity portfolios.

Mr. Kim joined BlackRock in 2013. He has over 20 years of experience in technology investments at companies including Artisan Partners, Credit Suisse Asset Management, Neuberger Berman, Merrill Lynch, SG Warburg.

Mr. Kim has an MBA from Columbia, and a BS in Industrial Engineering from the University of Illinois.

Reid Menge
Reid Menge
Managing Director

Reid Menge, Managing Director, is a member of the Fundamental Equities division of BlackRock's Portfolio Management Group. He is co-portfolio manager for the Technology equity portfolios and responsible for coverage of the technology sector.

Read More

Reid Menge, Managing Director, is a member of the Fundamental Equities division of BlackRock's Portfolio Management Group. He is co-portfolio manager for the Technology equity portfolios and responsible for coverage of the technology sector.

Prior to joining BlackRock in 2014, Mr. Menge was an associate director of equity research at UBS covering global technology. From 2006 to 2009, he was an investment research analyst at Citigroup responsible for global software. From 2003 to 2006, Mr. Menge was a member of the Prudential Equity Group where he was responsible for enterprise software coverage. Mr. Menge began his investment career in 2001 at Credit Suisse First Boston as an analyst for fixed income sales.

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.

Literature

Literature