BlackRock Gold and General Class D Inc

Essentials Portfolio Analysis Background Data Investment Risk Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

30/11/19
to
30/11/20
30/11/20
to
30/11/21
30/11/21
to
30/11/22
30/11/22
to
30/11/23
30/11/23
to
30/11/24
Fund 28.7% -3.6% -10.0% 6.0% 25.4%

Annualised performance

Annualised
3 Years to
30/11/24
5 Years to
30/11/24
10 Years to
30/11/24
Fund 6.2% 8.2% 8.5%

Top 10 Holdings

Stock % Weight
AGNICO EAGLE MINES LTD 8.34
BARRICK GOLD CORPORATION 8.19
NEWMONT CORPORATION 6.86
KINROSS GOLD CORPORATION 6.08
ENDEAVOUR MINING 5.42
NORTHERN STAR RESOURCES LTD 4.93
ALAMOS GOLD 4.76
WHEATON PRECIOUS METALS CORP. 4.06
LUNDIN GOLD 3.87
ELDORADO GOLD CORP 3.15
Total 55.65

Fund Aims

BlackRock Gold and General Fund seeks to achieve long-term capital growth primarily through an actively managed portfolio of gold mining, commodity and precious-metal related shares. The Fund may also invest in other transferable securities and units in collective investment schemes.Derivatives may also be used for the purposes of efficient portfolio management.

Fund Manager

Tom Holl manager for 9 years and 5 months

Photo of Tom Holl Thomas Holl, Vice President and portfolio manager, is a member of the Natural Resources team within BlackRock's EMEA Fundamental Equity Portfolio Management Group. He is responsible for covering the mining and gold sectors. Mr. Holl moved to his current role in 2008. His service with the firm dates back to 2006, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, Mr. Holl was a member of the Global Equity team and the Real Estate team as a member of the graduate training program. Mr. Holl earned a BA degree, with honors, in Land Economy from Cambridge University in 2006.

Evy Hambro manager for 15 years and 8 months

Photo of Evy Hambro Evy Hambro , Managing Director, is the joint Chief Investment Officer of BlackRock's Natural Resources Equity team. He is responsible for the management of BGF World Mining, BGF World Gold, BlackRock Gold and General Fund and BlackRock World Mining Trust. He is also co-manager of BlackRock's Natural Resources Hedge Fund and manger of a number of segregated portfolios. Mr. Hambro's service with the firm dates back to 1994, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Mr. Hambro earned a BSc degree, with honours, in marketing, from Newcastle University in 1994.

Fund Overview

Bid (20/12/2024) 1353.25p
Offer (20/12/2024) 1367.96p
Historic yield 0.50%
Fund size (31/10/2024) £1030.19m
Number of holdings 347
Entry Charge 0.00%
Ongoing Charges 1.17%
Launch date 01/07/2009

Asset Allocation

pie chart
  International Equities 86.67%
  UK Equities 7.67%
  Commodities 4.15%
  Money Market 0.65%
  Cash and Equivalents 0.29%
  Alternative Trading Strategies 0.06%
  Other Assets 0.52%
Portfolio data accurate as at: 31/10/24

Important Information

Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 86.67%
  UK Equities 7.67%
  Commodities 4.15%
  Money Market 0.65%
  Cash and Equivalents 0.29%
  Alternative Trading Strategies 0.06%
  Other Assets 0.52%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Basic Materials 93.83% - - -
 
Basic Resources - 93.83% - -
 
Precious Metals & Mining - - 88.36% -
 
Gold Mining - - - 82.56%
 
Platinum & Precious Metals - - - 5.80%
 
Industrial Metals & Mining - - 5.47% -
 
General Mining - - - 4.48%
 
Copper - - - 1.00%
 
Commodities 4.15% - - -
 
Commodities - 4.15% - -
 
Commodities - - 4.15% -
 
Commodities - - - 4.15%
 
Non-Classified 1.03% - - -
 
Non-Classified - 0.52% - -
 
Non-Classified - - 0.52% -
 
Non-Classified - - - 0.52%
 
Cash and Equivalents 0.93% - - -
 
Alternative Trading Strategies 0.06% - - -
 
Alternative Trading Strategies - 0.06% - -
 
Alternative Trading Strategies - - 0.06% -
 
Alternative Trading Strategies - - - 0.06%
 
Bonds 0.00% - - -

Regional Allocation

pie chart
  North America 73.19%
  Australia & New Zealand 11.60%
  UK 7.67%
  Commodities 4.15%
  Middle East & Africa 1.94%
  Cash and Equivalents 0.93%
  Non-Classified 0.51%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 100.00%

Regional Breakdown

Expand allCollapse all
Region Country
 
North America 73.19% -
 
Canada - 63.00%
 
United States - 10.19%
 
Australia & New Zealand 11.60% -
 
Australia - 11.60%
 
UK 7.67% -
 
United Kingdom - 7.67%
 
Commodities 4.15% -
 
Middle East & Africa 1.94% -
 
South Africa - 1.94%
 
Cash and Equivalents 0.93% -
 
Non-Classified 0.51% -

Breakdown By Market Cap (%)

Mega
 
 
8.19%
Large
 
 
31.16%
Medium
 
 
26.51%
Small
 
 
15.98%
Micro
 
 
2.62%
Non-Classified
 
 
14.60%
Cash
 
 
0.93%

Top 10 Holdings

Stock % Weight Sector Country
1 AGNICO EAGLE MINES LTD 8.34% Precious Metals & Mining Canada
2 BARRICK GOLD CORPORATION 8.19% Precious Metals & Mining Canada
3 NEWMONT CORPORATION 6.86% Precious Metals & Mining United States
4 KINROSS GOLD CORPORATION 6.08% Precious Metals & Mining Canada
5 ENDEAVOUR MINING 5.42% Precious Metals & Mining United Kingdom
6 NORTHERN STAR RESOURCES LTD 4.93% Precious Metals & Mining Australia
7 ALAMOS GOLD 4.76% Precious Metals & Mining Canada
8 WHEATON PRECIOUS METALS CORP. 4.06% Precious Metals & Mining Canada
9 LUNDIN GOLD 3.87% Precious Metals & Mining Canada
10 ELDORADO GOLD CORP 3.15% Precious Metals & Mining Canada

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Basic Materials 7.67% 86.16% - - - - - - 93.83%
Cash and Equivalents - - - - - - - 0.29% 0.29%
Bonds - - - - - - - - -
Non-Classified - 0.51% - - - - 4.72% 0.65% 5.88%

Important Information

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only.

Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Identification Codes

Sedol Code B5ZNJ90
Mex Code MYBRGG
Isin Code GB00B5ZNJ904
Citi Code FMP1

Fund Charges

Entry Charge 0.00%
Ongoing Charges 1.17%

Aims and Benchmark

Aims BlackRock Gold and General Fund seeks to achieve long-term capital growth primarily through an actively managed portfolio of gold mining, commodity and precious-metal related shares. The Fund may also invest in other transferable securities and units in collective investment schemes.Derivatives may also be used for the purposes of efficient portfolio management.
Benchmark FTSE Gold Mining Index - GBP Price
Benchmark Category -
IA Sector Specialist

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type Unit Trust
Launch price £1.00
Fund currency Pound Sterling
Fund domicile United Kingdom
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Annually
Distribution Type Dividend
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
01 March 30 April

Ratings

FE Crown Crown Rating of 5

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
- -

Fund Administration

Fund Trustee/Depository BNY Mellon Trust & Depositary (UK) Ltd
Fund Administrator IFDS
Fund Registrar IFDS
Fund Custodian The Bank of New York Mellon SA/NV

Group Details

Group name BlackRock Investment Management (UK) Limited
Group address 12 Throgmorton Avenue London EC2N 2DL
Group telephone 08457 405 405
Dealing telephone 0800 445522
Email broker.services@blackrock.com
Homepage www.blackrock.co.uk
Fax number 020 7743 1135

Dealing

Minimum Investment £100000
Minimum Top Up £100
Minimum Regular Saving -
Settlement Period: Buy 3 days
Settlement Period: Sell 3 days
Pricing Basis Forward
Dealing Decimals 3

Important Information

Ongoing charges may vary in the future and may be higher than they are now.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Risk Analysis

Ratio Value
Alpha 6.34
Beta 1.88
Sharpe 0.10
Standard Deviation 25.88
Info Ratio 0.20

Risk Factors

Risk Factor Yes / No
Charges to Capital No
Emerging Markets Yes
Concentrated Portfolio No
Smaller Companies Yes
High Yield Bonds No
Sector Specific Yes
Geared Investments No
Value of Investments Yes
Investments Long Term Yes
Property No
Exchange Rate Yes
Higher Risk Yes
Performance Charges No
Derivative Exposure No
Offshore No
Income Eroding Capital Growth No
Umbrella Liabilities No
New Fund No
Solvency of Depository No
Solvency of Bond Issuers No
Ethical Restrictions No
Liquidity Yes
Returns Are Not Guaranteed Yes
Inflation Yes
Taxation and Tax Relief Yes

Fund Specific Risks

Emerging Markets

The fund invests in emerging markets. Generally less well regulated than the UK. There is an increased chance of political and economic instability with less reliable custody, dealing and settlement arrangements. The market(s) can be less liquid. If a fund investing in markets is affected by currency exchange rates, the investment could either increase or decrease. These investments therefore carry more risk.

Smaller Companies

The fund invests in smaller companies. Smaller companies shares can be more volatile and less liquid than larger company shares, so smaller companies funds can carry more risk.

Sector Specific

The fund invests in specific sectors. Funds which invest in specific sectors may carry more risk than those spread across a number of different sectors. They may assume higher risk, as markets/sectors can be more volatile. In particular, gold, technology funds and other focused funds can suffer as the underlying stocks can be more volatile and less liquid.

Value of Investments

The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.

Investments Long Term

Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.

Exchange Rate

This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.

Higher Risk

This fund is specifically aimed at sophisticated investors and is particularly high risk, because it concentrates on a region that may be exposed to unusual political or economic risks. You should only invest if you are comfortable with the specific risks pertaining to the fund in question. If you are not familiar with these you should ask us for a copy of the provider's key features and brochure.

Liquidity

This fund can suffer from partial or total illiquidity, which may lead to considerable price fluctuations and the inability to redeem your investment.

Returns Are Not Guaranteed

What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.

Inflation

Inflation will reduce the real value of your investments in future.

Taxation and Tax Relief

Levels of taxation and tax relief are subject to change.

Important Information

The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.