BlackRock Gold & General DI Inc

Trade now

Quick Stats

Bid Price GBX 1,074.00 Offer Price GBX 1,080.00
Mid Price - Day Change GBX +2.00 (0.19%)
Price Date 20 Nov 2019 Crown Rating 2
Shares Class Inc. Yield 0.95 %
Total Expense Ratio 0.00 Fund Size 1,032,159,268.18
Launch Date 07/04/1988 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 0.88 Sector IMA UK Equity Income
Min Investment (£) 50,000,000.00 Total Expense Ratio (%) 0.00
ISIN GB00B99BF015 Min TopUp (£) 100.00
Ongoing Charge (%) 0.9000 Ongoing Charge Date 06/02/2019

Fund Objective

The Fund aims to provide a return on your investment (generated through an increase in the value of the assets held by the Fund) over the long term (5 or more consecutive years beginning at the point of investment). The Fund invests invest at least 70% of its total assets in global equity securities (e.g. shares) of companies which derive a significant proportion of their income from gold mining or commodities such as precious metals. The Fund has the flexibility to invest outside of the sector set out above.

Fund Managers

Evy Hambro

Evy Hambro is co-manager of the BlackRock World Mining Trust plc, and is the Chief Investment Officer of the Natural Resources Equity team within BlackRock's Alpha Strategies Group and the Global Head of Commodities for BlackRock. He sits on the BlackRock Global Operating Committee and is a member of the Alpha Strategies Partner Group. He is also manager of a number of the team's portfolios. His service with the firm dates back to 1994, including his years with Mercury Asset Management and Merrill Lynch Investment Managers which merged with BlackRock in 2006. Evy has a degree in agricultural food marketing.

Tom Holl

Thomas Holl, Director and portfolio manager, is a member of the Natural Resources team within the Fundamental Equity division of BlackRock's Alpha Strategies 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.

Fund Performance

Cumulative Performance

Discrete Performance

Top 10 Holdings

Name Weight
BARRICK GOLD CORP 9.45%
NEWMONT GOLDCORP CORP 9.22%
AGNICO EAGLE MINES 8.12%
NEWCREST MINING 7.82%
ANGLOGOLD ASHANTI 4.90%
FRANCO NEVADA CORP 4.79%
WHEATON PRECIOUS METALS CORP 4.71%
KINROSS GOLD CORP 4.61%
POLYUS PJSC 3.70%
B2GOLD CORP 3.55%

Asset Breakdown

Name Weight
Commodity & Energy 99.20%
Money Market 0.80%

Region Breakdown

Name Weight
Australia 16.05%
Belgium 0.53%
Canada 44.74%
Mexico 0.16%
Money Market 0.80%
Peru 0.43%
Russia 2.73%
South Africa 0.57%
UK 8.84%
USA 25.14%

Sector Breakdown

Name Weight
Gold 93.28%
Money Market 0.80%
Other Metals 0.14%
Others 1.40%
Precious Metals & Stones 0.57%