Prudential BlackRock Gold & General S2

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

Performance

Discrete performance - to last month end

30/06/15
to
30/06/16
30/06/16
to
30/06/17
30/06/17
to
30/06/18
30/06/18
to
30/06/19
30/06/19
to
30/06/20
Fund 78.9% -14.3% -10.5% 16.8% 40.8%
Sector 20.9% 4.1% 8.9% 4.6% -0.1%
Rank 1/37 37/38 33/38 13/38 6/38
Quartile 1 4 4 2 1

Annualised performance

Annualised
3 Years to
30/06/20
5 Years to
30/06/20
10 Years to
30/06/20
Fund 13.7% 17.7% -0.1%
Sector 4.4% 7.4% -1.6%
Rank 9/38 9/37 9/31
Quartile 1 1 2

Top 10 Holdings

Stock % Weight
NEWMONT CORPORATION 8.12
BARRICK GOLD CORP 7.96
WHEATON PRECIOUS METALS CORP 4.31
NEWCREST MINING 4.31
ALAMOS GOLD 4.08
KINROSS GOLD CORP 3.93
AGNICO EAGLE MINES 3.91
NORTHERN STAR RESOURCES LTD 3.90
ENDEAVOUR MINING CORP 3.77
B2GOLD CORP 3.65
Total 47.95

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the BlackRock Gold & General Fund - the underlying Fund.

Underlying 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) (gross of fees) over the long term (5 or more consecutive years beginning at the point of investment) through investment in shares of companies related to gold mining, commodities and precious-metals. It tends to be volatile and is particularly suitable for diversification in a larger portfolio.

Fund Manager

Tom Holl manager of the underlying fund for 5 years

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 of the underlying fund for 11 years and 3 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 (07/07/2020) 175.40
Offer (07/07/2020) 184.60
Fund size (30/04/2020) £0.82m
Underlying Fund size £1400.28m
Number of holdings 51
Launch date 20/10/2008

Fund Charges

Annual Management Charge (AMC) 1.60%
Further Costs 0.22%
Yearly Total 1.82%

Asset Allocation

pie chart
  International Equities 91.60%
  UK Equities 4.70%
  Cash and Equivalents 0.86%
  Commodities 0.80%
  Alternative Trading Strategies 0.00%
  Other Assets 2.03%
Portfolio data accurate as at: 31/05/20

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Source of portfolio data: FundsLibrary. Source of performance data: Financial Express (FE). 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 fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs 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 net 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 FundsLibrary, 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 91.60%
  UK Equities 4.70%
  Cash and Equivalents 0.86%
  Commodities 0.80%
  Alternative Trading Strategies 0.00%
  Other Assets 2.03%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Basic Materials 93.19% - - -
 
Basic Resources - 93.19% - -
 
Precious Metals & Mining - - 91.33% -
 
Gold Mining - - - 81.66%
 
Platinum & Precious Metals - - - 9.68%
 
Industrial Metals & Mining - - 1.86% -
 
Nonferrous Metals - - - 0.98%
 
General Mining - - - 0.88%
 
Non-Classified 4.71% - - -
 
Non-Classified - 1.93% - -
 
Non-Classified - - 1.93% -
 
Non-Classified - - - 1.93%
 
Cash and Equivalents 0.86% - - -
 
Commodities 0.80% - - -
 
Commodities - 0.80% - -
 
Commodities - - 0.80% -
 
Commodities - - - 0.80%
 
Health Care 0.43% - - -
 
Health Care - 0.43% - -
 
Health Care Providers - - 0.43% -
 
Health Care Services - - - 0.43%
 
Alternative Trading Strategies 0.00% - - -
 
Alternative Trading Strategies - 0.00% - -
 
Alternative Trading Strategies - - 0.00% -
 
Alternative Trading Strategies - - - 0.00%
 
Bonds 0.00% - - -

Regional Allocation

pie chart
  North America 58.85%
  Australia & New Zealand 17.70%
  Middle East & Africa 9.14%
  Emerging Europe 5.91%
  UK 4.70%
  Non-Classified 2.04%
  Other Regions 1.66%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 99.14%
  Cash 0.86%

Regional Breakdown

Expand allCollapse all
Region Country
 
North America 58.85% -
 
Canada - 50.73%
 
United States - 8.12%
 
Australia & New Zealand 17.70% -
 
Australia - 17.70%
 
Middle East & Africa 9.14% -
 
South Africa - 9.14%
 
Emerging Europe 5.91% -
 
Russian Federation - 5.91%
 
UK 4.70% -
 
United Kingdom - 4.70%
 
Non-Classified 2.04% -
 
Cash and Equivalents 0.86% -
 
Commodities 0.80% -

Breakdown By Market Cap (%)

Mega
 
 
19.49%
Large
 
 
31.77%
Medium
 
 
26.94%
Small
 
 
4.10%
Micro
 
 
1.34%
Non-Classified
 
 
15.50%
Cash
 
 
0.86%

Top 10 Holdings

Stock % Weight Sector Country
1 NEWMONT CORPORATION 8.12% Precious Metals & Mining United States
2 BARRICK GOLD CORP 7.96% Precious Metals & Mining Canada
3 WHEATON PRECIOUS METALS CORP 4.31% Precious Metals & Mining Canada
4 NEWCREST MINING 4.31% Precious Metals & Mining Australia
5 ALAMOS GOLD 4.08% Precious Metals & Mining Canada
6 KINROSS GOLD CORP 3.93% Precious Metals & Mining Canada
7 AGNICO EAGLE MINES 3.91% Precious Metals & Mining Canada
8 NORTHERN STAR RESOURCES LTD 3.90% Precious Metals & Mining Australia
9 ENDEAVOUR MINING CORP 3.77% Precious Metals & Mining Canada
10 B2GOLD CORP 3.65% 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
Health Care - 0.43% - - - - - - 0.43%
Basic Materials 4.70% 88.49% - - - - - - 93.19%
Cash and Equivalents - - - - - - - 0.86% 0.86%
Non-Classified - 2.68% - - - - 2.84% - 5.52%

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

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 FundsLibrary, 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 B3BW146
Mex Code PUBRGG
Isin Code GB00B3BW1467
Citi Code D9W7

Fund Charges

Annual Management Charge (AMC) 1.60%
Further Costs 0.22%
Yearly Total 1.82%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in the BlackRock Gold & General Fund - the underlying Fund. Underlying 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) (gross of fees) over the long term (5 or more consecutive years beginning at the point of investment) through investment in shares of companies related to gold mining, commodities and precious-metals. It tends to be volatile and is particularly suitable for diversification in a larger portfolio.
Benchmark FTSE Gold Mining Index (GBP)
Sector ABI Commodity/Energy

Ratings

FE Crown Crown Rating of 1

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Charges and further costs 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 FundsLibrary, 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 8.97
Beta 1.25
Sharpe 0.33
Standard Deviation 31.14
Info Ratio 0.56

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 No
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.

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

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

The risk factor definitions are provided by FundsLibrary. 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 FundsLibrary, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Source of performance data: Financial Express (FE). 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 fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs 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 net 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 FundsLibrary, 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.