BlackRock Gold & General Accumulation Units 
Also available as
income units
Charges and savings
| Fund manager's initial charge | 5.00% |
|---|---|
| HL saving on initial charge | 5.00% |
| HL Dealing charge | Free |
| Net initial charge | 0.00% |
| Fund manager's annual charge | 1.75% |
| HL Annual saving (loyalty bonus) | 0.325% 2 |
| Net Annual charge | 1.425% |
| Fund manager's other expenses | 0.18% |
| Performance fee | No |
| HL Platform charge | Free |
Please read the Simplified Prospectus/Key Investor Information Document in addition to the information above. Further details available in the HL guide to fund prices, savings and yields.
Other information
| Launch date | 07-04-1988 |
|---|---|
| Launch price | £1.00 |
| Sector | Specialist |
| Fund size | £1,602 million |
| Number of holdings | 86 |
| Fund type | Unit Trust |
| Type of units | Accumulation |
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Before you invest please read the documents below.
HL research - our view on this fund
The gap between the price of gold bullion and the valuations of gold mining companies has continued to widen in the first part of 2013. Gold-mining shares have continued to struggle due mainly to company-specific issues such as rising costs and industrial disputes, which has become a familiar story over recent years. However, Evy Hambro notes that the long-term supply and demand drivers for gold remain intact, while an increase in dividends across the gold mining industry could increase the attractiveness of gold mining shares relative to gold bullion.
About the Fund Manager
Evy Hambro
Located in: London
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.
Income details
| Running yield | N/a |
|---|---|
| Income paid | Annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Top 10 holdings
| Franco-Nevada | 7.11% |
|---|---|
| Goldcorp | 7.08% |
| Newcrest Mining | 6.43% |
| Randgold Resources Ltd. ADS | 6.33% |
| Fresnillo | 6.05% |
| Eldorado Gold Corp. | 4.74% |
| Industrias Penoles S.A. de C.V. | 3.48% |
| New Gold | 3.43% |
| Yamana Gold | 3.28% |
| Source Source Physical Gold ETC (P-ETC) | 2.82% |
Top 10 sectors
| Mining | 75.72% |
|---|---|
| Financial Services | 7.13% |
| Industrial Metals & Mining | 5.23% |
| Commodities | 5.09% |
| Equity Investment Instruments | 2.11% |
| Non-Classified | 2.03% |
| Cash and Equiv. | 1.90% |
| Bonds | 0.79% |
Top 10 countries
| Canada | 40.16% |
|---|---|
| United Kingdom | 20.82% |
| Australia | 8.44% |
| United States | 6.10% |
| South Africa | 5.65% |
| Non-Classified | 5.05% |
| Mexico | 3.48% |
| Peru | 3.05% |
| Commodities | 2.27% |
| Russian Federation | 1.91% |
Some of the data on this page and other related pages is provided to you for your information and is received from the Fund Management Company administering this fund. Hargreaves Lansdown accepts no liability for the reliability or accuracy of the data provided by third parties.
2 Annual saving (loyalty bonus) only available on holdings worth over £1,000. Loyalty bonuses in the Vantage Fund & Share Account are paid net of basic rate tax. Loyalty bonuses in the Vantage ISA and SIPP are tax-free and paid gross.
4 If you elect to receive the income from a Vantage ISA or Vantage Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Prices as at 21-05-2013. Data as at 30/04/2013.
