BlackRock World Mining Trust (Ordinary Share) BRWM

Sector Specialist: Commodities and Natural Resources

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Estimated NAV (p)

330.00

Share Price (p)

303.80

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
BlackRock World Mining Trust (Ordinary Share) Price -45.11%
BlackRock World Mining Trust (Ordinary Share) NAV -49.22%
Euromoney GLOBAL MINING -37.45%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price		 Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 312.8p -5.3% 330.00p 342.00p
22 Jan 		119% 6.71%

Discrete performance % over

Fund / BenchmarkJan '12
Dec '12		Jan '13
Dec '13		Jan '14
Dec '14
BlackRock World Mining Trust (Ordinary Share) Price-3.47-21.02-28.01
BlackRock World Mining Trust (Ordinary Share) NAV-6.37-26.47-26.24
Euromoney GLOBAL MINING-0.37-23.99-17.41

Discrete performance over

Discrete Performance

Top 10 Holdings

BHP Billiton Plc 10.76%
Rio Tinto Plc 10.76%
First Quantum Minerals Ltd. 8.65%
Glencore Xstrata PLC 8.33%
Lundin Mining 4.64%
Freeport-McMoRan Copper & Gold 4.01%
CERRO VERDE FORESTAL SA (BIGFOREST) 3.59%
MMC Norilsk Nickel 3.37%
Vale S.A. ADR 3.27%
China Shenhua Energy Co. Ltd. 3.26%

Sectors weighting

Commodities 40.80%
Metals 22.90%
Gold Bullion 11.70%
Silver Bullion 7.80%
Miscellaneous 5.30%
Net Current Assets 5.20%
Mining 3.20%
Energy 3.10%

Regional weighting

UK 46.00%
Other Countries 26.00%
Asia exc Japan 9.00%
Fixed Interest 7.00%
North America Region 5.00%
Cash/Cash Equiv. 5.00%
Europe Developed ex-UK 2.00%

  • Investment trust info:

  • Sector Sector Specialist: Commodities and Natural Resources
  • Launch Date 15 Dec 1993
  • Base Currency GBX
  • Domicile UK
  • Share Price (p) 303.80
  • Share Type Ordinary Share
  • TIDM BRWM
  • ISIN GB0005774855
  • Shares Issued (M) 177
  • Market Capital (£M) 554.55
  • Gross Assets (£M) 694.53
  • Net Assets (£M) 585.82
  • TER (%) 1.37
  • Historic Dividend Yield (%) 6.71
  • Last AGM 08 May 2014
  • Next AGM 08 May 2015
  • Last Annual Report Date 09 May 2014
  • Next due Report Date 31 Dec 2014
  • Next due Report Type A/R

  • Objective:

  • To maximise total returns to shareholders through a worldwide portfolio of mining and metal securities. Up to 10% of the assets may be invested in physical metals and up to 20% of the assets may be invested in unquoted securities.

  • Management Group(s):

  • BlackRock Fund Managers Limited
  • BlackRock Investment Management (UK) Ltd

  • Managed by:

  • Catherine Raw Start: 02 Mar 2009
  • Evy Hambro Start: 01 Sep 2000

  • Management Contract & Fees:

    BlackRock provides management services to the Company under a contract terminable on six months notice. BlackRock also acted as the Secretary and Administrator of the Company throughout the year. BlackRock receives an annual management fee of 1.3% of gross assets. Where the Company invests in other investment or cash funds managed by BlackRock, any underlying fee is rebated. No penalty on termination of the investment management contract would be payable by the Company in the event that six months written notice is given to BlackRock. There are no provisions relating to payment of fees in lieu of notice. BlackRock is a subsidiary of BlackRock, Inc. which is a publicly traded corporation on the New York Stock Exchange operating as an independent firm. The PNC Financial Services Group, Inc. and Barclays PLC each have a significant economic interest in BlackRock, Inc. PNC Financial Services Group, Inc. is a US public company. BNYM is the custodian of the Company's assets. The BNYM fee is payable at rates depending on the number of trades affected and location of securities held. The custodian agreement is subject to six months' notice by either party.