BLACKROCK WORLD MINING TRUST PLC ORD GBP0.05
Symbol: BRWM
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Invest in this share within an ISA, JISA, SIPP or Investment Account
Past Performance
- 20th Apr 2019 to 20th Apr 2020-9.55%
- 20th Apr 2020 to 20th Apr 2021108.98%
- 20th Apr 2021 to 20th Apr 202233.87%
- 20th Apr 2022 to 20th Apr 2023-8.26%
- 20th Apr 2023 to 20th Apr 2024-12.40%
Key Information
| Benchmark | EMIX Global Mining |
| Sector | IT Commodities & Natural Resources |
| Gearing | 110% |
| Ex-Dividend Date | 21 Mar 2024 |
| Dividend Pay Date | 14 May 2024 |
| Total Dividends - Year to Date | 33.5 |
| Dividend Yield (%) | 5.9928 |
Net Asset Value (Nav)
| Latest actual NAV | 588.80 |
| Latest actual NAV date | 18/04/2024 |
| NAV frequency | Daily |
| Premium/Discount | -5.49% |
Charges
|
Total Ongoing Charges
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing. |
1.4259% |
| Performance Fee | 0% |
| AMC | 0.80% |
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Our Platform Charge
We charge a platform fee of 0.35% per annum on the value of all stocks & shares held across all accounts, minimum £24 and maximum £240 per annum, charged pro-rata monthly in arrears. A full list of our rates and charges can be found here . |
0.35% |
Cost and Charges Information
This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product
Account Type
Annual charges
These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate
| Cost Category | % of Investment | lump sum costs |
|---|---|---|
Our annual fee
Our annual feeIncludes our platform fee at 0.35% per annum for Funds (up to £250,000) and Stocks & Shares (min £24 max £240), plus SIPP administration fee (if applicable, only charged if <£30,000 held) - see here |
0.35% | |
Dealing charges
Dealing chargesAny one-off commission charges associated with investing. Note that government taxes and levies are not included |
N/A | |
Product provider costs
Product provider costsProduct provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs |
1.4259% | |
Total (£)
Total (£)Costs per annum displayed in monetary value |
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Total (%)
Total (%)Costs per annum displayed as a percentage of investment value |
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Cumulative effect of charges on your investment's return
This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges
| lump sum invested with an assumed growth rate of | 1 year | years |
|---|---|---|
What you might get back at with no charges applied
What you might get back at with no charges appliedThese are the illustrative values of a investment after growth and no costs applied at the end of the defined period |
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Annual charges
Annual chargesThese are the annual costs based on an initial investment amount of assuming a net zero growth rate |
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Effect of charges on return (%)
Effect of charges on return (%)These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate |
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Effect of charges on return (£)
Effect of charges on return (£)These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate |
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What you might get back at with charges applied
What you might get back at with charges appliedThese are the illustrative values of a investment after growth and costs at the end of the defined period |
This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use
Company
Business Summary
BlackRock World Mining Trust plc is a United Kingdom-based investment company. The Company's investment objective is to provide a diversified investment in mining and metal assets worldwide, actively managed with the objective of maximizing total returns. The Company principally invests in quoted securities. The Company's investment policy includes investing in royalties derived from the production of metals and minerals as well as physical metals. The Company holds approximately 10% of its gross assets in physical metals and invests approximately 20% in unquoted investments. The Company's subsidiary, BlackRock World Mining Investment Company Limited, which is engaged in investment dealing. The Company's alternative investment fund manager is BlackRock Fund Managers Limited.
Financial Summary
BRIEF: For the fiscal year ended 31 December 2023, BlackRock World Mining Trust Plc revenues decreased from £222.1M to -£55.8M. Net loss totaled £79M vs. income of £202.4M. Revenues reflect Net Loss - Fin. Instruments Fair Value decrease from £152.9M to -£140.6M, Overseas dividends decrease of 26% to £33.5M, UK dividends decrease of 51% to £8.6M. Net loss reflects Legal and professional fees increase from £35K to £147K (expense).
Performance
Cumulative Performance
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years |
| 13.35% | 10.76% | 6.59% | -12.40% | 7.59% | 103.38% |
Important Information
Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.
The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.
Composition
View Fund Allocation by:
Important Documents
The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.
The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured.
291,476 bytes PDF Document; last updated 29 Feb 2024
116,332 bytes PDF Document; last updated 28 Dec 2023
4,391,420 bytes PDF Document; last updated 31 Dec 2023
2,081,473 bytes PDF Document; last updated 30 Jun 2023
Management Team
Olivia Markham Evy Hambro
Olivia Markham
has managed this fund for 8 years and 11 months.
Olivia Markham, CFA, Director and portfolio manager, is a member of the Natural Resources Equity team within the Fundamental Equity division of BlackRock's Alpha Strategies Group. She co-manages the BlackRock World Mining Trust, the BGF World Mining Fund, the Commodities Income Investment Trust and a number of the team’s segregated portfolios. Ms. Markham joined BlackRock in 2011. Previously, she was head of the European Mining team at UBS with lead coverage of the UK diversified miners. Before moving to London in 2009, Ms. Markham worked for Merrill Lynch in Sydney covering the Australian miners. She also spent four years working within the Mergers and Acquisition team at BHP Billiton. Ms. Markham earned a BComm degree in finance from the University of Western Australia in 2003.
Manager Cumulative Performance v Peer Group
Evy Hambro
has managed this fund for 14 years and 11 months.
Evy Hambro is co-manager of the BlackRock World Mining Trust plc, and is Global Head of Thematic and Sector Investing, as well as the Head of the Natural Resources Equity Team. 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 covering the mining, gold and circular economy strategies. 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.
Manager Cumulative Performance v Peer Group
Financials
Income Statement - All values are in GBP (M).
|
Year Ending |
31/12/2023 |
31/12/2022 |
31/12/2021 |
31/12/2020 |
31/12/2019 |
31/12/2018 |
|---|---|---|---|---|---|---|
| Total Revenue | -55.78 | 222.10 | 208.35 | 225.57 | 127.26 | -79.50 |
| Gross profit | -75.41 | 206.37 | 197.37 | 217.25 | 117.11 | -88.79 |
| Operating Profit/Loss | -76.31 | 205.69 | 196.59 | 216.45 | 116.15 | -89.74 |
| Profit Before Tax | -76.31 | 205.69 | 196.59 | 216.45 | 116.15 | -89.74 |
| Profit After Tax | -78.99 | 202.42 | 192.47 | 216.52 | 114.07 | -91.09 |
| Equity Holders of Parent Company | -78.99 | 202.42 | 192.47 | 216.52 | 114.07 | -91.09 |
| Minority Interest | NIL | NIL | NIL | NIL | NIL | NIL |
Balance Sheet - All values are in GBP (M).
|
Year Ending |
31/12/2023 |
31/12/2022 |
31/12/2021 |
31/12/2020 |
31/12/2019 |
31/12/2018 |
|---|---|---|---|---|---|---|
| Total Non-Current Assets | 1,298.42 | 1,424.84 | 1,256.80 | 1,045.82 | 845.78 | 778.53 |
| Total Current Assets | 21.75 | 41.54 | 32.21 | 10.09 | 6.46 | 38.48 |
| Total Assets | 1,320.17 | 1,466.38 | 1,289.01 | 1,055.91 | 852.23 | 817.00 |
| Total Liabilities | 160.12 | 167.10 | 146.13 | 125.08 | 95.12 | 131.41 |
| Total Net Assets | 1,160.05 | 1,299.29 | 1,142.87 | 930.83 | 757.11 | 685.60 |
| Shareholders Funds | 1,160.05 | 1,299.29 | 1,142.87 | 930.83 | 757.11 | 685.60 |
| Minority Interests | NIL | NIL | NIL | NIL | NIL | NIL |
| Total Equity | 1,160.05 | 1,299.29 | 1,142.87 | 930.83 | 757.11 | 685.60 |