Trust
FACT BOX
MANAGERS : Evy Hambro & Olivia Markham / LAUNCHED : 15 / 12 / 1993 / DISCOUNT / PREMIUM : + 0.8 % / OCF : 0.99 %
CROWN RATING
N / A
sufficiently high to incentivise more supply ,” she explained . “ Copper demand , related to solar , wind and electric vehicles , is set to double by the end of this decade . This is replicated across other commodities as well . The move to net zero is likely to create a significant investment cycle .”
The managers said 2021 ’ s revenue performance was unlikely to be repeated , but remained optimistic on the prospects for the mining sector in the medium term . Bird added : “ We continue to recommend BlackRock World Mining for investors looking for exposure to the commodities sector .”
Performance of trust vs sector and index over 10yrs
EMIX Global Mining ( 97.9 %)
BlackRock World Mining Trust ( 119.8 %)
IT Commodities & Natural Resources ( -12.7 %)
150 % 125 % 100 % 75 % 50 % 25 % 0 % -25% -50%
-75 % |
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Source : FE Analytics
Issue 85 - June 2022 / 45 /