Based on the popular 80s card game, each week we select an asset class and use FE fundinfo data to compare two funds based on their three-year performance, assets under management, alpha, volatility, ongoing charges and information ratio to decide which is the Top Trump.
This week, the BlackRock World Gold fund and the Ninety One Global Gold fund tie 3-3.
BlackRock World Gold fund
The fund invests globally at least 70% of its total assets in the equity securities of companies the main business of which is gold mining. The fund may also invest in equity securities of companies the main business of which is precious metal or mineral mining and base metal or mineral mining.
Top 10 holdings:
- Newmont Corporation (8%)
- Agnico Eagle Mines (Ontario) (7.5%)
- Barrick Gold Corp (7.1%)
- Endeavour Mining (6.6%)
- Kinross Gold Corp (Ontario) (6%)
- Northern Star Resources (4.9%)
- Alamos Gold (4.7%)
- Wheaton Precious Metals Corp (4.6%)
- Sprott Physical Silver Trust (4.1%)
- Anglogold Ashanti (4.1%)
Ninety One Global Gold fund
The fund aims to achieve long-term capital growth primarily through investment in equities issued by companies around the globe involved in gold mining. The fund may also invest, up to one-third, in companies around the globe that are involved in mining for other precious metals and other minerals and metals.
Top 10 holdings:
- Barrick Gold Corp (9.3%)
- Agnico Eagle Mines (7.5%)
- Northern Star Resources (6.4%)
- Evolution Mining (6.2%)
- Gold Fields (5.7%)
- Eldorado Gold Corp (4.7%)
- Alamos Gold (4.6%)
- OceanaGold Corp (4.6%)
- Royal Gold (4.5%)
- Zijin Mining Group (4.4%)
