Top Trumps: Precious Metals – 12 November 2026
This week, FSA compares two precious metals funds: BlackRock World Gold Fund and Schroders ISF Global Gold.
This week, FSA compares two precious metals funds: BlackRock World Gold Fund and Schroders ISF Global Gold.


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, Schroders ISF Global Gold defeats the BlackRock World Gold Fund 4-2.
BlackRock World Gold Fund
The fund invests globally at least 70% of its total assets in the equity securities of companies whose predominant economic activity is gold-mining. It may also invest in the equity securities of companies whose predominant economic activity is other precious metal or mineral and base metal or mineral mining.
Top 10 holdings
Barrick Mining Corp (8.66%)
Agnico Eagle Mines Ltd (Ontario) (6.49%)
Newmont Corporation (6.06%)
Wheaton Precious Metals Corp (6.02%)
Northern Star Resources Ltd (5.55%)
Anglogold Ashanti Plc (5.29%)
Endeavour Mining Plc (4.21%)
Franco-Nevada Corp (4.00%)
Torex Gold Resources Inc (3.99%)
Or Royalties Inc (3.68%)
Schroders ISF Global Gold
The fund aims to provide capital growth in excess of the FTSE Gold Mines UCITS capped index after fees have been deducted over a three to five year period by investing in equity and equity related securities of companies in the gold industry.
Top 10 holdings
Agnico Eagle Mines Ltd (Ontario) (5.8%)
Barrick Mining Corp (5.6%)
Newmont Corporation (5.4%)
Predictive Discovery Ltd (4.7%)
Eldorado Gold Corporation (4.6%)
Anglogold Ashanti Plc (4.2%)
Northern Star Resources Ltd (3.6%)
Coeur Mining Inc (3.5%)
Equinox Gold Corp (3.3%)
B2gold Corp (2.9%)
However, critical functions automated by AI require human oversight, said Manoj Bohra, chief data and AI officer at State Street Investment Management
The ETF invests in US dollar-denominated high-quality corporate bonds with maturities of 20 to 35 years.
There are at least another two years left of the current artificial intelligence (AI) capital expenditure cycle, according to Jean-Louis Nakamura, head of conviction equities at Vontobel Asset Management.