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BlackRock Gold & General

Elite Rated by FundCalibre

This highly specialist fund invests in gold mining equities and other precious metal shares. BlackRock has a pedigree running this type of mandate and the experienced manager, Evy Hambro, is supported by a team of gold experts. This fund was launched in 1988 and was the go-to name for investors looking for gold exposure long before the rise of exchange traded funds.

Company Description

A part of the US-based BlackRock Group, BlackRock provides a comprehensive range of products and services across asset classes, geographies and investment strategies, with more than 130 investment teams in 30 countries.


Fund Manager

This fund is run by co-managers Evy Hambro and Tom Holl. Evy first joined BlackRock’s predecessor (MAM) in 1994 and has been part of this strategy since 2001, managing this fund since April 2009. He is also CIO of the natural resources equity team and global head of commodities. Tom joined the company as an analyst within the natural resources team in 2006, becoming co-manager on this fund in July 2015. He is also a director of the company and previously joined Merrill Lynch before it was acquired by BlackRock.


This fund offers unrivalled exposure to gold equities, delivering strong long-term performance relative to its benchmark.

Evy Hambro - Fund Manager

The Investment Process

The team use their specialist knowledge to identify companies in the precious metals and mining sector with the most attractively-priced assets. Their dedicated research database provides an analytical edge.


Given the volatile nature of gold prices, coupled with the cyclical nature of the mining industry, it is unsurprising that this fund has a very high level of risk.

Our Opinion

The combination of an experienced manager, a well-resourced specialist team and an investment process well suited to unearthing value in precious metal stocks makes this a good option for investors wanting gold and other precious metal equity exposure.

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