Morningstar Fund Report  | 05/04/2025Print

BlackRock Global Funds - Sustainable Energy Fund A2

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
BlackRock Global Funds - Sustainable Energy Fund A2
Fund16.8-8.06.4-7.4-11.3
+/-Cat16.5-2.019.03.7-3.9
+/-B’mrk5.3-6.45.1-8.4-7.4
 
Category: Sector Equity Alternative Energy
Category Benchmark: Morningstar Gbl Renew Enrg ...
Key Stats
NAV
04/04/2025		 USD 13.61
Day Change -4.09%
Morningstar Category™ Sector Equity Alternative Energy
ISIN LU0124384867
Fund Size (Mil)
31/03/2025		 USD 3389.73
Share Class Size (Mil)
04/04/2025		 USD 1418.27
Max Initial Charge 5.26%
Ongoing Charge
04/02/2025		  1.96%
Investment Objective: BlackRock Global Funds - Sustainable Energy Fund A2
The Fund seeks to maximise total return. The Fund invests globally at least 70% of its total assets in the equity securities of sustainable energy companies. Sustainable energy companies are those which are engaged in alternative energy and energy technologies including: renewable energy technology; renewable energy developers; alternative fuels; energy efficiency; enabling energy and infrastructure. The companies are rated by the Investment Adviser based on their ability to manage the risks and opportunities associated with alternative energy and energy technologies and their ESG risk and opportunity credentials, such as their leadership and governance framework, which is considered essential for sustainable growth, their ability to strategically manage longer-term issues surrounding ESG and the potential impact this may have on a company’s financials.
Returns
Trailing Returns (GBP)04/04/2025
YTD-15.50
3 Years Annualised-5.91
5 Years Annualised9.05
10 Years Annualised6.89
12 Month Yield 0.00
Management
Manager Name
Start Date
Alastair Bishop
02/11/2015
Charlie Lilford
01/03/2018
Inception Date
06/04/2001

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI ACWI NR USDMorningstar Gbl Renew Enrg NR USD
Portfolio Profile for  BlackRock Global Funds - Sustainable Energy Fund A228/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock97.900.0097.90
Bond0.050.000.05
Property0.000.000.00
Cash7.575.512.06
Other0.000.000.00
Top 5 Regions%
United States53.54
Eurozone25.89
United Kingdom10.97
Europe - ex Euro4.76
Japan2.46
Top 5 Sectors%
Industrials35.75
Technology33.41
Utilities22.44
Basic Materials7.07
Consumer Cyclical1.33
Top 5 HoldingsSector%
SSE PLCUtilitiesUtilities4.36
National Grid PLCUtilitiesUtilities4.33
NextEra Energy IncUtilitiesUtilities4.19
NEXTracker Inc Ordinary Shares -... TechnologyTechnology4.12
Compagnie de Saint-Gobain SAIndustrialsIndustrials3.65
Increase Decrease New since last portfolio
BlackRock Global Funds - Sustainable Energy Fund A2
Growth Of 1000 (GBP) 31/03/2025
Fund:  BlackRock Global Funds - Sustainable Energy Fund A2
Category:  Sector Equity Alternative Energy
Category Index:  Morningstar Gbl Renew Enrg NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-8.6925.1845.7816.80-8.036.40-7.42-11.31
+/- Category4.08-1.22-25.4716.46-2.0218.993.65-3.91
+/- Category Index--22.765.34-6.375.08-8.37-7.41
% Rank in Category3268701164103881
Trailing Returns (GBP)04/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-4.09   -3.19-2.44
1 Week-6.25   -2.61-2.95
1 Month-7.38   -2.36-3.16
3 Months-17.05   -7.11-11.50
6 Months-19.34   -2.69-10.87
YTD-15.50   -7.39-10.44
1 Year-19.83   -3.47-14.90
3 Years Annualised-5.91   7.74-4.92
5 Years Annualised9.05   3.14-1.65
10 Years Annualised6.89   1.49-
 
Category: Sector Equity Alternative Energy
Category Index: Morningstar Gbl Renew Enrg NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-11.31---
2024-1.85-1.270.82-5.24
20237.91-0.67-8.428.39
2022-7.85-13.057.736.54
20213.083.403.116.29
2020-13.0525.2714.5016.89
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAbove AverageBelow Average4 star
5-YearAbove AverageLow4 star
10-YearAbove AverageLow4 star
OverallAbove AverageLow4 star
 
Category :  Sector Equity Alternative EnergyClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev17.16 %
3-Yr Mean Return-3.09 %
 
3-Yr Sharpe Ratio-0.41
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Gbl Renew Enrg NR USD  Morningstar Gbl Renew Enrg NR USD
3-Yr Beta1.201.20
3-Yr Alpha-2.34-2.34
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)USD 28497-
Market Capitalisation% of Equity
Giant7.49
Large41.16
Medium39.15
Small8.66
Micro3.54
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings15.770.97
Price/Book1.991.03
Price/Sales1.711.09
Price/Cash Flow9.020.95
Dividend-Yield Factor1.680.97
 
Long-Term Projected Earnings Growth8.850.77
Historical Earnings Growth9.831.50
Sales Growth1.220.87
Cash-Flow Growth15.472.70
Book-Value Growth9.921.26
 
Category: Sector Equity Alternative Energy
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock97.900.0097.90
Bond0.050.000.05
Property0.000.000.00
Cash7.575.512.06
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States53.541.14
Canada0.000.00
Latin America0.000.00
United Kingdom10.972.01
Eurozone25.891.01
Europe - ex Euro4.760.74
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan2.461.02
Australasia0.000.00
Asia - Developed0.820.31
Asia - Emerging1.550.24
 
Category: Sector Equity Alternative Energy
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials7.071.38
Consumer CyclicalConsumer Cyclical1.330.43
UtilitiesUtilities22.440.93
IndustrialsIndustrials35.751.12
TechnologyTechnology33.410.98
 
Category: Sector Equity Alternative Energy
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings47
Total Number of Bond Holdings0
Assets in Top 10 Holdings37.43
NameSectorCountry% of Assets
SSE PLC207United Kingdom4.36
National Grid PLC207United Kingdom4.33
NextEra Energy Inc207United States4.19
NEXTracker Inc Ordinary Shares - Class A311United States4.12
Compagnie de Saint-Gobain SA310France3.65
Linde PLC101United States3.59
Prysmian SpA310Italy3.50
Kingspan Group PLC310Ireland3.38
BlackRock ICS USD LiqEnvtlyAwr Agcy IncIreland3.19
First Solar Inc311United States3.12
 
Increase Decrease New since last portfolio
Category: Sector Equity Alternative Energy
 
Management
Name of CompanyBlackRock (Luxembourg) SA
Phone+44 20 77433000
Websitewww.blackrock.com
Address35 A, avenue J.F. Kennedy,
 Luxembourg   L-1855
 Luxembourg
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date06/04/2001
Fund Advisor(s)
BlackRock Investment Management (UK) Ltd.
Fund ManagerAlastair Bishop
Manager Start Date02/11/2015
Career Start Year2001
Education
2001, University of Nottingham, B.S.
 
Biography
Alastair Bishop, Managing Director, is a member of the Natural Resources team within Fundamental Equity division of BlackRock’s Active Equity Group. Mr. Bishop was a senior research analyst at Piper Jaffray, where he was responsible for covering the Clean Technology industry. Prior to joining Piper Jaffray in 2009, he covered the Renewable Energy and Industrial sectors for 8 years at Dresdner Kleinwort. Mr. Bishop began his career in 2001 at Dresdner Kleinwort Investment Bank. Mr. Bishop earned a BSc degree in economics from the University of Nottingham in 2001.
Fund ManagerCharlie Lilford
Manager Start Date01/03/2018
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.26%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.65%
Ongoing Charge1.96%
Purchase Details
Minimum Investments
Initial5000  USD
Additional750  USD
Savings-
Tax Free Savings Schemes
ISAsNo