BGF World Gold: Qual. Rating Updated

It’s business as usual at BlackRock World Gold.

Jackie Beard, FCSI, 10 May, 2010 | 10:03PM
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We have published a new Morningstar Qualitative Rating and Research Report for BGF World Gold.

"When former manager Graham Birch decided not to return from his sabbatical in March 2010, we weren’t surprised. Nor was the Natural Resources team at BlackRock. Since his disappearance 12 months earlier, it had adjusted well. The role of team head was divided between Evy Hambro and Robin Batchelor. Hambro has been comanager here since the start of 2002, and his tenure at the firm dates back to 1994. Furthermore, he helped Birch build the team into what it is today--a tight-knit group of 14 with specialist expertise in mining, energy, and agriculture. Birch’s departure is a loss as his experience exceeds 25 years, but the team is well resourced and has been functioning well in his absence, with the analysts ever more involved in the funds."

The full four-page PDF report can be accessed here. It is free to users of morningstar.co.uk.

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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