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What is Blackrock World Mining Fund?

What is Blackrock World Mining Fund?

The World Mining Fund seeks to maximise total return. The Fund invests globally at least 70% of its total assets in the equity securities of mining and metals companies whose predominant economic activity is the production of base metals and industrial minerals such as iron ore and coal.

Is Blackrock World Mining Trust a good investment?

The trust’s ongoing charge is just over one per cent and the stock market identification code is 0577485. A recent note from investment trust analysts at Numis described the fund as ‘a good way to gain diversified exposure to the mining sector, which can be highly volatile on a stocks-pecific basis’.

What is DSP World Mining Fund?

About DSP World Mining Fund DSP World Mining Fund Direct Plan-Growth is a International mutual fund scheme from DSP Mutual Fund. DSP World Mining Fund Direct Plan-Growth has ₹172 Crores worth of assets under management (AUM) as on 31/12/2021 and is medium-sized fund of its category.

Where is Black Rock mine situated?

Northern Cape province of South Africa
The Black Rock mine is a mine located at Hotazel in the Northern Cape province of South Africa. Black Rock represents one of the largest manganese reserves in South Africa having estimated reserves of 70.4 million tonnes of manganese ore grading 39% manganese metal.

Is DSP World Mining good?

The DSP World Mining Fund – Regular Plan currently holds Assets under Management worth of Rs 163.14 crore as on Oct 31, 2021….Basic Details.

Fund House DSP Mutual Fund
Launch Date 29-Dec-2009
Return Since Launch 3.4%
Benchmark Euromoney Global Mining Constrained Weights Net Total Return Index
Riskometer Very High

How is DSP?

Digital Signal Processors (DSP) take real-world signals like voice, audio, video, temperature, pressure, or position that have been digitized and then mathematically manipulate them. In the real-world, analog products detect signals such as sound, light, temperature or pressure and manipulate them.

Who owns Black Rock mine?

Assmang Proprietary Limited
Assmang Proprietary Limited, a company incorporated in the Republic of South Africa and its joint venture and subsidiary companies. The Company mines manganese ore at the Black Rock Mining Complex and iron ore at Khumani and Beeshoek Mines in the Northern Cape Province.

Where is manganese found in Africa?

Our South African manganese mines are found in the manganese rich Kalahari Basin, in the country’s northern cape, which is home to 80 per cent of the world’s manganese ore body.

Where does DSP World Mining Fund invest?

BlackRock Global Funds
Investment objective & Benchmark 1. The investment objective of the fund is that ” The fund would predominantly invest in units of BlackRock Global Funds – World Mining Fund. In addition to this, a significant part of its corpus would be invested in units of other similar overseas mutual fund schemes. ” 2.