Ninety One ISIN LU0345780281

Ninety One Global Gold Fund

Ninety One Global Gold Fund is an active equity fund from Ninety One, ISIN LU0345780281.

  • Active
  • Equity
  • Global
  • Fund size (GBP) £828.8M

The Fund aims to achieve long-term capital growth primarily through investment in equities issued by companies around the globe involved in gold mining. The Fund may also invest, up to one-third, in companies around the globe that are involved in mining for other precious metals and other minerals and metals.

How the fund has returned, and where it ranks among peers. Returns to Sep 2026 end, GBP net total return.
+29.5% Q1
1 year return
+239.1% Q1
3 year return
+244.7% Q1
5 year return
Daily NAV, percent change from the start of the range. Source: FE fundinfo.
  • 1 month −8.2%
  • 3 months +20.3%
  • Volatility, 3 years 34.0%
  • Ongoing charge (OCF)
  • Fund size (GBP) £828.8M

What the fund holds

Where the money is: sectors, countries and largest holdings. As supplied by FE fundinfo, last updated 7 Oct 2026. Swipe or use the arrows for more panels.

By sector

Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 7 Oct 2026.
Gold83.8%
Silver11.8%
Cash3.4%
See all sectorsA free account shows the full list.

By country

Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 7 Oct 2026.
Canada45.6%
Australia24.4%
United States18.5%
See all countriesA free account shows the full list.

By asset class

Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 7 Oct 2026.
Commodity & Energy96.6%
Money Market3.4%

Largest holdings

The biggest positions, and how concentrated the fund is. As supplied by FE fundinfo, last updated 7 Oct 2026.
  1. 1. BARRICK MINING CORPORATION8.7%
  2. 2. ANGLOGOLD ASHANTI LIMITED7.3%
  3. 3. NORTHERN STAR RESOURCES LTD5.6%
  4. 4. EVOLUTION MINING LTD4.9%
  5. 5. NEWMONT CORPORATION4.4%
See all holdingsA free account shows the full list.

Macro events and this fund

Recent events linked to this fund by its country and sector exposure, and how it moved after. A measured move, not a cause.

Performance, risk and facts

Judge return, risk and cost before a client conversation. Relative return uses the chart's time range. Facts as reported by the manager.

Against its benchmark

How the fund compares with its benchmark over the same period.

Risk

How bumpy the ride has been, plus the regulatory risk rating.
Volatility, 3 years34.0%
Scale 0 to 40%
Sharpe ratio, 3 years (FE)0.98
Scale −1 to 3
Largest fall from a peak (maximum drawdown), 3 years
−38.1%
Alpha, 3 years (FE)
9.87
Beta, 3 years (FE)
2.12

Volatility and maximum drawdown: calculated by Funds Benchmark, as at 30 Sep 2026.

Sharpe, alpha, beta: FE fundinfo, as at 7 Jul 2026.

Fund facts

Legal and cost facts for a client note. As reported by the manager.
ISIN
LU0345780281
Fund manager
Sacks, Daniel, George, Rossouw, Cheveley, Winship
Management company
Ninety One Luxembourg S.A.
Depositary
State Street Bank International GmbH, Luxembourg Branch
Benchmark
NYSE Arca Gold Miners Total Return (Euromoney Global Gold Total Return pre 01/04/2018, Euromoney Global Gold Price Return pre 01/10/2014)
Ongoing charge
Share class launch date
30 Nov 2007
Domicile
LU
Fund type
open-ended fund
SRRI
7 of 7

What a sum would have become

What an amount would have grown to over the period.
n/a

Past performance is not a reliable guide to future returns. Capital is at risk. Source: FE fundinfo. Returns are GBP net total return to month end unless stated. Headline returns to Sep 2026. Fund size is shown in GBP.

Managed by Ninety One

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Sector: FE GL Equity Global

View the FE GL Equity Global sector overview — top funds, average performance, exposure →

Top country exposure