BlackRock Natural Resources Fund

Select share classes

BlackRock Natural Resources Fund D Acc

Category Sector Equity Natural Resources

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

221.284p/220.84p

arrow-up3.716p (+1.71%)

Fund Code

MCNRA

B6865B7

GB00B6865B79

Prices updated as at 12 Dec 2025

Prices in GBX

Investment objective

The aim of the Fund is to provide a return on investor's investment (generated through an increase in the value of the assets held by the Fund and/or income received from those assets) (gross of fees). In seeking to achieve its investment objective, the Fund will invest at least 70% of its total assets in the equity securities (i.e. shares) and equity-related investments (i.e. other investments whose value is related to equities) of companies whose predominant economic activity is in the natural resources sector which includes, but is not limited to, mining, agriculture and energy.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Portfolio as of 31/08/2025

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Stock style

Value

Core

Growth

Large

48

0

17

Medium

10

8

Small

6

0

1

Fixed income style
High ltd
0.00%
% Weight
Ltd
Mod
Ext
High
0
0
0
Medium
0
0
0
Low
0
0
0
Interest rate risk
Bond %
Avg credit quality -
Avg wtd coupon 4.56
Modified duration -
Credit quality breakdown
Rating % of Bond
No Data

	Bond %
Avg credit quality	-
Avg wtd coupon	4.56
Modified duration	-

Rating	% of Bond
No Data

Valuation

BlackRock Natural Resources Fund D Acc

Sector Equity Natural Resources

15.67

14.34

1.10

1.52

1.50

2.00

8.21

8.89

Growth rate

BlackRock Natural Resources Fund D Acc

Sector Equity Natural Resources

13.25%

14.79%

2.77%

1.99%

-15.42%

-15.25%

Top 10 holdings

Sector

-

Country

United Kingdom

% of assets

8.01305

Sector

-

Country

United States

% of assets

7.4355

Sector

-

Country

Canada

% of assets

6.26674

Sector

-

Country

United States

% of assets

5.24643

Sector

-

Country

United States

% of assets

5.01813

Sector

-

Country

United States

% of assets

4.98942

Sector

-

Country

United States

% of assets

4.858

Sector

-

Country

Canada

% of assets

4.39272

Sector

-

Country

United Kingdom

% of assets

4.01089

Sector

-

Country

Ireland

% of assets

3.99144

Assets in top 10 holdings %

54.22%

Total no. of equity holdings

39.00

Total no. of bond holdings

-

Stock sectors

BlackRock Natural Resources Fund D Acc

Sector Equity Natural Resources

66.45%

Basic materials

58.42%

-

Con cyclical

8.03%

-

Financial svs

-

Real estate

-

31.31%

Comm services

-

Energy

30.38%

-

Industrials

0.93%

-

Technology

-

2.24%

Con defensive

2.24%

-

Healthcare

-

Utilities

-

Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Any ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.