<p><span style="font-size: 8pt;font-family: Arial;">The Sustainable Energy 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 Fund will not invest in companies that are classified in the following sectors (as defined by Global Industry Classification Standard): coal and consumables; oil and gas exploration and production; and integrated oil and gas.</span></p>


BlackRock (Luxembourg) SA

BlackRock Investment Management (UK) Ltd.

Sector Equity Alternative Energy

Morningstar Gbl Renew Enrg NR USD

Equity

MSCI ACWI NR USD

BGF Sustainable Energy D2

BGF Sustainable Energy A2

2023

2022

2021

2020

2019

United States

United Kingdom

Germany

Japan

France

Italy

Unclassified

Utilities

Industrials

Technology

Basic Materials

National Grid PLC

SSE PLC

GE Vernova Inc

RWE AG Class A

Linde PLC

Renesas Electronics Corp

Compagnie de Saint-Gobain SA

ON Semiconductor Corp

Prysmian SpA

Hubbell Inc