LU1852331112

BlackRock BGF World Technology Fund SGD-Hedged(LU1852331112)

Equities
Technology
Global
SGD Cash, SRS
Accumulating

Invest with

SGD Cash, SRS

Payout type

Accumulating

Risk rating

About this fund

Description

The Fund seeks to maximise total return by invests globally and primarily in the equity securities of companies whose predominant economic activity is in the technology sector.

Key information

Annual report

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Product Highlight Sheet

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Prospectus

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Information Memorandum

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Factsheet

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Our perspective

Why we think this fund is best-in-class

Product

Unconventional approaches in delivering superior long-term returns through a balanced portfolio of both "Core" and "Opportunistic" companies Diversified across various market caps, geographies, and sectors, but with a bias towards mid caps Good complement to a technology portfolio, and should be used as a satellite position in addition to Core allocations

People

Managed by Lead PM Tony Kim and Co-PM Reid Menge. Tony Kim, in particular, has overseen the strategy since 2013 and has spent over 20 years covering the technology sector, creating the strategy's various unique industry-agnostic approaches. San Francisco-based technology team that benefits from proximity to Silicon Valley and access to emerging and established technology companies

Performance

Good track record of delivering attracting returns over the long term Over the short term, may experience some volatility due to global small cap exposure, although over the longer economic cycle (3 to 5 years), the Fund has demonstrated strong returns with relatively controlled drawdowns during market turndowns

Process

Fundamental-driven focus to identify companies with attractive future growth potentials Utilises top-down analysis to identify macro themes that are likely to affect the value chains and lifestyles of users worldwide, before mapping the trends into strategic sub sectors that will benefit from such developments in the long term, using a proprietary universe taxonomy that is agnostic of traditional sector guidelines Resulting portfolio is underweight on common market favourites, and attempts to generate alpha from smaller companies with greater future growth trajectories Can have a maximum 2% allocation to private companies Adopts a collaborative workflow of having the PMs and analysts covering the entire investments together, rather than having siloed analysts who specialise in certain industries and geographies

Cost

Endowus offers retail share class with 100% trailer fee rebated back to Endowus investors to achieve lower cost of access

How it fits in a portfolio

Investors looking for a value-add tech investment can consider an allocation to this Fund, as it offers a good balance of both established and emergent technology-related companies across various sectors and geography. Investors should note that the Fund may experience extreme volatility during market headwinds that do not favour growth companies, and are recommended to use this Fund in tandem with a broadly diversified investment portfolio.

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Performance

Returns

NAV

Shows the total return of this accumulating fund, which includes dividends reinvested.

Total returns

Cumulative

Annualised

All Time

166.88%

YTD

-9.82%

1 month

-9.59%

6 month

-10.61%

1 year

22.97%

3 year

67.59%

5 year

23.74%

As of Mar 2026

Distributions

This is an accumulating fund, so dividends are re-invested at the fund level.

Risk metrics

Max drawdown

-46.13%As of Mar 2026

Volatility

24.10%As of Mar 2026

Calendar returns

Year	Total	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	-	2.9%	-3.1%	-9.6%	-	-	-	-	-	-	-	-	-
2025	14.7%	3.0%	-7.9%	-11.4%	2.4%	12.3%	9.6%	3.9%	-1.3%	6.4%	7.3%	-7.3%	-0.3%
2024	30.4%	4.4%	7.1%	1.5%	-4.1%	4.7%	9.2%	-5.8%	2.6%	2.5%	-0.3%	4.8%	1.3%
2023	47.2%	11.0%	0.8%	5.8%	-3.2%	10.9%	5.0%	3.5%	-2.0%	-5.9%	-4.1%	14.5%	5.3%
2022	-44.0%	-16.9%	-2.9%	3.5%	-11.5%	-7.8%	-11.6%	13.1%	-2.6%	-12.0%	-0.2%	1.3%	-5.3%
Load more		5 of 9

Top Exposures

Holdings

Regions

Sectors

NVIDIA Corp	9.19%
Broadcom Inc	7.89%
Apple Inc	6.12%
Microsoft Corp	5.47%
Taiwan Semiconductor Manufacturing Co Ltd ADR	5.01%
SK Hynix Inc	4.98%
Samsung Electronics Co Ltd	4.77%
Lam Research Corp	4.50%
Alphabet Inc Class A	4.40%
Advantest Corp	3.69%

Top exposures represent up to 15 of the fund's largest exposures for each category. Allocation percentages may not sum up to 100% and can include negative values due to rounding or trading activities by the underlying fund managers, including short positions.

Fund fees

1.78%1.26% p.a.

Save 29%

Fund facts

ISIN

LU1852331112

Fund house

BlackRock

Fund size

S$20.3B

As of 17 Apr 2026

Fund inception date

25 Jul 2018

Fund class currency

SGD

Fund share class

A2 SGD H

Oldest share class ISIN

LU0056508442

Oldest share inception date

03 Mar 1995

Pricing frequency

Daily

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