Bestinvest says
This fund comes from a very strong stable of commodity funds at BlackRock who have a significant commodities team. Co-Manager Richard Davis is very experienced although he has not previously managed a pure Agriculture fund.
The World Agriculture Fund seeks to maximise total return. The fund invests globally at least 70% of its total assets in the equity securities of agricultural companies. Agricultural companies are those which are engaged in agriculture, agricultural chemicals, equipment and infrastructure, agricultural commodities and food, bio-fuels, crop sciences, farm land and forestry.