The fund’s portfolio manager Caesar Bryan looks "at a number of company specifics in order to determine which gold stocks are relatively undervalued. Our focus is on capitalization per ounce of production and, more importantly, on capitalization per ounce of recoverable reserves."
Last year marked the sixth consecutive year the fund has won the prestigious Lipper Fund Award for the United States in the Precious Metals funds category finishing first place for ten year performance.
Recognizing the high quality of international gold knowledge and global investing pedigree that is available, this week’s profile has turned its focus to the British based BlackRock World Gold Fund (MUTF:BWGAX). Since its inception date of December of 1994, the fund has achieved numerous awards globally for its performance.
With just over $200 million of assets under management, the size of this fund is relatively nimble, providing greater flexibility for exposure to smaller exploratory positions which can enhance the upside potential in addition to the risk volatility.
In an exclusive interview with Gold Investing News, TD Precious Metals Fund managers Ari Levy and Chad Gilfillan explained some characteristics of the portfolio and how it is differentiated within the precious metals fund universe.
By Kishori Krishnan Exclusive To Gold Investing News Gold, despite losing some of its appeal as a safe-haven asset amid sentiment the worst of the financial crisis may be over, is holding its ground on expectations of long-term inflation once the economy reheats. But how long will it last, is the moot question. Analysts aver [...]
By Kishori Krishnan Exclusive To Gold Investing News Investors are a worried lot these days. Given that inflation is expected to rise due to the large amounts of money being pumped into the global economy by central banks and governments to boost growth and confidence, the worry lines have just got deeper. The U.S. has [...]
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