|Bid Price||-||Offer Price||-|
|Mid Price||USX 173.96||Day Change||USX -0.43 (-0.05%)|
|Price Date||16 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||1.62||Fund Size||95,455,800.00|
|Launch Date||10/04/2006||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||1.50||Sector||IMA UK Equity Income|
|Min Investment (£)||100,000.00||Total Expense Ratio (%)||1.62|
|ISIN||GB00B12GL767||Min TopUp (£)||10,000.00|
The Fund aims to achieve long term capital growth primarily through investment in equities issued by companies around the globe involved in gold mining and in derivatives the underlying assets of which are equities issued by companies around the globe involved in gold mining.
George is a portfolio manager and metals and mining specialist in the Commodities & Resources team at Investec Asset Management having joined the firm in 2007. Prior to this, he was a market analyst for three years at BHP Billiton, working in The Hague and Singapore. He was recruited to BHP Billiton in 2004 from CRU (Commodities Research Unit), an independent metals/chemicals related research company based in London. At CRU, he spent three years in the Carbon Steel team and five years as a Research Manager – Copper, providing in-depth research and forecasts to the industry, banks and hedge funds. George began his career in 1990 in operations at British Steel Strip Products, working for three years in the Tinplate division. George graduated from the University of Oxford in 1989 with an honours degree in Classics and in 1995 was awarded an MBA from Warwick University.
Hanré is a portfolio manager within the Commodities & Resources team covering precious metals and frontier and emerging market resources. Prior to joining the firm in 2013, he was the Chief Financial Officer of Xstrata Alloys overseeing Xstrata plc’s chrome and platinum interests in South Africa. He joined Xstrata in 2004, and also held other senior roles in Strategy, M&A and Investor Relations in London as part of the core team that built Xstrata into a global diversified mining company, subsequently acquired by Glencore for $30bn in 2013. His mining career started as graduate engineer at Anglo American plc (with experience at AngloGold and AngloCoal) and later also worked for De Beers and Accenture. Hanré graduated from Oxford University with a Master’s degree in Business Administration. He has also holds a Bachelor of Engineering degree in Chemical Engineering and a Bachelor of Commerce (Hons.) degree in Economics.