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Commodities Briefing - Categorized | Fund Profile, Investment

China’s CIC fund bets on North American coal, gold, iron ore, potash

Posted on 10 February 2010

Fom Mineweb.com: China Investment Corporation, one of the world’s largest sovereign wealth funds, is using exchange-traded funds to take positions in the mining sector, including gold miners AngloGold Ashanti, Gold Fields and Kinross.

The fund also holds US$145 million or 155,600 shares of gold-backed ETF SPDR Gold Trust shares…………………………………Full Article: Source

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