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A rocky year for precious metals equity funds

Posted on 25 February 2014

What are we looking for? How equity funds that invest in gold, silver and other rare metals have performed in the past year. The screen: We looked at the best-performing precious metals equity funds for the year ended Jan 31. U.S. dollar, segregated and duplicate versions of the funds were excluded, as were those with minimum investments of more than $25,000.
What did we find? It was a losing year for precious metals funds, but there could be a glint in gold assets in the coming year. “We’re now at a stage where we see some glimpse of stabilization, but we’re nowhere near the recovery levels expected after the liquidity crisis in 2008. So quite a bit uncertainty here,” said Ani Markova, lead portfolio manager of AGF’s precious metals fund………………………………………..Full Article: Source


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