HC Charteris Gold & Precious Metals Fund

Fund Facts:

*    Fund was top performing fund in the UK for 2016, up                     133.95%*

 

*    Top quartile performance calendar year 2010, 2016, 1H 2019*

 

*    Single Crown Rating from FE

 

*     2 stars from Morningstar

 

*     Ian Williams has been a Citywire A rated manager

 

Q & A:

How is this Fund different from other specialist funds?

The fund has a higher than average exposure to Silver Miners over Gold Miners

What is your competitive edge?

The Fund does not invest in micro cap exploration shares which tend to be highly illiquid. The size of the fund does enable us to switch in and out of shares fairly easily at the manager’s discretion whereas much larger funds can have trouble changing strategies and/or stock when the market turns. Also unlike most other Gold Funds this Fund has no South Africa exposure.

Why invest in this sector?

Gold and Silver historically have proved to behave in a counter cyclical fashion to Equities & Bonds and therefore should be considered for reasons of portfolio diversification. Also as most of the holdings are overseas the fund acts as a hedge against any depreciation of the pound on the FX market.

What are the risks?

Like all equity funds, the value of this investment and the income from it can go down as well as up. Past performance should not be a guide to future performance as market conditions, currency and commodity price movements can affect investor returns. As a resource based fund it has higher historic volatility than most other types of funds.

Bear Points

Mines do eventually run out of ore whereas Gold Bullion remains constant.

Mines can encounter Political & Geophysical problems such as earthquakes & adverse change of Government etc.

Mines can have bad management which depletes shareholder value although good management can enhance shareholder value.

Gold and Precious Metals Fund

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Investment aims and Structure

This is a UK UCITS Fund that provides investors with exposure to Gold, & Silver & other precious metal mining companies.

Bull Points

Gold & Precious metal mining companies have the

ability to pay dividends unlike Gold & Silver Bullion

which yields zero.

Historically Gold/Silver mining Shares tend to

outperform Gold/Silver bullion in a bull market due to operational gearing.

Gold & Precious metal mining companies have the

potential and ability to make discoveries due to their

exploration activities.

 

Gold & Precious metal mining companies can be subject to merger & acquisition (M&A) activity from larger mining companies.

 

 

 

 

Current break down of the HC Charteris

About Charteris

Charteris Treasury Portfolio Managers Ltd was established in 1984 as an investment management company. Charteris is authorised and regulated by the Financial Conduct Authority (FCA number 114952)

The investment team has more than 200 years of experience of global financial markets

Important Information

Past performance should not be as guide to future performance. All performance information is based on the Institutional Accumulation class unless stated otherwise. The value of this investment and the income from it can go down as well as up, it may be affected by exchange rate variations, and you may not get back the amount invested. The outlook expressed in this brochure represents the views of the Investment Manager at the time of preparation and should not be interpreted as investment advice. The asset split detailed within the brochure are correct as at reporting period and are subject to change, whilst operating within the objectives of the Fund. This document should be read in conjunction with the Fund’s Key Investor Information document (KIID), which will exclusively form the basis of any application and the Fund’s prospectus. A comprehensive list of risk factors is detailed in the KIID and the Principal Prospectus and an investment should not be contemplated until the risks are fully considered and understood. Current tax levels and reliefs will depend on your individual circumstances and details are also contained in the Key features (including the KIID and Principal Prospectus). If you are unsure of the suitability of this investment, please contact your Financial Adviser (if applicable). This brochure is issued by Charteris Treasury Portfolio Managers Ltd. The KIID and Prospectus are available from the ACD DMS Host Capital Ltd at www.hostcapital.com or Charteris.

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The value of investments can go down as well as up and you may get back less than you invested. 
We provide information about investments but do not offer personal advice and recommendations. We do not hold responsibility for assessing the suitability of an investment or evaluating the risks of such an investment for you.  If you are in any doubt as to these risks or the suitability of an investment.  Y
ou should seek independent advice.

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