Description

The fund aims to provide investors with exposure to the unique investment qualities of gold. To this end, it allocates at least 80% of its net assets (including any borrowed capital for investment) to either physical gold, securities directly linked to gold, or businesses primarily operating within the gold sector. This encompasses financial companies supporting gold mining, as well as mining firms managing operations with long, medium, or short projected lifespans. Notably, this fund does not maintain a diversified portfolio.