A specialist equity unit trust suitable for investors with a very good knowledge of mining (particularly gold) and commodity shares as well as local and international market trends and cycles.
The trust has a well-selected portfolio spread mainly over the mining and resources sectors of the Johannesburg Stock Exchange.
The trust is characterised by high volatility and risk, but also offers high returns under favourable market conditions.
Formation date: March 1969
Number of investors: 12 703 (12/95)
Liquid assets: 5,0%
Mining Houses & holdings 39,9%
Other mining 20,1%
Industrials 17,0%
Gold 14,1%
Other Securities: 3,9%
Number of holdings: 23
Top five holdings: Gencor, Anglos, Sappi, De Beers, GFSA
Income declared: 30 June and 31 December
Income payment: Last Wednesday in July and January
Minimum lump-sum investment: R500
Minimum monthly investment: R50 (Back to Contents...)