onsdag den 13. september 2017

Why this early-stage mining fund has huge upside potential

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DAILY BULLETIN
Wednesday 13 September 2017
This early-stage mining fund has huge upside potential
by Nick Sudbury | Funds | 2 mins. to read
Mining
Commodity-related stocks have had a difficult time of it in recent years with the main sector indices still trading well below their pre financial crisis levels. Funds that specialise in this area can provide a useful source of diversification and protection against inflation. They also offer huge upside potential if you can get the timing right.  

The natural resources sector started to recover at the beginning of 2016, yet despite this the associated investment trusts are mostly still trading on large double digit discounts. For example, BlackRock World Mining (LON:BRWM), which is one of the largest and best known, is available on a 10.5% discount despite returning 38% in the last 12 months.

It is difficult to predict whether the rally in the sector will continue, but if it does one of the biggest beneficiaries would be the Baker Steel Resources Trust (LON:BSRT). This differs to the other investment trusts in the sector as it provides exposure to a concentrated portfolio of natural resource projects via stakes in unlisted companies and specialist listed opportunities.

 
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