Update on UOB Gold and General Fund
10 largest holdings at 31 December 2006
- GOLDCORP INC – 7.21%
- JSC MMC NORILSK NICKEL – ADR – 4.41%
- CIA VALE DO RIO DOCE – ADR – 4.06%
- ANGLO PLATINUM LIMITED – 3.85%
- ELDORADO GOLD CORPORATION – 3.46%
- JUBILEE MINES NL – 3.41%
- IMPALA PLATINUM HOLDINGS LIMITED – 3.29%
- SINO GOLD LIMITED – 3.16%
- PETER HAMBRO MINING PLC – 2.84%
- NEWCREST MINING LIMITED – 2.75%
The key difference is that Newcrest mining and BHP Bilton and Rio Tinto is not part of its largest holdings. Are they overvalued or can’t they grow their reserves? We need to find out more.
Expense ratios
31 December 2006 1.88%
31 December 2005 1.91%
Turnover ratios
31 December 2006 9.93%
31 December 2005 12.58%
By Geography – Primary (Summary)
Quoted Equities
- Australia – 20.10%
- Brazil – 4.06%
- Canada – 31.10 %
- China – 0.03%
- Russia – 0.85 %
- South Africa – 9.38%
- Thailand – 0.03%
- United Kingdom – 13.85%
- United States – 14.63 %
Related posts:
- UOB Gold and General – An underperforming fund
- What’s Wrong With Gold Stocks?
- George Soros: Distress buying of mining companies
- How Goldman’s contacts have killed firms like Ashanti gold in the past
- Gold,Energy and Commodities sell off
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