Home |Gold and Metals Unit Trust
The Gold and Metals Unit Trust is designed as an aggressive investment vehicle to provide enhanced returns over the medium to long term. Investors should view this Trust as a higher risk investment suitable for a minimum of 5 years.
The Gold and Metals Unit Trust will invest in a diversified range of gold and metals-based assets. The purpose of the Trust is to give the investor an opportunity to invest in gold and metals commodities and shares. The Manager considers metals-based commodities to be one of the most profitable investment options during the first 20 years of the 21st Century. The Gold and Metals Unit Trust will suit the more speculative investor who wants to profit from bull commodity market cycles.
The Gold and Metals Unit Trust is designed for investors who want their investment to achieve higher rates of compounding growth for medium to long term wealth creation.
All dividends and realized capital gains will be reinvested for maximum compounding growth, after allowing for tax obligations.
2010
Gold and Metal Fund Update for the month of June
Gold and Metal Fund Update for the month of May
Gold and Metal Fund Update for the month of April
Gold and Metal Fund Update for the month of March
Gold and Metal Fund Commentary for the month of March
Gold and Metal Fund Update for the month of February
Gold and Metal Fund Update for the month of January
2009
Gold and Metal Fund Update for the month of December
Gold and Metal Fund Update for the month of November
Gold and Metal Fund Update for the month of October
Gold and Metal Fund Update for the month of September
Gold and Metal Fund Commentary for the month of September
Gold and Metal Fund Update for the month of August
Commentary for the Month of August
The Gold & Metals Unit Trust had some small underlying gains in some of our mining companies, but the rise in the NZ dollar reversed those to the point that we ended up with a 3.2% loss for August. Gold and silver were virtually flat for the month so our only source of profit was from the miners as well as gains [small] from our copper position and [large] from our lead position.
September has been much more exciting for the Gold & Metals fund as both gold and silver have risen to break previous upwards momentum barriers and many of the gold and silver miners have done even better. There is hope that with gold above $1000 an ounce and silver above $16.80 an ounce more investors will get on board, and the hedge funds will be forced to stop driving the price of gold down. If that happens we could see $1250-1500 an ounce within a few months. Keep your fingers crossed.
Gold and Metal Fund Update for the month of July
Gold and Metal Fund Update for the month of April
Gold and Metal Fund Update for the month of March
Gold and Metal Fund Update for the month of February
Gold and Metal Fund Update for the month of January
2008
Gold and Metal Fund Update for the month of December
Gold and Metal Fund Update for the month of November
Gold and Metal Fund Update for the month of October
Gold and Metal Fund Update for the month of September
Gold and Metal Fund Update for the month of August
Gold and Metal Fund Update for the month of July
June was another volatile month though from beginning to end there were not major movements. Our funds all went down slightly although much of that was due to the rising New Zealand dollar during the month.
Quote of the Month
"The great merit of gold is precisely that it is scarce; that its quantity is limited by nature; that it is costly to discover, to mine, and to process; and that it cannot be created by political fiat or caprice."
- Henry Hazlitt