GOLD & DISCOVERY FUND by Willem Middelkoop includes uranium, coal, diamonds and rare earth metals – markets which generate large shareholder value
GOLD & DISCOVERY FUND (A unique discovery-investing fund)The Gold&Discovery Fund is one of the best performing investment funds in The Netherlands. In both 2009 and 2011, a net return of 72% was achieved (after deduction of the performance fee). This fund is the only fund in the world that focusses on value creation through new discoveries of natural resources (Discovery Investing).
It invests two-thirds of its capital in Canadian listed resource companies. 80% of these companies actively explore for, and mine, either gold or silver. The Gold&Discovery Fund is the only investment fund in the world that focuses primarily on discoveries in the resource sector. This discovery focus does not stop at gold or silver, but also includes uranium, coal, diamonds and rare earth metals – markets which generate large shareholder value. Timely investments in exploration companies with a significant discovery can turn out to be very profitable.
The fund has over 500, mainly European, participants who have invested together around $100 million. The fund is still open for overseas investors.
