Gold Equity Fund Analysis

Portfolio Holdings in the World's 10 Largest Gold Equity Funds

October 31, 2022 3:59 PM EDT | Source: Mineral Fund Advisory PTY Ltd.

Toronto, Ontario--(Newsfile Corp. - October 31, 2022) - A Copy of the Full Report is Available at the Link Below:

https://mailchi.mp/mineralfunds/gold-equity-fund-analysis

The world's 10 largest Gold Equity Funds as measured by AUM (Assets Under Management).

World's 10 largest Gold Equity Funds (ranked by AUM)Feesccy.Date$ USD Valuation%Domicile
       
BlackRock Global Funds World Gold FundFeesUSD28.Feb.22$5,275,073,582 34.20%Luxembourg
First Eagle Gold FundFeesUSD31.Aug.22$1,793,322,598 11.60%USA
Invesco Gold and Special Minerals FundFeesUSD31.Jul.22$1,771,303,681 11.50%USA
BlackRock Gold & General FundFeesGBP38.Feb.22$1,373,088,600 8.90%UK
Fidelity® Select Gold PortfolioFeesUSD31.Aug.22$1,189,136,589 7.70%USA
LF Ruffer Gold FundFeesGBP15.Mar.22$1,009,201,050 6.50%UK
Franklin Gold and Precious Metals FundFeesUSD30.Sep.22$840,108,903 5.40%USA
Jupiter Gold & Silver FundFeesUSD30.Jun.22$797,491,967 5.20%Ireland
Konwave Gold Equity FundFeesUSD31.Dec.21$691,442,574 4.50%Luxembourg
Sprott Gold Equity FundFeesUSD30.Jun.22$689,328,973 4.50%USA
$15,429,498,517 100.00%

 

  • The 10 largest Gold Equity Funds (by AUM) have combined assets of $ 15.4 Billion USD
  • 8 of the world's 10 largest Gold Equity Funds are denominated in US dollars, 2 in British Pounds
  • 5 of the 10 Funds are domiciled in the USA, 2 in the UK, 2 in Luxembourg and 1 in Ireland
  • None of the world's 10 largest Gold Equity Funds are domiciled in Canada or Australia
  • The world's largest Gold Equity Fund (BlackRock Global Funds World Gold Fund) is domiciled in Luxembourg

Jurisdiction of equity investments for the world's 10 largest Gold Equity Funds.

CanadaAustraliaUSAS. AfricaUKRussiaChinaIrelandMexicoCash & Metal
            
BlackRock Global Funds World Gold Fund54.40%11.10%9.90%9.10%9.30%2.80%1.90%1.40%
First Eagle Gold Fund54.00%4.30%4.30%1.90%0.60%34.90%
Invesco Gold and Special Minerals Fund55.20%26.40%10.60%2.80%0.20%4.40%0.50%
BlackRock Gold & General Fund54.30%11.20%8.20%8.80%7.40%5.10%0.60%4.30%
Fidelity® Select Gold Portfolio68.90%5.30%18.40%2.80%3.80%0.90%
LF Ruffer Gold Fund41.70%26.50%8.90%7.60%0.10%15.30%
Franklin Gold and Precious Metals Fund62.90%21.40%3.60%8.40%1.80%1.90%
Jupiter Gold & Silver Fund53.40%19.70%2.40%24.50%
Konwave Gold Equity Fund62.30%13.40%3.30%9.10%6.70%2.20%3.10%
Sprott Gold Equity Fund58.00%10.10%5.90%5.70%3.20%17.10%
Weighted Avg.55.60%13.70%8.40%5.60%5.30%1.50%0.80%0.80%0.10%8.20%100%

 

  • Canada is the leading investment jurisdiction receiving 55.6% of Gold Equity Fund investment dollars
  • Australia receives the second highest portion of investment dollars (13.7% of investments)
  • Canadian and Australian listed markets combined represent 69.3% of assets of the 10 largest Gold Equity Funds

Conclusions

  • If the pending BRICS currency re-alignment is supported by gold reserves, the most expeditious path to securing gold and silver ounces in the ground will be through Canadian and Australian capital markets and listed companies
  • Substantive GDP and high savings countries: Japan, South Korea, India, China, Saudi Arabia and MEA do not have extensive participation in Gold Equity Fund platforms
  • Gold Equity Fund platforms provide investors with more ounces (in the ground) per dollar invested than Bullion or ETF holdings. These ounces in the ground take the form of calculated resources and reserves
  • Asset preservation strategies are most effective if implemented in advance of adverse market events

Christopher Berlet BSc, CFA

A complete list of Precious Metal Managed Funds and their respective portfolio holdings can be found at:

https://mineralfunds.com/gold-funds/

For further information please contact:
(416) 525 - 6869
manager@mineralprices.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/142515

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