Affinity Consulting Group

Investments

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Affinity Consulting Group  

  FPIL Merrill Lynch World Gold Fund

A medium-high risk fund that specialises in investing in gold shares and is an ideal choice for investors who wish to diversify their portfolio.

The custodian of this fund is Friends Provident International Ltd in the Isle of Man and forms part of their mirror fund range. (What are mirror funds?) (mirror fund range) Therefore it is only available through one of the Friends Provident products. The fund is managed entirely by BlackRock Merrill Lynch.

Objective:

The Fund seeks to maximise capital growth expressed in US dollars through investing primarily in gold mining shares throughout the world. It may also hold other precious-metal shares, base-metal shares and other mining related shares. Investors should be aware of the above-average volatility of such investments. Currency is normally left unhedged.

Strategy:

BlackRock Merrill Lynch Investment Managers has arguably the strongest natural resources team in the industry - one of the most highly rated in the field. Formed in the early 1990s, three of the five fund managers are geologists. All the mining funds managed by the team have achieved the maximum AAA Fund Management rating from independent fund analysts, Standard & Poor’s. No other gold-related mutual funds carry a rating of this quality.

Other Details:

Currency: 

USD

Dealing: 

Daily  :   Latest fund prices

Established: 

1998

This fund will be subject to volatility and may go down in value as well as increase. This risk is reduced the longer the investment is held. Past performance is no guarantee of future performance.