Going for gold: Finding the glitter amongst the gloom.
Extreme volatility has seen ASX listed gold stocks rally by nearly 40% over the last 12 months and, with the full economic impacts of COVID-19 starting to be felt many investors are looking at ways to increase their exposure to the precious metal.
But, which of the wide array of physical, ETF and large / small cap stocks available to investors is the best path to take? How much gold is enough and what sort of due diligence should an investor undertake in order to fully understand the risks and opportunities on offer in the gold sector?
To that end, myself and Rob Hay (Head of Distribution and Investor Relations) recently hosted an educational webinar outlining Collins St Asset Management’s views on the outlook for gold as well as some deep dive due diligence on two of their preferred ASX listed stock picks in this sector.
A recorded copy of the webinar can be accessed here:
ASX listed gold stocks account for approximately 10% of the Collins St Value Fund, with exposure being gained via a combination of on-market transactions and off-market convertible funding facility investments that were negotiated and executed directly with company management.
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Michael is the MD and one of the founding partners of the Collins St Value Fund. The Collins St Value Fund is one of the best performing Funds in Australia - having ranked among the top 10 performing funds across all Australian Equity mandates by...