The shine could come off gold
I believe the gold sector is currently vulnerable to a pull back. The XGD gold index rallied 31.76% in the month of February leaving this sector exposed. The main driver of gold pricing has been volatility in capital markets and we believe this situation will start to stabilize towards the end of the year.
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Wilson Asset Management has a track record of making a difference for shareholders and the community for 27 years and is the investment manager for nine LICs and two unlisted funds. Wilson Asset Management invests over $6 billion on behalf of more than 130,000 retail investors. Wilson Asset Management created and is the lead supporter of the Future Generation companies, the first LICs to deliver both investment and social returns.
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