The GuardBank Resources Fund is a "specialist equity fund" launched in 1987. The funds equity portfolio is comprised mainly of mining shares as well as mining finance and natural resources in general.
Financial and industrial shares are excluded from the portfolio. Consequently it appeals to the investor whose personal view is that natural resource sectors will grow faster than the stock market in general.
The Resources Fund aims to provide growth, income and stability for the investor who has selected this specific investment route.
Income is declared half-yearly - at the end of June and at the end of December.
It�s easy to invest! Investors can invest in the Resources Fund by means of a monthly debit order or a lump sum investment or both. Just R500 is required if you are investing a lump sum or only R100 if you are investing monthly.
Payment for lump sum investments into the Resources Fund can be made by:
The investor pays for the value of the underlying investments as determined on the Johannesburg Stock Exchange on the day the investment is made PLUS some charges: