(Back to Contents...)
Date of inception: October 1969
This specialised unit trust provides investors with an actively managed portfolio of shares in the mining and resource sectors.
(Back to Contents...)
The portfolio will comprise shares in companies active in mining, mineral, energy, chemical, forestry, agriculture and other natural resource sectors. Liquidity will normally range between 5% and 30%, although it may be higher at times.
(Back to Contents...)
To achieve an above average performance, relative to comparable unit trusts in this sector.
(Back to Contents...)
Annualised returns for period ended December 1995:
1 yr -10.61% 10 yrs 14.10%
3 yrs 18.46% 15 yrs 16.30%
5 yrs 12.30% 20 yrs 19.68%
7yrs 13.37% 25 yrs 17.81%
(Back to Contents...)
STEPHEN ARTHUR (BSc Mining)
Stephen has 7 years experience in the financial markets. After National Service, he began his career with Amcoal as a mining engineering graduate. In 1988 he joined Genbel as a mining analyst. In 1989 he joined a stockbroking firm, Anderson Wilson and then spent 18 months in the US working as a metals commodity consultant in Philadelphia. He joined UAL in 1992.
Stephen is married with 2 children.
His interests include reading, hiking, hunting and squash.
(Back to Contents...)