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Baker Steel Gold SLT0006AU Strategy

This is a professionally managed specialist investment fund which principally invests into the BAKERSTEEL Global Funds SICAV – Precious Metals Fund. Actively managed by Baker Steel, the Precious Metals Fund is a long only gold and precious metals fund with a portfolio of globally listed gold and precious metals equities, with a small to mid-cap focus. The core of the strategy is to invest in good value precious metal equities using a bottom-up approach. The Precious Metals Fund is diversified by country.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.

Funds News & Analysis

funds

Why LICs may be close to bottoming

Investor disgust, consolidation, de-listings, price discounts, activist investors entering - it’s what typically happens at business cycle troughs, and it’s happening to LICs now. That may present a potential opportunity.
funds

How to tell if a fund or ETF will likely underperform

The funds that have been rated negative by our analysts have characteristics in common
funds

Listed Investment Companies monthly performance: February 2024

The Morningstar LIC monthly report provides a snapshot of ASX-listed LICs, and whether they are trading at a premium or a discount to their net tangible assets (NTA).

Markets

Index
Last price
Change
% Change
All Ordinaries 7,907.90 46.90 0.60%
CAC 40 7,981.51 48.90 0.62%
DAX 40 17,770.02 3.79 0.02%
Dow JONES (US) 37,753.31 45.66 -0.12%
FTSE 100 7,847.99 27.63 0.35%
HKSE 16,469.29 217.45 1.34%
NASDAQ 15,683.37 181.88 -1.15%
Nikkei 225 38,165.16 203.36 0.54%
NZX 50 Index 11,795.99 79.36 -0.67%
S&P 500 5,022.21 29.20 -0.58%
S&P/ASX 200 7,651.20 45.60 0.60%
SSE Composite Index 3,088.33 16.94 0.55%

Market Movers

Name
Last price
Change
% Change
Sayona Mining Ltd SYA 0.03 0.00 -4.29%
Myer Holdings Ltd MYR 0.72 0.01 1.41%
Telstra Group Ltd TLS 3.67 0.01 -0.27%
The Star Entertainment Group Ltd SGR 0.42 0.01 1.81%
Pantoro Ltd PNR 0.08 0.00 3.05%
Renascor Resources Ltd RNU 0.11 0.00 2.38%
Zip Co Ltd ZIP 1.17 0.01 -0.43%
Imugene Ltd IMU 0.08 0.00 0.00%
Evolution Mining Ltd EVN 3.99 0.18 -4.21%
Pilbara Minerals Ltd PLS 3.90 0.06 1.56%