Aureus Fund Plc Factsheet
Comment of the Day

February 17 2020

Commentary by Eoin Treacy

Aureus Fund Plc Factsheet

Thanks to a subscriber for this factsheet which may be of interest.

The Aureus Fund (Ireland) plc. is an accumulating fund under Irish Law. The physical allocated gold investment will at all times between 51% and 60% of the Net Assets. Although the focus is on Gold, the Aureus Fund aims to invest in physical precious metals (Silver, Platinum and Palladium) to diversify risk. As an ancillary investment policy the investment manager has the option to invest in gold derivates for hedging and gold mining funds.

Eoin Treacy's view

This fund popped up in a search I performed on Bloomberg of gold mining funds but it carried no additional details of holdings. My supposition on Friday that it is heavily weighted in platinum miners was incorrect and I am thankful to a subscriber for clearing up this misunderstanding. Instead, it has a heavy weighting in palladium; directly through its physical holdings. That has helped to supplement returns over and above the price if gold in Euro.

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