Email of the day (2)
Comment of the Day

February 17 2011

Commentary by David Fuller

Email of the day (2)

On a uranium fund:
"For the collective, here is a link to a Uranium Focused Energy Mutual Fund that trades on the Toronto Stock Exchange."

David Fuller's view Thank you so much for this information, contributed in the spirit of Empowerment Through Knowledge.

Managed by Middlefield Energy, the Uranium Focused Energy Fund (UF-U CN) (weekly & daily) is worthy of consideration and subscribers will find plenty of information on the link above, including a prospectus. The fees are moderate and the fund is bigger than others mentioned recently at C$79m, according to this Description page from Bloomberg. Here are the first 18 positions by percentage of capitalisation, the second 18, and the remainder.

I will certainly consider buying this fund, although I would rather do so on a pullback. However, I do not know whether that will occur sooner or later.


Investing in a nuclear age - The second of my three interviews on this subject conducted by Proactive Investors can be found in the 'Presentations' section listed in the menu shown upper-left.

Incidentally, the Uranium Focused Energy Fund discussed in Email 2 above is currently a more liquid candidate than the Global Uranium Fund mentioned by me in the interview.

My third and final interview in the uranium series was recorded today and will be available next week.

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