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Discover the growth opportunities in natural resources. Our specialized fund gives you the opportunity to diversify your portfolio globally while adding capital appreciation potential and a hedge against inflation. Global ResourcesThe Global Resources Fund invests in natural resources companies that produce the energy and raw materials that are the building blocks of every economy in the world. The fund invests in high-quality companies involved in the mining, processing and transportation of natural resources of any kind. Its globally diversified portfolio includes oil, electric services, base metals, minerals, chemicals, precious metals and more. By investing in the companies and the natural resources sectors with the most favorable profiles, the fund is well diversified against a downturn in any one product. With its global focus, the fund stands to benefit from economic growth throughout the world, while eliminating the risks of investing in a single country or industrial sector.
Diversification does not protect an investor from market risks and does not assure a profit.
There are a number of factors driving the gains in world commodities and materials prices, but no factor is greater than the demand from China. |
The China Factor There are a number of factors driving the gains in world commodities and materials prices, but no factor is greater than the demand from China. Asia’s most populous country accounts for a rising percentage of worldwide demand in all commodities. To meet its growing consumer and industrial demand, China imports large quantities of gold, platinum, nickel, silver, oil, copper and iron ore. China’s consumption of industrial raw materials continues to grow as a percentage of world demand. Higher relative GDP and industrial production growth in China are critical factors. China’s demand for iron ore and nickel has been largely driven by the country’s need for large amounts of steel in constructing additional infrastructure to meet the needs of its people. Copper is also imported to fulfill the country’s needs for construction pipe and wiring. China’s demand for precious metals continues to gain momentum with the opening of its gold market to retail investors. China’s culture has an acute affinity for secular and religious precious metal jewelry, which, when combined with increasing per capita consumption, will be a powerful engine for growth. The Chinese are demanding more gold and silver than ever. They also account for more than 50 percent of platinum demand worldwide.
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not part of prospectus
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