Diversification is Key to Resources, Say Frank Holmes and Brian Hicks
There are many exciting opportunities in the natural resources area today, including shale natural gas, master limited partnerships and agriculture and food. But when it comes to profiting from these areas, diversification is key, explain Frank Holmes and Brian Hicks in an interview with JT Long from The Energy Report. Brian provides details, saying,
“This is an unprecedented time with respect to macro policy, considering the economic conditions in Europe, the expansion of the money supply in the developing world and central banks increasing their balance sheets. There are lots of crosscurrents. We have chosen to negotiate those crosscurrents by being diversified. Our resources fund is balanced across the spectrum of natural resources.”
- Read the interview to see his areas of interest today and some stock examples from the Global Resources Fund (PSPFX).
- See the 10 industries that make up a multi-faceted approach to natural resources.
- Find out why Frank Holmes believes you should be adding commodities today.
Please consider carefully a fund’s investment objectives, risks, charges and expenses. For this and other important information, obtain a fund prospectus by visiting www.usfunds.com or by calling 1-800-US-FUNDS (1-800-873-8637). Read it carefully before investing. Distributed by U.S. Global Brokerage, Inc.
Foreign and emerging market investing involves special risks such as currency fluctuation and less public disclosure, as well as economic and political risk. Because the Global Resources Fund concentrates its investments in a specific industry, the fund may be subject to greater risks and fluctuations than a portfolio representing a broader range of industries.
Holdings in the Global Resources Fund as a percentage of net assets as of 3/31/13: HollyFrontier Corp. 1.77%; Marathon Petroleum Corp. 2.06%; Pioneer Natural Resources 1.40%; Hornbeck Offshore Services 2.36%; Kinder Morgan Energy Partners 2.43%; Plains All American Pipeline 0.00%; Enterprise Products Partners 2.45%; Williams Partners 2.25%; Tyson Foods 2.38%; Smithfield Foods 2.12%; PotashCorp 0.00%; CF Industries Holdings 1.11%; The Mosaic Co. 1.83%.
All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. By clicking the link above, you will be directed to a third-party website. U.S. Global Investors does not endorse all information supplied by this website and is not responsible for its content. Diversification does not protect an investor from market risks and does not assure a profit.