Opportunities Developing in the Oil Market

Author: Frank Holmes
Date Posted: May 28, 2015 Read time: 2 min


JT Long of Streetwise’s The Energy Report talks with portfolio manager Brian Hicks about what opportunities he sees developing in different areas of the oil market, despite the ups and downs we’ve witnessed in resources.

Brian shares some of his favorite junior names and details his strategy for the Global Resources Fund (PSPFX) this year, which includes mitigating volatility through diversification.

 

 Click here to read the full interview.

 

Did you know each week Brian Hicks and the other portfolio managers at U.S. Global help write our award-winning Investor Alert newsletter? Get insights straight from the experts and sign up for free today!

There's a Reason the Investor Alert is an Award Winner!

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.

Past performance does not guarantee future results.

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 specific industries, the fund may be subject to greater risks and fluctuations than a portfolio representing a broader range of industries.

There is no guarantee that the issuers of any securities will declare dividends in the future or that, if declared, will remain at current levels or increase over time.

Fund portfolios are actively managed, and holdings may change daily. Holdings are reported as of the most recent quarter-end. Holdings in the Global Resources Fund as a percentage of net assets as of 03/31/2015: Beaumont Energy 0.00%, BG Group 0.00%, BNK Petroleum 0.77%, Exxon Mobil Corp 3.13%, Legacy Oil & Gas Inc. 0.00%, Noble Energy 0.00%, Patterson-UTI Energy Corp 0.00%, RMP Energy 0.00%, Rosetta Resources 0.00%, Royal Dutch Shell PLC 2.97%, Whitecap Resources Inc. 0.99%.

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(s) above, you will be directed to a third-party website(s). U.S. Global Investors does not endorse all information supplied by this/these website(s) and is not responsible for its/their content.