
When Investing In Resources, Patience Is Key
JT Long of Streetwise’s The Energy Report talks with Frank Holmes and portfolio manager Brian Hicks about what they think investors can do to end 2015 with a strong resources portfolio.
JT Long of Streetwise’s The Energy Report talks with Frank Holmes and portfolio manager Brian Hicks about what they think investors can do to end 2015 with a strong resources portfolio. They both agree that the key word here is patience. Frank says this could be the “best of times” for those who are willing to take a long-term view in resource investing.
Brian shares some of his favorite junior names and Frank details what economic indicators he pays close attention to. Read the entire interview here.
Click here to read the interview.
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 specific industries, the fund may be subject to greater risks and fluctuations than a portfolio representing a broader range of industries.
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 09/30/2015: BG Group Plc 0.00%, BNK Petroleum 0.72%, Callon Petroleum Co 0.87%, First Quantum Minerals Ltd 0.36%, Franco-Nevada Corp 0.43%, Nevsun Resources Ltd 1.14%, Parsley Energy Inc. 1.33%, Royal Dutch Shell 0.00%, Synergy Resources Corp 0.14%.
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. This news release may include certain “forward-looking statements” including statements relating to revenues, expenses, and expectations regarding market conditions. These statements involve certain risks and uncertainties. There can be no assurance that such statements will prove accurate and actual results and future events could differ materially from those anticipated in such statements.
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.
The Purchasing Manager’s Index is an indicator of the economic health of the manufacturing sector. The PMI index is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment.