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FAO Deemy - Inv. Trust Query......

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Deemy

You are a hard person to contact - unable to PM you due to your profile settings. Anyway, as you are a big fan of IT's I thought I would ask your opinion.

Have made the decision to move my long-term UT / OIEC investments into comparable IT's. Principle reason behind this is for ease of trading into / out of. Like you I feel there are probably corrections on the horizon so want to know I have the ability to easily trade.

Back to my question, are you aware of any IT's that are focussed on commodities/resources? I have investments with JPMF Resources and Merrill Lynch Gold. Unfortunately TrustNet (or rather the AITC) do not have a category for these resources.

So, do you have any thoughts. You can PM me if you have any views icon12.gif

Thanks cloud_dog
Personal Responsibility - Sad but True :D

Sometimes.... I am like a dog with a bone

Comments

  • cheerfulcat
    cheerfulcat Posts: 3,400 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Hi, cloud_dog

    You can search for specific sector trusts on the AITC site. There are two resources based ITs.
  • micheleen
    micheleen Posts: 1,635 Forumite
    1,000 Posts Combo Breaker
    One that I know of is Merryl Lynch World Mining, there may be others
    :j The £2 CSC = £48 in carton
    £100 banked Mar 06
    V-Free : 4 weeks :)
  • cloud_dog
    cloud_dog Posts: 6,321 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Thanks for the posts guys. I stand corrected. Stupidly I left the TrustNet criteria as "TrustNet Sectors", changing it to "AITC Sectors" does show "Mining and Natural Resources" - doh.

    cloud_dog
    Personal Responsibility - Sad but True :D

    Sometimes.... I am like a dog with a bone
  • Deemy
    Deemy Posts: 3,683 Forumite
    Yep invested in the Merrill lynch world mining, and Barings Emerging Europe.. since that is MOSTLY - 50% invested in Russia and there more so in its resources.

    Another three good trusts that I'm still invested in were posted way back in Jan 05, and JP Morgan Russian

    I have my eye on a few other trusts which are related to resources due to the make up the countries concerned.

    CANADIAN GENERAL
    New Energy Technology investment trust i
    STOCK CONV TST - Austrailia

    Best copy quick before it gets edited out ! :D
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