Natural Resources Fund

wombat42_2

mr_fishbulb wrote: »

Hi Wombat. I know you've had a big interest in the commodity related funds. Where do you do all your research?

Do you spend much time looking at funds in other areas, or is this where you concentrate your efforts?

Hope you don't mind me asking, but I want to beef up my knowledge this sort of stuff.

I have loads of Google alerts for the funds mentioned so i pick up any latest info. Incidentally, thats how I found this thread. I also have Google Alerts on gurus Peter Schiff, Hugh Hendry, Jim Rogers, peak oil, gold $2000. I also look at www.bloomberg.com a lot - especially the videos - you get the latest opinion on a daily basis. I also find Yahoo finance useful.

incidentally i wouldnt necessarily ditch your JM Finn fund - it should do well long term together with commodites.

wombat42_2

Hatone wrote: »

I reckon commodities will do well when the market recovers, and increased demand for metal, food and oil will push up the value of commodity prices. Though I can't forsee this happening for at least 6 months, providing the uptrend stabilities.

Yep probably no fireworks until next year, It is a long term play.

wombat42_2

Just to add for Mr Fishbulb - all my equity investments are in commodities. I am also in specialist Agri funds like Eclectica Agriculture. I am also eyeing up suitable safe funds to move to once I make megabucks from commodity funds (I hope) and am currently quite keen on L&G Diversified Absolute Return fund as an unadventurous fund that should hopefully at least do a little better than cash.
http://www.h-l.co.uk/funds/security_details/sedol/B3DPCY0

mr_fishbulb

wombat42 wrote: »

incidentally i wouldnt necessarily ditch your JM Finn fund - it should do well long term together with commodites.

I'm hoping that too I continue to drip-fee into it.

thrupence

mopat wrote: »

Can anyone suggest a decent Natural Resources Fund; had a quick scout around and it appears JPM, Blackrock and Investec all have similar.

Will obviously do my own research into them, but wondering if anyone has any views on the respective fund managers or providers.

Looking to add this sector to my S&S ISA for this tax year.

I think this one is quite good. Performed very well during the last spike and is on the up again. Good manager and great company.

http://www.h-l.co.uk/funds/security_details/sedol/3373787

and relatively cheap on the management costs too...

sabretoothtigger

Wombat, schiff can be a bit one sided so listen to marc faber as well

I think commodities is play on recovery and that they'll do better then companies.
A pacific fund will have BHP as its biggest share I think and you can get trackers for that with very low charges

Doesnt trustnet rank all these commodity funds into a sector for quick comparison ?

wombat42_2

sabretoothtigger wrote: »

Wombat, schiff can be a bit one sided so listen to marc faber as well

I think commodities is play on recovery and that they'll do better then companies.
A pacific fund will have BHP as its biggest share I think and you can get trackers for that with very low charges

Doesnt trustnet rank all these commodity funds into a sector for quick comparison ?

Yes trustnet is a versatile comparison tool. Yes i do catch Marc Faber, Denis Gartman etc etc - they frequently have videos on Boomberg. I find Schiff particularly interesting - although i dont blindly accept what he says but he is in tune with the Austrian school of economics and Jim Rogers. Schiff these days also does video blogs almost daily from his hotel room. I catch Schiff and others using Google alerts.

sabretoothtigger

Yea schiff is more a broadcaster then a broker :laugh: I watch his blogs too because of his discussion of debt writeoffs on a personal level with his talk show callers, its something different.
He doesnt really account for bear rallys or the positives even short term that occur when government spends 1 trn in the 'free' market

Buffet was the first guy to reference very profitable spreads being made by banks last november, cant remember any other commentater giving possible positives like that.
Meredith Whitney comments on just finance stocks but maybe thats relevant to gold

Gold is in an inverse head and shoulders pattern?