Minerals & Financial Investments (MAFL) is an investment company focused on taking a venture-capital style approach to the mining sector.
Led by former top-rated metals and mining industry analyst Jacques Vaillancourt, the company operates an investment trust style structure that provides significant flexibility to take advantage of global trends that are driving demand for mining and energy related commodities.
It targets projects that are close to production and likely to deliver significant cashflows over the long term, as well as running a smaller and nimbler long-short tactical portfolio to generate excess returns from the inherent volatility within the commodities investment complex.
In this interview, investors will hear:
- Why MAFL’s investment trust style structure provides flexibility to outperform other areas of the venture capital industry over both the short and long term
- How MAFL is taking advantage of the withdrawal of institutional money that has traditionally financed mining projects, which has left the sector underfinanced and trading at cyclical lows
- Why uncertainty around the political and inflation outlook has seen the company accumulating gold bullion in its tactical portfolio over the last year, which alongside strategic investments in miners mean precious metals accounts for over half of the portfolio.
- How the energy transition and electrification is informing MAFL’s investment decision making process and why it’s planning to increase its exposure to copper and potentially graphite in the year ahead.
Reasons to add MAFL to your watchlist:
- Experienced management team with a deep understanding of the mining sector and the trends behind it
- MAFL offers discounted exposure to high-quality assets across the mining value chain, including mining-focused technology and consultancy companies that help the industry operate more efficiently and in an ESG-friendly manner
- There are several ‘monetisation’ events in its stated strategy for 2025, giving investors multiple opportunities to receive and redeploy capital int he year ahead
- MAFL shares currently trade at an 40% discount to its MAFL’s high-performing portfolio, which gives investors both a large margin of safety and significant level of upside
Jacques Vaillancourt, president and CEO of Minerals & Financial Investments (MAFL), was interviewed by John Hughman for focusIR.
Mineral & Financial Investments (MAFL)
