6zeros Gold investments29 Jan 2019 11:10
They also hold one Gold producer, and a Gold Expo. MAFL also have a position on Gold, and precious Metals.
ETF Portfolio
Gold ETF
During the past 12 months the Company's gold ETF value, despite the correction in the waning months of the period ending June 30, 2018, is still up 15.6% from our purchase price. The position has been an excellent hedge against the weakening of the British Pound, our reporting currency. The issue of Brexit, which most, including ourselves, would have expected to be more advanced in defining its path towards a resolution looks as uncertain as it did 2 years ago. A physical gold position is a core holding in our portfolio. We believe gold to be undervalued at current prices and are considering adding to our position during the price weakness of this summer.