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Golden Prospect Precious Metals Ltd (GPM) Ord Gbp0.001

Sell:19.20p Buy:19.60p 0 Change: 0.1p (0.51%)
Market closed Prices as at close on 22 May 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:19.20p
Buy:19.60p
Change: 0.1p (0.51%)
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
Market closed Prices as at close on 22 May 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:19.20p
Buy:19.60p
Change: 0.1p (0.51%)
Market closed Prices as at close on 22 May 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

The Company aims to generate above average returns for Shareholders primarily through the capital appreciation of its investments. The Directors believe that such returns can be obtained by investing in a selective portfolio of securities and other instruments in the precious metals sector. The Company will target equity investments in precious metals, including gold, silver, platinum, palladium and in diamonds.
Security Weight
Klondex Mines Ltd 9.94%
Mandalay Resources Corporation 5.94%
Westgold Resources Ltd 5.35%
Independence Group NL 5.00%
Fortuna Silver Mines Inc 4.87%
Guyana Goldfields Inc 4.81%
West African Resources Ltd 4.52%
Continental Gold Inc 4.50%
Tahoe Resources, Inc. 4.37%
Industrias Peñoles SAB de CV 4.22%
Sector Weight
Basic Materials 88.58%
Country Weight
Canada 46.28%
Australia 22.32%
United States 9.94%
Mexico 5.68%
Peru 4.37%

Fee Structure

Management fee is 1.25% p.a. of NAV. Performance fee is 20% p.a. of the increase in the NAV of Company on the last trading day of each calendar year, above an annual hurdle growth of 8% and subject to a high water mark. Contract terminable on notice period of 12 months.

Dividend Policy

The Company does not expect to distribute any income or gains from the investments of Company.

ASSET SPLIT

Total number of holdings: 46.

Trust Manager

Keith Watson

Manager Bio

Not currently available for this investment trust.

Board Of Directors

Malcolm Burne Chairman, Graeme Ross, Robert King, Toby Birch

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.