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Gold Fund Holdings Update – September 2022 and Attribution Analysis

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Toronto, Ontario–(Newsfile Corp. – October 14, 2022) – This report details the most recent portfolio holdings for Precious Metal Managed Funds and summarizes changes in portfolio holdings.

A Copy of the Full Report is Available to Read by Following the Link Below: 
https://mineralfunds/portfolio-holdings-update-september-2022

Gold & Precious Metal Funds included in this report:

Domicile Fund Name Fund Fees Holdings Report
Funds Reporting Monthly
USA Fidelity Select Gold Fund Summary Jul, 2022
USA Franklin Gold & Precious Metals Fund (USA) Summary Aug, 2022
Luxembourg Franklin Gold and Precious Metals Fund (Lux) Summary Aug, 2022
USA VanEck International Investors Gold Fund Summary Aug, 2022
USA VanEck VIP Global Gold Fund Summary Aug, 2022
      
Funds Reporting Quarterly
USA Sprott Gold Equity Fund Summary Jun, 2022
USA Rydex Precious Metals Fund Summary Jun, 2022
      
Funds Reporting Annually / Semi Annually
Canada RBC Global Precious Metals Fund Summary Jun, 2022
Canada Ninepoint Gold & Precious Minerals Fund Summary Jun, 2022
Canada TD Precious Metals Fund Summary Jun, 2022
Canada CIBC Precious Metals Fund Summary Jun, 2022
Canada NBI Precious Metals Fund Summary Jun, 2022
Luxembourg BAKERSTEEL Precious Metals Fund Summary Jun, 2022
Luxembourg CPR Invest – Global Gold Mines Summary Jun, 2022
Luxembourg STABILITAS Pacific Gold+Metals Summary Jun, 2022
Luxembourg Stabilitas Gold+Resourcen Special Situations Summary Jun, 2022
Luxembourg DJE Gold & Ressourcen Summary Jun, 2022
Luxembourg iW Precious Metal Mining Equities Fund Summary Jun, 2022
Luxembourg Landolt Investment (Lux) SICAV – Gold Summary Jun, 2022
Luxembourg Crossinvest Metals and Mining Equity Summary Jun, 2022
France Rothschild & Co. Thematic Gold Mines Summary Jun, 2022
France Crédit Mutuel CIC Global Gold Summary Mar, 2022
France Ixios Gold Fund Summary Jun, 2022
Bermuda Jupiter Gold & Silver Fund Summary Jun, 2022
Switzerland AMG Gold, Minen und Metalle Summary Jun, 2022
Switzerland Precious Capital Global Mining and Metals Fund Summary Jun, 2022
Switzerland Sprott-Alpina Gold Equity Fund Summary Jun, 2022
Liechtenstein Craton Capital Precious Metal Fund Summary Jun, 2022
Liechtenstein Premium Gold and Metal Open Fund Summary Jun, 2022
Singapore DWS Noor Precious Metal Securities Fund Summary Jun, 2022
Finland Zenito Silver and Gold Fund Summary Jun, 2022
Sweden AuAg Precious Green Summary Jun, 2022
Germany Value Intelligence Gold Company Fonds Summary Jun, 2022

 

A portfolio holding ‘attribution analysis‘ is undertaken on the portfolios of gold funds that report asset allocations monthly, and on any fund with assets in excess of $1 Billion USD reporting during the period.

The analysis includes a list of companies which are new to a portfolio in the period ‘New Company Holdings’, and companies which have been eliminated from a portfolio during the period ‘Companies Divested’. ‘Increasing Shareholding’ and ‘Decreasing Shareholding’ fields identify companies to which a fund is either increasing or, alternatively, decreasing exposure.

FUNDS REPORTING MONTHLY

Fidelity Select Gold Fund

31.Jul.2022 $1,325 M USD  
 
New Company Holdings Companies Divested  
None None  
 
Largest Position:  
Newmont Corp. (NYSE: NEM) 12.4%  
 

 

Franklin Gold & Precious Metals Fund (USA)    Franklin Gold and Precious Metals Fund (Lux)
31.Aug.2022   $903 M USD   31.Aug.2022   $352 M USD
            
New Company Holdings   Companies Divested   New Company Holdings   Companies Divested
Moneta Gold Inc.   Gold Standard Ventures Corp.   Moneta Gold Inc.   Gold Standard Ventures Corp.
            
Largest Position:     Largest Position:  
Endeavor Mining (TSX: EDV)   5.3%   Endeavor Mining (TSX: EDV)   5.7%
             
Increasing Shareholding   Decreasing Shareholding   Increasing Shareholding   Decreasing Shareholding
Orla Mining Ltd.   Eastern Platinum Ltd.   Integra Resources Corp.   Gascoyne Resources Ltd.
O3 Mining Inc.   Gascoyne Resources Ltd.   Matador Mining Ltd.   Perseus Mining Ltd.
  Perseus Mining Ltd.   Orla Mining Ltd.  

 

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VanEck International Investors Gold Fund   VanEck VIP Global Gold Fund
31.Aug.2022   $611 M USD   31.Aug.2022   $39 M USD
     
New Company Holdings   Companies Divested   New Company Holdings   Companies Divested
None   None   None   None
     
Largest Position:     Largest Position:  
Franco-Nevada Crp. (TSX: FNV)   9.5%   Franco-Nevada Crp. (TSX: FNV)   9.2%
     
Increasing Shareholding   Decreasing Shareholding   Increasing Shareholding   Decreasing Shareholding
None   BonTerra Resources Inc.   None   BonTerra Resources Inc.
  Nighthawk Gold Corp.     Nighthawk Gold Corp.
  Wallbridge Mining Co. Ltd.     Wallbridge Mining Co. Ltd.
  Perpetua Resources Corp.     Perpetua Resources Corp.
      Franco-Nevada Corporation
      Agnico Eagle Mines Limited
      Endeavour Mining PLC
      Barrick Gold Corporation
      Newmont Corporation
      Wheaton Precious Metals Corp
      B2Gold Corp.
      Kinross Gold Corporation
      Yamana Gold Inc.
      Northern Star Resources Ltd
      Alamos Gold Inc.
      SSR Mining Inc.
      Royal Gold Inc.
      Evolution Mining Ltd.
      Osisko Gold Royalties Ltd.
      Eldorado Gold Corporation
      Equinox Gold Corp.

 

FUNDS REPORTING MONTHLY      ATTRIBUTION ANALYSIS

AUM in all monthly reporting gold funds decreased through July and August respectively.

Fidelity Select Gold Fund
AUM for Fidelity Gold Fund decreased in July from $1,380 M USD to $1,325 M USD (-4.0%).

A significant decrease in value for the Fund’s largest holding Newmont Corporation (NYSE: NEM) (-26.5% on the month) which began the month $61.17 USD and closed the month at $44.94 USD contributed to a relative decrease in the largest holding from 15.0% to 12.4%. The Fund did not take on any new names and did not complete full liquidation of any existing positions during the month.

Franklin Gold & Precious Metals Fund (USA)
AUM for Franklin Gold and Precious Metals Fund (USA) decreased in August from $986 M USD to $903 M USD (-8.4%).

The Fund took up a new position in Moneta Gold Inc. (TSX: ME). During the month Moneta Gold reported high-grade intercepts at the Tower Gold Project near Timmins, Ontario. Subsequent to month end Moneta reported a positive PEA and an updated NI 43-101 report for the Tower Gold Project in Ontario. The Fund increased positioning in junior producer Orla Mining Ltd. (TSX: OLA) which closed on the acquisition of Gold Standard Ventures Corp. (NYSE: GSV) on August 12th. The Fund also increased positioning in Osisko Group company O3 Mining Inc. (TSXV: OIII).

The Fund reduced holdings in: Eastern Platinum Ltd. (TSX: ELR), Gascoyne Resources Ltd. (ASX: GYC) and Perseus Mining Ltd. (TSX: PRU). On September 23rd, subsequent to month end, Eastern Platinum Ltd. announced a financing facility with Investec Bank Ltd.

Franklin Gold and Precious Metals Fund (Lux) increased exposure to Integra Resources Corp. (CVE: ITR) which closed an oversubscribed financing on August 4th, 2022, and which continues to advance permitting for the DeLamar Gold-Silver Project. The Luxembourg based Fund also increased exposure to Australian listed Matador Mining Ltd. (ASX: MZZ) which is exploring for high-grade gold in the jurisdiction of Newfoundland, Canada.

VanEck International Investors Gold Fund
AUM for VanEck International Investors Gold Fund decreased in August from $687 M USD to $611 M USD (-11.1%).

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The Fund did not add any new holdings and did not increase positioning in any holdings. The Fund continued to reduce holdings of Nighthawk Gold Corp. (TSX: NHK) and Wallbridge Mining Co. Ltd. (TSX: WM), and also began reducing its holdings of BonTerra Resources Inc. (CVE: BTR) and Perpetua Resources Corp. (TSX: PPTA).

VanEck VIP Global Gold Fund
AUM for VanEck VIP Global Gold Fund decreased in August from $44 M USD to $39 M USD (-11.4%).

The Fund did not add any new positions or increase positioning in any gold company names. The Fund reduced positioning in 21 of 51 holdings. VanEck VIP Global Gold Fund mirrors VanEck International Investors Fund.

A complete list of Precious Metal Managed Funds and their respective portfolio holdings can be found at:
https://mineralfunds.com/gold-funds/

Reported by: Khadijah Samnani, Analyst      Supported By: Christopher Berlet BSc, CFA

For further information please contact:
(416) 525 – 6869
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/140595

Fintech

Plug and Play and GIFT City Launch “IFIH,” a Global Fintech Incubator and Accelerator

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Plug and Play, a global accelerator platform and one of the most active early-stage investors globally, has announced a strategic partnership with Gujarat International Finance Tec-City (GIFT City). Through the partnership, Plug and Play will establish and run the International Fintech Innovation Hub (IFIH), GIFT City’s FinTech Incubator and Accelerator, which aims to foster research and innovation in financial technology, reinforcing GIFT City’s role as a premier global fintech hub.

GIFT City’s MD and Group CEO, Mr. Tapan Ray, said, “Our vision at GIFT City is to drive fintech innovation by creating a climate-resilient, inclusive ecosystem that empowers diverse entrepreneurs and builds workforce competitiveness in emerging technologies. With the support of prominent partners in fintech education and incubation, we are committed to nurturing a new generation of talent that will be well-equipped to meet the needs of an evolving global economy.”

Manav Narang, Head of Financial Services for Plug and Play APAC and Program Lead for the GIFT Incubator and Accelerator added, “We are thrilled to bring Plug and Play’s global expertise to GIFT City. Our vision is to create India’s largest industry-wide fintech program – a collaborative platform where banks, payments corporations, venture capital and corporate venture capital firms, accelerators, and ecosystem partners unite. Together, we aim to catalyze transformative fintech solutions and nurture fintech unicorns that will shape the future of finance in India.”

The program will support fintech startups with resources, mentorship, capital, and networking to navigate and excel globally in the dynamic fintech landscape. The first batch of startups will be unveiled in January 2025.

The post Plug and Play and GIFT City Launch “IFIH,” a Global Fintech Incubator and Accelerator appeared first on .

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Fintech

Doo Financial Now in Indonesia: Offering Local Investors A Gateway to Global Markets

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Doo Group’s brokerage brand, Doo Financial is thrilled to announce its expansion into Indonesia by acquiring a reputable Indonesian broker to expand the business. This move brings its global investment services to local investors. Backed by the strength of Doo Group’s extensive international presence, cutting-edge technology, and 10 years of expertise, Doo Financial is well positioned to support investors at every level.

As a brand encompassing investment services offered by various legal entities within the Doo Group, Doo Financial provides a comprehensive range of global brokerage services. This wide range of products empowers investors to pursue their financial goals.

With a diversified portfolio, Doo Financial empowers investors to navigate various market conditions effectively, manage risks, and focus on long-term growth. This entry into the Indonesian market reflects Doo Financial’s commitment to supporting investors with flexible, high-quality investment options tailored to today’s dynamic financial landscape.

Supervision by International Regulatory Institutions to Ensure Top-Tier Safety

As a global leading finance group, Doo Group has licensed entities regulated by top regulatory authorities worldwide, ensuring a secure and reliable trading environment.

Our global credentials include licenses from the U.S. Securities and Exchange Commission (US SEC), the Financial Industry Regulatory Authority (US FINRA) in the U.S., the Financial Conduct Authority (UK FCA) in the UK, the Australian Securities and Investments Commission (ASIC), the Hong Kong Securities and Futures Commission (HK SFC), Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI) in Indonesia. These licenses enable us to provide secure and reliable financial services globally.

Dedication to Shape the Industry with Innovative Solutions

Doo Financial’s expansion into Indonesia brings advanced technology and a global perspective to empower local investors. As an international investment firm committed to secure and seamless trading, Doo Financial offers a diverse range of products and services to help diversify portfolios and open up new opportunities.

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This growth elevates opportunities for Indonesian investors by offering seamless access to global markets and advanced trading platforms within a secure and regulated environment. It broadens investment choices and enhances the trading experience, aligning it with international standards and empowering local investors with comprehensive tools and resources for success.

Driven by unwavering commitment, this growth marks a significant milestone in Indonesia’s investment landscape, equipping our clients with the tools to navigate global markets. We remain dedicated to delivering exceptional service, exploring new opportunities, and driving future breakthroughs. With continued support from the FinTech community, we are excited to innovate and shape the future of finance.

Stay updated with the latest insights from Doo Financial. Join our community of empowered investors and let us be your trusted partner!

E-mail: [email protected]

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Fintech Pulse: Evolving Fintech Investments and Partnerships Signal Industry Transformation

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Fintech is on an accelerated trajectory of investment, collaboration, and innovation. This pulse tracks the most significant developments in the sector, from high-profile investments to global platform expansions. Each update in this briefing serves as a key indicator of where the industry is headed.


1. European Fintechs Face Regulatory Pressures Amid New Investment Surge

The European fintech sector finds itself at a crossroads with increasing scrutiny and rising costs due to stringent regulations. While investments continue to flow into the continent’s financial technology companies, challenges in meeting new compliance requirements, especially around data privacy and cybersecurity, create a complex landscape for scaling. This tension between opportunity and operational limitations might affect European fintechs’ growth strategies.

Source: Financial Times


2. Shopify, Slack Founders Join Peter Thiel in Fintech Investment Push

Tobi Lütke of Shopify and Stewart Butterfield of Slack, along with investor Peter Thiel, have co-invested in a new fintech initiative that aims to bolster small business access to capital. By merging technology with a streamlined funding model, this new initiative targets underserved SMBs, highlighting a broader trend of high-profile tech leaders pivoting to fintech investment. The participation of Lütke and Butterfield signals increased cross-sector collaboration in fintech, bringing expertise from e-commerce and communication technology into the financial arena.

Source: Yahoo Finance


3. Lean Technologies Raises $67.5 Million to Drive Fintech Innovation in the Middle East

Riyadh-based fintech platform Lean Technologies recently secured a $67.5 million Series B investment round, aiming to expand its operations across the Middle East. This funding reflects growing investor interest in emerging markets and the potential of Middle Eastern fintech to bridge regional gaps in financial services access. As Lean Technologies broadens its service offerings, the funding will support further technological integration and scalability across financial ecosystems in the region.

Source: Fintech Global


4. Apollo Global Management Invests in Fintech for Private Offerings Support

Apollo Global Management has taken steps to enhance its services for private offerings by investing in specialized fintech solutions. This development signifies a growing trend among private equity firms to adopt fintech as a core component in their service expansion, particularly for personalized client services. Apollo’s strategy of integrating fintech solutions into private offerings marks a strategic shift toward digitalization within traditional financial sectors.

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Source: Bloomberg


5. Juniper Research Names 2025’s Future Leaders in Fintech

Juniper Research has revealed its picks for the top future leaders in fintech for 2025. This list emphasizes innovation in fields such as AI, open banking, and decentralized finance, highlighting startups that exhibit potential for reshaping industry standards. As these up-and-coming firms push the boundaries of traditional finance, they exemplify the rising tide of next-generation financial technology poised to become industry mainstays.

Source: Globe Newswire


Conclusion

The convergence of seasoned tech giants with fintech, new funding rounds for region-specific platforms, and the rise of future industry leaders underscore the momentum of the fintech sector. Each of these stories reflects a broader narrative: fintech is not only diversifying in services but also rapidly integrating into traditional finance and tech, paving the way for a transformative era.

 

The post Fintech Pulse: Evolving Fintech Investments and Partnerships Signal Industry Transformation appeared first on HIPTHER Alerts.

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