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Message: Resource Fund

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Resource Fund

posted on Nov 01, 09 07:29AM

Just thought I would pass on some information that was brought to my attention. I thought this would be of some interest to the forum. Please note the #9 top holding company in this resource fund.

From Globefund.com

Dynamic FocusPlus Resource Fund (5 star rating)

Total Assets: $490. Million

This is the list of the top Holdings as of July 31,2009 including the % of total assets.

1. Lundin Mining (12.02%) 2. Consol Thompson Iron Mines (8.08%) 3. Iamgold Corp (7.74%) 4. African Minerals LTD (6.0%) 5. Kinross Gold (5.48%) 6. Sherritt International (5.35%) 7. Queenston Mining (4.54%) 8. FNX Mining Company (4.11%) 9. NORONT RESOURCES (3.72%) 10. Canadian Oil Sands Trust (3.21%)

Portfolio Manager(s) - Ned Goodman. Mr. Goodman is the founder of DUNDEE GROUP of COMPANIES.

Noront accounts for approx. 18 million in total assets of this fund.

Sitler 27

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NORONT RESOURCES LTD. OFFER TO PURCHASE all of the outstanding common shares of FREEWEST RESOURCES CANADA INC. on the basis of 0.25 of a Noront common share and $0.0001 in cash for each comm... read more