positive global outperformance of gold and other resources has seen liberty fund return over 50% in the first three years
The Liberty Ermitage Gold & Resources fund has returned 55% in its first three years and the managers believe that continued dollar weakness and the general economic uncertainty in the world should allow it to continue to perform well in the near future. The portfolio was launched in August 2000 to Liberty"s private clients. However, because of the global outperformance of gold and other resources since then, there has been continued pressure to open the fund to other investors. A retail dollar class was launched in April 2003 and further euro and sterling classes in the past three months...
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