Investec unveils Enhanced Natural Resources fund

The new fund has a total return objective and will combine fundamental analysis of underlying commodity securities with a bottom-up stock-picking approach. It is daily traded and can access a universe of over 30 commodities and 800 resource stocks spanning the whole commodity spectrum, including companies involved in energy, metals and mining and agriculture. It also has flexibility to move between different commodity securities. The term ‘enhanced’ refers to the fund’s UCITS III powers, which enable it to take both long and short positions in the portfolio. This has the potential to p...