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Craton Capital Precious Metal Fund A

Ranked 64 out of 115 in - Gold & Precious Metals over 12 months
All calculations are in USD

Managed by

Markus Bachmann

Markus Bachmann is based in Johannesburg with the specialist South African firm Craton Capital, which he set up in 2003. He currently manages the Craton Capital Precious Metal fund, and is a value and long-term investor. He looks to invest in undervalued companies in special situations where there is potential for the stock price to increase. He started his career in the corporate finance department at Credit Suisse, and then went on to join the emerging markets team at SBC Brinson. In 2000 he joined Coronation Fund Managers in Cape Town, as a senior portfolio manager and global resources specialist, before leaving to set up his own company in 2003. He has a business degree from the University of Berne, Switzerland.

Objective

The investment objective is to outperform the FT Gold Mines (All Mines) index. To achieve this, the fund invests primarily in equity securities of companies from the gold, platinum group metals, silver, and diamonds sectors. Specifically, the aim is to generate alpha of 5-8% annually over a three-year rolling period versus the index.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Gold & Precious Metals over : 31/05/2014 - 31/05/2015
  • Rank 64/115 Total Return
  • Rank 56/115 Standard Deviation
  • Rank 97/115 Max Drawdown
Fund Name Return
62 Konwave Gold Equity Fund B (USD)

-15.7%

62 ZKB Fonds Aktien Gold AA

Currency exposure is hedged

Currency exposure is hedged

-15.7%

64 Craton Capital Precious Metal Fund A

-15.9%

65 BlackRock PIF-International Gold C

-16.0%

66 Oppenheimer Gold & Special Minerals Fund;A

-16.0%

Fund Name Loss
95 ZKB Fonds Aktien Gold AA

Currency exposure is hedged

Currency exposure is hedged

-38.5%

96 STABILITAS - PACIFIC GOLD+METALS P

-38.8%

97 Craton Capital Precious Metal Fund A

-38.9%

98 Precious Capital Global Mining & Metals Fd

Currency exposure is hedged

Currency exposure is hedged

-39.7%

99 Earth Gold Fund A Retail

-39.8%

Total Return

Quarterly Performance

to 31/03/2015 Annual Q1 Q2 Q3 Q4
2015 -8.5%
2014 -6.9% 17.1% 16.2% -18.3% -16.3%
2013 -54.0% -18.6% -33.7% 10.6% -23.0%
2012 -26.0% -5.0% -27.0% 26.4% -15.5%
2011 -33.0% -4.8% -4.1% -21.7% -6.2%
2010 74.8% 4.8% 1.9% 25.3% 30.6%
2009 79.1% 14.6% 11.6% 19.7% 16.9%
2008 -47.2% -5.6% -1.9% -37.3% -9.1%
2007 15.6% 0.2% 1.7% 7.8% 5.3%
2006 49.6% 32.9% -4.9% -1.6% 20.3%
2005 28.1% 7.0% -6.2% 12.9% 12.9%
2004 2.4% -4.7% -15.5% 17.3% 8.4%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/05/2014

Top 10 Holdings

Stock Size
Detour Gold Corp ORD 7.22
B2Gold Corp ORD 6.85
Endeavour Mining Corp ORD 6.34
Mandalay Resources Corp ORD 6.32
ABM Resources NL ORD 5.96
Torex Gold Resources Inc ORD 5.09
Tahoe Resources Inc ORD 4.69
MAG Silver Corp ORD 3.98
Randgold Resources Ltd ORD 3.79
Franco-Nevada Corp ORD 3.72
31/05/2014

Registered For Sale In

  1. Austria
  2. Germany
  3. Liechtenstein
  4. Switzerland
  5. United Kingdom

Fund Info

  • Launch date14/11/2003
  • Share Class size42Mn
  • Base currencyUSD
  • ISIN LI0016742681

Purchase Info

  • Min. initial investment1
  • Min. additional investment0

Charges

  • Annual management1.5%

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Expect streamlined firms, cuts in capex and prioritising of profits, according to two Citywire-rated precious metals managers.

Precious metals: trio of top managers trade views on year ahead

Walter Wehrli, Fritz Eggimann and Markus Bachmann, debate where gold will sit in 2012 and whether silver will outshine it.

Credit markets offer clue to commodities' strength, says top manager

Top performing commodities manager Markus Bachmann of Craton Capital Funds is keeping a close eye on credit markets as an indicator of where commodity prices are heading.

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Gold price correction would be healthy, says precious metals specialist

Precious metals fund manager Markus Bachmann of Craton Capital thinks all the indicators point to the gold price rising significantly in the long term, despite a possible short term correction. 

Resources specialist prepares to hit the bottom

As Craton Capital plans the launch of a new global resources fund, manager Markus Bachmann aims to cash in on what he says could be an imminent market recovery.

Miners are prime bottom-fishing material, say leading gold managers

Craton Capital Precious Metals manager Markus Bachmann, Crédit Agricole's Anne Ruffin and JP Morgan Natural Resources manager Ian Henderson are all of the view that now is the time to buy into commodities producers.

Gold will keep its lustre amid uncertainty, says precious metals specialist

South African precious metals manager Markus Bachmann thinks while uncertainty remains in financials, the gold price will remain supported. Meanwhile he expects a flurry of M&A in the coming months.

...more...

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in USD).