mr_cashcow wrote a post · Apr 28 22:05

Guess the fund 2024 round #2 Fight!😂

My guess is $Franklin Natural Resources Fund(LU0300736062.MF)$ will perform the best long term but short term wise mining of fuels such as coal and precious metals such as gold will win so my vote goes to $BGF World Mining Fund(LU0075056555.MF)$!

With the multiple conflicts at different continents I suspect that energy prices especially oil prices will rise in the coming months ahead but short term wise Gold prices will sky rocket

AI server farms need more energy to run thus further increasing the demand in energy resources as the AI model evolves

So why will BGF world mining fund beat the rest of the funds? Because it holds securities in mining and metals companies whose predominant economic activity is the production of base metals and industrial minerals such as iron ore and coal. The Fund may also hold the equity securities of companies whose predominant economic activity is in gold or other precious metal or mineral mining. Best of both worlds in coal energy and in precious metals such as gold or other minerals needed in the manufacture of semiconductors