With ongoing global uncertainty leading gold prices to rally by nearly 20% so far this year, precious metal funds have been highly featured in the list of top ten best performing funds within the entire IA universe for 2016, with many returning more than 100% to investors.
But even amid a strong year for all precious metal funds, the performance of the £17m Charteris Gold and Precious Metals fund, managed by Ian Williams (pictured), stands out, returning 170.7% year-to-date as of 25 October. It is currently the second best-performing fund across all IA sectors over the period, and is more than 30 percentage points ahead of its nearest competitor, the £59m Smith & Williamson Global Gold & Resources fund. At the top of the list is the £18.9m MFM Junior Gold fund, which has so far returned 200.7%. As well as being a beneficiary of uncertainty in the equ...
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