Page 25 - DIY Investor Magazine | Issue 41

One example is iShares Physical Gold, which is part of the Charles Stanley Direct Preferred List our curated list of investments for new investment in their respective sectors.
A higher risk route into gold is through shares in
gold mining companies. These tend to represent a ‘geared’ play on the gold price, meaning they multiply the effect of a rise – but also multiply any fall. This is because profits can be highly sensitive to what the gold price is doing, and the riskier firms could even swing from profit to loss or vice versa on these moves.
Blackrock Gold & General, managed by the Blackrock’s Natural Resources Team, invests in gold and other precious metal-related companies on a worldwide basis. The fund holds between 50 to 80 companies, the vast majority of which are established producers of gold, with exposure to pure exploration stocks (typically the riskiest in the area) relatively low compared with some of its peers.
Rob Morgan is Chief Investment Analyst at Charles Stanley
25 DIY Investor Magazine
· August 2024
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