62.049999 CAD
0.37
0.59%
Last update Dec 16, 12:19 PM EST
Post-market
Day range
62
62.61000
Previous close
62.42000
Open
62.61000
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RBC Global Precious Metals Fund
62.05
0.37
0.59%

Overview

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Description

RBC Global Precious Metals Fund is an investment fund that focuses on providing investors with capital appreciation through exposure to precious metals markets. Managed by RBC Global Asset Management, this fund predominantly invests in companies engaged in the exploration, mining, and production of metals like gold, silver, and platinum. The fund’s strategic allocation is designed to capitalize on the potential growth and stability precious metals offer, often seen as hedges against inflation and economic uncertainty. By investing across various regions and mining sectors, the fund provides diversification for investors seeking to mitigate risks associated with individual market dependencies. The fund’s performance is inherently linked to commodity price fluctuations, making it a notable option for those looking to gain exposure to the volatile yet potentially rewarding precious metals sector. As part of a diversified portfolio, this fund can play a role in balancing traditional equity and fixed-income investments, appealing to institutions and individual investors interested in long-term capital gains through specialized commodity investments.

About

Address
Phone
612-376-7000
Website
Instrument type
ETF
Country
Canada
MIC code
NEOE
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