Castlestone Management will unveil a new precious metals Ucits fund in May 2011, Citywire reports. The Aliquot Precious Metals UCITS fund will invest 80% of its portfolio in the precious metals complex, which consists of gold, silver, platinum and palladium, with 30% allotted to gold.
The fund will invest through the Barclays Capital Diversified Precious Metals Index. The vehicle will be managed by the firm’s investment committee led by CEO Angus Murray and will be available across Europe.
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