Global Resources Investment Trust
Unlocking value in resource juniors
6 May 2014
Global Resources Investment Trust (GRIT) is a new fund seeking to generate medium-term capital growth through investing in a targeted portfolio of primarily small-capitalisation natural resource companies. The managers aim to exploit investment opportunities through investing new capital and providing active shareholder support. GRIT is fully invested in an initial portfolio acquired through a share exchange issue. A planned secondary placing of GRIT shares should enable the portfolio companies to access the cash required to finance their projects and this may trigger a re-rating of the portfolio constituents. Once the placing provides liquidity, GRIT shares will provide access to a niche market with the benefit of diversification to mitigate potential volatility. MORE »
