GRIT : Global Resources Investment Trust look beyond initial performance
We have today published a note on Global Resources Investment Trust.
A few months into the life of Global Resources Investment Trust the net asset value has fallen by 37% and its ordinary share price has fallen much faster. As we explain in our note, this unusual state of affairs is related to the way in which the trust was established. New Investors in Global Resources Investment Trust have an opportunity to get access to a diversified portfolio of junior resource companies at a time when investors in the sector believe the commodity cycle might be turning. Furthermore this opportunity is available at a discount to asset value close to 50%.
If you would like to know more, read on…