On December 3rd, AuAg Gold Mining changed name to AuAg Gold Rush. At the same time, the fund will no longer be a feeder fund but will instead invest directly in equities.

The fund will continue to have a similar type of exposure, but the manager will now be able to actively influence investment selections. The name change to AuAg Gold Rush took place on 2024-12-03, and the fund is actively managed from that date.

With a 40% Royalty/Streaming company exposure, the fund aims to have great defensive properties. The underexposure towards the sector’s three megacaps also allows the fund to have higher exposure towards large- and mid-cap companies which creates a strong portfolio with great upside return potential in a gold bull market. The Fund is a good complement to the more volatile AuAg Silver Bullet.

Since the Fund will no longer invest in a master fund, no fee for the management of a master fund will apply to the Fund’s unit holders. The Fund's applicable fee will instead be adjusted so that the management fee amounts to 1.4%, which is the same fee applied across all AuAg funds. This will result in the same total cost on gross platforms. On net platforms, the change will reduce the cost for investors.

What does this mean for you as an investor?

• Active management – you get a sharper portfolio (see the new portfolio under “Holdings” on the website).
• Lower costs for investors on net platforms.

The fund page on each trading platform will be updated in the coming days with the new name, fees, holdings, and more. Visit the fund page for the latest information.