RAB To Float Ucits Mining, Gold Funds

RAB Capitalwill unveil two new Luxembourg-based Ucits III funds,金融时报》reports. TheGlobal Mining and Resourcesfund is a long/short equity strategy targeting equity investments in larger cap companies in the natural resource sector and will initially be available in sterling, euro and dollar share classes.

TheGold and Precious Equitiesfund is a long/short equity fund with daily liquidity focused on large to mid cap companies in the precious metals exploration and production sub-sector. The two strategies will have a total initial size of $100 million and will be traded onLuxembourg Financial Group’s Liquid Alpha Ucits platform.

Click here for the story from金融时报》.

Click here for the additional coverage fromReuters.