For Investors who seek to diversify portfolio risk against:

• Rising US and global inflation and high oil prices


• A weakening US$ dollar


• Financial market instability


• Low or negative real interest rates


• Geopolicital risks and terrorism

And for investors who seek long-term capital growth and income.

Why Invest?

• Investing in gold is an effective way to diversify a portfolio, as gold's value tends to move independently of equity markets.


• The value of gold is recognized around the world - a significant advantage in a global economy.


• Gold is a tangible asset and thus favoured over paper currencies in times of financial distress.


• In recent years, the demand growth for gold has begun to exceed primary supply growth.


• In a recessionary environment, with widespread political and economic uncertainty, gold offers comparative safety.


• Gold has been the best-performing sector in this continued "bear market" environment.


• Risks of a crisis in the banking system leads investors to buy hard assets over paper currencies.


• Gold has been the best-performing sector in this continued "bear market" environment.


• The U.S. dollar continues to show signs of weakness in a strong economic environment.


• Gold demand growth exceeds primary gold production growth due to mine closures, depletions in reserves, lack of exploration, central bank selling and producer hedging.


• A chance to maximize gold's considerable upside potential in a secular bear market environment.

Who Should Invest

• Investors seeking long-term growth of capital.


• Investors with a long-term investment horizon (at least five years).