BLACKROCK WORLD: Mining fund rocks with 122% return
Investment trust BlackRock World Mining is a commodities fund with a twist that currently appeals to many income investors. The £1billion stock market listed fund not only performs well when commodity prices are booming, but through adept management it also delivers an attractive quarterly income – presently equivalent to 3.6 per cent a year. It's an enticing mix that has attracted a small army of investors to the trust's shares – and they have not been disappointed. Over the past year, it has delivered an outstanding overall return of 122 per cent, yet manager Evy Hambro is confiden...
Source: thisismoney.co.uk