The Long Reserve Life Resource Fund provides investors with a single solution for long-term global commodity exposure through an actively managed portfolio of primarily equity securities from among the world’s largest resource issuers.
The objectives of the Fund are to provide long-term capital appreciation and to provide regular monthly cash distributions. The portfolio is managed by Lawrence Asset Management Inc., a performance-oriented, Canadian investment management firm that manages a growing number of alternative investment funds.
The Fund is broadly diversified by geography and key commodity sector:
Sector |
Initial Portfolio Weighting |
Oil & Gas |
30% |
Base Metals |
35% |
Precious Metals |
15% |
Coal |
12.5% |
Uranium |
7.5% |
Within each commodity sector, Lawrence Asset Management Inc. will select resource issuers based primarily on
- reserve life
- hedging practices
- political security
Long Reserve Life Resource Fund provides the following key benefits:
- Monthly distributions – an annual yield of 5.0%.
- Capital appreciation potential through strong supply and demand fundamentals of commodity markets.
- Excellent liquidity – annual redemption priviledges and a TSX listing (ticker: LRF.UN).
- Fully RRSP eligible.
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