Q: Wondering what you think of this fund. Read this manager was particularly good in materials. Would it be better to just buy AEM and Capstone for gold and copper, -I only own PAAS and PSLV for silver and have no other materials at the moment. You usually recommend AEM for gold exposure; what is a good entry point? Do you think there is room to grow from here? - it seems to be consolidating. Thanks.
5i Research Answer:
It is difficult to compare a fund to one or two companies. We have nothing against DXMO other than its newness and small size. It is performing well. For a mining ETF we would prefer XGD, however. We would be comfortable buying AEM today. We would be OK with LUN and CS plus some gold and silver exposure. We might add NTR/CCO for more-balanced marerials exposure.