Scotia Resource Fund
Overview
The Scotia Resource Fund is a mutual fund that primarily invests in equity securities of Canadian resource-based companies. These include firms operating in sectors such as oil and gas, gold and precious metals, metals and minerals, and forest products. The fund aims to provide aggressive long-term capital growth by focusing on these industries. Managed by 1832 Asset Management L.P., the fund has been operational since July 9, 1993. It offers Series A units with a minimum initial investment of $500 and a management expense ratio (MER) of 2.09%. As of April 30, 2024, the total value of the fund was $106,886,594. The fund's investment strategy involves selecting companies with strong growth potential within the Canadian resource sector. By concentrating on these industries, the fund seeks to capitalize on the economic opportunities presented by the natural resources market in Canada. Investors are encouraged to consider their risk tolerance and investment objectives before investing in the fund.
Investment Focus
- Minimum initial investment of $500
- Management expense ratio of 2.09% as of April 30, 2024
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Unlock full contacts →Frequently asked questions about Scotia Resource Fund
What sectors does Scotia Resource Fund invest in?
Scotia Resource Fund invests in Oil and Gas, Metals and Minerals, Forest Products and Gold and Precious Metals, and is based in Ontario, Canada. Scotia Resource Fund is listed as a mutual fund in the ConnectSafely investor database.
What stage does Scotia Resource Fund invest at?
Scotia Resource Fund backs companies at Growth and Late Stage.
Which regions does Scotia Resource Fund invest in?
Scotia Resource Fund invests across Canada.
Last updated · Source: ConnectSafely investor database
