...the largest exposure is to the WisdomTree Physical Gold ETC, which makes up 9.6% at the end of April. This is both for the £400m Jupiter Absolute Return fund and for the €24m Jupiter Global Absolute Return fund, the Ucits-compliant version.
This is while two mining stocks are also present, which includes Newcrest Mining being among the top 10 holdings and accounting for 2.7% in the UK fund and 2.6% in the Ucits fund.
The third holding is a position in Barrick Gold. The size of the stake was not disclosed but it is understood overall exposure to gold across the three holdings amounts to around 15%.
Read the whole story here: Jupiter’s Clunie takes gold to highest ever exposure
