Prospective investors should read the Key Information Document and Prospectus prior to investing.
FUND OBJECTIVE
The Sub-Fund’s investment objective is to achieve capital growth over the long-term from a
portfolio consisting primarily of listed mining equities, with a focus on speciality and precious
metals equities.
PERFORMANCE
BAKERSTEEL Electrum Fund returned -1.8% during the month, compared with the EMIX Global
Mining Index which fell -7.6% (in Euro terms).