Faircourt Gold Income Corp N.FGX

Financial Services Asset Management

Faircourt Gold Income Corp. is a Canada-based closed-ended fund. The Fund’s investment objectives are to provide Shareholders with monthly distributions, initially targeted to yield 5% ($0.04167 per Class A Share per month) per annum based on the issue price of $10.00 per Class A Share and the opportunity for capital appreciation. The Fund has been created to provide investors with exposure to global companies primarily involved in gold exploration, mining, or production, including those in the S&P/Toronto Stock Exchange (TSX) Global Gold Index, while also providing monthly distributions. The investment manager of the Fund is Faircourt Asset Management Inc., which is responsible for managing the affairs and providing portfolio management services to the Fund.

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Faircourt Gold Income Corp

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Comment by strannickon Aug 21, 2011 12:35am

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Post# 18964310

FGX (Fails Goldprice Xtrordinarily)

If you want a miserable, low volume gold 'fund' (the word makes me cringe) that fails to track its NAV, and fails to keep up with the price of gold, and seemingly exists to generate fees for its management, then FGX is for you.

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