Global Resources Fund One Simple Way to Get Exposure
Between the possible approval of the $1 trillion infrastructure package and higher inflation, it may be time to consider getting exposure.
One way is with the Global Resources Fund (PSPFX),which has overweighted global renewable energy stocks such as Vestas Wind Systems and Siemens Gamesa Renewable Energy—companies we believe may see some benefit from the infrastructure deal in Congress right now. We also like companies that produce copper, lithium, nickel and other “green energy” metals. Among our favorite stocks are Ivanhoe Mines, Standard Lithium and Nano One Materials.
None of the companies mentioned above were constituents of the fund’s benchmark, the S&P Global Natural Resources Index, as of August 11, 2021.
Thanks to active management and our years’ worth of expertise investing in commodities and raw materials, PSPSX increased an incredible 67.28% for the 12-month period through June 30, 2021, significantly outperforming the benchmark, which rose 48.36%.