consistent, considered, value-driven
Benchmark
The Craton Capital Precious Metal Fund’s benchmark is the FT Gold Mines
- All Mines index (Bloomberg ticker – FTMIGMI Index). The index consists
of 18 constituents all of which are considered leading gold companies in their
respective areas of domicile. The index is divided into three sub-indices;
North America, Africa and Australasia.
The constituents and approximate weightings (as per indicated date) are shown
below.
North America - 20 June 2006
| Company Market |
Capitalisation (US$ m) |
Free-float adjustment |
Index weight |
| BARRICK GOLD |
23,581 |
100% |
24.00% |
| BUENAVENTURA |
3,483 |
75% |
2.70% |
| CAMBIOR INC |
682 |
100% |
0.70% |
| CENTERRA GOLD |
2,571 |
40% |
1.00% |
| GLAMIS GOLD |
5,139 |
100% |
5.20% |
| GOLDCORP INC |
9,362 |
100% |
9.50% |
| IAMGOLD |
1,512 |
100% |
1.50% |
| KINROSS GOLD |
3,201 |
100% |
3.30% |
| MERIDIAN GOLD |
2,781 |
100% |
2.80% |
| NEWMONT MINING |
20,646 |
100% |
21.10% |
|
| Sub-Total |
72,959 |
|
71.90% |
|
Africa - 20 June 2006
| Company Market |
Capitalisation (US$ m) |
Free-float adjustment |
Index weight |
| ANGGOLD |
11,500 |
50% |
5.90% |
| DRDGOLD |
379 |
100% |
0.40% |
| GFIELDS |
8,719 |
100% |
8.90% |
| HARMONY |
5,039 |
100% |
5.10% |
|
| Sub-Total |
25,637 |
|
20.30% |
|
Australasia - 20 June 2006
| Company Market |
Capitalisation (US$ m) |
Free-float adjustment |
Index weight |
| LIHIR GOLD |
2,531 |
75% |
1.90% |
| NEWCREST MINING |
4,618 |
100% |
4.70% |
| RESOLUTE MINING |
275 |
100% |
0.30% |
| ZIJIN MINING |
2,115 |
40% |
0.90% |
|
| Sub-Total |
9,539 |
|
7.80% |
|
| Total |
108,135 |
|
100% |
|
