Castlestone launches precious metals equity fund

The Aliquot Gold and Precious Metals Equities fund will allocate to up to eight precious metal equity funds with the aim of limiting single manager risk and adhering to a wider allocation approach. The portfolio’s holdings are diversified across multiple regions, small- to large-cap companies and investment styles. It can also invest in physical gold bullion to hedge against the effects of macroeconomic and geopolitical events. Murray says: “Our strategy for the fund uses a greater number of managers than a similar fund might allocate to, primarily because many IFAs and their clients ...