What is Gold international feeder funds?
By Mr. Srikanth
Meenakshi, FundsIndia.com
Gold international feeder funds are funds that
invest in the stocks of overseas gold mining companies.
Their performances are correlated to gold price
but do not track it. In the past year, both gold & such companies have
given negative returns.
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| Srikanth Meenakshi, FundsIndia.com |
The short-to-medium term prospects of these funds
are not positive. So, I would indeed recommend that you cut your losses and
redeem your money.
Investment opportunities in the Indian equity
market hold greater promise than such funds.
You can divert the redeemed money to a
diversified equity fund in India such as Mirae Asset India Opportunities fund
or Franklin India Prima Plus fund.
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