FMG Mongolia Fund

With its vast mineral wealth Mongolia is forecast to be one of the fastest growing economies globally. Mongolia has the world’s leading deposits of critical resources like coal, copper, gold, uranium and iron. Located near China and Russia, Mongolia has the ultimate access to the end-consumer; with the lowest transportation costs of all commodity producers.

Mongolia at a glance

•   Forecast over the next 10 years to have the world’s largest GDP growth;
•   Only 17% of Mongolia has been explored for commodity deposits;
•   Stock market undiscovered by foreign investors;
•   Growing domestic consumption.

If you are interested to invest in this fund, either direct or through your Personal Portfolio Bond (PPB), then please Contact Me for further information.

 

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FMG Mongolia Update, 22^nd May 2015

“Mongolia is back in business” FMG Mongolia: +10% in April

“Mongolia is back in business”, said Prime Minister Chimediin Saikhanbileg in a statement on Tuesday after talks between Rio Tinto, Turquoise Hill Resources (TRQ) and the government finally yielded fruit.

Shares in TRQ jumped after the company’s parent Rio Tinto and the Mongolia Government signed an agreement for the expansion of the massive copper-gold mine.

 

“Unlocking Oyu Tolgoi’s underground mine will have a significant impact on the Mongolian economy, which will benefit Mongolian citizens for generations to come”

 

– Prime Minister Chimediin Saikhanbileg

 

Abundance of Resources

“The project is expected to boost Mongolia’s economy by a third when it reaches full capacity.”	“This is by far the best undeveloped growth project that any of the majors has, and it’s in the best commodity – copper”
– Reuters, May 19th 2015	– Deutsche Bank analyst Paul Young

The FMG Mongolia Fund mainly invests in domestically listed Mongolian companies traded on the Mongolian Stock Exchange (MSE), as well as offshore traded Mongolian securities. The Fund focuses on investing in the most liquid stocks traded in local currency on the MSE. The portfolio will be diversified utilizing complementary investment strategies across multiple industrial sectors.