Citywire for Financial Professionals

Citywire Selection

Commodities

BlackRock World Mining Trust

Citywire Selection verdict: With fortunes on the up for commodities, this trust’s investments have outperformed the market, however at the same time the discount has increased taking the sheen off these returns. Income is a key reason to buy this investment and while yields aren’t as attractive as they once were they are still in excess of 7%. The trust focuses on higher quality investments – with a third in large diversified miners – who are committed to paying their dividend. This is not one for the faint hearted, but those who have ridden the recent wave will be aware of how quickly the tide can change and lead to astonishing returns.
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