SAN FRANCISCO--(BUSINESS WIRE)--Merk Investments (“Merk”) will host a webinar on Thursday, May 16, at 4:15pm ET covering
- Merk’s Outlook on Gold
- Investing in Gold Miners
- Merk’s management of ASA Gold & Precious Metals (NYSE:ASA, “ASA”), a closed-end fund
There will be an opportunity for Q&A immediately following the webinar.
Register for the webinar at merkinvestments.com/webinar to receive web access and dial-in information.
A replay of the webinar will be posted on www.asaltd.com through at least the end of June 2019. Make sure you register for the webinar to be notified when the replay becomes available.
ASA is a non-diversified, closed-end fund that seeks long-term capital appreciation primarily through investing in companies engaged in the exploration for, development of projects in, or mining of precious metals and minerals. On April 12, 2019, ASA shareholders voted to approve an investment advisory agreement between Merk and ASA.
It is a fundamental policy of ASA that at least 80% of its total assets must be (i) invested in common shares or securities convertible into common shares of companies engaged, directly or indirectly, in the exploration, mining or processing of gold, silver, platinum, diamonds or other precious minerals, (ii) held as bullion or other direct forms of gold, silver, platinum or other precious minerals, (iii) invested in instruments representing interests in gold, silver, platinum or other precious minerals such as certificates of deposit therefor, and/or (iv) invested in securities of investment companies, including exchange traded funds, or other securities that seek to replicate the price movement of gold, silver or platinum bullion.
ASA employs bottom-up fundamental analysis and relies on detailed primary research including meetings with company executives, site visits to key operating assets, and proprietary financial analysis in making its investment decisions.
Investors are encouraged to visit the ASA’s website www.asatld.com for additional information, including historical and current share prices, news releases, financial statements, tax and supplemental information.
ASA is a “passive foreign investment company” for United States federal income tax purposes. As a result, United States shareholders holding shares in taxable accounts are encouraged to consult their tax advisors regarding the tax consequences of their investment in the Company’s common shares.
Merk Investments LLC, an SEC registered investment adviser, provides investment advice on liquid global markets, including domestic and international equities, fixed income, commodities and currencies and their respective derivative markets. For more information on Merk, please visit www.merkinvestments.com.
This information does not constitute investment advice and is not intended as an endorsement of any specific investment. The information contained herein is general in nature and is provided solely for educational and informational purposes. The information provided does not constitute legal, financial or tax advice. You should obtain advice specific to your circumstances from your own legal, financial and tax advisors. As with any investment, past performance is no guarantee of future performance. Registration with the SEC does not imply any level of skill or training.