New fund will take stakes in depressed oil stocks

Investment trust is pinning its hopes on a sustained re-rating in the commodities sector
Thursday 16 Feb 2017 Author: Tom Sieber
A new investment trust is being launched which will allow you to gain diversified exposure to the small cap oil and gas space. Guinness Oil & Gas Exploration Trust is set to commence trading on the Main Market on 27 February. It hopes to raise between £30m and £100m. The funds will be used to take advantage of an opportunity to invest in ‘depressed junior oil and gas equities’...

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