AngloGold is one of the world’s largest gold mining companies and is listed on the
world’s biggest stock exchanges, including the NYSE. The company mines in nine
countries and has decent revenue diversification in tandem with gold fields which
bear low costs. A growth in the company’s share price is set to be facilitated by:
a rise in the price of gold, supported by negative interest rates and measures
taken by central banks of developed economies to artificially increase inflation;
improving fundamental indicators, including the realization of an on-going
strategy to drive-down gold production costs which is so far showing positive
results; undervaluation of the company in regards to its competitors – trading
with a discount according to EV/EBITDA, EV/EBIT, EV/Revenue, P/E indicators.
Largest shareholders: BlackRock (5.3%), Franklin Advisers (3.87%), Fidelity
(0.95%), Deutsche Bank (0.92%).
Investment period ends: 20/04/2018
Expected yield is calculated according to 90% capital protection and the price of the base asset at expiry, equal to 16 USD.