London, 6 October 2010

The SF t1ps Smaller Companies Gold Fund has raced ahead by 57.75% in the 13 months since its launch to hit a new all time high and is easily outperforming more established Gold Funds such as BlackRock as well as physical gold.

The fund is now the third best performing Unit Trust in all sectors over the past year according to ‘What Investment’s’ magazine’s Top Ten Unit Funds.

The high operational gearing that gold producers enjoy means that shares in gold companies should outperform physical gold when gold prices are rising, however the astute stock selection of the SF t1ps Gold Fund means that its outperformance has been exceptional and dramatic.

The Fund aims to seek growth by investing in smaller and mid cap companies involved in the mining and development of mines for gold and silver. The fund invests across a range of companies in London, Australia and Canada enabling it to take advantage of the various stages of company development and has substantial international exposure.

Tom Winnifrith, Senior Fund Manager, SF t1ps Smaller Companies Gold Fund, commented: “The fund is continuing to perform exceptionally well and shows no sign of slowing down as the price of gold continues to rise. We believe that gold will head sharply higher as QE destroys the real value of all major paper currencies. Given the operational gearing of miners, anyone without gold shares as a material part of their portfolio is insane.”

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