Fat Prophets Global Contrarian Fund Ltd. ( (AU:FPC) ) has issued an announcement.
The Fat Prophets Global Contrarian Fund announced its best performance since 2020, driven by core thematic positions, including a record high in gold prices and a takeover bid for Gold Road Resources. The announcement highlights potential increased M&A activity in the Australian gold mining sector and a positive outlook for large-cap China tech stocks, supported by potential fiscal stimulus from Beijing. The fund’s pre-tax NTA increased by 8.77% from February to March 2025.
More about Fat Prophets Global Contrarian Fund Ltd.
Fat Prophets Global Contrarian Fund operates within the investment management industry, focusing on contrarian investment strategies. The fund primarily invests in undervalued assets across various sectors, including precious metals and technology, with a market focus on small to mid-cap companies and emerging markets.
YTD Price Performance: 15.91%
Average Trading Volume: 35,446
Technical Sentiment Signal: Sell
See more data about FPC stock on TipRanks’ Stock Analysis page.