

In this episode of Trusts in Focus, we're looking at Golden Prospect Precious Metals (GPM), the only investment trust exclusively focused on precious metals miners. We explore the trust's specialist approach to investing across gold, silver and platinum group metals, including its focus on smaller and mid-sized mining companies, the role of active management and how gearing has contributed to long-term outperformance versus passive alternatives. We also examine the key drivers behind GPM's standout performance in recent years, portfolio positioning, exposure to developers and explorers, the growing allocation to silver, and why the managers remain constructive on the long-term outlook for precious metals despite ongoing market volatility. 00:00 Introduction 00:35 Why invest in precious metals miners? 01:20 Active management and gearing 01:55 Recent performance and market backdrop 02:50 Volatility and risk considerations 03:35 Portfolio activity and positioning 04:15 Gold, silver and long-term drivers 04:55 Outlook and current opportunities 05:30 Further information 05:38 Risk warning Read our latest research on Golden Prospect Precious Metals: https://www.trustintelligence.co.uk/investor/funds/golden-prospect-precious-metals Visit the Golden Prospect Precious Metals website: https://ncim.co.uk/golden-prospect-precious-metals-ltd/ Please note that this video was recorded in June 2026.



