Commodities Funds: Tight Markets To Rise

Globe and Mail reported commodities funds are likely to rise in 2012 with tight supply in uranium.

As quoted in the market news:

Thomas Meier, co-manager of the fund, said a heavy exposure to the meat sector had paid off in the fourth quarter, but a uranium position had hurt performance earlier in the year because of the Fukushima accident.

For 2012, he believes that a lot of the negative sentiment around the demand side is already priced in. But on the supply side, many projects, particularly in copper and uranium production, are in limbo.

Click here to read the full Globe and Mail report.