chart of the day – the firing gun ready for the mining sector..?

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The chart below from UBS’s latest strategy piece caught our eye. What it shows is (a) a braking of the massive underperformance of the sector relative to the wider market and (b) positive earnings momentum against the wider market

We took the opportunity to add to selected mining plays in our Natural Resources fund this week and unwind our short position near the lows on the wider market. For more information in relation to our Natural Resources fund then click the image below.

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