List Of Investments

Under the investment management expertise of BlackRock Investment Management (UK) Limited, GMI's portfolio features a diverse range of natural resource companies from various global markets.

Listed below are the top 20 investments as at 31 December 2011

Company % Held Country Commodity
Rio Tinto8.8GlobalDiversified
Glencore 8.8GlobalDiversified
BHP Billiton8.1GlobalDiversified
Vale6.2Latin AmericaDiversified
Teck Resources 4.7North AmericaDiversified
Freeport McMoran4.5GlobalCopper
GV Gold4.5RussiaGold
Newcrest Mining3.6AustraliaGold
Xstrata 3.1GlobalDiversified
Cia De Minas Buenaventura3.1Latin AmericaGold
First Quantum Minerals 3 AfricaCopper
African Minerals2.8AfricaDiversified
Sociedad Minera Cerro Verde2.7Latin AmericaCopper
Goldcorp Inc2.3North AmericaGold
Kumba Iron Ore 2.3South AfricaIron
Atlas Iron2.2AustraliaIron
Impala Platinum Holdings2South AfricaPlatinum
Aquila Resources2AustraliaCoal
Anglo American 1.9GlobalDiversified
Antofogasta Holdings1.8Latin AmericaCopper
78.4