PKO Gold Market Equity Subfund is an equity subfund, which invests in shares of selected companies operating in the gold and other precious metals market. These are primarily mines engaged in ore extraction. The Subfund does not invest directly in gold or in other financial instruments directly linked to fluctuations in the price of gold.
The behaviour of the PKO Gold Market Equity Subfund is strongly correlated with the behaviour of the price of gold. Situations where the price of gold and the value of the Subfund diverge should occur very rarely. They will be usually convergent. The Subfund is actively managed.