ASA Gold & Precious Metals Limited (ASA) is a non-diversified closed end fund, listed on the New York Stock Exchange. Founded in 1958, ASA invests primarily in companies involved in the exploration, mining or processing of precious metals and minerals.
The fund's stated objective is as follows:
ASA has a bottom up fundamental analysis and conducts thorough due diligence on potential investments through site visits, meetings with management and detailed financial models. ASA attempts to generate alpha by focusing on companies with high quality assets and strong management teams that are undervalued on an absolute