Can you guess which is the best performing asset in the last one year and so far in 2016? If you think it is gold, you are slightly off the mark. The answer is equity mutual funds (MFs) that invest in global funds which, in turn, own shares in gold mining companies. These `feeder funds' have surged over 100% so far in 2016 and gained in excess of 80% in the last one year. This is about four times the returns generated by gold during the period.
Stocks of global gold and silver mini ..