Two Resource Funds With Gains Ahead

Article Excerpt

Shares of many resource stocks (with the exception of gold stocks) have dropped lately on fears of an economic slowdown in the U.S. However, the long-term outlook for U.S. growth is positive. And meanwhile, China’s economy will likely grow 11% in 2008, and India’s 10%. Both are big resource-consuming countries. Here are two Aggressive resource funds that expose investors to two different levels of risk, measured by the stocks they hold. Both have done very well for us over the last few years. We think they have further gains ahead. TD RESOURCE FUND $32.78 (CWA Rating: Aggressive) (TD Asset Management, P.O. Box 7500, Station A, Toronto, Ontario. M5W 1P9. 1-800-386-3757; Web ite:www.tdcanadatrust.ca. No load — deal directly with the bank) invests in companies with superior asset bases, proven management and the ability to internally finance growth. The $259.3 million TD Resource Fund’s top stock holdings are mostly of ‘Average’ quality or higher. The fund’s holdings include Suncor Energy, EnCana Corporation, Talisman Energy Inc., Timminco Ltd.,…