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Re: TeamTOC post# 56349

Saturday, 09/17/2016 11:14:13 AM

Saturday, September 17, 2016 11:14:13 AM

Post# of 63744
Morningstar's entry for 66,373,488 shares owned by BlackRock Fund Managers Ltd. is wrong.


If you look at this document of blackrock world mining trust you will see why:
https://www.blackrock.com/uk/individual/literature/interim-report/blackrock-world-mining-trust-plc-half-yearly-financial-report-interim-report.pdf

Blackrock world mining trust's investment in Banro consists entirely of gold-linked preference shares and zero common shares. But morningstar is erroneously treating this holding as if it were in common shares.

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