Money Makers

UPDATE (Sep 2026): BERI returned -11.8% in the year to November 2023, +15.3% versus +0.5% for its new blended benchmark in the year to November 2024, and +23.5% versus +17.9% in the year to November 2025. The six months to May 2026 saw BERI return +26.7%, but its benchmark did even better with +36.8%. The new benchmark, officially used from August 2023, is a blended comparator index comprised of three indices – the MSCI ACWI Select Metals & Mining Producers Ex Gold and Silver IM (Mining), the MSCI World Energy Index (Traditional Energy) and S&P Global Clean Energy Transition Index (Ene...