precious metals/gold fund

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Precious Metals/Gold Fund

A mutual fund or other investment company that invests predominantly or exclusively in securities related to gold or other precious metals. For example, it may invest in futures contracts or options in silver and platinum.

precious metals/gold fund

An investment company that maintains a portfolio that contains a two-thirds minimum of investments in securities connected with silver, gold, and other precious metals.
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12, 2015 /PRNewswire/ - Waterton Global Resource Management ("Waterton") today announced that it has reached an agreement whereby subsidiaries of Waterton Precious Metals Fund II Cayman, LP will purchase Barrick Gold Corporation's (NYSE:ABX)(TSX:ABX) ("Barrick") 70 percent interest in the Spring Valley project and 100 percent of the Ruby Hill mine for a total of $110 million in cash.
BMO GAM also claimed top honours for BMO Precious Metals Fund - Series A: Best Mutual Fund in the Precious Metals Equity Space (over five years); BMO Mid Corporate Bond Index ETF: Best Fund in the Canadian Fixed Income Space (over three years) and BMO Junior Gas Index ETF: Best Fund in the Energy Equity Space (over three years).
Chaparral Gold has inked a deal with Waterton Precious Metals Fund II Cayman and Goldrock Mines.
Replacing bonds with metals -- With the same stock percentage, you invest 40 percent in a precious metals fund instead of bonds.
On the flip side, Birla Sun Life Global Precious Metals Fund has given a return of only 0.
We consider the current weakness in gold as temporary and also the slump in commodity prices should come to an end soon," said Kurt Hug, an investment adviser for the Antares Precious Metals Fund.
While acknowledging it's a difficult industry in terms of not getting that leverage to the gold price, looking long term on a five year horizon, Steve Land, who co-manages the Franklin Gold and Precious Metals Fund with Frederick Fromm, believes it is still a portfolio opportunity, though he points out that exposure to gold in any form should be 10 per cent or less.
The new FTIF Franklin Gold and Precious Metals Fund seeks to achieve capital appreciation by investing at least 80 per cent of its net assets in companies around the world that mine, process or deal in gold and other precious metals such as platinum, palladium and silver.
ABA509) The Evergreen Precious Metals Fund - Michael Bradshaw - Evergreen Investment Management.
According to The Wall Street Journal, the Global Resources Fund (PSPFX) ranked 12th, the World Precious Minerals Fund (UNWPX) ranked 13th, and the Gold and Precious Metals Fund (USERX) ranked 24th, respectively.
to sell its 30% interest in the Spring Valley joint venture to a subsidiary of Waterton Precious Metals Fund II Cayman, LP.
Lawrence Smith, vice president Equity Research, Mining Specialist will co-manage the CIBC Precious Metals Fund and Brian See, vice president Equity Research, Energy Specialist will co-manage the CIBC Energy Fund.