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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During its tenure, Polar has invested in more than 10 Canadian precious metals funds and more than 75 Canadian closed-end products and has extensive expertise in structuring, managing and investing in complex investment products.
A Morningstar category average for equity precious metals funds was down nearly 21% for the year, a far cry from the run-up in gold prices over the same period.
equities, bonds and precious metals funds, along with a big allocation to inflation-protected bond funds to 80-week high of $512 million in the week ended Nov.
Precious metals funds dominated the upper end of the Lipper league table of over 130 funds in the third quarter.
According to Lipper, a Thomson Reuters Research division, Gold and Precious Metals funds domiciled in Europe delivered strong returns over one year (until end of April), increasing on average by 33.
1 out of 33 funds for the 10-year period in the Precious Metals Funds category for the eighth consecutive year.
Precious metals funds have returned 25% per year through 2010, as gold went from about $265 an ounce to about $1,420.
investors for platinum funds - and precious metals funds generally - during uncertain economic times.
1) Based on Consistent Return, Oppenheimer Equity Income Fund A shares was named Best-in-Class among 231 Equity Income funds for the three-year period ended 12/31/10 and Best-in-Class among 106 Equity Income funds for the ten-year period ended 12/31/10; Oppenheimer Gold & Special Minerals Fund A shares was named Best-in-Class among 50 Precious Metals funds for the five-year period ended 12/31/10.
When it comes to precious metals funds, it's good to know what you're in for.
ASA is one of the oldest gold and precious metals funds today.
A table depicting the performance of gold and precious metals funds can be found at the end of this release.