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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Flows into commodities spiked again in June, fueled exclusively by precious metals funds (flows into all other commodities categories, except agriculture, were negative)," according to Morningstar's latest report.
Six energy-related ETFs and eight precious metals funds met the criteria.
Purchasing the stock of gold mining companies or investing in precious metals funds may provide some of the benefits of investing in gold without actually having to hold physical gold in an IRA.
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.
While the Standard & Poor's 500 Index returned nearly 11% that year, precious metals funds (which mainly own stocks of gold mining companies) lost more than 8%, on average.
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.
If you have a significant amount of wealth and are concerned about inflation it's not the end of the world to put 5% of your money in precious metals funds, but not commodities.
Precious metals funds have returned 25% per year through 2010, as gold went from about $265 an ounce to about $1,420.
WHAT MAKES PRECIOUS metals funds so attractive is that they offer investors the ability to gain unleveraged exposure to gold and other precious metals without taking delivery of physical metal or trading futures contracts.