gold fund

Gold Mutual Fund

A mutual fund or other investment company that invests predominantly or exclusively in securities related to gold. For example, it may invest in futures contracts or options in gold itself or in stock in gold mining companies. See also: Precious Metals Fund.

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.

gold fund

An investment company with all or a major part of its assets in gold or gold-related securities. A gold fund's price, which is closely related to the value of gold, frequently moves opposite the prices of other securities and stock market indexes.

Gold fund.

Gold funds are mutual funds or exchange traded funds (ETFs) that purchase shares in gold mining companies, companies that process and distribute gold, and sometimes the gold itself.

Investors purchase gold funds as a hedge against inflation and international instability -- both economic and political. Since the performance of gold as an asset class is not correlated to the performance of stocks, bonds, and cash, by adding such a fund to your portfolio you can help protect it against systematic risk.

Gold funds tend to be extremely volatile, so fund managers try to minimize risk by investing in a diversified portfolio, often purchasing shares in companies that operate in different regions of the world.

References in periodicals archive ?
The company has twelve funds under its management with the latest addition of Meezan Gold Fund, launched in August 2015.
1, 2015 /PRNewswire/ -- Alex Stanczyk has been appointed to serve as Managing Director of Physical Hard Assets Fund SPC and Physical Gold Fund SP.
Global Banking News-May 26, 2015--China launches new gold fund
However, from mid-August to November the average gold fund has dropped 30 per cent, leading to a year to date loss of over 15 per cent.
Paulson's $400 million PFR Gold Fund was up 11 per cent year-to-date through the end of September, according to a person familiar with his firm.
20 he personally wouldn't invest more money into his own gold fund because it's not clear when inflation will quicken.
Top gold analyst John Hathaway, from the Tocqueville Gold Fund (MUTF:TGLDX), told the King World News (http://kingworldnews.
8 announced the approval of its new Physical Gold Fund SP.
Markaz has announced that Standard & Poor's (S&P) has upgraded Markaz Fund for Excellent Yields - Mumtaz to Gold Fund Grading.
For frequent traders, the SPDR's liquidity makes it a good choice since its volume in terms of shares (more than 3 million daily) and options traded is the highest of any gold fund.
Actually, I own shares in a gold fund, an ETE It's nice because I don't have to worry about all the problems that go along with actually storing gold.
Recommendation Investments in the most efficient and profitable gold-mining companies with confirmed placer gold deposits of C1 category Co UFS Gold Fund