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.
