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 ?
VanEck International Investors Gold Fund, Class I (ticker: INIIX) was awarded a 2018 Thomson Reuters Lipper Fund Award for Best Fund over the 10-year period ending December 31, 2017 in the Precious Metals Equity Funds category, the company said.
UBL Gold Fund provides direct exposure to gold as an asset class; thus allowing reaping maximum benefits of investing in gold.
In the first quarter, Soros piled $124 million into the SPDR Gold Trust, the largest exchange-traded gold fund in the world.
Active Management Nor Gold Fund offers a simple way of investing in gold by having physical gold as an asset at the back while letting you make the most out of its appreciating value potential.
The company has twelve funds under its management with the latest addition of Meezan Gold Fund, launched in August 2015.
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.
to the Tocqueville Gold Fund and to certain members of Corvus management and directors.
20 he personally wouldn't invest more money into his own gold fund because it's not clear when inflation will quicken.
Gold, silver prices hit lowest since August 2010 - Biggest physical gold fund sees strongest outflow in 2 mths - Indian buying curbed by strong rupee, government policy Gold fell to its lowest in almost three years on Wednesday and was on course for a record quarterly loss after U.
It is one of the few funds in the region to be awarded a Gold fund grading and a five-year long-term grading by Standard & Poor's Capital IQ.