| Ticker: | SGGDX |
| Manager: | Rachel Benepe |
| Manager Since: | 02/09 |
| NAV (05/17/2013): | 17.36 |
| Objective: | Equity - Sector Prec Metals |
| Peer: | PM LG |
| Net Assets ($mil): | 1535.00 |
| Inception: | 08/31/1993 |
The fund was incepted in October1993 and is managed by Arnhold and S. Bleichroeder Advisers, LLC. The investment objective of the fund is growth of capital in the context of investing primarily in gold and/or securities directly related to gold or of companies engaged in mining, processing, dealing in or holding gold, both in the United States and in foreign countries. Under normal circumstances, at least 80% of the value of the fund's total assets are invested in gold and/or securities (which may include both equity and, to a limited extent, debt securities) directly related to gold or of issuers principally engaged in the gold industry, including securities of gold mining finance companies as well as operating companies with long, medium or short-life mines. Up to 20% of the fund's assets may be invested in equity and, to a limited extent, debt securities unrelated to gold or the gold industry where the adviser bel...
| Stocks | 75.18% |
| Foreign Stocks | 62.00% |
| Cash | 0.02% |
| Bonds | 2.33% |
| Foreign Bonds | 0.00% |
| Preferred | 0.16% |
| Convertible | 1.14% |
| Other | 21.18% |
| Foreign Hedged | 0.00% |
| Large Growth | 12.93% |
| Large Value | 0.00% |
| Small Growth | 0.00% |
| Small Value | 0.00% |
| Foreign Stock | 12.93% |
| Emerging Market | 11.53% |
| Precious Metals | 69.90% |
| Intermediate Bond | 0.00% |
| High Yield Bond | 0.00% |
| Foreign Bond | 0.00% |
| Beta v. S&P 500 | 0.10 |
| Beta v. EAFE | 0.25 |
| Beta v. Barclays Agg Bond | 1.21 |
| Alpha 3 Yr | -9.97 |
| Alpha 5 Yr | 0.80 |
| R-Sq 3 Yr | 0.04 |
| R-Sq 5 Yr | 0.09 |
| Std Dev 3 Yr | 24.20 |
| Std Dev 5 Yr | 31.31 |
| Sharpe 3 Yr | -0.26 |
| Sharpe 5 Yr | 0.13 |
| Expense Ratio | 0.89 |
| % Max Load | 5.00 |
| % Min Load | 0.00 |
| % Deferred Load | NA |
| % Redemption | 2.00 |
| % Max 12 B1 Fee | 0.25 |
| % Max Mgt Fee | 0.75 |
| Min Initial Investment | 2500 |
| Min Subsequent Investment | 100 |
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | YTD | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NAV ($) | 17.41 | 16.52 | 20.34 | 20.84 | 23.97 | 19.45 | 26.70 | 33.95 | 28.94 | 27.37 | 17.36 |
| Total Return (%) | 39.43 | -5.11 | 26.24 | 21.29 | 23.50 | -14.25 | 39.18 | 34.65 | -11.11 | -5.14 | -27.91 |
| Annual Dividend Yield (%) | 3.05 | 0.00 | 2.30 | 2.94 | 2.96 | 0.00 | 1.35 | 1.97 | 1.24 | 0.28 | 0.39 |
| Relative Performance | |||||||||||
| Rel Performance-S&P500(%) | 107.41 | -159.85 | 213.58 | 55.01 | 180.08 | 227.51 | 127.60 | 195.86 | -132.14 | -211.38 | -406.57 |
| Rel Performance-Obj.Ret.(%) | -176.80 | 13.05 | -62.33 | -100.61 | -13.89 | 146.47 | -101.08 | -26.88 | 81.57 | 31.42 | -0.43 |
| Ret.Quintile vs Obj(1 is best) | 5 | 2 | 4 | 5 | 4 | 1 | 5 | 5 | 1 | 2 | 1 |
| Turnover, Yields, and Gains | |||||||||||
| Fund Assets Net($mil) | 450 | 516 | 570 | 774 | 890 | 480 | 1,325 | 1,900 | 1,834 | 1,535 | 1,535 |
| Annual Turnover (%) | 0.98 | 3.61 | 22.00 | 32.26 | 16.37 | 8.74 | 3.00 | 5.50 | 13.26 | 9.19 | 0.00 |
| Annual Dividend Paid ($) | 0.56 | 0.00 | 0.49 | 0.73 | 0.77 | 0.00 | 0.38 | 0.73 | 0.39 | 0.08 | 0.00 |
| Annual Capital Gains Paid($) | 0.00 | 0.00 | 0.00 | 3.06 | 0.96 | 1.06 | 0.00 | 1.21 | 0.90 | 0.00 | 0.00 |
| 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | 15 Year | 20 Year | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Return (through 05/13) | -15.06% | -22.44% | -33.73% | -27.91% | -26.95% | -8.78% | -0.52% | 10.44% | 10.51% | NA |
| Ret. Percentile vs. Obj. (1 is best) | 15 | 15 | 15 | 18 | 14 | 15 | 4 | 52 | 3 | NA |
| Average Price/Earnings | 49.84 |
| Average Price/Book | 4.39 |
| Average EPS Growth | 17.20 |
| Average Market Value | 16,542.00 |
| Name | Weight | Shares |
|---|---|---|
| AGNICO EAGLE MINES LTD | 7.52 | 4,100,010 |
| GOLDCORP | 5.51 | 3,743,920 |
| RANDGOLD RESOURCES LTD | 4.92 | 1,264,736 |
| ANGLOGOLD ASHANTI SPON ADR | 4.67 | 4,228,440 |
| BARRICK GOLD CORP | 3.91 | 2,971,546 |
| KINROSS GOLD CORP | 4.48 | 13,800,672 |
| FRESNILLO PLC | 4.23 | 4,197,841 |
| NEWMONT MINING CORP | 4.13 | 2,330,777 |
| NEWCREST MINING LTD | 4.56 | 5,106,092 |