HOME ZACKS RESEARCH FUNDS PORTFOLIO BROKER RESEARCH MARKETS SCREENING VIDEO EDUCATION SERVICES
ETFs    Mutual Fund #1 Ranked    Top Funds    Screener    Compare Funds    FAQ    Help    
Quote:
Login Free Membership
Search:

Best of Funds  

Top Precious Metals Equity Funds

Share
August 20, 2009 |Comments: 1
Recommended this article (0)

Today we are featuring top-performing “Precious Metals" equity mutual funds, which primarily invest in equity securities companies that are involved in mining of gold and other precious metals.

Investors can find such funds by checking out the entire list of the Zacks #1 Rank Precious Metals Equity Funds.

3 Precious Picks

U.S. Global Investors World Precious Minerals (UNWPX) seeks long-term growth of capital plus protection against inflation and monetary instability. It is non-diversified.

The fund primarily invests in equity securities of companies engaged in the exploration, mining or processing of precious minerals such as gold, silver, platinum group, palladium and diamonds. It invests at least 40% of assets in securities of companies that are economically tied to at least three countries other than the U.S.

The fund’s key holdings include Randgold Resources Ltd. (GOLD), Jaguar Mining Inc. (JAG) and Silvercorp Metals Inc. (SVM).

Van Eck International Investors Gold (INIVX) was incepted in February 1956. The investment seeks long-term capital appreciation, with current income as a secondary consideration.

The fund mainly focuses gold-mining companies, as well as in instruments that derive their value from gold, and in gold coins and bullion. It may invest up to 20% of total assets in securities issued by other investment companies, including open-end and closed-end funds and exchange-traded funds.

Joseph M. Foster has been lead manager at the fund since July 1998. The fund has topped the total returns of its benchmark index in the last 1-, 3- and 5-year periods.

Franklin Gold and Precious Metals A (FKRCX) seeks capital appreciation. The investment has a secondary goal of current income.

The fund expects to invest a substantial portion of assets in small- and mid-cap companies. It may buy securities of companies mining gold and precious metals anywhere in the world but focuses on companies located outside the U.S.

Unit holders have to make a minimum initial investment of $1,000 to enter this Zacks#1 Rank (“Strong Buy”) fund. It has an expense ratio of 1.02%.

Discover Many More Funds

Learn more about the new Zacks Mutual Fund Rank and discover some of the best market-beating mutual funds by browsing our new mutual funds section. This part of Zacks.com offers a variety of tools, including mutual fund research, a new mutual fund screener, helpful answers to frequently asked questions and quick access to prospectuses and other information.

By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward.

 

Read the full analyst report on UNWPX

Read the full analyst report on INIVX

Read the full analyst report on FKRCX

Top Mutual Funds from Zacks
 
Add a Comment

Please login or register to post a comment


Email

Print

Share

Rate Pos

Rate Neg

Comment

More Zacks Resources

Market Summary Feb 10, 2012 18:16 pm ET
DJIA 12801.23  -89.23 -0.69%
NASD 2903.88  -23.35 -0.80%
S&P 500 1342.64  -9.31 -0.69%
Partner Center