Fund Description

The fund was incepted in August 1988 and is managed by Deutsche Investment Management Americas Inc. The fund seeks maximum return (principal change and income) by investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in common stocks and other equities of US and foreign companies engaged in activities related to gold, silver, platinum or other precious metals, and in gold coin and bullion directly. The fund invests 20% of its net assets in high-quality debt securities of companies in precious metals and minerals operations, and debt securities whose return is linked to precious metals prices. Dividends and capital gains are distributed annually in December.