Fund Description

The fund was incepted in June 1998 and is managed by Tocqueville Asset Management L.P. The fund's investment objective is long-term capital appreciation. The fund invests at least 80% of its assets in gold and securities of companies located throughout the world that are engaged in mining or processing gold. The fund may invest a limited amount of its assets in other precious metals. The fund invests 10% of its assets directly in gold bullion and other precious metals. Dividends and capital gains are declared annually.