Wells Fargo Precious Metals C Fund (EKWCX - Free Report) seeks long-term capital growth and protection of purchasing power of capital. EKWCXinvests at least 80% of its assets in common stocks of companies that are engaged in, or which receive at least 50% of their revenue from other companies engaged in exploration, mining, processing or dealing in gold or other precious metals and minerals.
This Sector - Precious Metal producthas a history of positive total returns for over 10 years. Specifically, the fund’s return over the 3 year benchmark is 1.4%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
The Wells Fargo Precious Metals C fund, as of the last filing, allocates their fund in top two major groups; Precious Metal and Intermediate Bond. Further, as of the last filing, Randgold Resources Ltd, Newmont Mining Corp and Agnico Eagle Mines Ltd were the top holdings for EKWCX.
This Zacks Rank #2 (Buy) was incepted in January 1978 and is managed by Wells Fargo. EKWCX carries an expense ratio of 1.84% and requires a minimal initial investment of $1,000.
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