Gold & Silver Funds
Precious metals sector has been performing poorly for the past 4 years. In 2015, this sector has been lagging other sectors. Whether it is a bear market again, investors need to observe this sector more closely. As one of the precious metals, gold is among the top investment for most investors. The other precious metals include silver, palladium, and platinum.
The following top performing gold mutual funds are sorted based on its year to date performance in 2015. You can buy these funds for your investment brokerage account or retirement account (traditional IRA or Roth IRA). You may also invest in 401k plan if this gold fund is available for investing.
Top 10 equity precious metals mutual funds in 2015 are:
- U.S. Global Investors Gold and Precious Metals Fund (USERX)
- U.S. Global Investors World Precious Minerals Fund (UNWPX)
- First Eagle Gold Fund Class A (SGGDX)
- Fidelity Select Gold Portfolio Fund (FSAGX)
- Franklin Gold and Precious Metals Fund Class A (FKRCX)
- Vanguard Precious Metals And Mining Fund (VGPMX)
- Gabelli Gold Fund Class AAA (GOLDX)
- Gabelli Gold Fund Class A (GLDAX)
- Invesco Gold and Precious Metals Fund (FGLDX)
- OCM Gold Fund (OCMGX)
U.S. Global Investors Gold and Precious Metals Fund
This U.S. Global Investors Gold and Precious Metals Fund utilizes its assets to purchase stocks of companies involved in the mining, fabrication, processing, marketing or distribution of precious metals including gold, silver, platinum group, palladium and diamonds. The fund managers are Frank E. Holmes and Ralph P. Aldis. It has small assets of $55 million. Its expense fee is 1.88%.More: Top 10 Precious Metals and Minerals ETFs 2011
Morningstar has ranked this mutual fund with 4 stars rating. In 2015, it has year to date return of -7.75%. This top precious metal fund has 3 year annualized return of -24.14%.
Top 3 stocks are Klondex Mines Ltd, Osisko Gold Royalties Ltd, and Kirkland Lake Gold Inc. Top 2 sectors are basic materials (99%) and consumer cyclical.
First Eagle Gold Fund
This First Eagle Gold Fund is a popular equity precious metal mutual fund. The fund manager is Matthew B. McLennan. Its expense fee is 1.27% per year. This class A fund has a high sales load of 5%. It has $816 million of assets.More: Top 12 Best Precious Metals Mutual Funds 2012
Ranked with 5 stars rating by Morningstar, it has annualized return of -35.52%. It has returned -23.29% over the past 3 year, and -14.53% over the past 5 years. The past 3 year performance:
- Year 2015: -17.94% (YTD)
- Year 2014: -2.41%
- Year 2013: -46.99%
- Gold Commodity In Ounces
- Agnico Eagle Mines
- Royal Gold Inc
- Newcrest Mining Ltd
- Randgold Resources Ltd ADR
Fidelity Select Gold Portfolio Fund
Fidelity Select Gold Portfolio Fund is investing in stocks of companies involve in manufacturing of precious metals such as gold, silver, diamond, etc. This fund has $967 million of assets. There is no dividend yield. The portfolio turnover rate is 20%. Its expense fee is 0.90%.More: Best Performing Gold Mutual Funds 2014
Precious Metals Fund Performance
| No | Fund Name | Ticker | YTD Return % |
|---|---|---|---|
| 1 | U.S. Global Investors Gold and Precious Metals Fund | USERX | -8.72 |
| 2 | U.S. Global Investors World Precious Minerals Fund | UNWPX | -17.05 |
| 3 | First Eagle Gold Fund Class A | SGGDX | -17.58 |
| 4 | Fidelity Select Gold Portfolio | FSAGX | -18.92 |
| 5 | Franklin Gold and Precious Metals Fund Class A | FKRCX | -19.24 |
| 6 | Vanguard Precious Metals And Mining Fund Investor Shares | VGPMX | -19.66 |
| 7 | Gabelli Gold Fund Class AAA | GOLDX | -19.77 |
| 8 | Gabelli Gold Fund Class A | GLDAX | -19.81 |
| 9 | Invesco Gold and Precious Metals Fund Class Investor | FGLDX | -20.21 |
| 10 | OCM Gold Fund Investor Class | OCMGX | -22.2 |
No comments:
Post a Comment