1 / 5 Stars
1 1 1 1 5
Zacks Investment Research
Standard & Poor's
2 / 5 Stars
#17 in Equity Precious Metals
U.S. News evaluated 20 Equity Precious Metals Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 20.90 percent over the past year, -28.81 percent over the past three years, -9.06 percent over the past five years, and -0.32 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||17.4%|
|3 Years (Annualized)||-28.8%|
|5 Years (Annualized)||-9.1%|
|10 Years (Annualized)||-0.3%|
The investment seeks primarily capital appreciation and protection against inflation and, secondarily, current income. In pursuit of its investment objectives, the fund invests at least 65% of its total assets in (i) securities (e.g., common and preferred stocks, bonds, convertible securities, etc.) of companies primarily involved, directly or indirectly, in the business of mining, processing, fabricating, distributing or otherwise dealing in gold, silver, platinum, other precious metals, or other natural resources ("Natural Resources Companies") and (ii) gold, silver, and platinum bullion and coins. The fund is non-diversified.
Fees are High compared to funds in the same category.
Midas Fund has an expense ratio of 2.96 percent.
Risk is High compared to funds in the same category according to Morningstar.