Description

The primary objective of this fund is to achieve capital appreciation for its shareholders, with a secondary aim to deliver current income through dividends or interest generated by its investments. It is standard practice for the fund to commit at least 80% of its net assets to securities issued by companies engaged in gold and precious metals operations. These companies may be situated globally, although the fund generally prioritizes investments in non-U.S. firms. The fund's strategy allows it to invest in companies of any market capitalization, and it frequently concentrates a significant portion of its assets in small- and mid-sized enterprises. This is a non-diversified fund.