Gold, precious metals, and
precious minerals funds may be susceptible to adverse economic, political or regulatory developments due to concentrating in a single theme.
Not exact matches
Under normal market conditions, the World
Precious Minerals Fund will invest at least 80 % of its net assets in common stock, preferred stock, convertible securities, rights and warrants, and depository receipts of companies principally engaged in the exploration for, or mining and processing of, precious minerals such as gold, silver, platinum group, palladium and d
Precious Minerals Fund will invest at least 80 % of its net assets in common stock, preferred stock, convertible securities, rights and warrants, and depository receipts of companies principally engaged in the exploration for, or mining and processing of,
precious minerals such as gold, silver, platinum group, palladium and d
precious minerals such as gold, silver, platinum group, palladium and diamonds.
In addition to investing in foreign and emerging markets, asset allocation
funds may be invested in: (1) exchange - traded
funds; (2) futures, options and other derivatives; (3) non-investment grade securities; (4)
precious metals and
minerals companies; (5) real estate investment trusts; and (6) money market instruments.
Normally at least 80 % of the
fund's assets will be invested in equity securities of domestic and foreign companies (including those located in emerging markets) principally engaged in the exploration, mining, or processing of gold and other
precious metals and
minerals, such as platinum, silver, and diamonds.
It aims to invest at least 80 % of its net assets in common stocks, preferred stocks and bonds of companies that operate in the
precious metals and
minerals sectors and obtain at least 50 % of their revenue from the exploration, development, mining, processing or dealing in
precious metals and
minerals and the common or preferred stocks of wholly owned subsidiaries of the
fund that invest in
precious metals and
minerals.