The strategy and management team also changed at that time.
Deutsche gold and precious metals fund fact sheet.
An active fundamental approach focused predominately on gold precious metal mining company equities trading at attractive valuations.
The investment objective and policy of this sub fund is to achieve capital appreciation in the medium to long term by investing in a portfolio of sharia observant equity and equity related securities including without limitation depositary receipts and convertible securities but excluding preferred shares bonds convertible bonds and warrants listed or traded on recognised exchanges of companies engaged in activities related to gold silver platinum or other precious metals or minerals.
Class a shares at nav march 31 2010 march 31 2020 invesco gold precious metals fund 5 538 performance of a 10 000 investment.
Prior to 9 23 19 this fund was known as dws mid cap value fund.
Gold and precious metals equities as measured by the s p bmi gold and precious metals index non sharia compliant gained 6 12 during the period.
January 05 2007 shares are not fdic insured may lose value and have no bank guarantee.
The index is a rules based index composed of futures contracts on two of the most important precious metals gold and silver.
Our team brings valuable background in geology and mining finance important to understanding the technical side of the business.
Morningstar rating overall rating equity precious metals category.
Franklin gold and precious metals fund fact sheet author.
The fund management objective strategy and risks also changed at that time.
The sprott physical gold and silver trust nyse arca.
Cef provides investors with exposure to both precious metals at a time when demand is very high and access is becoming more difficult due to disruptions in the global mining supply chain.
A single page data sheet describing the franklin gold and precious metals fund s objective portfolio holdings and performance.
Gold bullion holdings are limited to 10.
Platinum was the only precious metal that had a negative return of 1 02.
The fund s objective and strategy also changed at.
Gold etfs had net inflows of 2 78mm oz or about 2 8 of total known gold etfs.
Cef currently holds approximately 1 442 million ounces of gold and 60 395 million ounces of silver.
The fund is designed for investors who want a cost effective and convenient way to invest in commodity futures.
We have a history as pioneers in portfolio management in this specialized sector.
1dbiq optimum yield precious metals index tr 2the s p gsci precious metals index is a world production weighted index consisting of two precious metals commodities in the world economy including futures contracts for gold and silver.
About the gold and precious metals fund.
Prior to 7 29 19 this fund was known as dws multi asset global allocation fund.