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What is a gold mutual fund? What are the common gold mutual funds?
What is a gold mutual fund? Gold funds pursue capital appreciation. These funds invest in stocks of gold mining companies, gold dealers and companies engaged in the processing of precious metals such as gold. According to the data of Morningstar, an international authoritative rating agency, at least 65% of its total assets must be invested in gold or shares of gold mining companies or companies whose business is related to precious metals before considering investing in gold funds.

Gold mutual fund is a kind of mutual fund, which is organized by fund sponsors and subscribed by investors. Fund management companies are responsible for specific investment operations, with gold or gold derivatives as the investment medium. It is managed by an investment committee. Gold mutual fund has less investment risk and stable expected annualized income, which has the same characteristics as well-known securities investment funds.

Gold * * * The same fund is a good investment choice and can benefit from gold without physical gold. Like all other funds, gold funds are managed by appointed managers. The fund manager decided to manage the stocks or bonds in the fund pool in different proportions.

The price of the same fund will not change during the trading day. The fund is priced at the end of the trading day, and only after that can people buy and sell the same fund at this price.

What are the common gold funds? Some common gold funds are Franklin Gold and Precious Metals Fund (MUTF: FKRCX), Pioneer Precious Metals and Mining Fund Investor Shares (mutf: vgpmx) and American Century Global Gold (MUTF: BGEIX).