Fund Details
| UNWPX | 11/27/1985 | Growth Fund | $1000 USD | 30 Days | 0.70% annually | Low |
Precious Minerals Fund
About The World Precious Minerals Fund
The World Precious Minerals Fund complements our Gold and Precious Metals Fund by giving investors increased exposure to junior and intermediate mining companies for added growth potential. With a high level of expertise in this specialized sector, our portfolio management team includes professionals with experience in geology, mineral resources and mining finance.
Fund Objective
The World Precious Minerals Fund seeks long-term growth of capital while providing protection against inflation and monetary instability.
Fund Strategy
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 diamonds. The fund focuses on selecting junior and intermediate exploration companies from around the world.
The fund’s benchmark is the NYSE Arca Gold Miners Index.
Fund Performance
As of First Quarter 2023
| YTD | 1YR | 3YR | 5YR | 10YR |
|---|---|---|---|---|
| 4.62 | -31.18 | -1.26 | -4.84 | 2.27 |
Sector Allocation
As Per Most Recent Data
-
Gold
% 43.4
-
Precious Metals
% 44.1
-
Other
% 11.47
-
Cash
% 1.03
- Gold % 43.4
- Precious Metals % 44.1
- Other % 11.47
- Cash % 1.03