Gold Funds Joan Haim Early or anyone. Comments on any of these? Timing? Too late? Wait for a pullback? Average in?
Some of these have been discussed but I thought I would keep a nice list together.
Gold Funds eaglewing.com The expenses on some of these are too high.
This one has the better charts and yearly gains as well as the lowest expenses. biz.yahoo.com American Century Global Gold Fund seeks capital appreciation and current income. The fund normally invests at least 65% of assets in securities of issuers engaged in mining, processing, or dealing with gold or other precious metals; it typically maintains investments in at least three countries, including the United States. It may invest in common stocks, convertible securities, preferred stocks, debt securities, and American depositary receipts. The fund may also purchase gold directly. This fund is non-diversified.
This one has the best performance with moderate expenses. biz.yahoo.com Tocqueville Gold Fund seeks long-term capital appreciation. The fund invests at least 65% of assets in gold and securities of companies located throughout the world that are engaged in mining or processing gold. It may also invest in other precious metals and securities of companies that are engaged in mining or processing other precious metals. However, no more than 10% of assets may be invested directly in gold bullion and other precious metals. The fund follows a value approach to investing.
Also to consider for a combination of currency plays and Gold is biz.yahoo.com Prudent Safe Harbor Fund seeks current income and capital appreciation. The fund invests in liquid securities issued by major industrialized nations and other countries with sound economic and financial systems. The fund attempts to capitalize on currency fluctuations by investing in securities issued by governments whose currency is believed to appreciate in relative value. It also invests in equity securities of companies that mine gold and gold bullion.
Those looking for the best in International Bond Funds may wish to consider this Company biz.yahoo.com American Century International Bond Fund seeks total return. The fund normally invests at least 65% of assets in government bonds rated AAA or of comparable quality. The average maturity ranges between two and 10 years. The fund may invest in debt issued by governments of the following countries: Austria, Belgium, Denmark, Finland, France, Germany, Italy, the Netherlands, Norway, Spain, Sweden, Switzerland, the United Kingdom, Japan, Canada, United States, and Australia. This fund is non-diversified. |