SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: goldsheet who wrote (87529)6/29/2002 12:47:51 AM
From: goldsheet  Read Replies (1) | Respond to of 116791
 
Vanguard Closes Precious Metals Fund to New Investments

"Mr. Brennan noted that cash inflows into the $628 million fund have risen concurrently with the fund's strong 50.7% year-to-date return (through May 31, 2002). The fund garnered $124 million in new cash flow during the first five months of 2002, versus only $400,000 in net new cash flow for all of 2001. Compounding the challenge of investing cash flows is ongoing consolidation in the industry, which has limited the universe of investable securities. Currently the fund holds only 28 stocks, and the ten largest positions represent 74% of assets. "

FULL STORY: biz.yahoo.com