Midas Fund (MIDSX)

1.16
Net Asset Value
+0.87%
1 Day
-6.45%
Year-to-Date
Overall Morningstar Rating
Equity precious metals
Style or Category
No Load
Sales Expenses
3.39%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks primarily capital appreciation and protection against inflation and- secondarily- current income. In pursuit of its investment objectives- the fund invests at least 65% of its total assets in (i) securities (e.g.- common and preferred stocks- bonds- convertible securities- etc.) of companies primarily involved- directly or indirectly- in the business of mining- processing- fabricating- distributing or otherwise dealing in gold- silver- platinum- other precious metals- or other natural resources ("Natural Resources Companies") and (ii) gold- silver- and platinum bullion and coins. The fund is non-diversified.

Performance

1 month-8.66% 3 years+3.38%
3 months-4.92% 5 years-11.44%
1 year-13.43% Since inception-0.58%
Data through --

Peer Comparisonvs. Equity precious metals

 MIDSXCategory
Performance 5-yr return-11.44%-10.16%
Expense ratio3.39%1.42%
Risk 5 year sharpe ratio-0.19-0.06
Net assets$18.2M$636.3M
Average market cap$7.7B$3.5B
Average P/E25.623.1
Portfolio turnover2%2%

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Fund Management and Purchase Info

Fund familyMidas
Fund manager & tenureThomas Winmill / 16 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00

Holdings

International stock70.92%
U.S. stock19.86%
Fixed income9.29%
Cash0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 100.00%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
NEM Newmont Mining Corp8.57%
-- 8.21%
RIO Rio Tinto8.00%
GOLD Randgold Resources Ltd7.53%
-- 7.44%
GLD SPDR® Gold Shares7.28%
-- 5.09%
BHP BHP Billiton4.86%
CINR Ciner Resources LP4.42%
-- 4.06%