Midas Fund (MIDSX)

1.19
Net Asset Value
-0.83%
1 Day
-4.03%
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+6.25% 3 years+5.62%
3 months-5.56% 5 years-5.75%
1 year-5.56% Since inception-0.84%
Data through --

Peer Comparisonvs. Equity precious metals

 MIDSXCategory
Performance 5-yr return-5.75%-8.06%
Expense ratio3.39%1.41%
Risk 5 year sharpe ratio-0.16-0.04
Net assets$16.3M$582.2M
Average market cap$5.1B$3.3B
Average P/E23.220.6
Portfolio turnover10%10%

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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 stock57.17%
U.S. stock21.78%
Fixed income21.07%
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 Corp10.60%
-- 9.78%
GLD SPDR® Gold Shares8.94%
-- 8.22%
GOLD Randgold Resources Ltd7.49%
-- 7.05%
CINR Ciner Resources LP5.89%
-- 4.56%
-- 4.32%
-- 4.25%