U.S. Global Investors Gold and Precious Metals Fund (USERX)

7.03
Net Asset Value
+1.30%
1 Day
-11.68%
Year-to-Date
Overall Morningstar Rating
Equity precious metals
Style or Category
No Load
Sales Expenses
1.86%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital plus protection against inflation and monetary instability; current income is a secondary objective. Under normal market conditions- the fund will invest at least 80% of its net assets in equity and equity-related securities of companies principally involved in the mining- fabrication- processing- marketing or distribution of precious metals including gold- silver- platinum group- palladium- as well as diamonds. The fund may also short positions in the fund's portfolio that are considered by the Adviser to be overvalued in an effort to realize a valuation discrepancy. The fund is non-diversified.

Performance

1 month-10.56% 3 years+8.92%
3 months-4.48% 5 years-6.41%
1 year-19.93% Since inception-0.08%
Data through --

Peer Comparisonvs. Equity precious metals

 USERXCategory
Performance 5-yr return-6.41%-10.16%
Expense ratio1.86%1.42%
Risk 5 year sharpe ratio-0.04-0.06
Net assets$93.2M$636.3M
Average market cap$809.4M$3.5B
Average P/E22.523.1
Portfolio turnover181%181%

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Fund Management and Purchase Info

Fund familyU.S. Global Investors
Fund manager & tenureFrank Holmes / 18 Years
Minimal initial investment$5,000.00
Minimum IRA investment--

Holdings

International stock70.92%
U.S. stock25.60%
Other1.72%
Cash1.39%
Fixed income0.38%
Top 5 Sectors
Portfolio weighting
Industrial materials 97.89%
Financial service 1.18%
Energy 0.81%
Healthcare 0.12%
Business service 0.00%
Top 10 Holdings
Portfolio weighting
-- 18.97%
-- 15.11%
-- 6.43%
-- 4.99%
-- 4.09%
-- 3.99%
NEM Newmont Mining Corp3.90%
-- 3.15%
-- 2.83%
-- 2.41%