Gold Funds With Quality Management

“Gold Funds With Quality Management”

 

I want to initially discuss one of my favorite funds, the U.S. Global Investors Gold and Precious Metals Fund. This trades under USERX.  USERX carries an annual expense ratio of 1.5%.

There is a $5,000 initial investment, but I have some other ideas if that is more than you have in mind. This is a very conservative fund that invests only in miners that are producing metal right now, so you don’t take on the risk of exploration. At the same time, of course, you also do not participate in the windfall that occurs when a junior company hits the mother lode.

If you’re like me and prefer the tinier companies, there is also the U.S. Global Investors World Precious Minerals Fund, and this trades under UNWPX. This similarly carries a $5,000 price tag and a 1.5% expense ratio annually.

Similar to USERX, this mutual fund boasts Frank Holmes as its manager, who won the 2006 “Mining Fund Manager of the Year” award by Mining Journal.

Moreover, UNWPX picked up the Lipper Fund Award as the top fund in its category for 2007 and 2008. Relative to USERX, UNWPX places just 80% of assets in producers. It then speculates with the junior resource companies with the remaining 20%.

About The Author

Scott

Scott is an estate & financial planning attorney who focused professionally on wills, trusts, estates, asset protection, LLC formation & business planning, and generational wealth through cutting edge & unconventional investment strategies. Today he helps entrepreneurs maintain legal compliance online and assists investors by helping them easily follow the financial decisions he's employed to build his own family wealth.