Gold and precious metals equities as measured by the s p bmi gold and precious metals index non sharia compliant gained 6 12 during the period.
Deutsche gold and precious metals fund fact sheet.
The sprott physical gold and silver trust nyse arca.
We have a history as pioneers in portfolio management in this specialized sector.
Our team brings valuable background in geology and mining finance important to understanding the technical side of the business.
As of 08 31 2020 the fund had an overall rating of 4 stars out of 60 funds and was rated 5 stars out of 60 funds 5 stars out of 59 funds and 3 stars out of 47 funds for the 3 5 and 10 year periods respectively.
About the gold and precious metals fund.
Prior to 9 23 19 this fund was known as dws mid cap value fund.
The index is a rules based index composed of futures contracts on two of the most important precious metals gold and silver.
January 05 2007 shares are not fdic insured may lose value and have no bank guarantee.
Cef currently holds approximately 1 442 million ounces of gold and 60 395 million ounces of silver.
Class a shares at nav march 31 2010 march 31 2020 invesco gold precious metals fund 5 538 performance of a 10 000 investment.
Prior to 7 29 19 this fund was known as dws multi asset global allocation fund.
Gold bullion holdings are limited to 10.
The strategy and management team also changed at that time.
Cef provides investors with exposure to both precious metals at a time when demand is very high and access is becoming more difficult due to disruptions in the global mining supply chain.
The fund and the index are rebalanced and reconstituted annually in november.
1dbiq optimum yield precious metals index tr 2the s p gsci precious metals index is a world production weighted index consisting of two precious metals commodities in the world economy including futures contracts for gold and silver.
Gold etfs had net inflows of 2 78mm oz or about 2 8 of total known gold etfs.
The gold and precious metals fund is the first no load gold fund in the u s.
A single page data sheet describing the franklin gold and precious metals fund s objective portfolio holdings and performance.
The fund management objective strategy and risks also changed at that time.
The fund is designed for investors who want a cost effective and convenient way to invest in commodity futures.
An active fundamental approach focused predominately on gold precious metal mining company equities trading at attractive valuations.
Platinum was the only precious metal that had a negative return of 1 02.
Franklin gold and precious metals fund fact sheet author.