Top-performing Gold Funds in Golden Fever
The economic crash of 2008 is creating a new fever: The golden fever. Since the investor worried about the safety of hard-earning money, they have put into stock and cash because of inflation or any possible economic cataclysm. They are seeking for more option to protect themselves, as an investor admits: "I don't know that the economy is going to fall off a cliff, but in case it does, I want to have some options."
Gold seems to be a rational investment in time of economic uncertainty, an excellent hedge against inflation, and stock market collapse. So, when the gold is on the rise, investors tend to give up some traditional stocks and turn their interest to gold mutual fund.
Here are top gold funds that have delivered the best performance and ensured their investors good return over the past five years.
Van Eck International Investors Gold
5-year avg total return: 29.15%
Expense ratio: 1.43%
Asset size: $1.8 billion
When gold is on the rise, not all gold funds are created equally. In that case, the performance of INIXV is too impressive with gold stock investors, with 29% annual returns, including reinvested dividends. Fund manager Joe Foster has his biggest bets in miners Kinross Gold, Agnico-Eagle Mines, and Goldcorp.
USAA Precious Metals and Minerals
5-year avg total return: 28.26%
Expense ratio: 1.19%
Asset size: $2.5 billion
USAGX looks for low-cost gold producers that can survive even if prices down to cliff. They also buy fast growing miners if the stocks are reasonably priced.
Oppenheimer Gold & Special Minerals
5-year avg total return: 27.89%
Expense ratio: 1.12%
Asset size: $5 billion
Like other top gold funds, OPGSX focuses on big miners -- Kinross Gold in Canada and Newcrest Mining in Australia. These producers contributed to help produce impressive 28% annualized returns for this fund since 2005.
Tocqueville Gold
5-year avg total return: 26.17%
Expense ratio: 1.5%
Asset size: $2.5 billion
The fund manager, John Hathaway focused his investment in small and medium size miners like Osisko Mining and Ivanhoe Mines. As the result of his wise decision, Tocqueville (TGLDX) has risen 54% in the past year.
Franklin Gold and Precious Metals
5-year avg total return: 25.81%
Expense ratio: 0.95%
Asset size: $4.2 billion
The fund diversifies its portfolio with gold miners, silver and platinum miners as well as other precious metal miners. It's marketed as an inflation hedge and diversification tool. The reason for the great return of the fund is buying companies like Newcrest Mining, Centerra Gold and Nevsun Resources.
Related links:
Top Stock Picks of Tech-Fund Managers
Best stock to buy: Stock Market Secret
Top Precious Metals Funds
http://gold.ezinemark.com/top-performing-gold-funds-in-golden-fever-7736859371f0.html
Gold seems to be a rational investment in time of economic uncertainty, an excellent hedge against inflation, and stock market collapse. So, when the gold is on the rise, investors tend to give up some traditional stocks and turn their interest to gold mutual fund.
Here are top gold funds that have delivered the best performance and ensured their investors good return over the past five years.
Van Eck International Investors Gold
5-year avg total return: 29.15%
Expense ratio: 1.43%
Asset size: $1.8 billion
When gold is on the rise, not all gold funds are created equally. In that case, the performance of INIXV is too impressive with gold stock investors, with 29% annual returns, including reinvested dividends. Fund manager Joe Foster has his biggest bets in miners Kinross Gold, Agnico-Eagle Mines, and Goldcorp.
USAA Precious Metals and Minerals
5-year avg total return: 28.26%
Expense ratio: 1.19%
Asset size: $2.5 billion
USAGX looks for low-cost gold producers that can survive even if prices down to cliff. They also buy fast growing miners if the stocks are reasonably priced.
Oppenheimer Gold & Special Minerals
5-year avg total return: 27.89%
Expense ratio: 1.12%
Asset size: $5 billion
Like other top gold funds, OPGSX focuses on big miners -- Kinross Gold in Canada and Newcrest Mining in Australia. These producers contributed to help produce impressive 28% annualized returns for this fund since 2005.
Tocqueville Gold
5-year avg total return: 26.17%
Expense ratio: 1.5%
Asset size: $2.5 billion
The fund manager, John Hathaway focused his investment in small and medium size miners like Osisko Mining and Ivanhoe Mines. As the result of his wise decision, Tocqueville (TGLDX) has risen 54% in the past year.
Franklin Gold and Precious Metals
5-year avg total return: 25.81%
Expense ratio: 0.95%
Asset size: $4.2 billion
The fund diversifies its portfolio with gold miners, silver and platinum miners as well as other precious metal miners. It's marketed as an inflation hedge and diversification tool. The reason for the great return of the fund is buying companies like Newcrest Mining, Centerra Gold and Nevsun Resources.
Related links:
Top Stock Picks of Tech-Fund Managers
Best stock to buy: Stock Market Secret
Top Precious Metals Funds
http://gold.ezinemark.com/top-performing-gold-funds-in-golden-fever-7736859371f0.html
