Dominion Diamond Corp
VGPMX’s poor run has resulted in returns of negative 7.5% as opposed to the S&P 500’s YTD return of 1.4%.
The VGPMX has performed poorly in the market in 2015. Top-weighted holdings Nevsun Resources and Dominion Diamond have fallen by 33% and 54%, respectively.
Nevsun Resources, Agnico-Eagle Mines, Randgold Resources, Dominion Diamond, and Genpact are the top five holdings of Vanguard Precious Metal and Mining Investment Fund (VGPMX).
VGPMX seeks to achieve its investment goals through an alternative approach to investing in firms that are directly or indirectly related to precious metals.