Vanguard Precious Metals and Mining Inv
Most Recent
VGPMX Has Underperfomed the Market
Vanguard Precious Metal and Mining Investment Fund (VGPMX) lags in diversification, as it’s a pure sector fund.
Analyzing VGPMX’s Geographical Focus
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.
Fund Flows and Bullish Sentiment in Gold Surged
Gold saw such a surge in its price that the money flowing into funds like the SPDR Gold Shares (GLD) and the iShares Gold Trust (IAU) increased exponentially.
Are Analysts Optimistic about Miners?
Despite the ongoing slump in the precious metals market, it seems that there could be hope going forward.
Metals Lead, Agriculture Lags, and Diversification Is Key
Traders in financials (XLF) and metals (GLD) have scored well so far this year. The HFRX Macro: Commodity-Metals Index rose 6.5% in 1Q16.
How Has VGPMX Performed Historically Compared to Its Benchmark?
Though the VGPMX has fallen considerably this year, it has still managed to beat its benchmark index.
VGPMX Is a High Risk, High Return Fund
A high tracking error shows that the fund has failed on many occasions to meet its return requirement. The annualized tracking error of VGPMX is 24.79.
