Vanguard Precious Metals and Mining Inv
Are Analysts Optimistic about Miners?
Despite the ongoing slump in the precious metals market, it seems that there could be hope going forward.
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.
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.
Understanding the Gold Investment Model of TGLDX
Gold is an asset with universal appeal, so it’s impacted by the international monetary and political developments that directly affect the supply of gold.
An Analysis of OPGSX’s Investment Methodology
The Oppenheimer Gold & Special Minerals Fund – Class A (OPGSX) takes an alternative approach to investing in precious metals and related securities.
SGGDX’s 2015 Performance: A Peer Comparison
The First Eagle Gold Fund Class A (SGGDX) is an alternative mutual fund that invests more than 80% of its net assets in gold and gold-related companies.
VGPMX’s Performance Has Disappointed So Far in 2015
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%.
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.
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.
What Do Analysts Predict for VGPMX’s Top Holdings?
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).
What Is Alternative Precious Metal Fund VGPMX’s Investment Strategy?
VGPMX seeks to achieve its investment goals through an alternative approach to investing in firms that are directly or indirectly related to precious metals.
Precious Metal Mutual Funds: A Structural Comparison
The precious metals market is feeling the heat of recessionary trends in the world economy. All three precious metal funds show a similar downward trend.
VGPMX Has Underperfomed the Market
Vanguard Precious Metal and Mining Investment Fund (VGPMX) lags in diversification, as it’s a pure sector fund.
VGPMX Is a Mutual Fund with an Alternative Strategy
As the name implies, alternative mutual funds seek to accomplish the fund’s objectives through non-traditional investments and trading strategies.
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.