|Expense Ratio (net)||1.39%|
|Morningstar Risk Rating||★★|
|Last Cap Gain||0.00|
|Inception Date||Jun 29, 1998|
|Average for Category||N/A|
For an allegedly precious metal, gold has gone without love for a long time. Trillions from global central banks have lifted many assets—from stocks and bonds to Manhattan condos—to or close to record highs, yet gold continues to slump near $1,250 a troy ounce, well off its 2011 peak near $1,900. Just when you’re ready to relegate gold to the heap of has-beens along with frankincense and myrrh, it has quietly crept up 9% this year, with the latest spurt coming Friday after President Donald Trump launched airstrikes in Syria and after March job growth proved underwhelming.
John Hathaway: Tocqueville Asset Management, which currently manages approximately $12 billion in assets, launched its gold strategy back in 1998 when gold was very disrespected. It was the Rodney Dangerfield of investment ideas. Tocqueville is at its core a contrarian firm. And we thought
Find out which top gold-focused mutual funds are best positioned to take advantage of a rebound in gold prices.