American Century Global Gold Investor Fund (BGEIX) seeks capital growth and dividends. BGEIX invests in securities other than stocks, such as notes, bonds, debentures, commercial paper, convertible debt securities, equity equivalents, sponsored or un-sponsored American Depositary Receipts, gold, gold certificates, gold futures, short-term investments and non-leveraged stock index futures contracts. Stock index futures contracts, a type of derivative security, can help BGEIX’s cash assets remain liquid while performing more like stocks. BGEIX has a policy governing stock index futures and similar derivative securities to help manage the risk of these types of investments.
This Sector - Precious Metal product has a history of positive total returns for over 10 years. Specifically, the fund’s return over the 3 year benchmark was 0.4%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
This Zacks Rank #3 (Hold) was incepted in August 1988 and is managed by American Cent. BGEIX carries an expense ratio of 0.68% and requires a minimal initial investment of $2,500.
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