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The $125 million fund, which invests in companies that mine or process metals or other commodities, rose 83 percent last year. That return beat 95 percent of the fund’s peers, according to data compiled by Bloomberg. This year, the fund dropped 7.6 percent through Feb. 10. Its average annual return was a decline of 4.8 percent over three years and a gain of 13.5 percent for five years. Winmill, 50, says his training as a lawyer helps him sift through engineering reports on mining deposits, Bloomberg Markets reports in its March 2010 issue. “That’s much more important than putting on your hiking boots and ...
mutual funds. I wrote this post up as a quick answer. Remember, if you ever have any questions at all, just use the contact form at the top of this site and I’ll personally respond.. Mutual funds are a relatively safe way to buy and own your own gold. Mutual funds allow for diversification of investing under the supervision of a professional in the field. In general, gold based mutual funds may move in value daily with the price of gold . These funds also tend to go proportionally higher than the actual gold price as it rises, this, however, includes downward swings when the price ... Read More
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21. Mutual Funds 1: What is a Mutual Fund?
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