Gold funds provide investors with exposure to the commodity without having to deal with the hassle of taking delivery of or delivering physical gold assets, which is typically required in the commodities futures market. Gold funds may be used as a hedge against geopolitical instability or interest rate risk. Although Vanguard does not offer a pure gold fundit offers a precious metals and mining mutual fund that gives exposure to a niche area of the precious metals market. The Vanguard Precious Metals and Mining Fund is a mutual fund that provides specialized exposure to the equity precious metals sector.

The Vanguard Precious Metals and Mining Fund invests primarily in stocks included in the precious metals and mining industries. The mutual fund was issued on May 23,with the sponsorship of Vanguard.

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The Vanguard Precious Metals and Mining Fund charges a low annual expense ratio of 0. The companies mainly engage in activities related to gold, silver, diamonds, platinumor other precious metals or rare minerals. The remaining companies comprising the fund are principally engaged in business activities related to copper, nickelor other common metals or minerals.

As of the fiscal year ending in Januaryit has a turnover rate of The fund holds mainly foreign stocks, and its country exposures are The Vanguard Precious Metals and Mining Fund is top heavy, allocating It has a Sharpe ratio of 0. When measured against the MSCI ACWI NR USD Index, the global standard index, it has an alpha of 5. The fund's Sharpe ratio indicates it provided investors with an adequate average annual return on a risk-adjusted basis.

Its alpha indicates it outperformed the global standard index by an average annual 5. Its Treynor ratio indicates it provided an average annual rate of 3. Based on modern portfolio theory MPTthe fund is only suitable for highly risk-tolerant investors.

Moreover, the Crown currency exchange action group latest news Precious Metals and Mining Fund is best suited for long-term investors seeking an investment that primarily holds foreign securities in the precious metals and mining sector.

The fund should be held as a satellite holding in a diversified portfolio with a long-term investment horizon. Dictionary Term Of The Day.

VGPMX Fund - Vanguard Precious Metals & Mining Fund;Investor Overview - MarketWatch

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Sophisticated content for financial advisors around investment strategies, industry trends, and advisor education. Looking for a Vanguard Gold ETF or Mutual Fund? By Steven Stock market vanguard gold fund index November 3, — Characteristics The Vanguard Precious Metals and Mining Fund invests primarily in stocks included in the precious metals and mining industries.

Obtain freelance excel jobs from home and analysis of some of the top-rated and most popular mutual funds that offer investors exposure to the precious metals industry. Learn more about precious metals mutual funds and discover the top four platinum equity mutual funds investors should add to their portfolios in Learn about the Vanguard Precious Metals and Mining Fund, including highlights of its investment performance, portfolio allocation and management.

Discover the basic information about Vanguard Precious Metals and Mining Fund and learn about the historical performance of the fund's price. Explore analyses of gold-related funds offered by Vanguard and BlackRock, and learn about the difference and similarities between these funds.

Investing in precious metals can effective for portfolio diversification. If you stock options puts ex le looking for exposure, these ETFs are a good place to start. Discover the top Vanguard target-date retirement funds with target dates inandand learn about the characteristics of these funds.

Read detailed analyses of an energy exchange-traded fund ETF and an energy mutual fund issued by Vanguard, and learn about their characteristics and historical statistics. Learn which countries have the largest mining production in the world and how precious metals are a significant source of Learn what is means to invest in the base metals sector and how investors can take advantage of various investment strategies Explore some of the many mutual fund options available to investors that focus on holdings in the metals and mining sector, Examine risks related to companies involved in the exploration and extraction of precious and base metals.

Discover the other, lesser-known precious metals such as platinum and palladium, which are more tied to the industrial economy Learn what criteria investors use to determine what percentage of their diversified portfolios should be exposed to the metals An expense ratio is determined through an annual A hybrid of debt and equity financing that is typically used to finance the expansion of existing companies.

A period of time in which all factors of production and costs are variable. In the long run, firms are able to adjust all A legal agreement created by the courts between two parties who did not have a previous obligation to each other.

A macroeconomic theory to explain the cause-and-effect relationship between rising wages and rising prices, or inflation. A statistical technique used to measure and quantify the level of financial risk within a firm or investment portfolio over No thanks, I prefer not making money. Content Library Articles Terms Videos Guides Slideshows FAQs Calculators Chart Advisor Stock Analysis Stock Simulator FXtrader Exam Prep Quizzer Net Worth Calculator.

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