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Vanguard precious metals and mining fund fact sheet.
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Medium to long term refers to a period of at least three 3 years.
The fund seeks to achieve its investment objective by investing at least 80 of its net assets plus borrowings for investment purposes in gold and other precious metals and securities of companies located throughout the world that are engaged in mining or processing gold.
Precious metals companies are typically based in north america australia or south africa.
Willing to invest in gold silver platinum and other precious metals equities and their related equities.
Effective september 26 2018 the fund changed its name performance benchmark and investment strategy.
Tear sheet fact sheet mutual fund vanguard vangaurd precious metals mining created date.
Most portfolios concentrate on gold mining stocks but some have significant exposure to silver platinum and base metal mining stocks as well.
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Vanguard precious metals mining fact sheet author.
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Fund objective strategy.
A minimum of 95 of the fund s nav will be invested in the share class denominated in usd of the dws noor precious metal securities fund target fund.
Performance for the periods shown below is based on the investment strategy utilized by the fund prior to september 26 2018 under the name vanguard precious metals and mining fund.
Precious metals portfolios focus on mining stocks though some do own small amounts of gold bullion.