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Vanguard Precious Metals and Mining Investor Fund (VGPMX) in Focus

Vanguard Precious Metals and Mining Investor ( VGPMX ) a Zacks Rank #1 (Strong Buy) was incepted in May 1984 and is managed by the M&G Investment Management Limited. VGPMX's main objective is to provide long-term capital appreciation. VGPMX invests in stocks of foreign and U.S. companies engaged in exploring, mining, processing, or marketing gold, silver, platinum, diamonds, or other precious metals and rare minerals. VGPMX may also invest up to 20% of its assets directly in gold, silver, or other precious-metal bullion and coins. VGPMX's adviser emphasizes quality companies with sound operations and attractive holdings of ore or other reserves, while also trying to maintain geographic diversity.

Vanguard Precious Metals and Mining Investor, managed by Vanguard Group , carries an expense ratio of 0.44%. Moreover, VGPMX requires a minimal initial investment of $3,000.

This fund, as of the last filing, allocates their fund in two major groups; Precious Metal and Large Value. Further, as of the last filing, Agnico Eagle Mines, Hochschild Mining and Barrick Gold were the top holdings for VGPMX.

VGPMX returned 50.74% last year. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .

VGPMX's performance, as of the last filing, when compared to funds in its category was in the top 53% in 1 year, top 83% over the past 3 years, and in the 78% over the past 5 years.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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