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Gold Shares Fund (USERX)
The Gold Shares Fund focuses on mid- and large-capitalization senior gold production companies. Like the World Precious Minerals Fund, the Gold Shares Fund focuses on companies with strong balance sheets and growth in resources and production. In all cases, effective company management is essential.
This fund is for investors who are willing to accept significant volatility. Historically, gold has demonstrated substantial price fluctuations over short periods of time and may be affected by unpredictable international monetary and political policies, so please read the prospectus carefully before investing.
The gold market is both cyclical and volatile. Within a given cycle, regardless of the direction of price, daily volatility exists. When the metal moves, gold stocks move farther and faster. This volatility is reflected in the fluctuating share prices of our gold funds. Fortunately, there is a simple way to take the guesswork out of the gold market.
How to Avoid the Emotional Swings of the Gold Market
We suggest using our ABC Investment Plan® to dollar-cost average your investment over time. Of
course, no investment plan can guarantee a profit or protect against depreciation in a declining market. You should evaluate your ability to continue in such a program in view of the possibility that you may have to redeem fund shares in periods of declining share
prices as well as periods of rising prices.
The Gold Shares Fund
| Investment Goals: | Long-term growth of capital |
| Sales Charge: | None – 100% no-load |
| Potential Risk/Reward Potential: | |
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Not part of prospectus
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