U.S. Global Investors [www.usfunds.com]

Ralph Aldis Digs Into the World Precious Minerals Fund

Steve Halpern of MoneyShow.com welcomes portfolio manager Ralph Aldis to the program to discuss the strategy behind the World Precious Minerals Fund (UNWPX). Ralph says there are a number of factors that go into the underlying strategy of UNWPX, some of which include top-down macro models and bottom-up stock selection models, along with keeping a close eye on government policies of the countries the fund invests in.

“We travel to the site to see the operations first-hand,” Ralph explains. On top of this “tacit knowledge,” he also says that spending time meeting with management teams of the companies U.S. Global Investors follows is an important part of the process. “I think this has been key to our success in this industry, because you’ve got to know the people and have a sense of what their thought processes are.”

The World Precious Minerals Fund (UNWPX) gives investors increased exposure to “junior” and “intermediate” mining companies that explore new mine deposits around the world for added growth potential. The fund has been recognized by Morningstar with five stars for the three-year period, out of 71 funds, in the Equity Precious Metals category as of June 30, 2016.

Listen to the full interview on MoneyShow.com to hear why investors may want to keep an eye on the actively-managed fund UNWPX and what some of Ralph’s favorite portfolio holdings are.

Morningstar Rating
  World Precious Minerals Fund
Overall/71
3-Year/71
5-Year/69
10-Year/50

Morningstar ratings based on risk-adjusted return and number of funds
Category: Equity Precious Metals
Through: June 30, 2016

 

Opinions expressed in the podcast interview transcript are those of host Steve Halpern and MoneyShow.com and are not indicative of actual fund performance or confirmed by an actual fund ranking entity.

Opinions expressed in the podcast interview transcript from Ralph Aldis are in the context of his role as portfolio manager of the World Precious Minerals Fund (UNWPX). In reference to Ralph’s discussion of Jaguar Mining, the World Precious Minerals Fund does not hold this name as of 06/30/2016. Ralph’s discussion relating to Jaguar Mining is in response to an interview question posed by MoneyShow.com host Steve Halpern, and should not be taken as a recommendation by Ralph Aldis or U.S. Global Investors.

Please consider carefully a fund’s investment objectives, risks, charges and expenses. For this and other important information, obtain a fund prospectus by visiting www.usfunds.com or by calling 1-800-US-FUNDS (1-800-873-8637). Read it carefully before investing. Foreside Fund Services, LLC, Distributor. U.S. Global Investors is the investment adviser.

Gold, precious metals, and precious minerals funds may be susceptible to adverse economic, political or regulatory developments due to concentrating in a single theme. The prices of gold, precious metals, and precious minerals are subject to substantial price fluctuations over short periods of time and may be affected by unpredicted international monetary and political policies. We suggest investing no more than 5% to 10% of your portfolio in these sectors.

Morningstar Ratings are based on risk-adjusted return. The Morningstar Rating for a fund is derived from a weighted-average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. Past performance does not guarantee future results. For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.)

Fund portfolios are actively managed, and holdings may change daily. Holdings are reported as of the most recent quarter-end. Holdings in the World Precious Metals Fund as a percentage of net assets as of 6/30/2016: Jaguar Mining Inc. 0.00%, Klondex Mines Ltd. 12.21%, Newmont Mining Corp 0.00%, Richmont Mines Inc. 0.77%, Rye Patch Gold Corp 1.97%.

All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. By clicking the link(s) above, you will be directed to a third-party website(s). U.S. Global Investors does not endorse all information supplied by this/these website(s) and is not responsible for its/their content.