An Inside Look at Frank Holmes’ Investment Strategy
Date Posted: August 21, 2014
Read time: 5 min
Frank Curzio of S&A Investor Radio welcomes Frank Holmes to the program to discuss exactly what goes into managing the U.S. Global Investors Funds, writing his weekly Frank Talk blog and traveling around the world—all without missing a beat.
Frank says having a combination of both tacit and explicit knowledge is the real key to success. Tacit knowledge comes from the many site visits he goes on and various face-to-face meetings with management, while explicit knowledge refers specifically to the stock models and technical analysis of each company that shows potential for a fund.
Listen to the entire interview to hear what Frank Holmes says some of his favorite investment ideas are right now.
Did you know Frank Holmes met Frank Curzio for the first time in Vancouver during an open-pit mine tour at Copper Mountain? Explore our newest slideshow to take a virtual tour of what the two saw in their recent trip to Southern British Columbia.
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. Distributed by U.S. Global Brokerage, Inc.
Foreign and emerging market investing involves special risks such as currency fluctuation and less public disclosure, as well as economic and political risk. Because the Global Resources Fund concentrates its investments in specific industries, the fund may be subject to greater risks and fluctuations than a portfolio representing a broader range of industries.
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.
The Global Resources Fund (PSPFX) ranked 134 out of 147, 31 out of 106, and 22 out of 40 global natural resources funds by Lipper for total return for the 1-, 5- and 10-year periods as of June 30, 2014. The Global Resources Fund (PSPFX) ranked 1 out of 131, 17 out of 54, and 1 out of 32 global natural resources funds by Lipper for total return for the 1-, 5- and 10-year periods as of December 31, 2010. The World Precious Minerals Fund was ranked 20 out of 73, 43 out of 56 and 31 out of 40 for total return among precious metals funds by Lipper for the 1-, 5- and 10-year periods ended June 30, 2014. The World Precious Minerals Fund was ranked 1 out of 71, 34 out of 51 and 18 out of 29 for total return among precious metals funds by Lipper for the 1-, 5- and 10-year periods ended December 31, 2009. Lipper Fund Awards are presented annually for consistent return over 1-, 5- and 10-year periods. Consistent return incorporates risk-adjusted return and the strength of the fund’s performance trend. The top-scoring fund within each classification receives awards. Lipper’s Performance Achievement Certificates are awarded to funds with returns that topped their Lipper category over 1-, 5-, 10- and 15-year periods. Certificates are awarded for all Lipper classifications and for the overall fund universe. Past performance does not guarantee future results.
Four of the U.S. Global Investors Funds received Lipper performance awards from 2005 to 2008. Six of the U.S. Global Investors Funds received certificates from 2000 to 2007, and two of the U.S. Global Investors Funds received top rankings from 2009 to 2010. During the years mentioned, there were 13 U.S. Global Investors Funds, while currently the fund family consists of 9 funds.
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