Ralph Aldis Talks Junior Gold Miners
Date Posted: December 24, 2013
Read time: 3 min
In an interview with The Gold Report, portfolio manager Ralph Aldis, CFA discusses the importance of being selective when it comes to gold stocks. Specifically, Ralph explains the main themes of U.S. Global’s model: growth in resources per share, growth in production per share, and growth in cash flow.
Read the entire interview here.
| Fund | One-Year | Five-Year | Ten-Year | Gross Expense Ratio |
|---|---|---|---|---|
| World Precious Minerals Fund | -50.76% | 1.23% | -0.37% | 1.45% |
| NYSE Arca Gold Miners Index | -52.49% | -2.54% | -1.50% | N/A |
| Fund | One-Year | Five-Year | Ten-Year | Gross Expense Ratio |
|---|---|---|---|---|
| World Precious Minerals Fund | -50.15% | -5.67% | 4.53% | 1.45% |
| NYSE Arca Gold Miners Index | -52.47% | -4.79% | 2.02% | N/A |
Expense ratios as stated in the most recent prospectus. Performance data quoted above is historical. Past performance is no guarantee of future results. Results reflect the reinvestment of dividends and other earnings. Current performance may be higher or lower than the performance data quoted. The principal value and investment return of an investment will fluctuate so that your shares, when redeemed, may be worth more or less than their original cost. Performance does not include the effect of any direct fees described in the fund’s prospectus (e.g., short-term trading fees of 0.05%) which, if applicable, would lower your total returns. Performance quoted for periods of one year or less is cumulative and not annualized. Obtain performance data current to the most recent month-end at www.usfunds.com or 1-800-US-FUNDS.
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.
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.
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 a specific industry, the fund may be subject to greater risks and fluctuations than a portfolio representing a broader range of industries.
The NYSE Arca Gold Miners Index is a modified market capitalization weighted index comprised of publicly traded companies involved primarily in the mining for gold and silver. The index benchmark value was 500.0 at the close of trading on December 20, 2002.
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The S&P 500 Stock Index is a widely recognized capitalization-weighted index of 500 common stock prices in U.S. companies. The NYSE Arca Gold Miners Index is a modified market capitalization weighted index comprised of publicly traded companies involved primarily in the mining for gold and silver. The interview references the
