See the questions below to get information you need.
For more specific questions, e-mail us at info@MidasFunds.com or
contact Midas Funds Shareholder Services at 1-800-400-MIDAS (6432), 8 a.m.-6 p.m. ET.
What Funds do you offer?
What are the minimum initial and subsequent investments for regular and IRA accounts?
What are your IRA fees?
Can I exchange between Funds? If so, are there any fees?
Do any of your Funds offer a check writing privilege?
Do you offer a systematic withdrawal plan?
What is needed to receive a distribution from my IRA account?
Where can I get my signature guaranteed?
What types of systematic investment programs do you offer?
How do I get a password to access my account online?
What mailing address do I send any correspondence to?
What is your overnight express mail address?
How do I send a bank wire to make an investment in the Midas Funds?
What do I need to do to change the address on my account?
How do I change my bank address on my account?
How can I redeem shares in my account and have the proceeds
mailed to an address different than my current address of record?
On what holidays are the Funds closed?
What do I need to change my account registration?
$1,000 is the minimum required to open a Regular, IRA, and Education Savings account. Minimum subsequent investments are $100.
When an account is opened under the Midas Systematic Purchase/Withdrawal Program, the minimum initial investment is $100.
There is no fee to open an IRA and no annual fiduciary or maintenance fee.
$10 fee if you are redeeming when you are under the age of 59-½.
$20 termination fee.
There is no charge to make an exchange. For shares that are redeemed within 30 days of purchase there is a 1% redemption fee retained by the Fund.
Yes. If you own Fund shares with a value of at least $20,000 you may elect an automatic monthly or quarterly withdrawal from your account, with the amount mailed to you or to your bank account.
A distribution form can be obtained here or by calling 1-800-400-MIDAS (6432) or you can write a letter of instruction. A signature guarantee is needed if the distribution is not going to the address of record.
To obtain a signature guarantee, you must sign in the presence of an authorized officer of an eligible guarantor institution. Eligible guarantors include Domestic (U.S.) Banks, Domestic (U.S.) Savings Associations, Domestic (U.S.) Brokers, Dealers, Municipal Securities Brokers, Government Securities Dealers and Securities Brokers, Domestic (U.S.) Credit Unions, or members of Domestic (U.S.) National Securities Exchanges, Registered Securities Associations and Clearing Agencies.
Each shareholder's signature must have a "New Technology" Medallion Signature Guarantee Stamp. The stamp (pictured) has a bar code and is stamped in light green ink by most banks or brokers.
If you have questions, please contact a Shareholder Service Representative at 1-800-400-MIDAS (6432).
For making automatic investments from a designated bank account.
For making automatic investments from your salary through your payroll deductions.
For making automatic investments from your Federal employment, Social Security or other regular Federal government check.
The password to access your account online will be mailed to you at your registered address. After accessing your account online through the Midas Touch, you can change your password.
|Cincinnati, OH 45246-0707|
|225 Pictoria Drive, Suite 450|
|Cincinnati, OH 45246|
Call Midas toll-free at 1-800-400-MIDAS (6432), 8 a.m.-6 p.m. Eastern time, to be assigned an account number and for wiring instructions.
Send us a letter of instruction including your name and account number. We will restrict the mailing of redemption proceeds to your address of record within 30 days of such address change unless you provide a letter of instruction with your signature guaranteed (see above).
Send us a letter of instruction with your signature guaranteed (see above) and a copy of a voided check reflecting your new bank account.
Send us a letter of instruction with your signature guaranteed (see above).
|New Year's Day|
|Birthday of Martin Luther King, Jr.|
Please Note: On Columbus Day and Veteran's Day the stock market remains open while banks are closed.
Upon the Death of the Shareholder:
Upon the Death of a Joint Tenant:
From a Single Account to a Joint Account:
From a Joint Account to a Single Account:
From a Single or a Joint Account to Trust Account:
For a Name Change on a Joint Account:
On a UGMA/UTMA (former minor requesting change):
On a UGMA/UTMA (custodian requesting change for former minor):
For a Transfer or Liquidation Pursuant to a Divorce Decree:
For a Rollover or Liquidation by the Surviving Spouse Beneficiary due to death of IRA holder:
For a Rollover or Liquidation by the Non-Spouse Beneficiary due to death of IRA holder: