Midas Fund (MIDSX)
Net Asset Value as of July 15, 2019
MIDAS FUND seeks primarily capital appreciation and protection against inflation and, secondarily, current income.
In pursuit of its investment objectives, the Fund invests at least 65% of its total assets in (i) securities (e.g., common and preferred stocks, bonds, convertible securities, etc.) of companies primarily involved, directly or indirectly, in the business of mining, processing, fabricating, distributing or otherwise dealing in gold, silver, platinum, other precious metals, or other natural resources and (ii) gold, silver, and platinum bullion and coins. Up to 35% of the Fund’s total assets may be invested in securities of companies that derive a portion of their gross revenues, directly or indirectly, from the business of mining, processing, fabricating, distributing, or otherwise dealing in gold, silver, platinum, or other natural resources, and in securities of selected growth companies. The Fund may invest in domestic and foreign companies of any size.
Midas Fund invests in securities of companies involved in the business of mining, processing, fabricating, distributing or otherwise dealing in natural resources and precious metals. The Fund is subject to risks including, but not limited to, those associated with market fluctuations, foreign investment, non-diversification, concentration, investments in gold, silver, platinum, and other precious metals, natural resource companies, depletion and exploration risk, and in-kind redemptions. You should carefully consider the investment objectives, risks, charges and expenses of the Fund by reading the prospectus carefully before investing or sending money. For more detailed information about the investment risks associated with the Fund, please read "Principal Risks of Investing in the Fund," and "Investment Objectives, Principal Investment Strategies, Related Risks, and Disclosure of Portfolio Holdings" in the free prospectus, which contains this and other important information about the Fund. To obtain a copy of the prospectus, please contact us at 1-800-400-MIDAS (6432) or download it at http://www.midasfunds.com/midas-funds-prospectus.pdf.