Midas Fund (MIDSX)

Net Asset Value as of July 20, 2017

FundSymbolClosingNet Change
Midas FundMIDSX 1.19 0.00

Morningstar Investment Profile

MIDAS FUND seeks primarily capital appreciation and protection against inflation and, secondarily, current income.

In pursuit of its investment objective, the Fund invests at least 65% of its total assets in (i) securities of companies primarily involved, directly or indirectly, in the business of mining, processing, fabricating, distributing or otherwise dealing in gold, silver, platinum or other natural resources and (ii) gold, silver, and platinum bullion. Up to 35% of the Fund's 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, in securities of selected growth companies, and fixed income securities of any issuers, including U.S. government securities

Midas Fund is subject to the risks associated with concentration, foreign investment, leverage, market fluctuations, mining, investments in gold, silver, platinum, and other precious metals, non-diversification, short selling, options, and futures transactions, small capitalization investing, natural resource companies, depletion and exploration risk and in-kind redemptions.