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Net Asset Value as of August 16, 2019

Fund	Symbol	Closing	Net Change
Midas Fund	MIDSX	1.41	(0.02)
Midas Magic	MISEX	18.80	0.29

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Press Releases

2018

December 13, 2018 – Midas Funds Estimated Yearend Distributions

2017

December 18, 2017 – Midas Funds Estimated Yearend Distributions
April 4, 2017 – Midas Funds Announce Teleconference

2016

December 27, 2016 – Midas Funds 2016 Estimated Yearend Distribution
March 31, 2016 – Midas Funds Announce Teleconference
January 4, 2016 – Midas Magic and Midas Perpetual Portfolio Distribution Notice

2015

December 9, 2015 Midas Funds 2015 Estimated Yearend Distributions
April 15, 2015 – Midas Funds Announce Conference Call
January 2, 2015 – Midas Magic and Midas Perpetual Portfolio Distribution Notice

2014

December 17, 2014 – Midas Magic and Midas Perpetual Portfolio Distribution Estimate
October 8, 2014 – Midas Magic Announces Conference Call
April 1, 2014 – Midas Magic Announces Conference Call
January 2, 2014 – Midas Magic and Midas Perpetual Portfolio Distribution Notice

2013

December 20, 2013 – Midas Magic and Midas Perpetual Portfolio Distribution Estimate
October 3, 2013 – Midas Funds Announces Conference Call
March 28, 2013 – Midas Funds Announces Conference Call

2011

December 30, 2011 – Midas Perpetual Portfolio Distribution Notice
July 1, 2011 – Midas Distribution Notice
June 9, 2011 – Midas Distribution Estimate
April 29, 2011 – Midas Special Fund, Inc. Changes Name to Midas Magic, Inc.
March 9, 2011 – Midas Fund Announces Conference Call

2010

October 22, 2010 – Midas Perpetual Portfolio Partners with Schwab
September 3, 2010 – Midas Fund Announces Conference Call
July 15, 2010 – Midas Perpetual Portfolio Achieves Five Star Ratings by Morningstar
July 7, 2010 – Midas Fund Announces Conference Call

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There is no assurance that the Midas Funds investment objectives will be attained. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.

You should consider the investment objectives, risks, and charges and expenses of the Midas Funds carefully before investing. The prospectus and each summary prospectus contain this and other information about the Midas Funds. To obtain a copy of the prospectus and each summary prospectus, please contact us at 1-800-400-MIDAS (6432) or download them. Please read the prospectus and each summary prospectus carefully before investing.

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. Midas 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.

Investment products, including shares of mutual funds and closed end funds, are not federally or FDIC insured, are not deposits or obligations of, or guaranteed by, any financial institution and involve investment risk, including possible loss of principal and fluctuation in value. Consult with your tax advisor or attorney regarding specific tax issues.

One of Midas guiding principles is that we will communicate with our shareholders and prospective investors as candidly as possible because we believe shareholders and prospective investors benefit from understanding our investment philosophy and approach. Our views and opinions regarding the prospects of our portfolio holdings, the Midas Funds, and the economy are forward looking statements as defined under the U.S. federal securities laws, which may or may not be accurate and may be materially different over future periods. Generally, the words “believe,” “expect,” “intend,” “estimate,” “anticipate,” “project,” “will,” “may,” “should,” “plan,” or the negative of such terms and similar expressions identify forward looking statements Forward looking statements are subject to certain risks and uncertainties that could cause actual results to materially differ from a Fund’s historical experience and its current expectations or projections indicated in any forward looking statements. These risks include, but are not limited to, equity securities risk, corporate bonds risk, credit risk, interest rate risk, leverage and borrowing risk, additional risks of certain securities in which the Midas Funds invest, management risk, and other risks discussed in the Midas Funds filings with the Securities and Exchange Commission. We disclaim any obligation to update or alter any forward looking statements, whether as a result of new information, future events, or otherwise. Thus, you should not place undue reliance on forward looking statements, which speak only as of the date they are made.

The Midas Funds are part of a fund complex which includes Foxby Corp. and Dividend and Income Fund.

Midas Securities Group, Inc. Member: FINRA.

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