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Net Asset Value as of October 22, 2020

Fund	Symbol	Closing	Net Change
Midas Fund	MIDSX	1.74	(0.03)
Midas Magic	MISEX	21.07	0.18

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Press Releases

2020

October 22, 2020 – Midas Funds Release Updated Midas MarketScope
September 18, 2020 – MIidas Funds Release Updated Midas MarketScope
September 15, 2020 – Midas Funds Top Tens Press Release as of August 31 2020
August 20, 2020 – Midas Funds Release Updated Midas MarketScope
August 17, 2020 – Midas Funds Top Tens Press Release as of July 31, 2020
July 15, 2020 – Midas Funds Top Tens Press Release as of June 30, 2020
June 18, 2020 – Midas Funds Introduce . . . Midas MarketScope
June 15, 2020 – Midas Funds Top Tens Press Release as of May 31, 2020
May 15, 2020 – Midas Funds Top Tens Press Release as of April 30, 2020
April 20, 2020 – Midas Funds Release Updated Portfolio Manager’s Journal
April 15, 2020 – Midas Funds Top Tens Press Release as of March 31, 2020
March 31, 2020 – Midas Funds Release Updated Portfolio Manager Podcast
March 19, 2020 – Midas Funds Release Updated Portfolio Manager’s Journal
March 16, 2020 – Midas Funds Top Tens Press Release as of February 29, 2020
February 24, 2020 – Midas Funds Release Updated Portfolio Manager’s Journal
February 18, 2020 – Midas Funds Top Tens Press Release as of January 31, 2020
January 21, 2020 – Midas Funds Release Updated Portfolio Manager’s Journal
January 15, 2020 – Midas Funds Top Tens Press Release as of December 31, 2019

2019

December 19, 2019 – Midas Funds Release Updated Portfolio Manager’s Journal
December 16, 2019 – Midas Funds Top Tens Press Release as of November 30, 2019
November 15, 2019 – Midas Funds Top Tens Press Release as of October 31, 2019

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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, risks related to the negative impacts from the continued spread of COVID-19 on the economy and the broader financial markets, 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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