The Funds

Midas Fund

MIDAS FUND (ticker: MIDSX) 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 here.

Midas Magic

MIDAS MAGIC (ticker: MISEX) normally will exercise a flexible strategy in the selection of securities and usually will not be limited by the issuer’s location, size, or market capitalization. The Fund may invest in equity and fixed income securities of new and seasoned U.S. and foreign issuers with no minimum rating, including securities convertible into common stock, debt securities, futures, options, derivatives, and other instruments. The Fund also may employ aggressive and speculative investment techniques, such as selling securities short and borrowing money for investment purposes, a practice known as “leveraging” and may invest defensively in cash, bank deposits, money market funds, money market securities of U.S. and foreign issuers, short term bonds, repurchase agreements, or similar investments. The Fund may invest in fixed income securities of any issuer, including U.S. government securities, of any credit quality or maturity, although the Fund has no current intention of investing more than 5% of its total assets in fixed income securities rated less than investment grade.

To achieve the Fund’s objective, the investment manager may use a seasonal investing strategy to invest the Fund’s assets to gain exposure to the securities markets during periods anticipated to be favorable based on patterns of investor behavior as driven by and related to accounting periods, tax events and other calendar related phenomenon.

You should carefully consider the investment objectives, risks, charges and expenses of Midas Magic by reading the prospectus carefully before investing or sending money. For 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 here.

Top Ten Security Holdings

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Portfolio Manager’s Journal

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Brokerage Availability

All of the Midas Funds may also be purchased through a number of brokerage firms. Please check with your broker to determine whether the Funds are available with your brokerage firm.
The Midas Funds are available for purchase directly by completing a paper application or online through The Midas Touch.

Distributions

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