Seeks to Invest in Strategic Gold Mining Companies
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The Gabelli Gold Fund provides investors with exposure to gold through gold mining equities. The Fund seeks to achieve its objective by investing in high-quality global companies with strong management teams and solid financials that have long-life, low-cost mines.
The investment objective of the Fund is to provide investors exposure to gold through the ownership of gold mining equities and with a focus on long term capital appreciation.
Sector Experts: The fund is actively managed by a team with over 45 years of experience investing in gold mining companies, allowing for a thorough understanding of patterns and cycles.
Inflation Protection: Gold has long been viewed as a safe-haven asset during times of economic uncertainty or inflation. As inflation rises, the price of gold typically increases, and gold mining stocks tend to benefit from higher gold prices, offering a potential hedge against inflationary pressures.
Portfolio Diversification: Having historically displayed low correlation with equities and fixed income, exposure to gold mining stocks may deliver added diversification to a portfolio comprised of traditional asset classes.
Chris Mancini is an analyst in the industrials and materials sector with a focus on metals and mining. He joined the firm in 2008. Previously he was a research analyst at Heyman Investments, R6 Capital Management and Satellite Asset Management. An industry expert, Chris has frequently been quoted in the Wall Street Journal, Reuters… More
Caesar Bryan manages our GAMCO International Growth Fund and Gabelli Gold Fund. He is also a member of the global investment team which is responsible for the GAMCO Global Growth Fund and the GAMCO Global Opportunity Fund. In addition, he is on the management team of the GAMCO Global Gold and Natural Resources & Income… More
Supported by a centralized team of 30+ sector-focused analysts supporting Growth and Value portfolios
A graphical measurement of a portfolio’s net return that simulates the performance of an initial investment of $10,000 over the given time period.
| Symbol | Company | Sector | Portfolio |
|---|---|---|---|
| NEM | NEWMONT CORP | Materials | 33,204,473.44 |
| KGC | KINROSS GOLD CORP | Materials | 26,165,750.00 |
| AEM | AGNICO EAGLE MINES LTD | Materials | 25,553,508.70 |
| WPM | WHEATON PRECIOUS METALS CORP | Materials | 23,754,780.00 |
| NST | NORTHERN STAR RESOURCES LTD | 23,456,861.70 | |
| AGI | ALAMOS GOLD INC | Materials | 20,713,917.17 |
| EDV | ENDEAVOUR MINING PLC | 17,468,661.13 | |
| LUG | LUNDIN GOLD INC | 15,110,857.86 | |
| FNV | FRANCO-NEVADA CORP | Materials | 14,972,805.67 |
| GOLD | BARRICK GOLD CORP | Materials | 13,904,946.00 |
Gross Expense Ratio
1.49%
Net Expense Ratio
1.49%
Maximum Sales Charge
5.75%
