Gold is a popular hedge against stock market and dollar declines and there are several ways in which you can invest in gold.
A popular way of investing in gold is through gold ETFs and gold mutual funds. Even if you don’t believe the dollar is going to decline or need a hedge against the stock markets, you may still be interested in gold, and this gold mutual fund list can prove useful.
Here is a compilation of a few leading Gold Mutual Funds and Gold ETFs along with their:
- Expense Ratio
- Front Load (In case of Mutual Funds)
- Minimum Investment (In case of Mutual Funds)
S. No. |
Name |
Ticker |
Expense Ratio |
Front Load |
Min Investment |
Category |
1 |
SPDR Gold Trust ETF |
GLD |
0.4% |
NA |
NA |
ETF |
2 |
iShares COMEX Gold Trust |
IAU |
0.4% |
NA |
NA |
ETF |
3 |
Market Vectors TR Gold Miners |
GDX |
0.55% |
NA |
NA |
ETF |
4 |
Vanguard Precious Metals and Mining |
VGPMX |
0.28% |
None |
10000 |
Gold Mutual Fund |
5 |
US Global Investors World Prec Minerals |
UNWPX |
0.97% |
None |
5000 |
Gold Mutual Fund |
6 |
U.S. Gbl Inv Gold and Precious Metals |
USERX |
1.27% |
None |
5000 |
Gold Mutual Fund |
7 |
USAA Precious Metals and Minerals |
USAGX |
1.19% |
None |
3000 |
Gold Mutual Fund |
8 |
Tocqueville Gold |
TGDLX |
1.43% |
None |
1000 |
Gold Mutual Fund |
9 |
Rydex Precious Metals Inv |
RYPMX |
1.27% |
None |
2500 |
Gold Mutual Fund |
10 |
ProFunds Short Precious Metals Inv |
SPPIX |
1.55% |
None |
15000 |
Gold Mutual Fund |
11 |
ProFunds Precious Metals UltraSector Inv |
PMPIX |
1.46% |
None |
15000 |
Gold Mutual Fund |
12 |
Oppenheimer Gold & Special Minerals A |
OPSGX |
1.05% |
5.75% |
1000 |
Gold Mutual Fund |
13 |
OCM Gold |
OCMGX |
1.93% |
4.5% |
1000 |
Gold Mutual Fund |
14 |
Midas |
MIDSX |
1.87% |
None |
1000 |
Gold Mutual Fund |
15 |
Jennison Natural Resources A |
PGNAX |
1.14% |
5.5% |
2500 |
Gold Mutual Fund |
16 |
ING Global Natural Resources A |
LEXMX |
1.45% |
5.75% |
1000 |
Gold Mutual Fund |
17 |
GAMCO Gold AAA |
GOLDX |
1.46% |
None |
1000 |
Gold Mutual Fund |
18 |
Franklin Gold and Precious Metals A |
FKRX |
0.89% |
5.75% |
1000 |
Gold Mutual Fund |
19 |
First Eagle Gold A |
SGGDX |
1.21% |
5% |
2500 |
Gold Mutual Fund |
20 |
Fidelity Select Gold |
FSAGX |
0.81% |
None |
2500 |
Gold Mutual Fund |
21 |
Evergreen Precious Metals A |
EKWAX |
1.05% |
5.75% |
1000 |
Gold Mutual Fund |
22 |
DWS Gold & Precious Metals S |
SCGDX |
1.2% |
None |
2500 |
Gold Mutual Fund |
23 |
RiverSource Precious Metals & Mining A |
INPMX |
1.34% |
5.75% |
2000 |
Gold Mutual Fund |
24 |
American Century Global Gold Inv |
BGEIX |
0.68% |
None |
2500 |
Gold Mutual Fund |
|