Tuesday, 23 October 2012

FSAGX: Gold Mutual Funds

By Jerome Wallace


When comparing ETF versus Mutual Funds, there are a number of important factors to consider. In any circumstance, it will bode well for the investor to compare each of these carefully before deciding whether one type of fund is better than another regarding any specific situation.

A mutual fund is a fund of capital is that made up of investments by multiple individuals. These are typically managed by a professional financier, and the management may be considered "passive" or "active," depending on the particular mutual fund in question.

ETF funds are passively managed, more often than not. However, a professional manager may still be employed by the fund. An ETF fund is traded within the market similar to individual stocks at current fluctuating prices, whereas mutual funds are only traded at the end of the day, and the net asset value (NAV) is set as the last price listed on the market on any given day.

A company that has more gold in possession has more control with its stocks that will watch over gold prices. Yet, this may serve as a counterbalance if the company is overly capitalized. Learning how much a gold company has may be hard for average investors but with much research and experience this can be accomplished with ease.

Typically, mutual funds allow investors to use options such as "put options" and "call options," and although leverage is not an option with mutual funds in most cases, the good side is that in that risks remain relatively lower when leverage is not used. So whereas ETF funds are created out of shares of stock (which are then used to heighten attractiveness to other investors), mutual funds are created by a pooled investment of capital from multiple investors.

Comparing the trends of past gold prices with the performance of multiple top-performing mutual funds will help a lot as well. It is important to determine whether the fluctuations in the price of the funds corresponds to the price fluctuations in gold. Remember as well that although not all funds perform the same way as gold does, some funds still settle out better and thus produce higher yields.




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