FYI: Precious metals like gold and silver stand out among commodities for being a little different. Unlike other commodities like oil or wheat, precious metals serve in a number of capacities. They have some value as an industrial metal, but they are primarily used as safe-haven investments.
Many financial professionals even recommend holding a small percentage, around 5% or so, of your portfolio in precious metals – typically gold – for use as a safe-haven investment. Keeping a small amount in these types of assets can hedge against inflation and help protect your wealth against a fluctuating U.S. dollar value.
By adding a precious metals fund to your portfolio, you can add more diversification to the mix and reduce overall risk.
Click here to learn more about choosing the right commodity mutual fund for you.
Regards,
Ted
http://mutualfunds.com/education/investing-in-precious-metal-mutual-funds/M* Equity Precious Metals Fund Returns:
http://news.morningstar.com/fund-category-returns/equity-precious-metals/$FOCA$SP.aspx
