Thursday , 21 November 2024

Believe It or Not: Only 1 Fund Has Outperformed Physical Gold Since 2007! (+2K Views)

Out of the 7,500 separate [mutual] funds available, and with 22,000 shares classes to choose from, only 1 fund – just ONE fund – actually managed to achieve a greater percentage return than gold bullion since the alarm bells rang out at the turn of 2007! [That being said, are you still one of the 99% of investors who, for whatever reason (are you foolishly listening to the “advice” provided by your stock broker/securities salesman going under the guise of a financial “advisor”), is still without any physical gold or silver?] Words: 395

 So says Adrian Ash (www.BullionVault.com)in edited excerpts from his original article*.

Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!) has edited ([ ]), abridged (…) and reformatted (some sub-titles and bold/italics emphases) the article below for the sake of clarity and brevity to ensure a fast and easy read. The article’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article. Please note that this paragraph must be included in any article re-posting to avoid copyright infringement.

Ash goes on to say, in part:

 

7 funds – just SEVEN -managed to beat silver since the turn of 2009, and ONLY 11 separate US mutual funds managed to beat silver since the start of 2002. [Below is an analysis of how gold and silver performed over the current and last 10, 5, 3 years compared to the universe of funds:]

The Top US Fund Managers: Annualized Returns in Per Cent
1. US Dollar precious metals prices from the LBMA, periods ending 12/30/2011.
2. Fund count by BullionVault, using Lipper data via WSJ Online.
3. Single-best fund, best return & average return of all mutual funds taken from MorningStar
.…the only mutual to beat gold for US investors since the eve of this crisis was OSFDX. With a minimum investment of $3,000, Oceanstone has apparently got less than $15 million in assets. Its stellar five- and three-year records include a ridiculous 264% made in 2009, just from doing what it does – seeking value in common stocks on the NYSE…

Conclusion

Both silver and gold bullion sit within the top 0.2% of US mutual funds over the last 10, 5 and 3 years. No guarantee that performance will continue, of course, but you might want to ask your favorite mutual-fund manager what he or she is planning to do in 2013 to beat a lump of dumb metal.

*http://www.24hgold.com/english/news-gold-silver-gold–silver-beat-99-8-of-wall-street-s-finest.aspx

 

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