Yahoo Finance How is Fidelity Select Gold Fund (FSAGX) Performing?
Fidelity Select Gold (FSAGX) a Zacks Rank #1 (Strong Buy) invests a large portion of its assets in common stocks of companies principally engaged in gold-related activities, and in gold bullion or coins.
This Precious Metal fund, as of the last filing, allocates their fund in three major groups; Precious Metal and Intermediate Bond. Further, as of the last filing, NEWMONT MINING CORP, RANDGOLD RESOURCES LTD and BARRICK GOLD CORP were the top holdings for FSAGX.
The Fidelity Select Gold fund, managed by Fidelity, carries an expense ratio of 0.93%. Moreover, FSAGX requires a minimal initial investment of $2,500.
FSAGX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3 year benchmarks; 1 year 110.46% and 3 year 8.76%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .
FSAGX’s performance, as of the last filing, when compared to funds in its category was in the top 22% over the past 3 years and in the 53% over the past 5 years.
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