The investment seeks long-term growth of capital.
The fund principally invests (normally at least 80% of its net assets, plus borrowings for investment purposes) in common stocks of domestic and foreign companies of any size engaged in all sectors of the gold mining industry. A foreign company is one that is organized under the laws of a foreign country and has the principal trading market for its stock in a foreign country. Under normal market conditions, it invests primarily in senior gold producers, intermediate/mid-tier gold producers and junior gold producers; and gold mining exploration and development companies. The fund is non-diversified.