The most notable companies in this group are Freeport-McMoran (NYSE:FCX), Newmont Corp (NYSE:NEM), Barrick Gold Corp (NYSE:GOLD), Wheaton Precious Metals Corp (NYSE:WPM), Gold Fields Ltd (NYSE:GFI).
The investment seeks capital appreciation.
Under normal circumstances, the fund invests substantially all (at least 80%) of its net assets in equity securities of Precious Metals Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. It may invest to a significant extent in the securities of Precious Metals Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Precious Metals Companies and U.S. government securities. It is non-diversified.
The average market capitalization across the Rydex Precious Metals C MF is 19.48B. The market cap for tickers in the group ranges from 7.23B to 52.83B. FCX holds the highest valuation in this group at 52.83B. The lowest valued company is AU at 7.23B.
The average weekly volume growth across all stocks in the Rydex Precious Metals C MF was 39%. For the same stocks of the MF, the average monthly volume growth was -16% and the average quarterly volume growth was -22%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 31
P/E Growth Rating: 32
Price Growth Rating: 57
SMR Rating: 78
Profit Risk Rating: 51
Seasonality Score: 34 (-100 ... +100)