Mutual Fund Insights: USAA Precious Metals and Minerals Fund (USAGX)

In-depth Analysis of USAA Precious Metals and Minerals Fund (USAGX)

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See USAA Precious Metals and Minerals Fund (USAGX) performance details as of January 31, 2010

  

Last Trade: $33.95 on 3/19/2010, Change: -0.67 (-1.94%)

  

Fund Manager - Mark W. Johnson

Fund Manager Tenure: 16.2 years
Fundmojo Fund Grade: A (Score: 0.76)     (What does this score mean?)

Johnson is executive director of equity investments with USAA Investment Management Company. He joined the company as a senior securities analyst in 1988. Previously, he spent 14 years with the trust investment departments of Old Kent Bank & Trust Company, where he was vice president, and with the National Bank of Detroit. Johnson holds the Chartered Financial Analyst designation.  Get more insights on Mark W. Johnson

  

 What we like about USAA Precious Metals and Minerals Fund (USAGX)

Data for USAA Precious Metals and Minerals Fund (USAGX) as of January 31, 2010

• USAA Precious Metals and Minerals Fund (USAGX) management has been with USAA Precious Metals and Minerals Fund for 16.2 years
• USAA Precious Metals and Minerals Fund (USAGX) has good short-term performance (1-year return 47.74% vs 35.27% Equity Precious Metals category average)
• USAA Precious Metals and Minerals Fund (USAGX) has good mid-term performance (3-year return 11.77% vs 5.52% Equity Precious Metals category average)
• USAA Precious Metals and Minerals Fund (USAGX) has good Long-term performance (5-year return 24.32% vs 16.14% Equity Precious Metals category average)
• USAA Precious Metals and Minerals Fund (USAGX) ratio of up-years vs down years is greater than 2
• USAA Precious Metals and Minerals Fund (USAGX) has a Morningstar rating of 4 and above
• USAA Precious Metals and Minerals Fund (USAGX) has a lower management fee than its Equity Precious Metals average: 1.31% vs 1.49%
• USAA Precious Metals and Minerals Fund (USAGX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about USAA Precious Metals and Minerals Fund (USAGX)

Data for USAA Precious Metals and Minerals Fund (USAGX) as of January 31, 2010

• USAA Precious Metals and Minerals Fund is a focused fund with 41.83% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• USAA Precious Metals and Minerals Fund (USAGX) is less safe compared to its Equity Precious Metals peers
• USAA Precious Metals and Minerals Fund (USAGX) is more volatile than its peers as it has a 3-year Standard Deviation of 47.77 that is higher than category average of 45.97

See USAA Precious Metals and Minerals Fund (USAGX) performance details as of January 31, 2010

  

  

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USAA Precious Metals and Minerals Fund (USAGX) Net Asset

Track net asset change of USAA Precious Metals and Minerals fund (USAGX)

Date	Net Asset
01/2010	$1.37B
11/2009	$1.60B
10/2009	$1.38B

More historic net asset information on USAA Precious Metals and Minerals Fund (USAGX)

  

USAA Precious Metals and Minerals Fund (USAGX) Portfolio Allocation

Track portfolio allocation change of USAA Precious Metals and Minerals fund (USAGX)

Date	Cash	Stock	Bond	Other
11/2009	6.6%	93.4%	0%	0%
08/2009	5.02%	92.48%	0%	2.5%
05/2009	5.05%	94.95%	0%	0%

Click here to see more historic asset allocation information on USAA Precious Metals and Minerals Fund (USAGX)

  

Most Recent Top 10 Holdings in USAA Precious Metals and Minerals Fund (USAGX)

Discover what USAA Precious Metals and Minerals Fund (USAGX) manager is buying

30-Nov-09 Randgold Resources Limited [4.98%] SILVER WHEATON CORP [4.87%] ANGLOGOLD ASHANTI LT [4.63%] Newcrest Mining Limited [4.37%] Sport Supply Group, Inc [4.03%] ELDORADO GOLD CORP [4.01%] Royal Gold, Inc. [3.99%] Impala Platinum Holdings [3.87%] COMPANIA MIN BUEN [3.62%] IAMGOLD CORPORATION [3.46%]

31-Aug-09 ELDORADO GOLD CORP [5.25%] ANGLOGOLD ASHANTI LT [5.25%] IMPERIAL CAPITAL BCR [4.85%] SILVER WHEATON CORP [4.6%] Newcrest Mining Limited [4.38%] Randgold Resources Limited [4.26%] GOLDCORP INC [4.2%] Sport Supply Group, Inc [3.84%] Royal Gold, Inc. [3.62%] LGL GROUP INC. [3.47%]

31-May-09 ANGLOGOLD ASHANTI LT [5.22%] IMPERIAL CAPITAL BCR [4.99%] Randgold Resources Limited [4.97%] Newcrest Mining Limited [4.46%] GENPACT LIMITED [4.4%] Yamana Gold, Inc. [4.28%] IAMGold Corporation [4.14%] Eldorado Gold Corporation, Ltd. [4.08%] LGL GROUP INC. [4%] Kinross Gold Corporation [3.84%]

Click here for Stock Holding Change Map in USAA Precious Metals and Minerals Fund (USAGX)

  

Related books and products to USAA Precious Metals and Minerals Fund (USAGX)

  

Latest News on USAA Precious Metals and Minerals (USAGX)

See what is happening with USAA Precious Metals and Minerals Fund (USAGX)

Investing in gold - Opportunities still exist (Fortune) [$$] Gold Miners ETF Could Outshine the Metal (at RealMoney by TheStreet.com) Heavy Metal Jacket For Defensive Investors (at CNBC) See more news on USAA Precious Metals and Minerals Fund (USAGX)

 

Books and Resources

 

 

See more information on USAA Precious Metals and Minerals Fund (USAGX)

• USAA Precious Metals and Minerals Fund Insights
• USAA Precious Metals and Minerals Fund Performance Data
• USAA Precious Metals and Minerals Fund News
• USAA Precious Metals and Minerals Fund Score Explaination
• USAA Precious Metals and Minerals Fund Manager Information
• Historic USAA Precious Metals and Minerals Fund Asset Allocation Report
• Historic USAA Precious Metals and Minerals Fund Top 10 Holding Tracking
• Historic USAA Precious Metals and Minerals Fund Asset Under Management Tracking