Midas Fund MIDSX

Tom Winmill
Portfolio Manager

Performance information from
Morningstar.com

London

Morningstar Investment Profile

	Net Asset Values as of May 16, 2012
	Fund	Symbol	Closing	Net Change	More Performance Information
	Midas Fund	MIDSX	2.32	-0.03

MIDAS FUND seeks primarily capital appreciation and protection against inflation and, secondarily, current income.

In pursuit of its investment objective, the Fund invests at least 65% of its total assets in (i) securities of companies primarily involved, directly or indirectly, in the business of mining, processing, fabricating, distributing or otherwise dealing in gold, silver, platinum or other natural resources and (ii) gold, silver, and platinum bullion.  Up to 35% of the Fund’s assets may be invested in securities of companies that derive a portion of their gross revenues, directly or indirectly, from the business of mining, processing, fabricating, distributing, or otherwise dealing in gold, silver, platinum, or other natural resources, in securities of selected growth companies, and fixed income securities of any issuers, including U.S. government securities.

Midas Fund is subject to the risks associated with concentration, foreign investment, leverage, market fluctuations, mining, investments in gold, silver, platinum, and other precious metals, non-diversification, short selling, options, and futures transactions, small capitalization investing, natural resource companies, depletion and exploration risk, and in-kind redemptions.

The Midas Funds are managed by Midas Management Corporation, a wholly owned subsidiary of Winmill & Co. Incorporated. Winmill & Co. is engaged through subsidiaries in stock market and gold investing through its investment management of mutual funds and closed end funds.