Midas Fund (MIDSX)
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
Fund Reports and Information
You should carefully consider the investment objectives, risks, charges and expenses of the Midas Funds by reading the prospectus carefully before investing or sending money. Consult with your tax advisor or attorney regarding specific tax issues.
Investment products, including shares of the Midas Funds, are not federally or FDIC insured, are not deposits or obligations of, or guaranteed by, any financial institution and involve investment risk, including possible loss of principal and fluctuation in value.
For investment risks associated with the Funds, please read "Principal Investment Objectives, Strategies and Risks," and "Additional Investment Risks" in the free prospectus, which contains this and other important information about the Midas Funds. You can obtain a prospectus by contacting us at 1-800-400-MIDAS (6432) or downloading it below.
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.
Past Performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Each of the investment products (including the mutual funds) or services referred to in this site may be offered only to persons in the United States. This website should not be considered a solicitation or offering of any investment products or services to investors residing outside the United States. Each Fund is described in a combined prospectus that contains more complete information about each Fund, including management fees and other charges and expenses. Request a prospectus and read it carefully before you invest or send money. Please print out from this site or e-mail or call us at 1-800-400-MIDAS (6432) to obtain a free prospectus. "Midas", "Midas Funds" (design), and "The Midas Touch" registered trademarks are the property of Performance Driven Properties, Inc. Midas Securities Group, Inc., Distributor.