Midas Funds

Midas Perpetual Portfolio (MPERX)

Net Asset Value as of May 26, 2015

FundSymbolClosingNet Change
Midas Perpetual PortfolioMPERX 1.00 -0.02

Morningstar Investment Profile

MIDAS PERPETUAL PORTFOLIO seeks to preserve and increase the purchasing power value of its shares over the long term. The investment strategy of the Fund acknowledges a broad range of economic possibilities and seeks to incorporate investments appropriate for each of them. Investors who wish to invest all or a portion of their capital in a way that does not depend on any particular outcome for the economy should consider purchasing shares in the Fund.

In pursuit of its investment objective, the Fund normally seeks to invest a fixed target percentage of its total assets in each of the following categories:

Investment Category Target Percentage
Gold
20%
Silver
10%
Swiss Franc Assets
20%
Hard Asset Securities
25%
Large Capitalization Growth Stocks
25%
Total
100%

Pending investment, or for purposes of taking temporary defensive positions, the Fund may hold money market funds, money market instruments, bank deposits, investment grade, short term corporate bonds and banker's acceptances, and similar investments without limit. Also, from time to time, the Fund may use leverage to increase its investment in large capitalization growth stocks, as follows for example:

 
Target Percentage with Leverage
Investment Category
As an Approximate
Percent of Net Assets
As an Approximate
Percent of Total Assets
Gold
20%
16%
Silver
10%
8%
Swiss Franc Assets
20%
16%
Hard Asset Securities
25%
20%
Large Capitalization Growth Stocks
50%
40%
Total
125%
100%

Midas Perpetual Portfolio is subject to the Principal Risks associated with market fluctuations, foreign investment, pricing, non-diversification, investments in gold, silver, platinum, and other precious metals, natural resource companies, investments companies and ETFs, depletion and exploration risk, in-kind redemptions, securities selection, securities lending, Swiss franc assets, real estate companies, and fixed income securities risk.