Access your account with The Midas Touch®
info@performancedriven.us
800-400-6432
The Midas Touch gives you free, 24-hour access to your Midas investments by telephone and the internet. With The Midas Touch you can monitor your investments, check your account balances and account activity, retrieve your account history, exchange between Funds, review recent transactions, and purchase or redeem Fund shares using Electronic Funds Transfer (EFT) to move money from or to your authorized bank account.
Obtain, without obligation, Fund prospectuses and Account Applications for regular, IRA and other tax-advantaged retirement accounts, as well as Automatic Investment/Systematic Withdrawal Forms for regular monthly investing and IRA Transfer Forms.
Obtain closing market information and Fund closing prices.
Initiate account transactions, such as automated EFT purchases and exchanges between Funds.
Speak with Shareholder Service Representatives, available from 8 a.m. to 6 p.m. ET.
Yes, investing with Midas is easy! Click here to open an account with The Midas Touch!
We offer Midas Discovery and Midas Special Opportunities:
Midas Discovery (Ticker: MIDSX) (CUSIP: 59562C109)
Midas Special Opportunities (Ticker: MISEX) (CUSIP: 59563P109)
We offer the Midas Automatic Investment/Systematic Withdrawal plan. With this program, you can establish a convenient and affordable long term program of investing as little as $100 per month through one or more of the Plans explained below. Questions? Just call 800-400-6432 today.
Automatic Investment/Systematic Withdrawal Form
Arrange for automatic investment into your Midas account or systematic withdrawal — bi-weekly, monthly, quarterly, annually or semi-annually — between your bank account and your Midas account.
Automatic Salary Investing Plan
Have your employer automatically deduct and invest a pre-determined part of your salary into your Midas account.
Systematic U.S. Government Direct Deposit Form
Have your U.S. Government payment directly deposited to your Midas account.
You can connect your bank account in The Midas Touch to make additional purchases and redemptions safely and electronically to and from your Midas Funds account. Simply login here, then click Bank Information on the left navigation menu and follow the instructions to Add New Bank.
$2,000 is the minimum required to open a Regular, IRA, and Education Savings account. Minimum subsequent investments are $100. When an account is opened under the Automatic Investment Plan, the minimum initial investment is $100.
There is no charge to make an exchange. For shares that are redeemed within 30 days of purchase there is a 1% redemption fee retained by the Fund.
Yes. If you own Fund shares with a value of at least $20,000 you may elect an automatic monthly or quarterly withdrawal from your account, with the amount mailed to you or to your bank account.
For assistance with accessing your online account, please contact Shareholder Services at 800-400-6432, from 8 a.m. - 6 p.m. ET.
Mailing address:
Midas Funds
Box 46707
Cincinnati, OH 45246-0707
Call Midas toll-free at 800-400-6432, from 8 a.m.- 6 p.m. ET, to be assigned an account number and for wiring instructions.
To obtain a signature guarantee, you must sign in the presence of an authorized officer of an eligible guarantor institution. Eligible guarantors include Domestic (U.S.) Banks, Domestic (U.S.) Savings Associations, Domestic (U.S.) Brokers, Dealers, Municipal Securities Brokers, Government Securities Dealers and Securities Brokers, Domestic (U.S.) Credit Unions, or members of Domestic (U.S.) National Securities Exchanges, Registered Securities Associations and Clearing Agencies.
Each shareholder’s signature must have a Medallion Signature Guarantee Stamp. The stamp (pictured) has a bar code and is stamped in light green ink by most banks or brokers.
If you have questions, please contact a Shareholder Service Representative at 800-400-6432.
Update your address online by following these three simple steps:
Log into The Midas Touch by clicking Account Access on MidasFunds.com and logging in using your online account access credentials.
After logging in, select Address Update under the Account tab in the left navigation menu.
On this page you can update the address, email address, phone number and/or beneficiaries associated with your account.
Or to change the address on your account by mail:
Send us a letter of instruction including your name and account number. We will restrict the mailing of redemption proceeds to your address of record within 30 days of such address change unless you provide a letter of instruction with your signature guaranteed (see above).
To change your bank's address by mail:
Send us a letter of instruction with your signature guaranteed (see above) and a copy of a voided check reflecting your new bank account. You can also connect your bank account in The Midas Touch to make additional purchases and redemptions safely and electronically to and from your Midas Funds account. Simply click Account Access on MidasFunds.com and log in to the online account access portal. Then, click Bank Information on the left navigation menu and follow the instructions to Add New Bank.
To redeem shares in your account and have the proceeds mailed to an address different than your current address by mail:
Send us a letter of instruction with your signature guaranteed (see above).
You can also call Shareholder Services at 800-400-6432, from 8 a.m.- 6 p.m. ET, for more information.
There is no charge for shareholders to receive account statements, confirmations, and tax forms electronically (i.e., by e-delivery). You can make your e-delivery election by visiting www.MidasFunds.com and logging in to your The Midas Touch® account. With The Midas Touch, you receive 24/7 access to view your account statements, confirmations, and tax forms. If you elect to receive these materials in paper by mail, your account may be charged an annual $20 account service fee to cover printing, mailing, postage, handling, and related charges (unless such fee is waived by the Funds or the Investment Manager for any or all shareholders in their discretion for any reason). The account service fee may be applied to both retirement and nonretirement Fund accounts and may be assessed on Fund accounts regardless of the account minimum. The fee, which will be collected by redeeming Fund shares in the amount of $20, will be deducted from Fund accounts subject to the fee once per calendar year.
Don’t have an online The Midas Touch account? Sign up, with these easy steps:
Click here to register your existing Midas account for online access with The Midas Touch.
To create your online account access, you will need your: Midas Funds account number, social security number or business TIN, date of birth, zip code, and email address.
If your email address is not recognized, contact Shareholder Services at 800-400-6432 to link your email address to your account
Check out our video tutorials on all things Midas Touch at www.MidasFunds.com/invest-now/open-account. We hope that you will enjoy the Midas Touch enhanced online experience!
Follow these three simple steps:
Log into The Midas Touch by clicking here. If you have not registered for The Midas Touch, click on Account Access and follow the registration instructions under “Sign up for Midas Touch online access.”
Select Document Delivery Settings under the Document tab in the left navigation menu.
Choose to have confirmation statements, account statements, tax forms, and/or regulatory documents, such as annual and semi-annual reports and prospectuses, sent to your e-mail address. That’s it!
Each IRA type allows owners to make contributions of up to the applicable dollar limit of earned income each tax year. Assets are not subject to income taxes while in IRA.
If the account owner is under 59½, assets can be withdrawn from either IRA exempt from early withdrawal penalties (but not taxes) if used to pay qualifying college expenses or certain home purchases.
There are two primary differences between Traditional IRAs and Roth IRAs. Contributions to Roth IRAs are never tax-deductible but contributions to Traditional IRAs may be deductible or non—deductible.
Roth IRAs offer tax-sheltered growth. This means that investments grow free of federal income taxes. An investor pays no federal income tax at all on qualifying withdrawals.
Traditional IRAs offer tax-deferred growth. This means that investments can grow free of federal income taxes until withdrawals are taken.
You can open your retirement account by clicking here.
You can also mail a completed paper application to us with your check or by wire. You can also set up Automatic Investment options with some accounts.
By mail: Simply complete an application, enclose it with your check drawn to the order of Midas Funds, and mail to
Midas Funds
Box 46707,
Cincinnati, OH 45246-0707.
By wire: Call Midas toll-free at 800-400-6432, 8 a.m.- 6 p.m. ET, to be assigned an account number and for wiring instructions.
You should carefully consider the investment objectives, risks, charges and expenses of mutual funds before investing or sending money. For a free prospectus, which contains this and other important information about the Midas Funds, please contact us or download here. Read the prospectus carefully before you invest (or send money).
You can make contributions to your IRA by telephone, web, wire, mail or automatic investment.
Phone: Just dial toll-free 800-400-6432 and follow the prompts to speak with a Shareholder Services Representative between 8 a.m. and 6 p.m., ET.
Online: Login to your Midas Touch account here.
Mail: Simply detach the FastDeposit form from your statement and enclose it with your check drawn to the order of Midas Funds.
Wire: Call Midas toll-free at 800-400-6432, 8 a.m.- 6 p.m. ET, to be assigned an account number and for wiring instructions.
IMPORTANT: Make sure you write your account number and the contribution year on the check. If you are funding your Rollover IRA, write ‘Rollover’ on the check or complete the Rollover IRA Designation Form to accompany your check or stock for deposit into your Rollover IRA.
No account service fees are charged for Midas Funds’ retirement accounts. Please refer to the Prospectus for more details.
A distribution form can be obtained here or by calling 800-400-6432 or you can write a letter of instruction. A signature guarantee is needed if the distribution is not going to the address of record.
These frequently asked questions and answers are provided for general information only and should not be cited as any type of legal authority. They are designed to provide the user with information required to respond to general inquiries. Due to the uniqueness and complexities of Federal tax law, it is imperative to ensure a full understanding of the specific question presented, and to perform the requisite research to ensure a correct response is provided.
For more specific questions, e-mail us at info@performancedriven.us or contact Midas Funds Shareholder Services at 800-400-6432, 8 a.m. - 6 p.m. ET.
Escheatment/Inactive Accounts. In accordance with applicable state escheatment law, if shareholder contact does not occur on any account maintained by our transfer agent within the time frame specified by that applicable law, or if our mailings to a shareholder are returned as undeliverable during that time frame, the assets in that account (shares and/or any uncashed checks) may be transferred to that state as unclaimed property. NOTE: If you fail to have such contact and maintain a deliverable address with our transfer agent, your property may be escheated to your last known state of residency after which you will need to claim the property from that state.