About AGGWX
The American Century Global Gold Fund R Class is a sector-focused mutual fund dedicated to investing primarily in the global precious metals industry. The fund allocates at least 80% of its net assets to companies engaged in gold and precious metals mining, processing, fabricating, distributing, or exploration, providing concentrated exposure to firms that are pivotal in the gold and related metals sector. While gold mining constitutes the core of the portfolio, the fund may also invest in companies involved with other precious metals such as silver and platinum, spanning businesses across North America, Australia, South Africa, and emerging markets.
Actively managed since its inception in 2007, the fund seeks to achieve long-term capital growth and dividend income for its investors. Its holdings are diversified across companies of various market capitalizations, including large, mid, and small-cap firms, yet remain heavily weighted toward international equities. The American Century Global Gold Fund R Class plays a distinctive role in the market as a way for investors to gain targeted exposure to the performance of precious metals, which typically offers both diversification and a potential inflation hedge within broader investment portfolios.
Fund Family American Century Investments
Category Equity Precious Metals
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol AGGWX
Share Class R Class
Index MSCI World NR USD
AGGWX had a total return of 6.68% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.87%.
