About FGADX
Franklin Gold and Precious Metals Fund Advisor Class is a mutual fund specializing in investments within the global precious metals sector. Its primary objective is capital appreciation, achieved by allocating at least 80% of its net assets to companies worldwide engaged in the mining, processing, or dealing of gold, silver, platinum, and palladium. While its core focus is on equities tied to gold and precious metals operations, the fund also pursues a secondary goal of generating current income for shareholders through dividends or interest received from its holdings.
Notably, the fund predominantly invests in international companies and maintains significant exposure to small- and mid-cap firms, resulting in a portfolio that is less diversified and may exhibit higher idiosyncratic and liquidity risk compared to peers in the precious metals category. As a result, it tends to capture the unique dynamics and volatility of the metals mining industry. The fund's performance is often measured against other equity precious metals funds, and it serves as a targeted vehicle for investors seeking exposure to trends in global precious metals production and markets.
Fund Family Franklin Templeton Investments
Category Equity Precious Metals
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FGADX
Share Class Advisor Class
Index JP Morgan EMBI Global Diversified TR
FGADX had a total return of 180.68% in the past year, including dividends. Since the fund's
inception, the average annual return has been 16.47%.
