About UIPMX
Victory Precious Metals and Minerals Fund Institutional Class is an open-end mutual fund specializing in equity investments within the precious metals and minerals sector. Its primary objective is to achieve long-term capital appreciation and offer investors a measure of inflation protection by focusing on companies engaged in the exploration, mining, or processing of gold, platinum, silver, diamonds, and other precious minerals. The fund invests at least 80% of its assets in both domestic and international firms, including those in emerging markets, providing strong exposure to the global mining industry. Managed by Victory Capital Solutions, the fund maintains a concentrated portfolio, holding around 30–33 stocks, with a notable portion allocated to its top 10 holdings. Designed as a sector and alternative strategies fund, it seeks to reduce portfolio volatility and may act as a hedge during inflationary periods. The fund appeals primarily to institutional investors due to its high minimum investment threshold and serves as a specialized tool for diversifying portfolios with a focus on real asset producers in the metals and mining sector.
Fund Family Victory Capital Management Inc.
Category Equity Precious Metals
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol UIPMX
Share Class Victory Precious Metals And Minerals Fund Institutional Shares
Index MSCI AC World NR USD
UIPMX had a total return of 73.42% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.98%.
