About USAGX
The Victory Precious Metals and Minerals Fund is a mutual fund primarily focused on companies involved in the exploration, mining, and processing of gold and other precious metals and minerals, such as platinum, silver, and diamonds. The fund’s central objective is to achieve long-term capital appreciation while seeking to protect the purchasing power of its investors’ capital, particularly during periods of inflation. It typically invests at least 80% of its assets in the equity securities of both domestic and foreign firms, including those located in emerging markets, concentrating in the precious metals and minerals sector. This focus allows the Victory Precious Metals and Minerals Fund to provide exposure to a unique segment of the global economy, which can serve as a hedge against inflation and currency risks. The fund is non-diversified, meaning it may hold a substantial portion of its assets in a limited number of issuers, which could increase its exposure to economic or industry-specific developments compared to more broadly diversified funds. Performance can be more volatile than general equity funds, but its industry-specific approach positions it as a specialized investment vehicle for those seeking targeted access to the precious metals and minerals space.
Fund Family Victory Capital Management Inc.
Category Equity Precious Metals
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol USAGX
Share Class Victory Precious Metals And Minerals Fund Shares
Index MSCI AC World NR USD
USAGX had a total return of 70.47% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.40%.
