Introduction to Frank Holmes and U.S. Global Investors
Frank Holmes is a renowned figure in the investment world, serving as the CEO and chief investment officer of U.S. Global Investors, Inc. This boutique investment advisory firm, based in San Antonio, specializes in managing domestic and offshore funds that focus on the natural resources and emerging markets sectors. The company’s portfolio includes a range of no-load mutual funds, such as the Global Resources Fund, the World Precious Minerals Fund, and the Gold Shares Fund.
Investment Funds and Objectives
Each of these funds has its unique investment objectives, risks, charges, and expenses. For instance, the Global Resources Fund (ticker PSPFX) invests in companies involved in the production and distribution of natural resources. The World Precious Minerals Fund (UNWPX) focuses on companies engaged in the mining and production of precious minerals like gold and silver. The Gold Shares Fund (USERX) invests in companies that are primarily involved in the gold mining industry. It is essential for potential investors to carefully consider these factors and obtain a fund prospectus by visiting the company’s website or by contacting them directly.
Important Considerations for Investors
All opinions expressed and data provided by U.S. Global Investors are subject to change without notice. Some of these opinions may not be suitable for every investor, particularly those who are new to investing in foreign and emerging markets. These types of investments involve special risks, such as currency fluctuation, less public disclosure, as well as economic and political risks. Therefore, it is crucial for investors to thoroughly understand these risks and conduct their own research before making any investment decisions.
Benchmarks for Gold Companies
To measure the performance of gold companies, benchmarks like the S&P/TSX Global Gold Index and the FTSE Gold Mines Index Series are used. The S&P/TSX Global Gold Index tracks the world’s leading gold companies, providing an investable representative index of publicly-traded international gold companies. The FTSE Gold Mines Index Series includes all gold mining companies that have a sustainable and attributable gold production of at least 300,000 ounces a year and derive 75% or more of their revenue from mined gold. These benchmarks help investors evaluate the performance of their investments in the gold sector.
Holdings and Portfolio Composition
As of June 30, 2007, the holdings of U.S. Global Investors’ funds included several notable companies. For example, the China Region Opportunity Fund had a 1.74% holding in Jiangxi Copper. The World Precious Minerals Fund had holdings in Silvercorp Metals Inc. (2.78%) and Gold Fields Ltd. (2.58%), while the Global Resources Fund had smaller holdings in these companies. The Gold Shares Fund had a significant holding in Gold Fields Ltd. (6.05%) and a smaller holding in Sino Gold Mining Ltd. (1.03%). Understanding the composition of these funds’ portfolios can provide valuable insights for investors.
Conclusion
In conclusion, U.S. Global Investors, led by Frank Holmes, offers a range of investment opportunities in the natural resources and emerging markets sectors. With a focus on gold and precious minerals, the company’s funds provide investors with a way to tap into these potentially lucrative markets. However, as with any investment, it is essential to carefully consider the risks, charges, and expenses involved. By conducting thorough research and understanding the benchmarks and holdings of these funds, investors can make informed decisions that align with their investment objectives and risk tolerance.
