Top five mutual funds returns in 2010

Dynamic Gold & Precious Metals I (DWGOX) sets itself apart from other mutual funds with a return that’s more than 11 percent greater than its nearest competitor. The fund invests 100 percent of its cash in materials with small-cap gold-mining stocks leading the way. Here’s a run-down on their most recently available Top 10 holdings.

There’s still time for some moving and shaking in the mutual fund markets, but two out of the top five funds tracked by Morningstar have started to differentiate themselves: Dynamic Gold and Precious Metals I (DWGOX), which has returned 41.97 percent YTD, and PIMCO’s Real Estate Real Return Stategy A, which has returned 30.56 percent YTD.

It shouldn’t be a surprise that gold and real estate are leading the charge into 2011. Inflation appears imminent and that’s good for both precious metals and land values. Consider it a harbinger of things to come.

Here’s a look at the Morningstar’s current top five mutual funds with the highest returns:

DWGOX Dynamic Gold & Precious Metals I 41.97
PETAX PIMCO Real Estate Real Return Strategy A 30.56
VEDTX Vanguard Extended Dur Treas Idx Instl 28.27
PEDIX PIMCO Extended Duration Instl 27.99
BTTRX American Century Target Mat 2025 Inv 27.21

Dynamic Gold & Precious Metals I (DWGOX) sets itself apart with a return that’s more than 11 percent greater than its nearest competitor. The fund invests 100 percent of its cash in materials with small-cap gold-mining stocks leading the way. Here’s a run-down on their most recently available Top 10 holdings:

Company Ticker % Holdings
Osisko Mining Corp. Sh TSE:OSK 9.67
San Gold Corp. CVE:SGR 9.55
Perseus Mining Ltd. ASX:PRU 6.77
Red Back Mining Inc. TSE:RBI 6.35
Aurizon Mines Ltd. AMEX:AZK 5.50
Eldorado Gold Corp. TSE:ELD 5.26
Andean Resources Ltd. ASX:AND 5.25
Allied Nevada Gold Corp. AMEX:ANV 5.09
Agnico-Eagle Mines Ltd. NYSE:AEM 5.08
Alamos Gold Inc. TSE:AGI 4.71

All but one of the mining stocks on the list above have had positive returns YTD: San Gold Corp., which has returned -4.32. Others, though, have exploded to the upside. Most notable among them: Andean Resources Ltd., which has returned 143.46 percent YTD, and Red Back Mining Inc., which has returned 101.87 percent. The moves prove two things: 1) all serious investors should study mutual funds for ideas on where the big money is, and 2) gold isn’t a fad – at least not yet.

Related Posts

Tocqueville Gold Fund (TGLDX) moves higher on Morningstar’s list of top-performing mutual funds

Leave a Reply

Your email address will not be published. Required fields are marked *