Van Eck International Investors Gold Fund
The portfolio team at Van Eck International Investors Gold Fund (MUTF:INIVX) includes Joe Foster, a trained geologist. His background makes for a huge advantage when analyzing gold operators, often when trying to get a good estimate on their reserves.
During the past 10 years, Foster’s fund has posted an average return of nearly 20%. INIVX currently has about $1.4 billion under management; top holdings include Randgold Resources, New Gold (AMEX:NGD) and Osisko Mining.
The International Investors Gold Fund’s load-waived A shares charge 1.2% in expenses. The fund also yields 1.58% in dividends.
Tom Taulli runs the InvestorPlace blog IPOPlaybook, a site dedicated to the hottest news and rumors about initial public offerings. He is also the author of “How to Create the Next Facebook.” Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities.