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3 Ways to Play a Surge in Palladium Prices

Russia’s Ukraine crisis, ongoing South Africa strike could create serious shortage

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Vanguard Precious Metals And Mining Fund Investor Shares (VGPMX)

Vanguard mutual funds 401(k)Vanguard Precious Metals And Mining Fund Investor Shares (VGPMX) invests at least 80% of its assets in the stocks of foreign and U.S. precious metals mining, exploration, development, and distribution companies. Physical gold, silver or other precious metals holdings can comprise up to 20% of the fund’s holdings. The fund is managed by metals experts Jamie Horvat and Randeep Somel; top holdings include Johnson Matthey (JMAT) and Umicore (UMICF).

With $2.5 billion in assets, VGPMX is recovering from a tough 2013 which saw performance plummet more than 35% — the worst single-year drop since the supply glut in 2008. It should be noted that when a rebound in manufacturing devoured supplies in 2009, the fund gained a whopping 76% — similar supply-demand dynamics may be setting up here and if so, the fund could perform well in 2014. VGPMX has gained nearly 6% this year; it has a tiny expense ratio of only 0.26.

As of this writing, Susan J. Aluise did not hold a position in any of the aforementioned securities. 


Article printed from InvestorPlace Media, http://investorplace.com/2014/05/palladium-prices/.

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