- What does FEGOX invest in?
- This fund provides investors with an avenue to access the unique investment characteristics of gold within their broader portfolio. To achieve this, it commits at least 80% of its net assets, including any capital borrowed for investment, to physical gold, securities directly associated with gold, or companies whose primary business is in the gold industry. This includes investments in gold mining finance companies and firms operating mines with short, medium, or long operational lifespans. The fund utilizes a non-diversified investment strategy.
- What is the expense ratio of FEGOX?
- First Eagle Gold Fund Class C (FEGOX) charges an expense ratio of 1.89%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FEGOX?
- First Eagle Gold Fund Class C (FEGOX) is one share class of a fund that manages $5.20B across all of its share classes (FEGIX, SGGDX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is FEGOX actively managed or an index fund?
- FEGOX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FEGOX's is 1.89%) in exchange for the discretion to over- or under-weight positions.
- When was FEGOX launched?
- First Eagle Gold Fund Class C (FEGOX) launched in May 2003 and is managed by First Eagle.
- How has FEGOX performed?
- FEGOX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
