- What does SGGDX invest in?
- This fund's primary objective is to offer investors a means to incorporate the unique investment attributes of gold into a segment of their overall financial portfolio. To achieve this, it commits a substantial portion—at least 80%—of its net assets (along with any capital borrowed for investment) to physical gold, financial instruments directly linked to gold, or companies predominantly engaged in the gold industry. This encompasses holdings in gold mining finance firms and operating companies involved in mining activities, irrespective of whether their mines have long, medium, or short operational lifespans. It operates as a non-diversified investment vehicle.
- What is the expense ratio of SGGDX?
- First Eagle Gold Fund Class A (SGGDX) charges an expense ratio of 1.14%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is SGGDX?
- First Eagle Gold Fund Class A (SGGDX) is one share class of a fund that manages $5.20B across all of its share classes (FEGIX, FEGOX 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 SGGDX actively managed or an index fund?
- SGGDX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (SGGDX's is 1.14%) in exchange for the discretion to over- or under-weight positions.
- When was SGGDX launched?
- First Eagle Gold Fund Class A (SGGDX) launched in August 1993 and is managed by First Eagle.
- How has SGGDX performed?
- SGGDX'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.
