Gold fund managers take the spotlight Friday in
the Wall Street Journal Fund Track column
Daisy Maxey. Citing data from Morningstar
, Maxey notes that the average stock precious-metals fund is up 43 percent this year, and up 34 percent over the past 12 months. Those returns
have drawn money from investors, and she adds that the funds may extend their strong run due to global economic concerns.
, who calls the shots at the $2 billion Franklin Gold and
Precious Metals Fund
; Joseph Foster
, who helms the $808.3 million Van
Eck International Investors Gold Fund
, Doug Groh
, senior equity analyst for the $915.1 million Tocqueville Gold Fund
, and Morningstar
are quoted in the article.
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