First Eagle Gold Fund Class A (SGGDX)
First Eagle Gold Fund Class A operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $60.62, up 0.63% on the session, giving a market capitalisation of $5.20B. Its beta of 0.62 implies it has historically moved less than the broad market.
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.
First Eagle Gold Fund Class A is most often compared with the following Financial Services names: