AGYCX

About AGYCX

The American Century Global Gold Fund C Class is a mutual fund focused on equity investments in companies involved in the global gold and precious metals industry. Its primary objective is to achieve a total return by allocating at least 80% of its assets to firms engaged in the mining, processing, fabrication, distribution, or exploration of gold and related metals worldwide. The fund is diversified across leading gold mining companies from different regions, offering investors exposure to both established and emerging market producers. Notable holdings typically include prominent miners and royalty companies such as Agnico Eagle Mines, Zijin Mining Group, AngloGold Ashanti, Wheaton Precious Metals, and Franco-Nevada. The fund’s strategy seeks to capture the price dynamics and growth potential of the precious metals sector, making it sensitive to fluctuations in global gold prices and commodity market cycles. With a concentrated industry focus, the fund can experience greater volatility compared to diversified equity funds, reflecting the unique risks and rewards inherent to the gold sector. It serves investors seeking participation in the global gold trade and acts as a specialized tool within a broader investment portfolio.