Thursday, October 9, 2008

Invest in Midas Mutual Funds

Want the Midas touch? You can get it with Midas Funds. Midas offers three different mutual funds: Midas Dollar Reserves, the Midas Fund and the Midas Special Fund. The company even offers The Midas Touch account access, allowing investors to access their accounts from just about any location, using the telephone or the Internet. Through The Midas Touch, you can invest and view your updated account information at any time.

Get to Know the Midas Funds

Know that the Midas Fund invests in gold. Intermediate gold companies are chosen for this fund, based largely on their potential for production growth.

Understand that the Midas Special Fund targets capital appreciation. This fund invests in financially strong companies and seeks to utilize flexible strategies and timing to meet its objectives.

Recognize that the Midas Dollar Reserves is a type of money market fund that invests in United States government money market securities. It strives to maximize income and maintain liquidity while protecting capital.

Know that Winmill & Co. Incorporated is the firm responsible for managing Midas funds.

Choosing a Fund

Visit MidasFunds.com for in-depth information regarding the various funds available.

Consider your investment objectives. Determine which Midas fund or funds might best help you to meet your objectives.

Click the "Daily Prices" link, on the left side of the page, to view daily prices for the funds that interest you. This link takes you to NASDAQ.com.

Select "Midas Funds Top Ten" to view the top ten holdings of each fund.

Click the "Fund Strategies" link to view the listed strategies for each Midas fund.

Select "Shareholder Reports & Quarterly Portfolios" to find semi-annual and annual shareholder reports, as well as quarterly portfolio holdings. You'll need Adobe Acrobat Reader to view these reports.

Click on the "Prospectus, SAI & Retirement Plan Statements" link to find and review fund prospectuses and statements of additional information.

Choose the Midas mutual funds that interest you and decide how much to invest. The minimum investment for Midas mutual funds is $1.000; it's $100 if you opt for an automatic investment plan.

Download, print and mail a completed Midas account application along with your opening investment or invest through a broker or financial professional.

Tips & Warnings

  • When you open an account with Midas, the company will verify and record information pertaining to your identity. This is done to assist in guarding against the funding of terrorism, as well as to prevent money laundering.

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