How Do You Invest In OCM Mutual Funds?
The OCM Gold fund, OCMGX, is managed by Greg Orell. As the president of Orell Capital Management, Greg Orell has managed the fund since its inception in 1988. The OCM Gold fund is a load fund that focuses on precious metals. As of October 2006, the fund’s assets totaled $106 million. OCM Gold invests primarily in the United States and Canada, but has some holdings in South Africa, the United Kingdom and Australia. Understand the OCM Gold fund’s objectives. Like similar funds, this mutual fund seeks long-term capital appreciation. Know that the OCM Gold fund invests no less that 80 percent of its assets in American and foreign companies that are involved in the gold mining industry. The fund invests in companies of all sizes. Recognize that the fund invests mostly in gold producers and gold-mining royalty companies. It also invests on a secondary level in companies that explore and develop gold mining. Understand that the fund’s main investment is in common stocks. Visit MorningStar.com
