Robert Kleinschmidt, CFA, portfolio manager of the Tocqueville Fund (TOCQX), discusses his views on commodity prices as well as Tocqueville's bottom-up stock picking strategy with Consuelo Mack on WealthTrack.
February 2016
Disclosure: Opinions and information provided in this video are as of the date indicated and may change at any time. The material should not be construed as investment advice. No representation is made concerning the accuracy of cited data, nor is there any guarantee that any projection, forecast or opinion will be realized.
The Tocqueville Fund (the “Fund”) may be offered only to persons in the United States and by way of a prospectus. This literature should not be considered a solicitation or offering of any investment products or services to investors residing outside of the United States. Please consider the investment objectives, risks, and charges and expenses of the Fund carefully before investing. The prospectus contains this and other information about the Fund. For more complete information on this Fund, including its charges and expenses, please obtain a free prospectus by downloading a copy from the website below, by contacting an authorized broker/dealer, or by calling 1-800-697-3863. Please read the prospectus carefully before you invest or send money. Past performance is no indication of future results.
References to stocks, securities or investments should not be considered recommendations to buy or sell. Securities that are referenced may be held in portfolios managed by Tocqueville Asset Management L.P. (“Tocqueville”) or by principals, employees and associates of Tocqueville, and such references should not be deemed as an understanding of any future position, buying or selling, that may be taken by Tocqueville. Tocqueville is the investment adviser of the Fund. The Tocqueville Fund is distributed by Tocqueville Securities, L.P.
Fund holdings are subject to change at any time and are not recommendations to buy or sell any security. Holdings are based on percent of net assets. Fund holdings and average annual total returns for 1, 3, 5 and 10 years for The Tocqueville Fund ending December 31, 2015 are as follows:
* The Advisor has contractually agreed to waive management fees and/or reimburse expenses in order to ensure that Fund's expense ratio does not exceed 1.25% (excluding taxes, interest expense, acquired fund fees and expenses, or extraordinary expenses such as litigation) until at least 3/1/2017. In the absence of these fee waivers, total returns would be lower.
Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. The performance assumes reinvestment of capital gains and dividends. Fund performance current to the most recent month-end may be lower or higher than the performance quoted and can be obtained by calling 1-800-697-3863 or visiting www.tocqueville.com/mutual-funds.
