Select Gold Portfolio
Actively managed developed international stock fund
As of its 2026 Q2 report, Select Gold Portfolio held 44 positions with $4.23B in net assets. Its ten largest holdings made up 68.8% of the fund. The FSAGX share class costs 0.64% a year. Over the 12 months to May 2026, FSAGX returned 73.2%, with dividends reinvested. In 2026 Q2 it added 6 new positions and exited 9.
Gold Portfolio seeks capital appreciation.
The fund normally invests at least 80% of assets in securities of companies principally engaged in gold-related activities—including exploration, mining, processing, and dealing in gold—along with gold bullion, coins, and instruments whose value is linked to gold prices. Up to 25% of assets in gold and other precious metals are held through a wholly-owned Cayman Islands subsidiary rather than directly. The fund may also invest in silver, platinum, diamonds, and other precious metals, as well as securities of companies that manufacture precious metal products or invest in such companies. The adviser uses fundamental analysis of financial condition, industry position, and market conditions to select investments.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
NEMNEWMONT CORP | 11.40% | $482.15M | 4.4M | $109.81 |
AEMAGNICO EAGLE MINES LTD | 11.27% | $476.81M | 2.6M | $183.86 |
WPMWHEATON PRECIOUS METALS CORP | 9.23% | $390.41M | 2.9M | $134.45 |
BBARRICK MINING CORP | 7.57% | $320.26M | 7.5M | $42.72 |
FNVFRANCO NEVADA CORP | 6.52% | $275.72M | 1.2M | $231.65 |
ANGLOGOLD ASHANTI PLC | 5.06% | $214.02M | 2.2M | $96.84 |
4.84% | $204.76M | 10.6M | $19.31 | |
KGCKINROSS GOLD CORP | 4.77% | $201.57M | 6.6M | $30.38 |
Fidelity Revere Street Trust | 4.41% | $186.60M | — | — |
IAGIAMGOLD CORP | 3.77% | $159.49M | 8.8M | $18.09 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
All 44 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.74% |
| Cash & short-term | 4.49% |
| Real assets | 0.06% |
By sector
- International
- 77.7%
- Materials
- 16.2%
- Cash
- 4.3%
- Financials
- 1.7%
- 1 other sector
- 0.1%
- International
- 77.7%
- Materials
- 16.2%
- Cash
- 4.3%
- Financials
- 1.7%
- Other
- 0.1%
How it has done
FSAGX share class · total returns with dividends reinvested
Volatility over the last 12 months: 43.90%. Past returns are a record, not a forecast.
The 6 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.64% | +73.20% | +189.56% | +113.20% | -23.55% | |
| 0.69% | +73.15% | +189.27% | +113.05% | -23.54% | |
| 0.94% | +72.68% | +186.99% | +110.01% | -23.58% | |
| 1.69% | +71.41% | +182.90% | +105.61% | -23.67% | |
| 1.19% | +72.27% | +184.83% | +107.24% | -23.61% | |
| 0.57% | +73.33% | +190.23% | +114.24% | -23.53% |
These classes hold the same portfolio, so the 8.63pp spread over 5 years is the cost difference between them — roughly 1.73pp a year — not a difference in what they own.
Fees & fund details
Select Gold Portfolio is an actively managed developed international equity fund.
- Asset class
- Equity
- Region
- Developed international
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Non-diversified
- Expense ratio, by class
- 0.57% – 1.69%· FSAGX 0.64%
- Portfolio turnover
- 60.00% a year · as of 2026 Q2
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
6 new
9 exited· the largest 8
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
- “Where do my funds overlap — FSAGX, QQQ and the fund in my 401(k)?”
- “How do this fund’s ten biggest holdings stack up against each other?”
- “For my target-date fund, what’s the real stock-and-bond mix once you look through it?”