The Gold Bullion Strategy Fund
QGLDX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 1445 Research Boulevard Rockville MD United States of America 20850
- IPO Date
- Jul 5, 2013
- CIK
- 0001556505
- Website
- quantifiedfunds.com
- Similar Companies
- Business
- The Gold Bullion Strategy Fund (QGLDX) is a mutual fund that seeks returns reflecting the daily performance of gold bullion prices, primarily through investments in gold bullion-related exchange-traded funds (ETFs), exchange-traded notes (ETNs), exchange-traded futures contracts, over-the-counter forward contracts, and fixed income securities including low-duration corporate bonds and notes; it may also invest up to 25% of total assets in a wholly-owned subsidiary focused on the gold bullion industry. The fund employs proprietary computer models to purchase gold futures contracts daily, aiming for precise tracking of New York Spot Gold prices at 1:30 p.m. EST close, while generating interest income from fixed income holdings to offset its expense ratio of 1.40% for Investor Class (no-load), Class A, and other share classes. Launched on July 9, 2013, with total net assets of approximately $150 million as of mid-2024 and a minimum initial investment of $1,000, the fund is managed by Advisors Preferred, LLC as investment adviser and Flexible Plan Investments, Ltd. (established 1981, Bloomfield Hills, Michigan headquarters) as sub-adviser, with portfolio managers Jerry C. Wagner, Tim Hanna, CFA, and Daniel Poppe, CFA; it is distributed by Ceros Financial Services, Inc. and available to U.S. investors with daily liquidity and traditional Form 1099 tax reporting. Targeting financial advisors and investors seeking gold exposure as a portfolio diversifier amid equity bear markets, dollar weakness, or negative real interest rates, the fund operates in the precious metals asset management segment without storage or insurance costs associated with physical gold. Recent developments include ongoing performance reporting through Q4 2024 showing a 24.17% annual return amid rising gold prices, weekly market updates (e.g., 1.84% gain for the week ending February 24, 2025), and sustained assets under management at $107.4 million as of Q2 2024, reflecting stable operations without reported acquisitions, partnerships, funding rounds, or strategic shifts in the past 1-2 years.