NEW YORK ( TheStreet) -- Investors who hold gold to shield their portfolios from accelerating inflation now wish they were alchemists. Seven of the 10 worst-performing equity mutual funds in January track mining shares.The Rydex Series -- Precious Metals Fund (RYPMX) tumbled 13% last month, bringing its 12-month gain to 29%. Top holdings include Freeport McMoRan Copper & Gold (FCX - Get Report), Newmont Mining (NEM - Get Report) and Barrick Gold (ABX - Get Report).
Gold Funds Quickly Lose Their Glitter
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