Fund Evaluator:
EuroPac Gold A (EPGFX)
Follow This Fund
Best Performing in Equity Precious Metals Over the Last Year
| 69.9% | Midas Discovery (MIDSX) |
| 69.6% | Gabelli Gold I (GLDIX) |
| 68.3% | US Global Investors World Prec Mnral (UNWPX) |
| 67.6% | US Global Investors Gld & Prec Mtls (USERX) |
| 64.0% | Sprott Gold Equity Investor (SGDLX) |
Fund Details
EuroPac Gold A Overview
EuroPac Gold A (EPGFX) is an actively managed Sector Equity Equity Precious Metals fund. Euro Pacific Asset Management launched the fund in 2013.
The investment seeks long-term capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in the securities of gold companies located in Europe and the Pacific Rim. The fund's advisor defines securities of gold companies as equity securities of companies that derive at least 50% of gross revenue or profit from mining, processing, or dealing and investing in gold, as well as companies whose primary business is exploring for gold or that provide services to the gold industry. It may invest up to 15% of its net assets in private placements and other restricted securities.
About EuroPac Gold A (EPGFX)
There are 1 members of the management team with an average tenure of 13.13 years: Adrian Day (2013). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Philadelphia SE Gold&Silver index with a weighting of 100%. EuroPac Gold A has 66 securities in its portfolio. The top 10 holdings constitute 52.9% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
EuroPac Gold A is part of the Equity global asset class and is within the Sector Equity fund group. EuroPac Gold A has 86.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 13.2%. There is 86.1% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). EuroPac Gold A has 0.2% of the portfolio in cash.
Assets Under Management
The fund has $377 million in total assets, which is below the $547 million average for the Equity Precious Metals category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
EPGFX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The EuroPac Gold A expense ratio is high compared to funds in the Equity Precious Metals category. EuroPac Gold A has an expense ratio of 1.33%, which is 4% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. EuroPac Gold A has a portfolio turnover rate of 26%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 58% for the Equity Precious Metals category.
Recently, in the month of August 2026, EuroPac Gold A returned 30.9%, which earned it a grade of D, as the Equity Precious Metals category had an average return of 31.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
EuroPac Gold A has a trailing yield of 5.79%, which is above the 4.40% category average. The fund normally distributes its income annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
EuroPac Gold A Grades
Year to date, the fund has returned 18.4%, 1.7 percentage points better than the category, which translates into a grade of B. The fund has returned 53.9% over the past year (grade of F), 43.5% over the past three years (grade of F) and 20.5% per year over the past five years (grade of F) and 12.7% per year over the past 10 years (grade of F).
For more mutual fund grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.
Otherwise, for more information about EuroPac Gold A, including its riskiness, submit your email to unlock the rest of the article.
Gain access to exclusive AAII member-only content.
EPGFX Trailing NAV Total Returns Data as of 8/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| EPGFX Return (NAV) | 30.9% | 9.7% | 53.9% | 43.5% | 20.5% | 12.7% |
| EPGFX Grade | D | D | F | F | F | F |
| +/- Category | -0.5% | 0.0% | -8.2% | -8.7% | -4.4% | -2.0% |
| Equity Precious Metals Avg | 31.4% | 9.7% | 62.2% | 52.2% | 25.0% | 14.7% |
| EPGFX Tax Cost Ratio | na | na | 2.6% | 2.1% | 1.5% | 1.9% |
EPGFX Annual NAV Total ReturnsData as of 8/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| EPGFX Return (NAV) | 18.4% | 129.0% | 8.5% | 2.3% | -14.0% | -18.0% | 37.0% | 37.3% | -13.9% | 12.7% | 73.0% |
| EPGFX Grade | B | F | F | D | D | F | B | D | C | B | A |
| +/- Category | 1.7% | -24.6% | -5.6% | -2.3% | -0.5% | -8.6% | 5.1% | -4.8% | 0.5% | 3.5% | 21.6% |
| Equity Precious Metals Avg | 16.7% | 153.6% | 14.1% | 4.6% | -13.5% | -9.4% | 32.0% | 42.1% | -14.4% | 9.1% | 51.4% |
| Risk Measures | |
| Standard Deviation: | 36.4% |
| Total Risk Index: | 2.99 - High |
| Category Risk Index: | 0.95 - Low |
| Category Risk Grade: | A (13% Rank) |
| Beta: | 0.92 |
| R-Squared: | 10% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Mid-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 5.8% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | |
| Total Assets: | $662 Mil |
| Fund Total Assets: | $ 377 Mil |
| Share Class Type: | A |
| Portfolio Turnover: | 26% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 13.1 years | |||
| Average Tenure: 13.1 years | |||
| Managers (Year): Day Adrian (2013) | |||
Portfolio Composition (as of 4/30/26)
| # of Holdings: | 66 |
| % in Top 10 Holdings: | 52.9% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 86.1% |
Portfolio Allocation |
|
| Domestic Stock: | 13.2% |
| Foreign Stock: | 86.1% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.5% |
| Cash: | 0.2% |
Purchase Information
| Fund Family: | Euro Pacific Asset Management |
| Phone Number: | 888-558-5851 |
| Website: | www.europacificfunds.com |
| Status: | Open |
| Inception Date: | July 19, 2013 |
| Min. Initial Purchase: | $2,500 |
| Min. Initial IRA Purchase: | $2,500 |
| True No-Load: | No |
| Front Load Maximum: | 4.50% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 1.33% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.28% |
| Share Class: | EuroPac Gold A |
| Min. Subsequent Purchase: | $ 250 |
| Min. Subsequent IRA Purchase: | $ 250 |
