FNARX, GAGEX: 2 Energy Funds with Over 10% Upside Potential, According to Analysts
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 23 2024
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Source: TipRanks
Energy Mutual Funds Benefits:
- Allow investors to diversify within the energy sector, reducing risk compared to individual stock selection.
- Offer higher liquidity and low minimum investment requirements.
FNARX Fund Overview:
- Invests in precious metals and companies owning or developing natural resources.
- Holds 38 assets with total assets of $656.70 million.
- Generated returns of about 11% over the past six months.
- Analysts project a 12.22% upside potential with an average price target of $53.18.
GAGEX Fund Overview:
- Focuses on long-term capital appreciation following the MSCI World Energy Index.
- Provides exposure to U.S. and non-U.S. energy-related companies.
- Holds 35 assets with total assets of $12.21 million.
- Gained 7.3% over the past six months.
- Analysts project a 10.75% upside potential with an average price target of $29.35.
Investing in Energy Mutual Funds:
- Presents a compelling opportunity for broad exposure to the energy sector while mitigating risk through diversification.
- Emphasizes the need for thorough research before investing.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








