How to Invest in OCM Mutual Funds

The OCM Gold fund, OCMGX, is managed by Greg Orell. As the president of Orell Capital Management, Greg Orell has managed the fund since its inception in 1988. The OCM Gold fund is a load fund that focuses on precious metals. As of October 2006, the fund's assets totaled $106 million. OCM Gold invests primarily in the United States and Canada, but has some holdings in South Africa, the United Kingdom and Australia.

Difficulty: Moderately Easy

Instructions

Things You'll Need:

• Internet access
• Financial advisor or broker
• Funds to invest

Get to Know the OCM Gold Fund

1. Understand the OCM Gold fund's objectives. Like similar funds, this mutual fund seeks long-term capital appreciation.

2. Know that the OCM Gold fund invests no less that 80 percent of its assets in American and foreign companies that are involved in the gold mining industry. The fund invests in companies of all sizes.

3. Recognize that the fund invests mostly in gold producers and gold-mining royalty companies. It also invests on a secondary level in companies that explore and develop gold mining.

4. Understand that the fund's main investment is in common stocks.

Gathering Information

5. Visit MorningStar.com and click the "Funds" link on the bar near the top of the page.

6. Click "Premium Fund Screener"

7. Select "Fund Name" from the data drop-down box.

8. Type "OCM Gold" in the last box of the pop-up window that appears and click "Okay". Click the gray arrow on the next page to move forward.

9. Click the "OCM Gold" link on this page. You'll find OCM Gold performance, management, expense and holding information in this section. Use the navigation links at the left to locate the information you need.

10. Click "Purchase Info" to find the address and phone number for the fund. Use this information to request a prospectus.

11. Determine the amount you'd like to invest in the OCM gold fund. The minimum initial investment is $1,000.

12. With the help of your broker or advisor, buy shares of the OCM Gold fund.

Tips & Warnings

• You'll need to register for a premium account to use the premium mutual fund screener at MorningStar.com. MorningStar offers a free 14-day trial for its premium accounts.
• MorningStar.com offers ratings for the OCM Gold fund, as well as an abundance of other mutual funds. These ratings can be helpful in making mutual fund investment decisions.
• You can invest in OCM Gold by enrolling in an automatic investment program. The minimum investment is $1,000. Subsequent investments must be at least $50.