What happened to vanguard precious metals?

In September, the fund will be renamed Vanguard Global Capital Cycles Fund. The Fund seeks the revaluation of capital in the long term by investing mainly in equity securities of companies in the gold and precious metals industries. In addition, the Vanguard Precious Metals and Mining Fund is best suited for long-term investors looking for an investment that mainly holds foreign securities in the precious metals and mining sector. According to the Fund's prospectus, Vanguard Global Capital Cycles actively manages and invests in the U.S.

UU. Since the Vanguard Global Capital Cycles Fund offers specialized exposure and can invest a substantial part of its total net assets in foreign securities, it is exposed to foreign exchange risk, domestic or regional, the risk of non-diversification, industrial concentration risk, stock market risk and investment style risk. Using the ProBunds Precious Metals UltraSector fund to bet on gold is the stupid investment of the week, despite the potential of the underlying assets.