Fund Description: ASA Gold and Precious Metals Limited, formerly ASA Limited, is an exchange-traded closed-end fund or a closed-end ETF that is officially described as a non-diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The ASA Gold and Precious Metals Ltd seeks to provide investors a vehicle to invest in a portfolio consisting primarily of the stocks of companies engaged in the exploration, mining or processing of gold, silver, platinum, diamonds or other precious minerals. It may also invest in gold, silver and platinum bullion or securities that seek to replicate the price movement of gold, silver or platinum bullion. FUND STRATEGY: At least 80% of the Fund's total assets may be invested in common shares or securities convertible into common shares of companies engaged, directly or indirectly, in the exploration, mining or processing of gold, silver, platinum, diamonds or other precious minerals; held as bullion or other direct forms of gold, silver, platinum or other precious minerals; invested in instruments representing interests in gold, silver, platinum or other precious minerals, such as certificates of deposit and/or invested in securities of investment companies, including exchange-traded funds, or other securities that seek the price movement of gold, silver or platinum bullion. The Fund shall not purchase a security if, at the time of purchase, more than 20% of the value of its total assets would be invested in securities of the issuer of such security. FUND MANAGEMENT: The Fund is managed internally by its directors and officers, the majority of whom are United States citizens and residents. The company is organized in Bermuda and is a passive foreign investment company for U.S. income tax purposes.