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I want to find a mutual fund that has a basket of metal. Such as Zinc, Aluminium. I am not too crazy about g

Such as Zinc, Aluminium. I am not too crazy about gold

Try the Ishares ETF (Exchange Traded Fund) for Basic Materials Sector Index: IYM. It currently trades as stock for some $60-ish with about a 4 cent premium over Net Asset Value. There's about 8 million shares outstanding and it has a 0.48 percent expense ratio. It is about 14 percent mining and does include at least one gold stock, Newmont Mining, there are also the likes of Alcoa, Phelps Dodge, and Nucor prominant in the list.

Then there is the Goldman Sachs Natural Resources Index fund: IGE. This one has about 14 million shares outstanding, sells for about $104-ish and has around an 11 cent premium over NAV. The expense ratio is about the same. There are more petroleum and related in this one though, and a couple more gold mining (Newmont is a much smaller share, not even in the top ten).

The related Powershares product is also available and has similar holdings.

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