AMG TimesSquare Mid Cap Growth Fund (TMDPX) current share price is $14.84. The gold spot price is $4,830.80 per troy ounce. Using the formula: TMDPX in gold = $14.84 × 31.1035 ÷ $4,830.80 = 0.0955 grams of gold per share.
Over the past 20 years, TMDPX has a Real Wealth Growth Rate of -8.78% / yr. This means gold has been a better wealth preserver than holding TMDPX over this period.
"Real Wealth Growth Rate" measures the annualised compound growth rate (CAGR) of a stock when priced in gold — hard money that cannot be printed. A positive value means genuine wealth creation. A negative value means purchasing power is shrinking, even if the dollar price rises.