Canadian Investor FAQs

BMG BullionFund, BMG Gold BullionFund and BMG Silver BullionFund are available in all ten Canadian provinces, and the three Territories. BMG Funds can be purchased through your registered mutual fund dealer, securities dealer, if you have a discount brokerage account at any of the major discount brokerages (TD, BMO, RBC, CIBC, Scotiabank and Questrade) you can place the order directly. Fund Codes are: BMG BullionFund Class A CAD: BMG100 (A-FE), BMG104  BMG BullionFund Class A US: BMG101 (A-FE). BMG105  BMG BullionFund Class F CAD: BMG600 BMG BullionFund Class F US: BMG601 BMG BullionFund Class D CAD: BMG170 BMG BullionFund Class D US: BMG130 BMG Gold BullionFund Class A CAD: BMG200 (A-FE), BMG204  BMG Gold BullionFund Class A US: BMG201 (A-FE). BMG205 BMG Gold BullionFund Class F CAD: BMG202 BMG Gold BullionFund Class F US: BMG203 BMG Gold BullionFund Class D CAD: BMG270 BMG Gold BullionFund Class D US: BMG230 BMG Silver BullionFund Class A CAD: BMG400 (A-FE), BMG404 BMG Silver BullionFund Class A USD: BMG401 (A-FE), BMG405 BMG Silver BullionFund Class F CAD: BMG402 BMG Silver BullionFund Class F USD: BMG403 BMG Silver BullionFund Class D CAD: BMG470 BMG Silver BullionFund Class D US If your financial advisor is not registered to sell BMG Funds, please have them contact RBC I&TS toll-free at 1 866.241.6484 with their dealer rep code. 

Units of BMG BullionFund,BMG Gold BullionFund and BMG Silver BullionFund can be purchased through a properly licensed mutual fund dealer, securities dealer, or discount broker. Accredited Investors can purchase Class E units of BMG Funds directly through subscription to BMG Marketing Services Inc., or through other exempt market dealers. BMG also offers Class D units of BMG Funds through Discount Brokerage platforms for the “do-it-yourself” investors. The investor does not receive investment or financial advice. BMG’s  Class D units have a total management fee of 1.25%. No sales charges apply when you buy or sell  Class D units of the BMG Funds. Instead, you may have to pay a fee directly to the discount broker.

Investors in Class D units enjoy lower management fees with the benefit of making their own investment decisions. There are no additional fees to switch to Class D from any other class of the same BMG Fund.

Please contact us at fundinfo@bmg-group.com or 1.888.474.1001 for further information.

The minimum purchase for either BMG BullionFund, BMG Gold BullionFund or BMG Silver BullionFund is $1,000 CAD.

The fees vary. Please contact your financial advisor for more details. A BMG representative will be happy to recommend an advisor with in-depth knowledge of the precious metals markets.  Contact us for more information.

BMG BullionFund, BMG Gold BullionFund and BMG Silver BullionFund are tracked by Cannex, Bloomberg, Globefund, Morningstar Canada, and Fundata Canada. You can also obtain the unit values on our website: BMG Funds in Canadian and US dollars, along with actual ounces held of the three metals, and other statistics. Please note that neither BMG Fund is valued on Canadian or UK holidays.

Units of BMG BullionFund, BMG Gold BullionFund and BMG Silver BullionFund can be liquidated on any regular business day. Under normal circumstances, settlement takes approximately two days.

BMG BullionFund,BMG Gold BullionFund and BMG Silver BullionFund are eligible for all Canadian registered plans.. BMG Funds currently qualify as mutual fund trusts. Based on the current holdings of the Funds and their investment policies, they will retain their status as mutual fund trusts for purposes of the Income Tax Act (Canada) even if a majority of their units is owned by non-residents of Canada. The fact that non-residents may invest in BMG Funds will have no adverse tax consequences under the Income Tax Act (Canada) to an individual resident in Canada who holds units of a class of BMG Funds, or to a registered plan such as an RRSP, RRIF, DPSP, TFSA, RESP or RDSP.

If you do not already have a self-directed RRSP, you can set up an RRSP with BMG Management Services Inc. (BMS). Your broker or financial advisor can assist you with the paperwork. Once established, you can transfer funds from your existing RRSP to your RRSP with BMS, and your financial representative can purchase units of BMG BullionFund,or BMG Gold BullionFund and/or BMG Silver BullionFund for your RRSP. BMG Funds offer RRSPs (including Locked-in RSPs and LIRAs), and RRIFs (including Life Income Funds), Prescribed Retirement Income Funds, Locked-in Retirement Income Funds and Tax-Free Savings Accounts.

By including all three metals in BMG BullionFund, it increases portfolio diversification and  long-term rates of return should be enhanced. For investors who want an exposure to gold alone, we offer BMG Gold BullionFund and for those wanting exposure to silver alone, we offer the BMG Silver BullionFund.

There is no difference between the holdings, investment criteria or objectives of BMG Funds’ classes. The different classes are simply a way of categorizing the different methods of commission or fee structure charged. Class A is for retail investors, and Class F is for fee-based accounts. Class E is for accredited investors, and Class G is for international investors. Class D is through Discount Brokerage platforms for the “do-it-yourself” investors

BMG BullionFund is suitable for those with a medium-to-high risk tolerance and the BMG Silver BullionFund is suitable for those with a high risk tolerance, whereas the BMG Gold BullionFund is for those with a medium risk tolerance. Due to the fact that bullion typically has a low correlation to other financial assets, including it as part of a portfolio should generally reduce the portfolio’s volatility and may improve portfolio returns over the long term.

BMG BullionFund, BMG Gold BullionFund and Silver BullionFund are open-end mutual fund trusts that invest in bullion itself.