BMG BullionFund – Class F USD
Class F | USD
BMG BullionFund provides investors with a convenient way of holding physical gold, silver and platinum in bullion form.
BMG BullionFund has a fixed investment mandate to purchase equal dollar amounts of each metal and to hold minimum of 95 percent of its assets in bullion. No derivatives, futures contracts, options or certificates are used, and BMG BullionFund does not rebalance its holdings or attempt to time the market.
As a result, BMG BullionFund’s assets are not dependent on anyone’s promise, representation or ability to perform. BMG BullionFund’s assets are not someone else’s liability.
BMG BullionFund is an open-end mutual fund trust that purchases unencumbered gold, silver and platinum bullion and stores it on an allocated and insured basis. BMG BullionFund’s objective is to provide a secure, convenient, low-cost, method for investors to hold gold, silver and platinum bullion as part of their portfolio for capital preservation, capital appreciation, portfolio diversification and portfolio hedging purposes against the volatility of other investments.
No derivatives, futures contracts, options or certificates are used. The maximum cash component is five percent. The fund invests in a responsible manner and adheres to the “criteria for responsible investing.”
This risk rating of the Fund is in accordance with a standard risk classification methodology based on how the fund’s returns have changed from year to year as a stand-alone investment.
See the Fund’s Simplified Prospectus, for more information about the risk rating and specific risks that can affect the fund’s returns.
The BMG BullionFund is not intended to be a stand-alone investment, and should not represent more than 20% of an investor’s overall total investment portfolio including any other bullion investments. 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.
| Gold|| 18,458|
| Platinum|| 13,648|
| Silver|| 1,225,383|
| Date of Inception|| September 15, 2004|
| Net Assets|| $69,593,518|
| Assets – Class F|| $14,946,759|
| MER|| 1.88%|
| NAV per unit|| $9.09|
| Fund Code*|| BMG601|
| CUSIP|| 60039E207|
| ISIN|| CA60039E2078|
*Available in Class A, F, G, E. Consult your advisor to determine which class is appropriate for you.
| Minimum Investment|| $1,000|
| Management Fee|| 1.25%|
| Commission|| 0%|
| Subscription|| daily|
| Redemption|| daily|
| Fund Type|| open-end|
| Auditor|| RSM Canada LLP|
| Legal Counsel|| Bennett Jones LLP|
| Trustee|| BMG Management Services Inc.|
| Custodian|| RBC Investor & Treasury Services|
| Administrator|| RBC Investor Services Trust|