BMG Silver BullionFund – Class F USD
Class F | USD
BMG Silver BullionFund provides investors with a convenient way of holding physical silver in bullion form.
BMG Silver BullionFund provides a convenient way of buying and holding physical silver in bullion form. BMG Silver BullionFund’s fixed investment policy requires it to purchase only silver and to hold minimum of 95 percent of its assets in bullion. No derivatives, futures contracts, options or certificates are used, and does not rebalance its holdings or attempt to time the market.
As a result, BMG Silver BullionFund’s assets are not dependent on anyone’s promise, representation or ability to perform. BMG Silver BullionFund’s assets are not someone else’s liability.
BMG Silver BullionFund is an open-end mutual fund trust that purchases unencumbered silver bullion and stores it on an allocated and insured basis. BMG Silver BullionFund’s objective is to provide a secure, convenient, low-cost, method for investors to hold silver 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 Silver 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 silver 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.
| Date of Inception|| September 26, 2016|
| Net Assets|| $13,539,086|
| Assets – Class F|| $536,179|
| MER|| 2.13%|
| NAV per unit|| $6.59|
| Fund Code*|| BMG403|
| CUSIP|| 05583L206|
| ISIN|| CA05583L2066|
*Available in Class A, B, C, E, F, G and I. 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|