$36.05
BMG Gold BullionFund provides a convenient way of buying and holding physical gold in bullion form. BMG Gold BullionFund's fixed investment policy requires it to purchase only gold 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, its assets are not dependent on anyone's promise, representation or ability to perform. BMG Gold BullionFund's assets are not someone else's liability.
BMG Gold BullionFund is an open-end mutual fund trust that purchases unencumbered gold bullion and stores it on an allocated and insured basis. BMG Gold BullionFund’s objective is to provide a secure, convenient, low-cost, method for investors to hold gold bullion as part of their portfolio for capital preservation, capital appreciation, portfolio diversification and portfolio hedging purposes against the volatility of other investments. BMG Gold BullionFund is an open-end mutual fund trust that purchases unencumbered gold bullion and stores it on an allocated and insured basis. BMG Gold BullionFund’s objective is to provide a secure, convenient, low-cost, method for investors to hold gold 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, and BMG Gold BullionFund does not attempt to time the market. 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.
Bullion is bought directly from or sold directly into the global bullion markets. Purchases or redemptions of any size can be accommodated without affecting Net Asset Value. As a result the Fund has the same liquidity as gold, silver and platinum bullion itself. In contrast, the liquidity of closed-end funds and ETFs are dependent on the number of shares that are traded.
BMG Gold BullionFund owns the bullion outright, with no dependency on third parties and no possibility of third-party claims.
BMG Gold BullionFund has a fixed investment policy that cannot be varied without unitholder approval. Risk is avoided since the Fund does not hedge, market time, leverage or rebalance holdings. As a result, performance tracks the price of bullion and not the trading skills of a portfolio manager.
No sales tax or withholding tax is applicable on bullion in Canada. All tax consequences on redemptions flow through to the redeeming unitholder. The BMG Gold BullionFund is approved for all Canadian registered plans, including RRSPs, RRIFs & TFSAs.
A Fund Facts Document is a summary disclosure document required to be filed by all mutual funds in addition to other regulatory disclosure documents such as the Simplified Prospectus. The Fund Facts documents highlight key information about each available series of a fund, including the performance history, investments and the costs associated with investing in mutual funds.
Investment Portfolio
Net Assets as at June 30, 2015
BMG Gold BullionFund is available to Canadian residents, and is available in all ten Canadian provinces, Nunavut and the Territories.
Class S1 units and Class S2 units of BMG Gold BullionFund will be offered to investors, but only as we deem appropriate, at our discretion, for specified periods of time. You will not be able to buy Class S1 or Class S2 units of BMG Gold BullionFund at all times (i.e. if you bought Class S1 or Class S2 units of one of these Funds at a point in time, you may not be able to buy Class S1 units or Class S2 units of that same Fund at a later time). If you buy Class S1 units of BMG Gold BullionFund, you will pay a sales charge to your dealer of up to 5.50% (i.e. 5.82% of your net investment in Class S1 units of that Fund) and if you buy Class S2 units of BMG Gold BullionFund you will pay a sales charge to your dealer of up to 3% (i.e. 3.09% of your net investment in Class S2 units of that Fund).
It is not expected, that Class S1 units or Class S2 units of BMG Gold BullionFund will be offered on a continuous basis at all times. We will publicly disclose by press release when Class S1 units and Class S2 units of BMG Gold BullionFund are available for purchase by investors.
If your financial advisor is not registered to sell BMG Gold BullionFund, please have them contact Client Services toll-free at 1.866. 241.6484 with their dealer rep code.
BMG Gold BullionFund may be purchased through most financial advisors and brokers, as well as all of the major banks and online discount brokers.
Financial advisor orders are processed through FundSERV for units of BMG Gold BullionFund.
