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 BullionFund owns the bullion outright, with no dependency on third parties and no possibility of third-party claims.
BMG 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 BullionFund is approved for all Canadian registered plans, including RRSPs, RRIFs & TFSAs.
Investment Portfolio
Net Assets as at December 31, 2014
BMG BullionFund is available to Canadian residents, and is available in all ten Canadian provinces, Nunavut and the Territories. In certain circumstances, BMG BullionFund is available to residents of other countries. Non-Canadian residents should contact their Investment Advisor for further information.
If your financial advisor is not registered to sell BMG BullionFund, please have them contact Client Services toll-free at1.866. 241.6484 with their dealer rep code.
Investors purchase BMG BullionFund units through their broker, mutual fund dealer or bank.
Financial advisor orders are processed through FundSERV for units of BMG BullionFund.
