$14.28
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.
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.
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.
Investment Portfolio
Net Assets as at March 31, 2015
No securities commission, stock exchange or similar governmental or regulatory body outside of Canada has reviewed, passed on or made any determination as to the merits of an investment in units of BMG Funds.
Class G Units of BMG Funds, denominated in US dollars, are available to investors resident in a jurisdiction outside of Canada and the United States of America (the "International Jurisdiction") only on the basis of reliance upon the exemptions under or the non-applicability of the securities laws of the International Jurisdiction. It is the responsibility of international investors to be knowledgeable of, or to be independently advised as to, the applicable securities laws of the International Jurisdiction which apply to them, if any. Each investor will be required to execute a Subscription Agreement providing for, among other things, the investor's warranties that:
If you are an International Investor that is exempt from securities laws of your jurisdiction or securities laws are not applicable, please contact the Manager International Investor Relations, at intlsales@bmgbullion.com.
Investors purchase BMG Gold BullionFund units through their broker, mutual fund dealer or bank.
Financial advisor orders are processed through FundSERV for units of BMG Gold BullionFund.
