Precious Metals and Mining Trust

Snapshot

Precious Metals and Mining Trust
TSX Symbol/Fund Code: MMP.UN
Inception Date: June 20, 2006
Investment Type: Closed-end investment trust
 
Portfolio Manager:
Kevin MacLean
Details
Net Asset Value
NAVPU NAV Date
Precious Metals and Mining Trust $5.67 July 2, 2009
show all
 
Market Price
Price Change As Of
Precious Metals and Mining Trust $6.10 -$0.01 July 3, 2009
show all
 

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Product overview


Precious Metals and Mining Trust is a closed-end investment trust with a focus on providing long-term capital appreciation and monthly income through exposure to the North American precious metals sector.

The Trust focuses on companies engaged in the exploration, mining and production of gold, diamonds, uranium, copper, zinc and other metals and minerals in North America. The portfolio manager seeks companies with “high wealth creation potential” such as juniors exploring for new deposits, small producers looking to increase production and potential takeover targets.

Investors benefit in several key ways:
• Long-term capital appreciation in a sector with the potential for above-market performance
• Monthly cash distributions, initially representing 5% yield per annum
• hedge against inflation

The Trust meets the needs of investors seeking to enhance portfolio diversification. As a part of an asset class with a low correlation to stocks and bonds, precious metals and minerals can provide increased return potential and diversification within a well-balanced portfolio.

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Performance


Average Annual Compound Returns - by Market Price  (as of May 29, 2009)
YTD
3 Month
6 Month
1 Year
3 Year
5 Year
SI
67.9%
17.8%
104.8%
-20.9%
n/a
n/a
5.1%

Annual Returns - by NAV

 
 
 
2007
2006*
 
 
 
 
9.2%
 30.5%
*Total return for the period June 20, 2006 to December 31, 2006.

Annual Returns - by Market Price

 
 
 
 
 2007
  2006*
 
 
 
 
 26.0% 

15,6%

*Total return for the period June 20, 2006 to December 31, 2006.

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Portfolio manager

Kevin MacLean, Vice-President and Senior Portfolio Manager

Kevin joined Sentry Select in August 2004; he specializes in precious metals and mining equities.

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Distributions


Current monthly distributions of $0.10
 
 
2007 
20061
From capital gains
 
2.23 
0.46
Return of capital

0.30

0.12

Total distributions 2
 
2.53 
0.58
1 Results are for the period from May 29, 2006 to December 31, 2006.
Distributions are based on the actual number of units outstanding at the relevant time.

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Portfolio holdings


Summary of investment portfolio (as of March 31, 2009):

Net assets: $ 53,343,453

Top 25 holdings: (unaudited)
Name of security

% of Net Assets

Semafo Inc.20.38
Yamana Gold Inc.10.76
Kinross Gold Corporation7.70
First Uranium Corp.5.20
Quadra Mining Ltd.4.64
Goldcorp Inc.3.98
Red Back Mining Inc.3.88
Jaguar Mining Inc.3.88
Centamin Egypt Ltd.2.96
Silverstone Resources Corp.2.79
Globestar Mining Corp.2.63
Capstone Mining Corp.2.38
Horizons BetaPro COMEX Gold Bullion Bull Plus ETF1.91
Silvercorp Metals Inc.1.86
IAMGOLD Corp.1.53
Crowflight Minerals Inc.1.43
Nord Resources Corp.1.41
Alamos Gold Inc.1.27
Horizons BetaPro S&P/TSX Global Gold Bull Plus ETF0.95
Fortuna Silver Mines Inc.0.81
Aurizon Mines Ltd.0.60
Sacre-Coeur Minerals, Ltd.0.45
Dia Bras Exploration Inc.0.42
Aberdeen International Inc.0.31
Liberty Mines Inc.0.27


Portfolio Breakdown: (unaudited)
Sector

% of Net Assets

Junior gold and silver mines38.55
Senior gold and silver mines23.96
Junior metals and minerals14.33
Senior metals and minerals4.64
Index funds2.86
Precious metals exploration0.45
Cash and cash equivalents16.74
Liabilities, net of other assets(1.53)
Total Net Assets100.00

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