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 $7.91 March 11, 2010
show all
 
Market Price
Price Change As Of
Precious Metals and Mining Trust $8.74 $0.10 March 16, 2010
show all
 

back to top

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.

back to top

Performance


Average Annual Compound Returns - by Market Price  (as of February 28, 2010)
YTD
3 Month
6 Month
1 Year
3 Year
5 Year
SI
3.1%0.9%34.7%67.2%10.5%-14.4%

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.

back to top

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. Kevin is also responsible for all mining investments, including tax advantaged early-stage funding.

back to top

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.

back to top

Portfolio holdings


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

Net assets: $ 73,706,486

Top 25 holdings: (unaudited)
Name of security

% of Net Assets

Semafo Inc.30.66
Golden Star Resources Ltd.9.03
Silvercorp Metals Inc.8.98
Red Back Mining Inc.6.41
Alamos Gold Inc.5.65
Yamana Gold Inc.5.33
Gold Wheaton Gold Corp.4.23
Jaguar Mining Inc.3.53
Aurizon Mines Ltd.3.34
Globestar Mining Corp.3.03
Silver Wheaton Corp.2.59
Aura Minerals Inc.2.46
IAMGOLD Corp.2.15
Fortuna Silver Mines Inc.1.72
Allied Nevada Gold Corp.1.58
Centerra Gold Inc. Inc.1.47
Horizons Betapro Comex Gold Bullion Bull Plus ETF0.91
Liberty Mines Inc.0.44
Sacre-Coeur Minerals, Ltd.0.41
Yukon-Nevada Gold Corp.0.04
Aberdeen International Inc.0.03


Portfolio Breakdown: (unaudited)
Sector

% of Net Assets

Junior gold and silver mines64.78
Intermediate gold and silver mines19.06
Senior gold and silver mines5.33
Junior metals and minerals3.50
Exchange traded funds0.91
Precious metals exploration companies0.41
Cash and Cash Equivalents7.60
Liabilities, net of other assets(1.59)
Total Net Assets100.00

back to top

Powered By Q4 Web Systems 3.5.4.576