Sentry Select Mining Opportunities Class aims to provide capital appreciation by investing primarily in companies involved in base and precious metals, and minerals.
The Fund focuses on companies engaged in the exploration, development and production of base metals such as aluminum, zinc, copper, nickel, lead and uranium, and, to a lesser extent, precious metals and minerals, such as gold and diamonds.
Investors can benefit in several key ways:
• Long-term capital appreciation in sectors with the potential for above-market performance based on rising demand and tight worldwide supplies
• A hedge against inflation
• Daily liquidity at the net asset value (NAV)
The Fund meets the needs of investors seeking to enhance portfolio diversification. As an asset class with a low correlation to stocks and bonds, metals and minerals can provide increased return potential and diversification within a well-balanced portfolio.
| | 2007 | 2006 |
From capital gains | | 0.59 | - |
Total distributions1,2 | | 0.59 | - |
1 Distributions are based on the actual number of units outstanding at the relevant time.
2 Notional distribution, which was reconsolidated into the fund.
Summary of investment portfolio (as of May 31, 2009):
Assets under management: $26,311,306
Top 10 holdings (unaudited)
| Security |
% of net assets |
| Semafo Inc. |
19.04 |
| First Uranium Corp. |
7.75 |
| Globestar Mining Corp. |
7.23 |
| Yamana Gold Inc. |
6.83 |
| International Royalty Corporation |
6.05 |
| Kinross Gold Corp. |
5.90 |
| Mercator Minerals Ltd. |
5.54 |
| Quadra Mining Ltd. |
3.88 |
| Goldcorp Inc. |
3.64 |
| Alamos Gold Inc. |
2.22 |
Portfolio Allocation by Sector (unaudited)
| Sector |
% of net assets |
| Senior metals and minerals |
26.46 |
| Junior metals and minerals |
21.27 |
| Senior gold and silver mines |
16.38 |
| Junior gold and silver mines |
9.42 |
| Cash |
26.47 |
| Total net assets |
100.00 |
Quarterly portfolio disclosure as of March 31, 2009 (Top 25)