Sentry Select Precious Metals Growth Fund / Class aims to provide long-term capital appreciation by investing primarily in equity securities of Canadian companies in the precious metals sector. The Fund won the 2007 Canadian Lipper Fund Award* for best risk-adjusted performance (over three years) in its category. The Fund was also the top performer in the precious metals category in 2005 and 2006.**
The Fund focuses on companies engaged in the exploration, mining and production of gold, diamonds, uranium, copper, zinc and other precious metals and minerals in Canada and around the world. 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
• 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, precious metals can provide increased return potential and diversification within a well-balanced portfolio.
*LIPPER and the LIPPER Corporate Marks are proprietary trademarks of Lipper, a Reuters Company. ©2007 REUTERS. All rights reserved. Any copying, republication or redistribution of Lipper Content is expressly prohibited without the prior written consent of Lipper.
**Globefund
Precious Metals Growth Fund:
Average Annual Compound Returns (as of May 29, 2009) - Series A |
43.3% | 24.5% | 77.7% | -5.0% | 5.8% | 18.7% | 14.7% | 11.3% |
Annual Returns
|
-37.1% | 9.7% | 73.8% | 35.4% | -11.3% | 24.5% | 44.4% | 23.6% |
Precious Metals Growth Class:
Average Annual Compound Returns (as of May 29, 2009) - Series A
|
43.3% | 23.9% | 78.2% | -0.3% | n/a | n/a | n/a | -5.0% |
Summary of investment portfolio (as of May 31, 2009):
Assets under management: $ 316,792,641 (Precious Metals Growth Fund)
Top 10 holdings : (unaudited)
| Name of security |
% of net assets |
| Semafo Inc. |
13.57 |
| Goldcorp Inc. |
10.77 |
| Kinross Gold Corp. |
10.19 |
| Red Back Mining Inc. |
9.71 |
| Yamana Gold Inc. |
9.57 |
| Jaguar Mining Inc. |
6.58 |
| Aurizon Mines Ltd. |
5.79 |
| IAMGOLD Corp. |
4.53 |
| Alamos Gold Inc. |
4.01 |
| Centamin Egypt Ltd. |
3.76 |
Portfolio Allocation by Sector (unaudited)
| Sector |
% of net assets |
| Junior gold and silver mines |
61.91 |
| Senior gold and silver mines |
35.27 |
| Precious metals exploration |
1.77 |
| Cash |
1.05 |
| Total net assets |
100.00 |
Quarterly portfolio disclosure as of March 31, 2009 (Top 25)