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Sentry Select Primary Metals Corp SPMLF


Primary Symbol: T.PME

Sentry Select Primary Metals Corp. (the Fund) is a Canada-based financial investment company. The Fund invests in an actively managed portfolio consisting primarily of securities of mining and exploration issuers, with a current focus on gold issuers. The Fund’s investment objective is to provide shareholders with long-term capital appreciation, and monthly cash distributions. CI Investments Inc. is the manager of the Fund.


TSX:PME - Post by User

Post by bjbearon Jun 23, 2020 11:03am
91 Views
Post# 31180777

What a deal!

What a deal!Been selling my MMP.UN  to buy PME. Love a 15% discount on PME versus a 10% discount on MMP.UN. Love making an extra 5 % return when the discounts become equal in the next few weeks or months. I remember when PME was trading at almost no discount and MMP.UN was trading at several percent discount. Holdings in both funds arevirually identical and slight dividend difference is meaningless as they are NOT true dividends but cash disbursements rounded off to the nearest half cent so it is impossible to get exactly the same " percent dividend" on the funds as they are at different price levels. Phone them up and see that I am correct.By the way show me one gold stock in the whole world that pays a dividend over 6%. They don't exist now but may in the future as their profits soar.
In any case both funds have a great mix of junior precious metal producers some of which will get taken out in the next year or so which means both  funds should do very well
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