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Precious Metals and Mining Trust T.MMP.UN

Alternate Symbol(s):  PMMTF

Precious Metals and Mining Trust (the Trust) is a Canada-based investment trust. The Trust's investment objectives are to provide unitholders with long-term capital appreciation and monthly cash distributions. The Trust's assets allocation includes Canadian equity, international equity, cash and equivalents, United States equity and other. The Trust invests in various sectors, including gold and precious metals, metals and mining, chemicals and gases, forestry and paper, and others. CI Investments Inc. is the manager, portfolio adviser and trustee of the Trust.


TSX:MMP.UN - Post by User

Post by bjbearon Jul 14, 2014 10:05am
232 Views
Post# 22741962

LATEST ESTIMATED NAV'S AFTER FRIDAY CLOSE

LATEST ESTIMATED NAV'S AFTER FRIDAY CLOSE MMP.UN and PME only have their NAV'S posted every Friday morning on their website so one has to guess their value the rest of the week. Based on the holdings in these funds my best guess is that their NAV'S should have gone up about 2 1/2% on Friday. The MMP.UN NAV at the opening today would be about 3.19 from 3.08 while PME about 4.30 from 4.16. Based on these numbers the closing prices were pretty close to these numbers - one only pays a slight premium now and it is a toss-up which one to buy. Unfortunately there is a lot of downward pressure on gold stocks and these two funds today as bullion prices are down. Looks like the funds are giving up these 2 1/2% gains from Friday.Just have to wait and see how it ends today. In any case this is the best season for gold stock price appreciation now thru the fall.
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