Tad wrote: Using the MMP.UN September 30, 2020 closing data for Net Asset Value and closing share prices for September 30, 2020, the approximate share positions are calculated below:
Portfolio information located at:
https://ci.com/en/funds/alternative_investments/PreciousMetalsandMiningTrust.html?currencySelector=1&seriesId=13628 Historical share prices for September 30 obtained from TMX:
https://www.tmxmoney.com/en/index.html The cash position on September 30 was about 3% compared to 12.77% on August 31, 2020
$45,622,580 X 3.0 % = $1,368,677 cash position
Top holdings allocation(%) value Sept 30 close # of shares Artemis Gold Inc 13.30% $6,067,903 $6.20 978,678
K92 Mining Inc 9.20% $4,197,277 $6.94 604,795
SSR Mining 8.60% $3,923,542 $24.85 157,890
Sandstorm Gold Ltd 6.66% $3,038,463 $11.24 270,325
Pretium Resources Inc 6.39% $2,915,282 $17.04 171,084
Endeavour Mining 6.05% $2,760,166 $33.15 83,263
Kirkland Lake Gold Ltd 5.85% $2,668,921 $65.00 41,060
Osisko Gold Royalties Ltd 4.73% $2,157,948 $15.75 137,012
Agnico Eagle Mines Ltd 3.26% $1,487,296 $106.09 14,020
Roxgold 3.18% $1,450,798 $1.71 848,420
Centerra Gold Inc 3.14% $1,432,549 $15.49 92,483
Gold Standard Ventures Corp 3.06% $1,396,051 $1.05 1,329,573
Torex Gold resources 2.97% $1,354,990 $19.33 70,100
Golden Star Resources 2.40% $1,094,941 $5.74 190,756
Victoria Gold 2.31% $1,053,881 $14.99 70,305 Total value of Top 15 $ 37,000,008____________________ $37,000,008 / $45,622,580 = 81.1 % as stated in the monthly portfolio update
Calculations for August 31, 2020 portfolio holdings were posted here:
https://stockhouse.com/companies/bullboard/t.mmp.un/precious-metals-and-mining-trust-unit?postid=31541973 Significant changes to portfolio. As noted above, cash position dropped from 12.77% in August 31 down to 3% September 30
Alacer, merged with SSR Mining on September 16, 2020, dropped from Top 15
Bellevue Gold, one of the Australian Stock Exchange holdings, dropped from Top 15
Galway Metals dropped from Top 15
RoxGold now in the Top 15
Victoria Gold now in Top 15
KNT position decreased by approx 65,000 shares
PVG position decreased by approx. 27,000 shares
KL position increased by approx. 23,000 shares
OR position increased by approx. 47,750 shares
TXG position increased by approx. 18,000 shares
All other holdings approximately the same as August 31, 2020 closing.
Apologies in advance for any potential calculation errors.
GLTA !