Precious Metals and Mining Trust T.MMP.UN

Alternate Symbol(s): PMMTF

Financial Services Asset Management

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

Precious Metals and Mining Trust > A guess.. right now

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Comment by bjbearon Nov 11, 2021 3:43pm

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Post# 34116620

RE:A guess.. right now

If the NAV goes up ten cents from yesterday's 2.48 to 2.58 and using yesterday's typical 7 % discount to NAV, then MMP.UN should clse at 2.39.
Of course as precious metals go higher the closed end funds like MMP,UN and PME the sister fund will trade at a reduced discount closer to 4 or 5% discount. Past history of these funds would show this.

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