New fund invests in a mix of gold bullion and gold securities
Proceeds invested in gold and silver bullion
Units now trading on TSX
Fund to invest in holdings of physical gold bullion
But how much of your clients’ portfolios should be devoted to gold is open to debate
ETF conversion planned if units trade at a discount to net asset value
Greater returns earned by investing in gold equities rather than physical gold, analyst says
Base metals such as zinc and copper could see a dramatic reversal of their fortunes if demand begins to grow again
CIBC World Markets to act as underwriter
Oil prices expected to stabilize by mid-year; infrastructure spending could spur demand for some commodities