Topic: How To Invest

Good day Patrick. I was reading about Dynamic Strategic Gold Class Fund and I was wondering if you have an opinion about it.

Article Excerpt

Dynamic Strategic Gold Class Fund is a new mutual fund that hopes to gain by investing in a mix of gold bullion, stocks and companies that develop, produce or explore for gold. The managers will change the allocation of the fund’s assets — using their proprietary economic research and quantitative analysis — according to changing economic and market conditions. The fund will hold from 30% to 70% of its portfolio in each asset class. The $14.4 million fund holds 49% of its portfolio in gold stocks, 36.1% in bullion and 14.9% in cash. Its top ten investments are Scotiabank Gold Certificates (36.1%), San Gold Corporation (5.6%), Osisko Mining Corp. (5.6%), Agnico-Eagle Mines Limited (5.5%), Kirkland Lake Gold Inc. (5.4%), Red Back Mining Inc. (5.4%), Aurizon Mines Ltd. (5.4%), Kinross Gold Corporation (5.4%), Eldorado Gold Corporation (5.4%) and Alamos Gold Inc. (5.4%). The fund’s MER is 2.30%. We don’t have confidence in the ability of Dynamic Strategic Gold Class Fund to add value by…