AGF Precious Metal
Fund Price: $36.85 (as at September 3, 2010) 1-day chg: $.43 1.18% YTD: 24.62%
Returns as at July 31, 2010
| Fund | Group Avg | Index* | |
|---|---|---|---|
| 1 Month | -3.80% | -3.29% | -3.29% |
| 3 Months | -2.12% | -4.26% | -3.41% |
| 6 Months | 16.33% | 14.92% | 15.08% |
| 1 Year | 34.55% | 37.97% | 34.06% |
| 2 Year Avg | 12.66% | 11.83% | 11.79% |
| 3 Year Avg | 2.22% | 3.17% | 3.72% |
| 4 Year Avg | 8.62% | 6.87% | 6.39% |
| 5 Year Avg | 20.02% | 17.68% | 16.07% |
| 10 Year Avg | 24.23% | 21.38% | 17.76% |
| 15 Year Avg | 10.29% | 10.76% | 8.00% |
| 20 Year Avg | - | 13.29% | 9.28% |
| Since Inception | 11.53% | - | - |
| 2009 | 62.83% | 71.47% | 60.66% |
| 2008 | -36.39% | -39.10% | -35.79% |
| 2007 | 6.73% | 4.02% | 2.32% |
| 3 year risk | 39.65 | 45.85 | 42.36 |
| 3 year beta | 0.93 | 1.04 | 1.00 |
*Globe Precious Metals Peer Index
Growth of $10,000
Risk Measures as at July 31, 2010
Best/Worst 12 months (since inception)
| Best (ending Nov 03): | 112.16 |  |  |
| Worst (ending Oct 08): | -57.79 |  | |
Volatility meter (Based on 3 year standard deviation from Globefund.com)
Low
High Fund Objectives
The investment objective of the fund is to achieve long-term growth of capital primarily through direct and indirect exposure to precious metals consisting primarily of gold and to a lesser extent silver platinum, palladium and rhodium. The manager uses a bottom-up growth all-cap approach reputed for finding successful companies early in their growth cycle. The manager likes to buy when the market does not currently recognize the earnings or production growth potential or competitive advantages of a company.
Fund Facts
| Fund Sponsor: | AGF Investments Inc. |
| Managed by: | AGF Investments Inc. |
| Fund Type: | MF Trust |
| Inception Date: | September 1993 |
| Asset Class: | Precious Metals Equity |
| Quartile Rank: | 2 (3YR ending July 31, 2010) |
| Total Assets: | $588.5 million |
| Mgmt Exp. Ratio (MER): | 2.56% |
| Management Fee: | 2.25% |
| Load Type: | Optional |
- Globe 5-Star Rating:
- RRSP Eligible:
- Canadian
- Min. Invest (initial):
- $500
- Subsequent:
- $25
- Min. Invest (initial RRSP):
- $500
- Subsequent RRSP:
- $25
- Closed:
- No
- Restricted:
- No
- Restriction:
Asset Allocation July 31, 2010
Equity Sector Weightings July 31, 2010
Fund Geography July 31, 2010
Top Holdings as at July 31, 2010
| Symbol | Company Name | Sector | Geographic Area | Asset Type | % of Total Assets | Performance as at September 3, 2010 1 Year Performance (%) | |||
|---|---|---|---|---|---|---|---|---|---|
| CEF.A-T | Central Fund of Canada | Investment Companies and Funds | Canada | Stock | 4.73 | 15.54 | | | |
| ELD-T | Eldorado Gold | Precious Metals | Canada | Stock | 4.2 | 61.71 | | | |
| G-T | Goldcorp Inc. | Precious Metals | Canada | Stock | 4.05 | -2.61 | | | |
| GOLD-Q | Randgold Resources | Precious Metals | Mali | Stock | 3.65 | 35.49 | | | |
| OSK-T | Osisko Mining | Precious Metals | Canada | Stock | 3.4 | 72.53 | | | |
| SMF-T | Semafo Inc. | Precious Metals | Canada | Stock | 3.28 | 251.75 | | | |
| RBI-T | Red Back Mining Inc. | Precious Metals | Canada | Stock | 2.87 | 148.9 | | | |
| - | Fresnillo PLC | Precious Metals | United Kingdom | Stock | 2.77 | - | | | |
| IMG-T | Iamgold Corp. | Precious Metals | Canada | Stock | 2.68 | 21.83 | | | |
Portfolio Manager(s)
Bob Lyon, CFA
AGF Investments Inc.
Start Date: May, 2008
Fund Return: 6.03%
Robert Lyon joined AGF in 2008 assuming lead management responsibilities for AGF Canadian Resources Fund, AGF Global Resources Class and AGF Precious Metals Fund. Robert has nearly 20 years of investment industry experience with close to a decade of direct lead experience managing resource-related mutual funds. Prior to his most recent role as Vice-President and Director of Proprietary Trading at TD Newcrest, Robert served as Vice-President of Portfolio Management with two major Canadian mutual fund companies. In addition to his portfolio management experience, his previous responsibilities include several years in analytical roles researching the oil and gas, base metal and precious metal sectors, and making investment recommendations appropriate for retail and institutional clients. A CFA charterholder, Robert also holds a Bachelor of Commerce degree from Carleton University.
Also manages:AGF Canadian Resources, AGF Global Resources Class
View fund manager performance report
Ani Markova, MBA, CFA
AGF Investments Inc.
Start Date: January, 2010
Fund Return: 16.33%
Ani Markova is the co-manager for AGF Precious Metals Fund. She is also responsible for covering the Industrials sector for the North American equity research team. Before joining AGF, Ani worked as a research associate for a major Canadian investment firm and was an associate analyst for a major Canadian bank covering merchandising and consumer products. Ani has a BA in Management and Marketing from Mount Vernon College in Washington D.C. She earned her MBA in International Business and Finance from George Washington University in Washington D.C. and she also has her Licensed International Financial Analyst and Canadian Investment Management designations. Ani is a CFA charterholder and a member of the Toronto CFA Society.
