CIBC Precious Metals
Fund Price: $24.05 (as at September 3, 2010) 1-day chg: $.4734 2.01% YTD: 27.01%
Returns as at July 31, 2010
| Fund | Group Avg | Index* | |
|---|---|---|---|
| 1 Month | -3.51% | -3.29% | -3.29% |
| 3 Months | -4.57% | -4.26% | -3.41% |
| 6 Months | 17.87% | 14.92% | 15.08% |
| 1 Year | 41.76% | 37.97% | 34.06% |
| 2 Year Avg | 11.64% | 11.83% | 11.79% |
| 3 Year Avg | -0.26% | 3.17% | 3.72% |
| 4 Year Avg | 6.77% | 6.87% | 6.39% |
| 5 Year Avg | 17.67% | 17.68% | 16.07% |
| 10 Year Avg | 20.52% | 21.38% | 17.76% |
| 15 Year Avg | - | 10.76% | 8.00% |
| 20 Year Avg | - | 13.29% | 9.28% |
| Since Inception | 5.60% | - | - |
| 2009 | 63.11% | 71.47% | 60.66% |
| 2008 | -41.96% | -39.10% | -35.79% |
| 2007 | 6.59% | 4.02% | 2.32% |
| 3 year risk | 45.07 | 45.85 | 42.36 |
| 3 year beta | 1.05 | 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 Apr 06): | 105.48 |  |  |
| Worst (ending Oct 08): | -62.47 |  | |
Volatility meter (Based on 3 year standard deviation from Globefund.com)
Low
High Fund Objectives
The objective of the Fund is to provide long-term growth through capital appreciation by investing primarily in equity securities. This Fund seeks long-term growth through capital appreciation by investing primarily in equities and other securities of Canadian issuers engaged directly or indirectly in the exploration for, the mining, production or distribution of, precious metals such as gold, silver and platinum as well as directly in precious metals situated in Canada in the form of bullion, coins, and certificates representing such precious metals. The Fund also presently intends to invest up to 10% of its assets directly or indirectly in precious stones and other metals minerals.
Fund Facts
| Fund Sponsor: | CIBC Securities Inc. |
| Managed by: | CIBC Securities Inc. |
| Fund Type: | MF Trust |
| Inception Date: | July 1996 |
| Asset Class: | Precious Metals Equity |
| Quartile Rank: | 3 (3YR ending July 31, 2010) |
| Total Assets: | $121.5 million |
| Mgmt Exp. Ratio (MER): | 2.40% |
| Management Fee: | 2.00% |
| Load Type: | No Load |
- 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 (%) | |||
|---|---|---|---|---|---|---|---|---|---|
| SLW-T | Silver Wheaton | Precious Metals | Canada | Stock | 5.51 | 99.92 | | | |
| IMG-T | Iamgold Corp. | Precious Metals | Canada | Stock | 4.71 | 21.83 | | | |
| GSC-T | Golden Star Resources Ltd. | Precious Metals | Canada | Stock | 4.54 | 48.1 | | | |
| GOLD-Q | Randgold Resources | Precious Metals | Other | Stock | 3.86 | 35.49 | | | |
| OSK-T | Osisko Mining | Precious Metals | Canada | Stock | 3.68 | 72.53 | | | |
| ABX-T | Barrick Gold Corp. | Precious Metals | Canada | Stock | 3.51 | 7.86 | | | |
| RBI-T | Red Back Mining Inc. | Precious Metals | Canada | Stock | 3.1 | 148.9 | | | |
| BTO-T | B2Gold | Precious Metals | Canada | Stock | 3.04 | 154.05 | | | |
| SMF-T | Semafo Inc. | Precious Metals | Canada | Stock | 2.97 | 251.75 | | | |
| BVN-N | Compania Minas Buenaventu | Precious Metals | Peru | Stock | 2.96 | 48.27 | | | |
Portfolio Manager(s)
Normand Lamarche
Front Street Capital
Start Date: May, 2001
Fund Return: 20.06%
Normand G. Lamarche has been engaged in the business of providing investment advisory services and portfolio management since 1987. Mr. Lamarche was a portfolio manager with Altamira Management Ltd. from August 1987 to March 1995. From February 1, 1991 to January 31, 1995, Mr. Lamarche was the manager of the Altamira Resource Fund and the Orbitex Resource Fund. From January 1, 1993 to January 31, 1995 he managed Altamira's AltaFund Investment Corp. and during that period was also responsible for the equity component of the Altamira Balanced Fund. Mr. Lamarche left Altamira in March 1995 for a one year sabbatical before establishing Tuscarora Capital Inc., one of Front Street Capital's two founding companies, with Mr. Selke in 1996. Mr. Lamarche holds a Bachelor of Arts degree in economics from Carleton University.
Also manages:CIBC Canadian Resource, CIBC Energy, Front Street Canadian Energy, Front Street Energy Gwth Fund Ser-I, Front Street Growth-B, Front Street Resource Performance, Front Street Special Opp Canadian-B
