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U.S. Tactical Allocation Fund

 

GPF.UN

(Formerly: Gold Participation and Income Fund)

Fact SheetFact Sheet

Fund Overview

Overview

The Fund is a closed-end investment trust designed to provide investors with exposure to the long-term performance of gold bullion and gold equity securities. The Fund utilizes Strathbridge’s proprietary SSO covered call writing strategy to enhance the income generated by the portfolio and to reduce volatility.

Rationale

The gold sector has traditionally acted as a hedge against inflation and a safe-haven during uncertain economic times. Gold has a low correlation to other asset classes and provides portfolio diversification benefits. The Fund is appropriate for those investors looking for exposure to the gold sector while earning attractive distributions with lower volatility.

Distributions

Distributions are calculated and paid monthly based on 6.5% per annum of the net asset value of the Fund.

Portfolio

The Fund will hold up to 50% of its net asset value in shares of SPDR Gold Trust, a US listed exchange traded fund that invests directly in gold bullion and up to 75% in gold equity securities selected from the S&P/TSX Global Gold Index, a dynamic international benchmark of the world’s leading gold companies.

Top 10 Holdings as of September 30, 2015
Holding Name % of NAV
SPDR GOLD SHARES      50.4%
CASH      11.8%
FRANCO-NEVADA CORP      8.4%
AGNICO EAGLE MINES LTD      4.6%
ANGLOGOLD ASHANTI LTD ADR      3.9%
CENTERRA GOLD INC      3.2%
SANDSTORM GOLD LTD      2.8%
DETOUR GOLD CORP      2.7%
PRETIUM RESOURCES INC      2.3%
TOREX GOLD RESOURCES INC      2.2%
Sector Allocations

 

 

 Pricing
As of 02/04/2016
Current NAV for GPF.UN: $3.81
Market Price: $3.59
Last Traded: 02/03/2016 10:12am
View Historical NAV  
 Quick Facts
Inception Date: 08/07/2009
Total Assets As of 09/30/2015: $2.82 mm
Management Fee: 0.8%
 Distributions & Tax
Current Distributions for GPF.UN: $0.02
Current Yield: 6.88%
View Historical Distributions  
 News
1/19/2016
GPF: Announces Results of Unitholder Meeting
1/6/2016
GPF: Declares Monthly Fund Distribution
12/8/2015
Announces Proposal to Convert to a Mutual Fund
12/3/2015
GPF: Declares Monthly Fund Distribution
11/3/2015
GPF: Declares Monthly Fund Disribution
View More News
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