Canadian Gold Mutual Funds (April 25, 2005)

Close: April 19, 2005

Fund nameLastApr. 11ChangeChangeYTDMER*Assets*

	($)	($)	($)	(%)	(%)	(%)	(M$)
AGF Pr Mtl	11.76	12.60	-0.84	-6.7	-14.0	2.73	221
Altamira Pr & Str Mtl	7.07	7.83	-0.76	-9.7	-12.0	2.66	55
BMO Pr Mtl	10.13	10.64	-0.51	-4.8	-7.6	2.46	33
CIBC Pr Mtl	8.76	9.39	-0.63	-6.7	-7.6	2.41	54
Dynamic Can Pr Mtl	2.75	2.96	-0.21	-7.1	-7.4	2.91	166
Dynamic Glo Pr Mtl	8.05	8.82	-0.77	-8.7	-11.7	4.78	31
iUnits S&P/TSE Can Gold	45.79	48.13	-2.34	-4.9	-11.3	0.55	432
London Life Pr Mtl (MX)	18.06	19.09	-1.03	-5.4	-9.3	3.43	21
Mackenzie Un Pr Mtl C$	10.07	10.58	-0.51	-4.8	-9.0	2.56	200
Mackenzie Un Pr Mtl US$	8.03	8.58	-0.55	-6.4	-12.3	2.56	n/a
Mackenzie Un Wld Pr Mtl Cap	26.74	28.25	-1.51	-5.3	-7.6	2.70	24
Millennium Bullion Fund	6.07	6.06	0.01	0.2	3.7	3.46	29
Quadrus Mack Un Pr Mtl	11.37	12.01	-0.64	-5.3	-9.1	2.89	7
RBC Pr Mtl	18.02	19.34	-1.32	-6.8	-12.4	2.13	335
Sentry Pr Mtl Growth	13.55	14.58	-1.03	-7.1	-7.6	2.40	3
Sprott Gold and Pr Minls	26.60	28.83	-2.23	-7.7	-15.4	2.82	287
TD Pr Mtl	23.47	25.11	-1.64	-6.5	-11.4	2.50	96

*as of March 31, 2005

Featured Fund: CIBC Precious Metals fund’s top 10 holdings, as of Feb. 28: Goldcorp (6.3%); Endeavour Mng Cptl (5.0%); FNX Mng (4.9%); Northern Orion (4.4%); Barrick (4.1%); Silver Wheaton (3.5%); Minefinders (3.5%); Wolfden (3.1%); Bolivar Gold (3.1%); Southwestern Res (3.0%). Top 10 as % of total: 41%. Asset allocation: stock (93%); bonds (1%); cash & equiv (6%). Fund manager: Normand Lamarche.