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GlobeinvestorGOLD Canada's most comprehensive investment tool.

Fund Price: $14.40 (as at November 20, 2009)  1-day chg: $-.07 -0.48%  YTD: 61.25%

Returns as at October 31, 2009

  Fund Group Avg Index*
1 Month 0.25% -0.81% -0.81%
3 Months 10.72% 11.52% 10.77%
6 Months 33.37% 30.91% 29.94%
1 Year 103.51% 107.28% 104.19%
2 Year Avg -6.12% -9.28% -7.85%
3 Year Avg 1.87% 0.79% 1.04%
5 Year Avg 9.65% 11.58% 10.33%
10 Year Avg 13.75% 16.49% 13.67%
15 Year Avg 6.00% 10.13% 7.19%
20 Year Avg - 11.73% 8.36%
Since Inception 6.01% - -
 
2008 -29.41% -39.10% -35.79%
2007 -2.39% 4.02% 2.32%
2006 42.73% 53.09% 44.01%
 
3 year risk 41.46 45.10 41.04
3 year beta 1.00 1.06 1.00

*Globe Precious Metals Peer Index

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the Globe Precious Metals Peer Index.

Risk Measures as at October 31, 2009

Best/Worst 12 months (since inception)
Best (ending Nov 03): 117.01 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Oct 08): -56.69 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Volatility meter (Based on 3 year standard deviation from Globefund.com)
Low VOLATILITY METER: 36 High

Fund Objectives

The objective of this fund is to achieve long-term growth through investment primarily in securities of companies or securities whose value is dependent upon the value of gold silver, platinum and palladium ("Precious Metals") or strategic metals (such as rhodium, titanium, chromium, cobalt and iridium) or strategic minerals or diamonds. The fund invest mainly in Canadian and foreign companies engaged in the exploration for, or the mining, production or distribution of, these substances. The fund may also invest directly in Precious Metals by buying bullion, coins or certificates and other evidences of purchases.

Fund Facts

Fund Sponsor: National Bank Mutual Funds
Managed by: Altamira Management Ltd.
Fund Type: MF Trust
Inception Date: July 1994
Asset Class: Precious Metals Equity
Quartile Rank: 2 (3YR ending October 31, 2009)
Total Assets: $52.4 million
Mgmt Exp. Ratio (MER): 2.35%
Management Fee: 2.00%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$1,000
Subsequent:
$50
Min. Invest (initial RRSP):
$1,000
Subsequent RRSP:
$50
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation September 30, 2009

Equity Sector Weightings September 30, 2009

Fund Geography September 30, 2009

Top Holdings as at September 30, 2009

Symbol Company Name Sector Geographic
Area		 Asset
Type		 % of
Total Assets		   Performance as at November 20, 2009
1 Year Performance (%)
SGR-X San Gold Corporation Precious Metals Canada Stock 4.59   390.28 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
IMG-T Iamgold Corp. Precious Metals Canada Stock 4.54   443.4 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CGL.UN-T Claymore Gold Bullion Trust Other Canada Stock 4.35   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
LSG-T Lake Shore Gold Precious Metals Canada Stock 4.32   549.21 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
RMX-T Rubicon Minerals Precious Metals Canada Stock 4.29   383.87 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
RBI-T Red Back Mining Inc. Precious Metals Canada Stock 4.01   282.25 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
AND-T Andean Resources Precious Metals Australia Stock 3.64   336.84 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CS-T Capstone Mining Precious Metals Canada Stock 3.58   346.38 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
SLW-T Silver Wheaton Precious Metals Canada Stock 3.44   393.24 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
AEM-T Agnico-Eagle Mines Precious Metals Canada Stock 3.38   88.63 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
BVN-N Compania Minas Buenaventu Precious Metals Peru Stock 3.2   249.65 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
GSC-T Golden Star Resources Ltd. Precious Metals Canada Stock 3.06   400.0 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
G-T Goldcorp Inc. Precious Metals Canada Stock 3.01   88.45 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
GOLD-Q Randgold Resources Precious Metals South Africa Stock 2.98   211.52 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
K-T Kinross Gold Precious Metals Canada Stock 2.96   45.96 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Portfolio Manager(s)

Natcan Investment Mgmt. - Mgmt. Team

Natcan Investment Mgmt. Inc.

Start Date: August, 2002

Fund Return: 15.81%

Also manages:Altafund Investment Corp., Altamira Asia Pacific, Altamira Canadian Equity Growth, Altamira Canadian Index, Altamira Dividend, Altamira Energy Fund, Altamira European Equity, Altamira Global Bond, Altamira Global Small Co., Altamira Health Sciences, Altamira High Yield Bond, Altamira Income, Altamira International Index, Altamira Intl Currency Neutral Idx, Altamira Japanese Opportunity, Altamira Long Term Bond, Altamira Quebec Growth, Altamira Resource, Altamira Science & Technology, Altamira Tactical Asset Allocation, Altamira US Currency Neutral Index, Altamira US Equity, Altamira US Index, Astra Aggressive Strategy, Astra Balanced Strategy, Astra Growth Strategy, FÉRIQUE Equity, IA Group Bonds (Natcan), IA Group Canadian Equity (Natcan), National Bank Balanced Diversified, National Bank Balanced Port, National Bank Balanced Strat. Port., National Bank Bond, National Bank Canadian Equity, National Bank Cdn Opportunities, National Bank Conser Strategic Port, National Bank Conservative Diversif, National Bank Corporate Cash Mgmt, National Bank Dividend, National Bank Equity Mngd Portfolio, National Bank Equity Strat Port NR, National Bank Global Equity, National Bank Growth Diversified, National Bank Growth Portfolio, National Bank Growth Strat Port NR, National Bank Inc & Grwth Mngd Port, National Bank Inc Managed Portfolio, National Bank Moderate Diversified, National Bank Moderate Strategic Po, National Bank Money Market, National Bank Monthly Conserv Inc, National Bank Monthly Equity Income, National Bank Monthly High Income, National Bank Monthly Income, National Bank Monthly Moderate Inc, National Bank Monthly Secure Income, National Bank Mortgage, National Bank Protected Cdn Bond, National Bank Protected Cdn Equ, National Bank Protected Global, National Bank Protected Gwth Bal, National Bank Protected Retr Bal, National Bank Secure Diversified, National Bank Secure Strategic Port, National Bank Short Term Cdn Income, National Bank Small Capitalization, National Bank Stable Inc Mngd Port, National Bank Strategic Yield Class, National Bank Treasury Management, National Bank U.S. Money Mkt (US$), Omega Global Opportunities

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