Key stats
About ROYAL CANADIAN MINT ETR REPR BEN INT IN GOLD BULLION (CAD)
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Inception date
Nov 29, 2011
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Capitalizes
Income tax type
Capital Gains
Primary advisor
Royal Canadian Mint-Canadian Gold Reserves
The fund provides exposure to physical gold through the Canadian Gold Reserves Program by the Royal Canadian Mint (the Mint) the custodian of the gold bullion on behalf of ETR holders. ETRs are listed on the TSX and may be bought and sold like any other exchange-listed securities. Each ETR represents an undivided beneficial interest in gold bullion held by the custodian. This means that ETR holders beneficially owned gold bullion, and that ownership remains at all times. The gold bullion underlying the ETRs is stored on an unallocated basis, such that the bullion owned by an ETR holder is not held separately from the other unallocated bullion held at the Mint.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MNT assets under management is 800.43 M CAD. It's fallen 0.73% over the last month.
MNT fund flows account for −6.73 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, MNT doesn't pay dividends to its holders.
MNT shares are issued by Government of Canada under the brand Royal Canadian Mint. The ETF was launched on Nov 29, 2011, and its management style is Passive.
MNT follows the LBMA Gold Price PM CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MNT price has risen by 2.75% over the last month, and its yearly performance shows a 51.77% increase. See more dynamics on MNT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.90% over the last month, have fallen by −0.90% over the last month, showed a 4.59% increase in three-month performance and has increased by 43.10% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.90% over the last month, have fallen by −0.90% over the last month, showed a 4.59% increase in three-month performance and has increased by 43.10% in a year.
MNT trades at a premium (3.59%) meaning the ETF is trading at a higher price than the calculated NAV.