The Filer applied for exemptive relief from National Instrument 81-102 to permit the Dynamic Strategic Gold Class mutual fund to invest up to 100% of its net assets in gold and up to 5% of its net assets in each of silver, platinum, and palladium.
The Ontario Securities Commission granted the exemption, subject to conditions requiring specific prospectus disclosure regarding the unique risks associated with investments in precious metals, including transaction costs, commodity price volatility, and international monetary factors.
