Canadian Gold Mutual Funds (October 23, 2006)

Fund name	Oct 16($)	Oct 6($)	Change($)	Change(%)	YTD(%)	MER*(%)	Assets*(M$)
AGF Pr Mtl	22.66	22.13	0.53	2.4	38.9	2.68	407
Altamira Pr & Str Mtl	10.88	10.52	0.36	3.4	19.8	2.69	60
BMO Pr Mtl	17.51	17.50	0.01	0.1	28.1	2.37	66
CIBC Pr Mtl	15.46	15.14	0.32	2.1	30.3	2.40	106
Dynamic Can Pr Mtl	4.89	4.91	-0.02	-0.4	30.4	2.88	326
iShares Can Gold Sector Index	70.93	70.11	0.82	1.2	13.0	0.55	860
London Life Pr Mtl (MX)	31.21	31.60	-0.39	-1.2	24.8	3.49	49
Mackenzie Un Pr Mtl C$	17.44	17.53	-0.09	-0.5	26.6	2.49	344
Mackenzie Un Pr Mtl US$	15.33	15.72	-0.39	-2.5	29.8	2.49	n/a
Mackenzie Un Wld Pr Mtl Cap	48.97	48.97	0.00	0.0	30.0	2.67	48
Millennium Bullion Fund A	7.40	7.50	-0.10	-1.3	12.4	3.24	71
Millennium Bullion Fund F	7.59	7.68	-0.09	-1.2	13.3	2.17	n/a
Quadrus Mack Un Pr Mtl	19.74	19.85	-0.11	-0.6	26.2	2.89	15
RBC Global Pr Mtl	33.96	33.59	0.37	1.1	31.7	2.05	598
Sentry Pr Mtl Growth	29.31	29.19	0.12	0.4	47.8	2.45	137
Sprott Gold and Pr Minls	49.37	49.65	-0.28	-0.6	35.1	2.84	587
Sprott Gold and Pr Minls F	49.34	49.62	-0.28	-0.6	33.4	1.77	n/a
TD Pr Mtl	41.43	41.09	0.34	0.8	23.3	2.34	171

*as of Sept. 30, 2006

Featured Fund: Sprott Gold and Precious Minerals Fund’s top 10 holdings, as of June 30: Aurelian Res (7.5%); Silver Certificates (6.9%); Southwestern Res (4.4%); Greystar Res (3.4%); Silver Wheaton (3.3%); Queenstake Res (2.9%); Bear Creek Mng (2.8%); New Gold (2.7%); Meridian Gold (2.7%); Wesdome Gold Mines (2.7%). Top 10 as % of total holdings: 39%. Asset allocation: stocks, bullion & cert. (99%), cash & equiv. (1%). Fund manager: John Embry.