CANADIAN GOLD MUTUAL FUNDS (January 31, 2011)

Fund name Jan. 24 Jan. 17ChangeChangeYTDMER*Assets*

($)($)(%)(%)(%)(M$)

AGF Pr Mtl42.4244.35-1.93-4.4-10.132.56723

Altamira Pr & Str Mtl21.4222.89-1.47-6.4-12.612.3575.5

BMO Junior Gold Index ETF20.3321.980.134.3-13.620.5858.4

BMO Pr Mtl29.8431.37-1.53-4.9-11.282.29116.6

CIBC Pr Mtl27.1729.07-1.90-6.5-14.042.40152.6

Dynamic Can Pr Mtl18.6620.00-1.34-6.7-14.141.65811.6

iShares Can Gold Sector Index22.9924.40-1.41-5.8-12.220.551255.4

London Life Pr Mtl (MX)46.1447.67-1.53-3.2-7.563.37182.9

Mackenzie Un Pr Mtl C$22.0322.75-0.72-3.2-7.462.44521.5

Middlefield Precious Metals19.2920.93-1.64-7.8-15.262.4818.6

Quadrus Mack Un Pr Mtl25.3526.17-0.82-3.1-7.52.7057.5

RBC Global Pr Mtl66.8970.85-3.96-5.6-12.72.041267.4

Sentry Pr Mtl Growth66.5671.21-4.65-6.5-11.52.75653.3

Sprott Gold and Pr Minls76.9082.02-5.12-6.2-14.32.84714

Sprott Gold and Pr Minls F79.6784.94-5.27-6.2-14.31.78n/a

TD Pr Mtl74.5578.28-3.73-4.8-10.32.15314.2

TD Pr Mtl-A15.8016.59-0.79-4.8-10.42.31n/a

*as of Sept. 30/10

Featured Fund: Altamira Precious & Strategic Metal as of 11/30/10 (in weighted order): Silver Wheaton, Semafo, Rainy River Resources, Allied Nevada Gold, New Gold, NovaGold Resources, Pan American Silver, Silver Standar Resources, Volta Resources, Tahoe Resources, Continental Gold. Fund Manager:Natcan Investment management team.