Canadian Gold Mutual Funds (July 31, 2006)

Fund name	July 17($)	July 17($)	Change($)	Change(%)	YTD(%)	MER*(%)	Assets*(M$)
AGF Pr Mtl	21.07	21.77	-0.70	-3.2	29.1	2.68	401
Altamira Pr & Str Mtl	10.41	10.74	-0.33	-3.1	14.7	2.69	65
BMO Pr Mtl	16.83	17.30	-0.47	-2.7	23.1	2.47	66
CIBC Pr Mtl	14.62	15.10	-0.48	-3.2	23.2	2.40	112
Dynamic Can Pr Mtl	4.55	4.73	-0.18	-3.8	21.3	3.00	316
iShares Can Gold Sector Index	69.40	72.61	-3.21	-4.4	10.5	0.55	841
London Life Pr Mtl (MX)	29.95	31.01	-1.06	-3.4	19.7	3.49	46
Mackenzie Un Pr Mtl C$	16.58	17.17	-0.59	-3.4	20.4	2.49	330
Mackenzie Un Pr Mtl US$	14.56	15.11	-0.55	-3.6	23.3	2.49	n/a
Mackenzie Un Wld Pr Mtl Cap	45.91	47.58	-1.67	-3.5	21.9	2.67	45
Millennium Bullion Fund A	7.82	8.04	-0.22	-2.7	18.7	3.24	36
Millennium Bullion Fund F	7.99	8.23	-0.24	-2.9	19.2	2.17	8
Quadrus Mack Un Pr Mtl	18.79	19.45	-0.66	-3.4	20.2	2.89	14
RBC Pr Mtl	32.44	33.54	-1.10	-3.3	25.8	2.13	598
Sentry Pr Mtl Growth	28.26	29.61	-1.35	-4.6	42.5	2.40	126
Sprott Gold and Pr Minls	47.35	48.96	-1.61	-3.3	29.6	2.84	654
Sprott Gold and Pr Minls F	47.27	48.93	-1.66	-3.4	27.8	1.77	n/a
TD Pr Mtl	39.58	40.89	-1.31	-3.2	17.8	2.51	176

*as of June 30, 2006

Featured Fund: AGF Precious Metal fund’s top 10 holdings, as of Mar. 31: Kinross Gold (5.3%); Inmet Mining (4.8%); Cambior (4.7%); Bema Gold (3.8%); Iamgold (3.6%); Greystar Resources (3.3%); High River Gold Mines (3.1%); Alamos Gold (2.9%); Northgate Minerals (2.7%); Eldorado Gold (2.6%). Percentage of portfolio in top 10: 37%. Asset allocation: stock (97%), cash and other (3%). Fund managers: Bob Farquharson and Charles Oliver.