Canadian Gold Mutual Funds (December 25, 2006)

Fund name	Dec 18($)	Dec 10($)	Change($)	Change(%)	YTD(%)	MER*(%)	Assets*(M$)
AGF Pr Mtl	25.83	26.17	-0.34	-1.3	58.3	2.68	504
Altamira Pr & Str Mtl	12.62	12.74	-0.12	-0.9	39.0	2.69	74
BMO Pr Mtl	19.73	19.77	-0.04	-0.2	44.3	2.32	77
CIBC Pr Mtl	18.09	18.39	-0.30	-1.6	52.5	2.40	129
Dynamic Can Pr Mtl	5.89	6.04	-0.15	-2.5	57.1	2.88	408
iShares Can Gold Sector Index	78.82	82.30	-3.48	-4.2	25.5	0.55	942
London Life Pr Mtl (MX)	35.73	36.73	-1.00	-2.7	42.8	3.49	63
Mackenzie Un Pr Mtl C$	19.87	20.23	-0.36	-1.8	44.3	2.48	407
Mackenzie Un Pr Mtl US$	17.15	17.60	-0.45	-2.6	45.3	2.48	n/a
Mackenzie Un Wld Pr Mtl Cap	56.12	57.05	-0.93	-1.6	49.0	2.64	59
Millennium Bullion Fund A	8.03	8.30	-0.27	-3.3	21.9	3.24	71
Millennium Bullion Fund F	8.24	8.52	-0.28	-3.3	22.9	2.17	n/a
Quadrus Mack Un Pr Mtl	22.46	22.88	-0.42	-1.8	43.7	2.89	18
RBC Global Pr Mtl	38.02	38.87	-0.85	-2.2	47.5	2.05	716
Sentry Pr Mtl Growth	33.47	34.50	-1.03	-3.0	68.8	2.45	171
Sprott Gold and Pr Minls	55.82	57.75	-1.93	-3.3	52.7	2.84	653
Sprott Gold and Pr Minls F	55.75	57.64	-1.89	-3.3	50.7	1.77	n/a
TD Pr Mtl	48.24	49.98	-1.74	-3.5	43.6	2.34	212

*as of Nov. 30, 2006

Featured Fund: CIBC Precious Metals fund’s top 5 holdings, as of Oct. 31: Goldcorp (6.2%); Guyana Goldfields (3.6%); GBS Gold International (3.4%); Cumberland Res (3.3%); Rio Tinto (3.2%). Top 5 as % of total holdings: 20%. Asset allocation: stocks (98%); cash & equiv (2%). Fund manager: Normand Lamarche.