Friday, January 8, 2010

Mackenzie Universal Gold Bullion Class

New Gold Fund

Mackenzie Universal Corporation has launched a new gold fund named Mackenzie Universal Gold Bullion Class which will invest anywhere from 80 percent to 100 percent of its assets in gold bullion or permitted gold certificates.

Other potential investments the fund leaves open to occasionally invest in are other precious metals like palladium, silver and platinum, or in companies producing or distributing precious metals.

With gold prices set to rise for probably years into the future, and growing inflation to become a part of our lives during that time as well, investing in gold should be a big part of anyone's investment portfolio going forward.

Head manager of the Canadian-based fund is Benoit Gervais.

Two versions of the fund are available for investment, including investment via American or Canadian dollars. Investors will also be able to switch between a number of funds included in Mackenzie Investment's Capitalcorp structure on a tax-deferred basis.

New Gold Fund

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