The Northern Precious Metals Limited Partnerships offer investors much more than tax benefits. They provide a well-diversified mining portfolio with a vision and a strategy based on strict criteria.
Northern Precious Metal Funds Inc. believes that the Canadian mining industry will benefit from three important economic factors in the years ahead: additional increases in precious and base metal prices due to continuing growth in Western economies and in emerging economies such as China and India; a marked emphasis towards exploration to replace depleting reserves; and an influx of investment funds from foreign countries into Canada. All these factors will have a positive impact on the price of Canadian mining stocks.
To benefit most from these positive factors, Northern Precious Metal Funds professionally designs and manages a portfolio containing equity securities of mining companies that have exploration programs which are geographically diversified and cover the most strategic exploration regions of Canada. The portfolio offers further diversification by metal group. Based on our strategy and depending on market conditions, approximately 70% of all funds are directed to companies exploring for gold and silver while the remaining 30% are channeled to companies exploring for uranium,copper, zinc, platinum-palladium and nickel.
Strict criteria are followed to purchase Canadian flow-through shares. In general, no less than 90% of the companies in a Northern Limited Partnership portfolio must be listed on the TSX, NYSE, NASDAQ or AMEX; and approximately 50% of the funds are invested in companies with a market capitalization of $50 million or more.