Q: MMP.UN
The manager is a great stock picker in the gold space and from what I can see they have never discontinued payments. If you lay the 5 year weekly of the HUI over MMP.UN they are very similar. It looks like an interesting way to play a rise in gold shares, with a huge yield (currently 17%). Current NAV is $6.18 - units are trading for about $7.00. With tax loss selling in full swing in the gold space - would you recommend this one for investors interested in gold + yield?
Thanks so much for your time!
The manager is a great stock picker in the gold space and from what I can see they have never discontinued payments. If you lay the 5 year weekly of the HUI over MMP.UN they are very similar. It looks like an interesting way to play a rise in gold shares, with a huge yield (currently 17%). Current NAV is $6.18 - units are trading for about $7.00. With tax loss selling in full swing in the gold space - would you recommend this one for investors interested in gold + yield?
Thanks so much for your time!