The fund seeks to achieve its investment objective by investing 80% of its net assets in shares of gold and silver, focused companies that are engaged in exploring, developing and mining; or royalty and streaming companies engaged in the financing of gold and silver assets. The investment strategy of the fund is value oriented and contrarian. The fund is non-diversified.

Iamgold Corporation

Coeur Mining, Inc.

Eldorado Gold Corporation

Newmont Corporation

Wheaton Precious Metals Corp.

Kinross Gold Corporation

AngloGold Ashanti plc

Alamos Gold Inc.

SSR Mining Inc.

Perpetua Resources Corp.

Sprott Active Gold & Silver Miners ETF

GBUG Holdings & Sector Breakdown

GBUG Holdings & Sector Breakdown