Name change reflects growth of management group
TORONTO, March 27 /CNW/ - Fund manager Bullion Management Services Inc.,
a BMG Company, announced that it has changed the name of its mutual fund, The
Millennium BullionFund(TM), to BMG BullionFund(TM).
BMG BullionFund(TM) is Canada's first and only open-end Mutual Fund Trust
that invests directly in equal proportions of unencumbered, fully allocated
gold, silver and platinum bullion and qualifies for all registered plans.
"BMG BullionFund is designed to provide a simple and affordable way for
investors to add the wealth preservation and diversification advantages of
bullion - gold, silver and platinum - to their portfolios," said Nick
Barisheff, president of Bullion Management Group. "The name change makes it
easier to for investors to make the link between the Fund and the organization
behind it, Bullion Management Group Inc."
Over the past year, net assets of BMG BullionFund(TM) have grown more
than 78% to CDN$185,724,132.57 as of March 18, 2008, reflecting Canadians'
growing interest in the precious metals component of their portfolios.
BMG BullionFund(TM) is an integral part of one of the world's
fastest-growing precious metals bullion investment companies, Bullion
Management Group Inc.
The investment objective of BMG BullionFund(TM) is to provide a secure,
convenient, low-cost, low-risk alternative for investors seeking the benefits
of capital preservation, appreciation, portfolio diversification and
protection that only bullion ownership offers.
BMG BullionFund(TM) symbol is: MBF100
For more information on Bullion Management Group Inc. and BMG
BullionFund(TM), please visit www.bullionfund.com.
For further information:
For further information: INTERNAL CONTACT: Robert Para, Marketing
Manager, Bullion Management Group Inc., (905) 474-1001 Ext.16,
email@example.com; MEDIA CONTACT: Hugh Cameron, Razor Voice Inc., (416)