Central Fund Of Canada Ltd
(AMEX: CEF)
-0.43
-2.66%
| Exchange: | AMEX |
| Stock: | Central Fund of Canada Limited (USA) |
| Industry: | Industrial Metals & Minerals |
| Employees: | NA |
| Central Fund of Canada Limited (Central Fund) is an investment holding company. The Company provides alternative for investors in holding marketable gold and silver related investments. It invests its assets in holdings of unencumbered, allocated and segregated gold and silver bullion. Central Fund holds its assets in gold and silver bullion, in international bar form. Central Fund’s nominal holdings of bullion certificates are deposited with Canadian Imperial Bank of Commerce (CIBC). As of October 31, 2010, approximately 50 ounces of silver were held for each fine ounce of gold held. As of October 31, 2010, Central Fund's net assets consisted of 51.9% gold bullion and certificates, 46.1% silver bullion and certificates, and 2% cash and other working capital amounts. |
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