Under the BMO Precious Metals Program, BMO provides investors with several different precious metals’ investment options, including the following:
- This mutual fund, known as the BMO Precious Metals Fund, is primarily concerned with Canadian businesses that are engaged in the exploration, mining, production, and distribution of precious metals. Investment growth over the long term is the goal of the fund.
- Gold, silver, and platinum can all be bought at the BMO Bullion Mint, which is a Bank of Montreal (BMO) entity. Purchasing precious metals from BMO Bullion Mint provides you with the peace of mind that comes from dealing with a reputable and long-standing financial institution. The company stores precious metals in facilities that are fully insured and separated from other facilities to safeguard your investments.
- Customers of BMO can store their gold and silver bullion in a safe vault with deposit programs. The purchasing, selling, and delivery of bullion are all covered by these programs.
- Because of the Gold Deposit Program offered by BMO, purchasing gold bullion of superior quality and storing it is a simple process. The physical gold bullion that meets the LBMA’s Responsible Sourcing program requirements. After enrolling in the program, customers can choose to buy and hold, sell cash-settled, or request physical delivery.
Gold and silver are both tangible commodities that can be purchased through CIBC Precious Metals, a retail investment service offered by the Canadian Imperial Bank of Commerce (CIBC).
- For Individual investor bar in many sizes and gold and silver Maple Leaf coins that have been certified by the Royal Canadian Mint are available through this program.
- Several services, including online ordering, safe payment, insured home delivery, and storage of precious metals with reputable custodians, are provided by CIBC.
- To generating long-term capital appreciation, the CIBC Precious Metals Fund primarily invests in precious metals companies and bullion, coins, and certificates that are issued by Canadian companies. There is a possibility that the Fund will be appealing to investors who are willing to take on the high risk associated with a single sector.
The options for investing in bullion that are offered by BMO and CIBC are both safe and dependable. Their programs, which can be purchased either in-branch or online, are included in the wealth management and investment services that were provided.