Investors:

• Investors purchase BMG BullionFund units through their broker, mutual fund dealer or bank

Advisors:

• Advisor orders are processed through FundSERV for units of BMG BullionFund

RBC Dexia Investor Services Trust:

• BMG BullionFund’s Administrator
• Sub-custodian of the Fund’s cash
• Sole signing authority on Fund’s bank account
• Calculates daily valuation of NAV and NAV per unit
• Responsible for the Fund’s banking, recordkeeping
• Processes all purchases and redemptions
• Pays authorized Fund expenses

Bullion Management Services Inc.:

• BMG BullionFund’s Manager and Trustee
• Purchases bullion on behalf of the Fund
• Monitors Administrator and Custodian
• Approves Fund expenses
• Assures compliance with securities regulations
• Ensures filing and reporting completed as required

The Bank of Nova Scotia:

• BMG BullionFund’s Custodian
• Takes delivery of the bullion
• Holds physical custody of the Fund’s bullion in its Toronto vault
• Bullion is allocated. In addition serial numbers and bar sizes are recorded
• Segregates Fund’s bullion from that of the Bank’s other custodial clients assets. Insures bullion

KPMG LLP:

• KPMG is the auditor of  the Fund
• Audits and verifies the Fund’s holdings annually

Redemptions:

• Investors may redeem units daily
• Fund units will be redeemed at that day’s Net Asset Value based on the London PM Fix