BMG Group Inc. Press Releases
BMG Group Inc. Introduces the Board of Directors
MARKHAM, ON – (September 20, 2024) – Yvonne Blaszczyk, Chairman of the Board, President & Chief Executive Officer of BMG Group Inc. (BMG) is pleased to introduce the Board of Directors for BMG, effective September 10, 2024. Read more
BMG Group Inc. Announces BMO as a Custodian
MARKHAM, ON – (February 1, 2024) – BMG Group Inc. (BMG) is pleased to announce BMO as custodian for the physical bullion assets of the BMG Funds. Brink’s Canada Limited (Brink’s), will continue to serve as the sub-custodian. Read more
Board of Directors of BMG Group Inc., Announce Appointment of Yvonne Blaszczyk as President and Chief Executive Officer
MARKHAM, ON – (October 26, 2023) – The Board of Directors of BMG Group Inc. (“BMG” or “the Company”) announced the permanent appointment of Yvonne Blaszczyk as President and Chief Executive Officer, effective immediately. Read more
Board of Directors of BMG Group Inc., Announce The Passing of Industry Icon Nick Barisheff
MARKHAM, ON – (September 18, 2023) The Board of Directors at BMG Group Inc. (“BMG” or “the Company“) sadly informs the public of the passing of Nick Barisheff on Friday, September 15, 2023. Nick Barisheff was the Founder, Chair and CEO of BMG Group Inc. The Company extends its sincerest condolences to Nick’s family and friends and mourns the loss of a great Canadian. Read more.
Board of Directors of BMG Group Inc., Announce Appointment of Yvonne Blaszczyk as Interim President and Chief Executive Officer
MARKHAM, ON – (September 15, 2023) The Board of Directors of BMG Group Inc. (“BMG” or “the Company”) announced the appointment of Yvonne Blaszczyk as interim President and Chief Executive Officer, effective immediately. The Board of Directors also announced that Nick Barisheff, the Founder, President & CEO of BMG Group Inc., had to relinquish his role for personal reasons. Read more
Brian Koscak Appointed to BMG Group Inc. Board of Directors MARKHAM, ON – (November 17, 2022) – BMG Group Inc. (BMG) is pleased to announce the recent appointment of Brian Koscak to its Board of Directors. Read more
BMG Group Inc. Announces Custodian Changes MARKHAM, ON – (March 31, 2021) – Due to the departure of ScotiaMocatta from the precious metals trade, BMG Group Inc. (BMG) is pleased to announce the appointment of RBC Investor Services Trust (operating as RBC Investor & Treasury Services) as custodian for the BMG Funds and the appointment by the custodian of the Royal Canadian Mint (the Mint) and certain sub-custodians of the Mint, including Brink’s Canada Limited (collectively with its global affiliates, Brinks), as sub-custodians of the BMG Funds. Read more
No Releases in 2020 available
A Unique Investment Strategy for the Coming Market Correction – The BMG Diversified Hedge Fund
MARKHAM, ON – (October 29, 2019) – BMG Management Services Inc. (“BMS” or the “Manager”) is pleased to announce the launch of the BMG Diversified Hedge Fund (the “Fund”). Read more
Guidance and Client-Centric Contact: Key Drivers for the DIY Investor
MARKHAM, ON – (January 10, 2019) – As more and more self-directed investors seek guidance and information, client-centric contact has become the key driver of client satisfaction. Read more
BMG Group Inc. Announces Shariah-Compliant Funds – Funds Provide Interest-Free Option
Markham, ON – (October 30, 2018) – BMG Group Inc. (“BMG”) is pleased to announce that the Islamic Finance Advisory Board has endorsed BMG BullionFund, BMG Gold BullionFund and BMG Silver BullionFund (collectively, “BMG Funds”), as Shariah compliant. Read more
BMG Management Services Inc. Launches Class D For Retail Investors
Markham, ON – (February 22, 2018) – BMG Management Services Inc. (“BMS”), the manager of the BMG Funds, today announced that it has launched Class D units for its three mutual funds, offering each of these at a reduced cost to Canadians that invest through discount brokerages. Class D units provide self-directed investors with access to a full suite of mutual funds at a lower cost. Read more
BMG Management Services Inc. Announces Risk Rating Changes
Markham, ON – (Globe Newswire – November 24, 2017) – BMG Management Services Inc. (“BMS”), the manager of the BMG Funds, today announced changes to the risk ratings of its three publicly offered mutual funds effective immediately. Read more
Robin Cornwell Appointed to BMG Group Inc. Board of Directors
Markham, ON, October 31, 2017 – BMG Group Inc. (BMG) is pleased to announce the recent appointment of Robin Cornwell to its Board of Directors. Read more
Trump Win Signals $1,500 Gold and $24 Silver, predicts Nick Barisheff
Toronto, ON – Nov. 9, 2016 – According to Nick Barisheff, President and CEO of Bullion Management Group Inc. (BMG), “A Trump US presidential victory signals US$1,500 an ounce for gold and US$24 for silver in the intermediate term.” Read more
13.4 Trillion Reasons Why New BMG Silver BullionFund Makes Sense for Investors Looking For a Safe Haven
Toronto, ON – Oct. 17, 2016 – Bullion Management Group Inc. (BMG), a Canadian pioneer in precious metals investing, has expanded its line of bullion funds with the launch of BMG Silver BullionFund. Read more
Bullion Management Group Inc. (BMG) Accepted as Signatory to United Nations-Endorsed ‘6 Principles for Responsible Investment’
Markham, ON. June 14, 2016 – Bullion Management Group Inc. (BMG), a Canadian-based global leader in the precious metals industry, is proud to announce its acceptance by PRI, a global leader in responsible investing endorsed by two separate United Nations initiatives (UNEP Finance Initiative and UN Global Compact). Read More
Bullion Management Group Donates to Canadian Red Cross Relief in Fort McMurray, Alberta
Markham, ON, May 30, 2016 – Bullion Management Group Inc. (BMG) has made a charitable donation to the Canadian Red Cross in support of their ongoing response to the wildfires in Fort McMurray, Alberta. Read more
George Parrill appointed to Bullion Management Group Inc. Board of Directors
Markham, ON – December 23, 2015 – Bullion Management Group Inc. is pleased to announce the recent appointment of George Parrill to their Board of Directors. Read more
Bullion Management Group Inc. (BMG) Announces Availability of New Silver and Platinum Bullion Products
Markham, ON – July 22, 2015 – Today, Bullion Management Group Inc. (BMG) announced the immediate availability of 10-ounce silver bars, 100-ounce silver bars, 10-ounce silver bars in boxes of 50, and 1-ounce platinum Maple Leaf coins in tubes of ten, enabling BMG clients to further diversify their physical bullion holdings. These silver and platinum products are available in limited supply. Read more
Bullion Management Services Inc. Announces Completion of the Merger of the BMG Gold Advantage Return BullionFund with the BMG Gold BullionFund (the “Merger”)
Markham, ON – August 29, 2014 – Bullion Management Services Inc. (the “Manager”) announces the completion of the merger of the BMG Gold Advantage Return BullionFund (the “Fund”) with the BMG Gold BullionFund (the “Continuing Fund”) on a taxable basis effective as of August 28, 2014 (the “Effective Date”). Read more
Bullion Management Services Inc. announces proposed merger of the BMG Gold Advantage Return BullionFund with the BMG Gold BullionFund
Markham, ON – June 24, 2014 – Bullion Management Services Inc. (the “Manager”) announced today a proposal to terminate the BMG Gold Advantage Return BullionFund (the “Fund”) by way of a transfer of assets (the “Merger”) to the BMG Gold BullionFund (the “Continuing Fund” and together with the Fund, the “Funds”) on or around August 26, 2014 (the “Effective Date”). The Merger is subject to the approval of unitholders of the Fund (the “Unitholders”) at the Meeting (defined below) as well as approval of the applicable regulatory authorities. If approved and implemented, the Merger will be effected on a taxable basis. Read more
BMG Announces Silver Maple Leaf Coin Addition
London, United Kingdom – April 10, 2014 – BMG of Canada is pleased to announce a new item on its product roster: Silver Maple Leaf coins. They are presented in ‘Monster Boxes’ of five hundred 1-ounce coins, which are sealed at the Royal Canadian Mint to ensure the integrity of the coins within. Monster Boxes complement the five products currently offered by BMG: 1-kilogramme, 100-ounce and 400-ounce gold bars; 1,000-ounce silver bars; and 50-ounce platinum bars. Read more
Wiley: $10,000 Gold: Why Gold’s Inevitable Rise Is the Investor’s Safe Haven
New Book by Nick Barisheff, President and CEO, Bullion Management Group Inc. Toronto, ON – April 29, 2013 – For investors who are tired of seeing their portfolios lose money or tread water while reading and worrying about ongoing global financial crises, there’s an answer: Gold. Read more
Royal Skandia Adds BMG’s Uncompromised Bullion Funds
Toronto, ON – April 12, 2013 – Bullion Management Group Inc. (BMG) of Canada is pleased to announce that Royal Skandia, a member of the Old Mutual Group, known for its offshore and cross-border investment solutions, has added the BMG BullionFund and the BMG Gold BullionFund (the “Funds”) to their innovative medium- and long-term saving and investment solutions. The funds are now available on the Royal Skandia unit-linked fund range. Read more
New Tax Rules in 2013 Federal Budget Do Not Affect Taxable Benefits from BMG Gold Advantage Return BullionFund
Toronto, ON – March 26, 2013 – The 2013 federal budget proposes to eliminate the taxable benefits that have been enjoyed primarily by numerous fixed income funds, by converting ordinary or interest income to capital gains. Since only one-half of a capital gain is taxable, the government’s revenue is reduced by 50%, so investors have been realizing a significant tax benefit. Often the tax on the taxable capital gain can be deferred for longer than a decade. Read more
Low-interest Contagion for Retirees Inspires Nick Barisheff to Offer Fellow Senior Citizens a Bullion-based Investment Fund That Offers Wealth Preservation With a Steady Cash Flow
Toronto, ON – March 19, 2013 – At 67, Nick Barisheff is worried about the financial health of his generation. He says too many retirees or should-be retirees are suffering the ill effects of “financial repression” – a phenomenon whereby savers are systematically punished by negative real interest rates, initiated by debt-laden governments. Read more
Bullion Management Group Joins Canada’s Social Investment Organization
Toronto, On – February 20, 2013 – Bullion Management Group Inc. (BMG) is pleased to announce it has become an associate member of the Social Investment Organization (SIO). The SIO is the national association for the socially responsible investment (SRI) industry in Canada, with a primary mandate of providing a leadership role in furthering the use of social and environmental criteria within the Canadian investment community. Read more
BMG BullionBars Program Expands With the Addition of Bullion Investment Corporation (BIC) as its Newest Authorized Dealer
Toronto, ON – January 31, 2013 – As worldwide economic conditions continue their gyrations and uncertainty remains part of the financial landscape, the reasons for owning bullion as the most intelligent strategy for long-term capital preservation grow stronger every day. In response to this demand for physical bullion, Bullion Management Group Inc. (BMG) is pleased to announce that Guam-based Bullion Investment Corporation (BIC) has qualified to become a BMG BullionBars Authorized Dealer in the capital city of Hagåtña, Guam serving Micronesia.This brings the global BMG dealer network to 59 dealers operating in 18 nations. Read more
Steady Reliable Cash Flow for Income-Starved Investors from New BMG Gold Advantage Return BullionFund
Toronto, ON – October 18, 2012 – With one-year Canadian treasury bills offering just slightly more than one percent, Bullion Management Services Inc., a BMG company (BMG), is offering cash-flow-starved investors a new open-end mutual fund that couples $0.07 per unit monthly fixed cash distributions with an underlying asset of uncompromised physical gold bullion. Read more
Addition of Sophos Capital Corp. as Newest Authorized Dealer
Toronto, ON – October 3, 2012 – As worldwide economic conditions continue their gyrations and uncertainty remains part of the financial landscape, the reasons for owning bullion as the most intelligent strategy for long-term capital preservation grow stronger every day. In response to this demand for physical bullion, Bullion Management Group Inc. (BMG) is pleased to announce that Canadian-based Sophos Capital Corp. has qualified to become a BMG BullionBars Authorized Dealer in Toronto, Canada. This brings the global BMG dealer network to 58 dealers operating in 17 nations. Read more
Bullion Management Group Names Three New Members to its Board of Directors to Oversee Next Stage of Growth
Toronto, ON – September 12, 2012 – Nick Barisheff, CEO of Bullion Management Group Inc. (BMG) is pleased to announce three new appointees to the company’s Board of Directors, each of whom brings extensive business experience to the board. Named to the board are two Chartered Accountants and a globally successful entrepreneur: Glenn Cooper, Lance McIntosh and Robert Torokvei. Read more
$10,000 Gold: Bullion Management Group CEO Nick Barisheff to Publish New Book with John Wiley & Sons Canada Ltd.
Toronto, ON – May 3, 2012 – Bullion Management Group is pleased to announce that John Wiley & Sons Canada Ltd. will publish $10,000 Gold: The Inevitable Rise and the Investor’s Safe Haven by founder, president and CEO of Bullion Management Group Inc., Nick Barisheff. $10,000 Gold is scheduled for release in the fall of 2012; readers can download the Author’s Preface for no charge at: www.10000goldbook.com. Read more
Solid Gold Canadian Entrepreneurial Success Story Unveiled as BMG CEO Nick Barisheff Celebrates Tenth Anniversary of First Bullion Fund
Toronto, ON – March 5, 2012 – It’s hard to believe that bullion was once an unloved asset class, but Bullion Management Group Inc. (BMG) founder, President and CEO Nick Barisheff fought a multi-year uphill battle that led to the creation of BMG’s first bullion fund 10 years ago today. Read more
Bullion Management Group receives recognition for integrity procedures: Becomes an Associate Member of The London Bullion Market Association
Toronto, ON – November 8, 2011 – In its efforts to continually pursue the highest global standards for bullion purchase, storage, integrity and security for its clients, Bullion Management Group Inc. (BMG) is pleased to announce it has been accepted as an Associate Member of The London Bullion Market Association (LBMA). BMG is one of only two companies in Canada to achieve Associate Membership status. Read more
BMG Offers Global Storage Diversification with Additional Vaults in Hong Kong and New York City
BMG clients can now elect to store bullion on an allocated basis in secure vaults located in Asia, the US or Canada Toronto, ON – July 13, 2011 – Bullion Custodial Services Inc. (BCS), a wholly owned subsidiary of Bullion Management Group Inc. (BMG), is pleased to announce the addition of two storage facilities in Hong Kong and New York City for the custodial storage of its BMG BullionBars products. These new facilities complement the company’s present storage facility in Toronto, Canada and provide clients with more storage locations worldwide. Read more
Bullion Management Group Expands Asia Team as World Gold Council Announces China Year-over-year Demand Up 70%
Hong Kong – March 22, 2011 – The World Gold Council’s latest issue of Gold Demand Trends reveals that gold demand in 2010 reached a 10-year high in tonnage and an all-time high in value, with China as the strongest market for investment demand growth. To help meet increasing demand, Bullion Management Group (Asia) Limited (“BMG Asia”), a wholly owned subsidiary of Bullion Management Group Inc., has opened a branch office in Hong Kong, and is pleased to announce the appointment of Tony Leigh as Managing Director of BMG (Asia). Mr. Leigh will report to Nelson Leung, Head of Asian Operations at BMG (Asia). Read more
Unique Class S Units of BMG Gold BullionFund Invests Directly in Unencumbered, Physical Gold Bullion with No Financial Intermediaries or Counterparty Risk
Toronto, ON – November 15, 2010 – Bullion Management Services Inc. (BMS), a BMG company, the manager and trustee of BMG Gold BullionFund (the Fund), announced today that it raised $8,550,880 in an initial public offering of Class S1 and S2 units of the Fund. Read more
BMG Selects Market2World Communications as Public Relations Agency of Record
Toronto, ON – November 10, 2010 – Market2world communications today announced it has been named PR Agency of Record by one of the world’s fast-growing precious metals bullion investment companies, Bullion Management Group Inc. (BMG). Effective immediately, market2world will contribute to the development and execution of BMG’s communications strategy for BMG BullionFund, BMG Gold BullionFund, and BMG BullionBars. Read more
Bullion Management Group Inc. Launches Gold Precious Metals Fund
Toronto, ON – February 8, 2010 – Bullion Management Group Inc. (BMG) has expanded its line of precious metals bullion funds with the launch of BMG Gold BullionFund. The new fund invests exclusively in uncompromised physical gold bullion and is designed for investors seeking a core holding that offers long-term security and potential capital growth. BMG Gold BullionFund is an open-end mutual fund trust that can be purchased and redeemed daily at Net Asset Value. As a result, it has the same liquidity as bullion itself. All bullion meets London Good Delivery Standards. Read more
BMG BullionBars™: Real Wealth Protection
Precious metals bullion the only effective way to protect wealth in turbulent economic times, according to Bullion Management Group Inc. Toronto, ON – May 8, 2009 – Today’s economic uncertainty has created a shift in the markets as investors, no longer confident in equities or real estate, turn to precious metals – gold, silver and platinum bullion – to protect their portfolios. In response to this growing demand for physical bullion, Bullion Management Group Inc. (BMG) has introduced BMG BullionBars™, a secure and cost-effective way for investors to purchase and safely store precious metals bullion in one convenient process. Read more
BMG BullionFund Performance 2008 Q1
Strength of silver and platinum prices playing a role in Fund`s continuing momentum Toronto, ON – July 11, 2008 – The strong performance of BMG BullionFund (the Fund) in the first half of 2008 demonstrates the strength of diversification and the benefits of holding physical metal in an investment portfolio. The combination of inflation, higher oil prices, and weakness in the US dollar helped boost the performance of precious metals during the first six months of the year and gold, silver and platinum are expected to continue to outperform in the remainder of 2008. Read more
The Millennium BullionFund Reports Five-Year Performance Results
Markham, May 8, 2007 – Bullion Marketing Services Inc, distributor of The Millennium BullionFund, today reported impressive five-year returns for their Class A units. For the five-year period ending March 5, 2007, the Fund generated an average annual compounded rate of return of 6.9 per cent in Canadian dollars and 15.5 per cent in U.S. dollars. Read more
BullionFund OutPerforms TSX, Dow & Spot Price of Gold
Markham, January 1, 2007 – Bullion Marketing Services Inc., distributor of The Millennium BullionFund, today announced performance results for 2006 that clearly reflect accelerating performance for precious metals in comparison to virtually all other investment sectors. Read more
BullionFund Announces Class G Units for Global Investors
Markham, June 15, 2006 – The Millennium BullionFund™, Canada’s first and only open-end mutual fund trust that invests in gold, silver and platinum bullion, now offers a new class of units for global accredited investors. The new Class G units are designed for pension funds, endowment funds, foundations, insurance companies, hedge funds, wrap products and high-net worth individuals with management fees geared to the investment. Read more
Glenn W. Cooper Joins Bullion Management Group Inc.
Markham, October 24, 2005 – Nick Barisheff, President of Bullion Management Group Inc. (BMG) is pleased to announce the appointment of Glenn W. Cooper as Chief Financial Officer. BMG currently manages The Millennium BullionFund™ and is approaching the launch of a new bullion product. Read more
Ibbotson Study Determines Diversification Benefits
Toronto, June 28, 2005 (PRIMEZONE) – A study prepared for Bullion Marketing Services Inc. by Ibbotson Associates has determined that the addition of precious metals bullion to a portfolio of traditional asset classes enhanced diversification and improved the reward-to-risk ratio in conservative, moderate and aggressive asset allocations. Read more
BMS Now Offering RSP and RIF Plans
Markham, January 13, 2005 – Bullion Management Services Inc. is pleased to announce the introduction of registered plans for The Millennium BullionFund. This allows investors to purchase MBF units through their financial advisors, without the necessity of opening a self-directed plan. Read more
Fund Announces F Class and I Class Units
Markham, September 15, 2004 – The Millennium BullionFund, Canada’s first and only RRSP-eligible open-end bullion fund today announced that it now offers two new classes of units and the ability to purchase in US and Canadian dollars. Read more
Fund’s 2nd Anniversary
Toronto, March 5, 2004 – The Millennium BullionFund™, Canada’s first and only open-ended mutual fund trust investing in equal amounts of gold, silver and platinum bullion, celebrates its second anniversary today. Read more
Top Performing Precious Metal Fund in January 2004
Toronto, February 12, 2004 – The Millennium BullionFund™, an open-end mutual fund that holds gold, silver and platinum bullion, is pleased to announce that in January 2004 it achieved the highest performance of any publicly offered precious mutual fund, with a gain of 5.8%. All other precious metal funds, except one, actually recorded losses in January 2004. Read more
Fund Assets up 318% since January, 1, 2003
Toronto, December 10, 2003 – The Millennium BullionFund™, Canada’s first and only RRSP-eligible, open-end bullion fund, has grown by 318 percent since the beginning of 2003. Read more
100 % Sales Growth
Toronto, September 15, 2003 – Bullion Management Services Inc., the manager, trustee and promoter of The Millennium BullionFund™ (MBF100) (the “Fund”), is pleased to announce that $6.6 million in units of the Fund, a 100% increase, have been sold since mid-June 2003. Read more
Portfolio Insurance for Canadians
Toronto, June 10, 2003 – Bullion Management Services Inc. (“BMS”) is pleased to announce national clearance for sale of Canada’s first and only pure bullion open end fund available in every province – The Millennium BullionFund™ (MBF100). Read more