BMG has added a new mutual fund to its lineup. This one is an open-ended mutual fund like its current BMG BullionFund, which invests only in gold, silver and platinum bullion. The new fund will invest only in gold bullion, with the same discriminating approach the BMG uses for all its investment offerings – no 'paper assets'. Here is an excerpt from the announcement: "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 here: BMG BullionFund