Overview

Quick Facts

Daily Price

$14.28
0.89% ($0.13)
January 18, 2019
7-Day Performance 3.45%
Inception date December 14, 2012
CIFSC category Canadian Equity
AUM1 $15.31 million
MER 2.00% (as at 2018/04/30, includes HST)

Investment Highlights

The portfolio managers utilize a fundamental, bottom-up investment approach to select securities. Proprietary analysis is used to construct and analyze the historical economic earnings of a company in order to gain an understanding of the business being studied. Factors such as the magnitude and volatility of a company’s earnings, competitive advantages, products and other performance drivers are also considered in selecting securities for the Pool.

Why Invest

Managed by the Canadian Fundamental Equity Team this fund employs a fundamental, bottom-up approach to security selection with a strong focus on downside protection The investment team’s portfolio construction process is grounded in rigorous company specific fundamental research favouring companies exhibiting sustainable business models, predictable cash flows and growing dividends that can be returned to investors

Fund Details

Investment style Blend
Distribution frequency2 Annual
Distribution Yield3 1.90%
Management fee 1.57%
Positions 43
Risk Medium
Min. investment $100,000.00 initial; $25.00 PAC
Sub-advisor Manulife Asset Management Limited
Fund Status Open

Fund Characteristics as of November 30, 2018

Valuation/Growth Portfolio
Active Share 60.67%
Dividend Yield 2.56%
Market Cap ($B)4 $66,566.00

Fund Codes (MMF)

Series FE LL DSC
Advisor Series 1948
Series T6 1275

Performance5

Growth of $10,000 since inception

Jump to Range Total return for this timeframe

Compound Returns (%)

1 month 3 months 6 months YTD 1 year 3 years 5 years 10 years Inception
-5.65 -9.45 -8.63 -5.45 -5.45 4.53 5.37 6.57
1 month -5.65
3 months -9.45
6 months -8.63
YTD -5.45
1 year -5.45
3 years 4.53
5 years 5.37
10 years
Inception 6.57

Calendar Returns (%)

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
10.93 14.69 -0.83 12.12 7.73 -5.45
2009
2010
2011
2012
2013 10.93
2014 14.69
2015 -0.83
2016 12.12
2017 7.73
2018 -5.45

Portfolio Allocation as of November 30, 2018

Asset Allocation (%)

See following table for detailed information. The pie slices display the relative value of each table entry.

Equities 99.35
Cash and equivalents 0.65

Geographic Allocation (%)

See following table for detailed information. The pie slices display the relative value of each table entry.

Canada 90.67
United States 7.43
Ireland 1.90

Sector Allocation (Equities) (%)

See following table for detailed information. The pie slices display the relative value of each table entry.

Financials 27.17
Information technology 16.14
Energy 12.00
Industrials 11.04
Consumer discretionary 9.55
Consumer staples 7.00
Materials 6.34
Telecommunication services 5.22
Health care 3.26
Real Estate 2.28

Top 10 Holdings6 (%)

Name Weight %
Toronto-Dominion Bank 6.74
The Bank of Nova Scotia 5.89
CCL Industries Inc. 5.31
BCE Inc. 5.19
CGI Group Inc. 4.80
Canadian Natural Resources Limited 4.37
Open Text Corporation 3.80
Canadian Pacific Railway Limited 3.41
Canadian Imperial Bank of Commerce 3.41
Cogeco Communications Inc. 3.24

Distributions

Effective Date Net Asset Value Income Capital Gain Total Distribution Reinvestment Price
2019/01/18 $14.28
2019/01/17 $14.15
2019/01/16 $14.05
2019/01/15 $14.00
2019/01/14 $13.89
2019/01/11 $13.88
2019/01/10 $13.80
2019/01/09 $13.72
2019/01/08 $13.57
2019/01/07 $13.45
2019/01/04 $13.35
2019/01/03 $13.14
2019/01/02 $13.31
2018/12/31 $13.33
2018/12/28 $13.23
2018/12/27 $13.14
2018/12/24 $12.75
2018/12/21 $12.91
2018/12/20 $13.13
2018/12/19 $13.28
2018/12/18 $13.39
2018/12/17 $13.35
2018/12/14 $13.62
2018/12/13 $13.80
2018/12/12 $13.81
2018/12/11 $13.70
2018/12/10 $13.77
2018/12/07 $13.75
2018/12/06 $13.88
2018/12/05 $14.12
2018/12/04 $14.01
2018/12/03 $14.18
2018/11/30 $14.13
2018/11/29 $14.08
2018/11/28 $14.05
2018/11/27 $13.82
2018/11/26 $13.87
2018/11/23 $13.83
2018/11/22 $13.84
2018/11/21 $13.85
2018/11/20 $13.66
2018/11/19 $13.86
2018/11/16 $13.97
2018/11/15 $13.94
2018/11/14 $13.94
2018/11/13 $13.94
2018/11/12 $13.93
2018/11/09 $14.04
2018/11/08 $14.13
2018/11/07 $14.16
2018/11/06 $14.10
2018/11/05 $14.07
2018/11/02 $13.98
2018/11/01 $14.06
2018/10/31 $13.94
2018/10/30 $13.81
2018/10/29 $13.68
2018/10/26 $13.79
2018/10/25 $13.85
2018/10/24 $13.76
2018/10/23 $14.07
2018/10/22 $14.18
2018/10/19 $14.17
2018/10/18 $14.10
2018/10/17 $14.22
2018/10/16 $14.27
2018/10/15 $14.08
2018/10/12 $14.12
2018/10/11 $13.99
2018/10/10 $14.21
2018/10/09 $14.53
2018/10/05 $14.63
2018/10/04 $14.67
2018/10/03 $14.69
2018/10/02 $14.65
2018/10/01 $14.76
2018/09/28 $14.72
2018/09/27 $14.85
2018/09/26 $14.80
2018/09/25 $14.78
2018/09/24 $14.85
2018/09/21 $14.89
2018/09/20 $14.85
2018/09/19 $14.80
2018/09/18 $14.85
2018/09/17 $14.76
2018/09/14 $14.76
2018/09/13 $14.77
2018/09/12 $14.80
2018/09/11 $14.87
2018/09/10 $14.81
2018/09/07 $14.82
2018/09/06 $14.85
2018/09/05 $14.87
2018/09/04 $14.88
2018/08/31 $14.95
2018/08/30 $15.02
2018/08/29 $15.02
2018/08/28 $14.99
2018/08/27 $15.06
2018/08/24 $15.01
2018/08/23 $15.04
2018/08/22 $15.04
2018/08/21 $15.02
2018/08/20 $15.04
2018/08/17 $15.08
2018/08/16 $15.04
2018/08/15 $14.97
2018/08/14 $15.09
2018/08/13 $15.00
2018/08/10 $15.00
2018/08/09 $15.12
2018/08/08 $15.02
2018/08/07 $14.97
2018/08/03 $15.04
2018/08/02 $15.01
2018/08/01 $14.95
2018/07/31 $14.96
2018/07/30 $14.89
2018/07/27 $14.94
2018/07/26 $14.97
2018/07/25 $14.93
2018/07/24 $14.89
2018/07/23 $14.92
2018/07/20 $14.93

Management

Patrick Blais

Management Fee Reduction7

Account/Household Value Tiers All Qualifying Investments
$250K+ to $499K 2.5 basis points
$500K+ to $999K 5 basis points
$1M+ to $4.9M 7.5 basis points
$5M+ to $9.9M 10 basis points
$10M+ 12.5 basis points