Overview

Quick Facts

Daily Price

$18.74
-1.45% (-$0.28)
March 22, 2019
7-Day Performance -0.02%
Inception date December 17, 2012
CIFSC category Global Equity Balanced
AUM1 $343.37 million
MER 2.01% (as at 2018/04/30, includes HST)

Investment Highlights

In selecting equity securities, the portfolio management team utilizes a detailed seven step process to identify highly differentiated companies with sustainable competitive advantages with cash flow and returns on invested capital that are expected to consistently exceed their cost of capital. They favour companies with attractive and sustainable secular growth, high barriers to entry and strong management teams with a focus on shareholder value creation.The portfolio management team allocates fixed income assets based on analyses of economic factors such as projected international interest rate movements, industry cycles and political trends.

Why Invest

The Pool offers exposure to a portfolio primarily of global equity and fixed income securities. It provides a targeted allocation of 70 per cent equities and 30 per cent fixed income. The equity portfolio management team utilizes a detailed seven step process to select both value and growth companies of all market capitalizations from across the globe.

Fund Details

Investment style Blend
Distribution frequency2 Annual
Management fee 1.63%
Positions 747
Risk Low to Medium
Min. investment $100,000.00 initial; $25.00 PAC
Sub-advisor Manulife Asset Management (US) LLC
Fund Status Open

Fund Codes (MMF)

Series FE LL DSC
Advisor Series 1991
Series T6 1844

Performance3

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
2.87 3.44 -3.38 8.34 -0.18 7.43 8.49 10.67
1 month 2.87
3 months 3.44
6 months -3.38
YTD 8.34
1 year -0.18
3 years 7.43
5 years 8.49
10 years
Inception 10.67

Calendar Returns (%)

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
21.78 6.92 22.25 2.01 14.44 -7.25
2009
2010
2011
2012
2013 21.78
2014 6.92
2015 22.25
2016 2.01
2017 14.44
2018 -7.25

Portfolio Allocation as of January 31, 2019

Asset Allocation (%)

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

Equities 69.55
Fixed income 22.09
Cash and equivalents 8.37

Geographic Allocation (%)

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

United States 41.14
Canada 21.69
Switzerland 6.76
United Kingdom 6.43
France 5.43
Netherlands 5.24
Italy 4.80
Belgium 3.97
Ireland 3.09
Japan 0.79
Other 0.66

Sector Allocation (Equities) (%)

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

Consumer staples 38.16
Consumer discretionary 34.28
Information technology 11.51
Health care 10.20
Real Estate 3.96
Financials 1.68
Energy 0.15
Utilities 0.05
Telecommunication services 0.01

Fixed Income Allocation (%)

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

Canadian investment grade bonds 24.57
U.S. high yield bonds 15.85
Canadian provincial bonds 11.35
Bank loans 8.70
Canadian corporate bonds 8.43
Floating rate bank loans 7.87
U.S. investment grade bonds 6.26
International corporate bonds 4.51
Canadian government bonds 3.38
Canadian high yield bonds 3.17
U.S. corporate bonds 2.93
Canadian municipal bonds 1.16
U.S. government bonds 0.59
Canadian agency bonds 0.44
U.S. federal bonds 0.26
Convertibles 0.17
Preferred stocks 0.15
International government bonds 0.14
Mortgage-backed securities 0.05

Top 10 Holdings4 (%)

Name Weight %
eBay Inc. 6.38
Heineken Holding N.V. 5.20
Anheuser-Busch InBev SA/NV 3.97
Danone SA 3.74
Nestlé S.A. 3.68
Reckitt Benckiser Group plc 3.57
Amazon.com, Inc. 3.47
Ferrari N.V. 3.14
Compagnie Financière Richemont SA 3.09
Allergan plc 3.02

Distributions

Effective Date Net Asset Value Income Capital Gain Total Distribution Reinvestment Price
2019/03/22 $18.74
2019/03/21 $19.01
2019/03/20 $18.93
2019/03/19 $18.91
2019/03/18 $18.88
2019/03/15 $18.86
2019/03/14 $18.74
2019/03/13 $18.72
2019/03/12 $18.65
2019/03/11 $18.65
2019/03/08 $18.52
2019/03/07 $18.56
2019/03/06 $18.61
2019/03/05 $18.60
2019/03/04 $18.61
2019/03/01 $18.59
2019/02/28 $18.36
2019/02/27 $18.27
2019/02/26 $18.36
2019/02/25 $18.27
2019/02/22 $18.30
2019/02/21 $18.29
2019/02/20 $18.32
2019/02/19 $18.34
2019/02/15 $18.28
2019/02/14 $18.17
2019/02/13 $18.13
2019/02/12 $18.02
2019/02/11 $17.91
2019/02/08 $17.86
2019/02/07 $17.87
2019/02/06 $17.95
2019/02/05 $18.00
2019/02/04 $17.88
2019/02/01 $17.81
2019/01/31 $17.84
2019/01/30 $17.68
2019/01/29 $17.64
2019/01/28 $17.64
2019/01/25 $17.69
2019/01/24 $17.64
2019/01/23 $17.66
2019/01/22 $17.63
2019/01/21 $17.61
2019/01/18 $17.63
2019/01/17 $17.52
2019/01/16 $17.41
2019/01/15 $17.48
2019/01/14 $17.37
2019/01/11 $17.45
2019/01/10 $17.40
2019/01/09 $17.34
2019/01/08 $17.29
2019/01/07 $17.14
2019/01/04 $17.10
2019/01/03 $16.83
2019/01/02 $16.96
2018/12/31 $16.94
2018/12/28 $16.87
2018/12/27 $16.83
2018/12/24 $16.46
2018/12/21 $16.65
2018/12/20 $16.88
2018/12/19 $17.00
2018/12/18 $17.10
2018/12/17 $17.07
2018/12/14 $17.27
2018/12/13 $17.47
2018/12/12 $17.54
2018/12/11 $17.48
2018/12/10 $17.47
2018/12/07 $17.47
2018/12/06 $17.66
2018/12/05 $17.69
2018/12/04 $17.63
2018/12/03 $17.84
2018/11/30 $17.75
2018/11/29 $17.73
2018/11/28 $17.77
2018/11/27 $17.59
2018/11/26 $17.59
2018/11/23 $17.47
2018/11/22 $17.43
2018/11/21 $17.51
2018/11/20 $17.37
2018/11/19 $17.51
2018/11/16 $17.66
2018/11/15 $17.69
2018/11/14 $17.62
2018/11/13 $17.66
2018/11/12 $17.62
2018/11/09 $17.83
2018/11/08 $17.92
2018/11/07 $18.00
2018/11/06 $17.84
2018/11/05 $17.81
2018/11/02 $17.83
2018/11/01 $17.85
2018/10/31 $17.67
2018/10/30 $17.60
2018/10/29 $17.56
2018/10/26 $17.65
2018/10/25 $17.81
2018/10/24 $17.64
2018/10/23 $17.98
2018/10/22 $18.03
2018/10/19 $18.04
2018/10/18 $18.00
2018/10/17 $18.11
2018/10/16 $18.20
2018/10/15 $17.95
2018/10/12 $17.98
2018/10/11 $17.88
2018/10/10 $18.06
2018/10/09 $18.44
2018/10/05 $18.41
2018/10/04 $18.47
2018/10/03 $18.69
2018/10/02 $18.61
2018/10/01 $18.66
2018/09/28 $18.73
2018/09/27 $18.86
2018/09/26 $18.81
2018/09/25 $18.74

Management

Jonathan White
Sandy Sanders
Terry Carr

Management Fee Reduction5

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