While the Fidelity offering above has the biggest emphasis on large caps, this fund is the most focused on small cap names. The average market cap of the companies and REITs in this fund is significantly lower than any of the other funds on the list. The focus is predominantly Canada, but it can invest up 30% abroad. At the end of March, it held about 10% in the U.S. Launched in late 2010, performance was impressive in 2011 and 2012, but underperformed in 2013 and so far this year. Given the relatively small level of assets, and underperformance in 2013, I will be rather cautious on this offering, until I see a bit more of a track record and can do a much deeper review.
