WRAP Funds Report – April 2013
Fund of Fund or WRAP funds have consistently led the mutual funds sales stats in the past few years. Investor and advisor interest in the products are at an all time high, given the unprecedented levels of market volatility and uncertainty that is prevalent in the markets today. To help you zero in on the best WRAP funds available, we have created our new Monthly WRAP Funds Report that will be...
Read MoreFidelity True North Fund
Fund Company Fidelity Investments Canada Fund Type Canadian Equity Rating C Style Growth at a Reasonable Price Risk Level Medium Load Status Optional RRSP/RRIF Suitability Good TFSA Suitability Good Manager Maxime Lemieux since November 2009 MER 2.28% Code FID 225 – Front End Units FID 525 – DSC Units Minimum Investment $500 Analysis: Using a “growth at a reasonable price” approach,...
Read MoreTrimark U.S. Small Companies Class
The team of Rob Mikalachki and Virginia Au manage the fund based on the basic Trimark philosophy of “business people buying businesses”. The process used is very much a value focused, bottom up approach where the managers are looking for high quality, well managed stocks that are largely ignored by the rest of the investment world. They look for good management teams that are typically the number one or number two ranked companies in their industry.
Read MoreMutual Funds/ETFs Update – May 2013
PDF Copy of this Edition WHAT’S NEW Fund closures as a result of the Federal Budget – In reaction to the most recent Federal Budget which essentially eliminated the effectiveness of “character conversion transactions” that were used to convert interest income to capital gains, a number of mutual funds have been closed to new investments. A partial list can be found at:...
Read MoreExcel China Fund
This fund looks to capitalize on that impressive growth story by investing in companies that are located in China, Hong Kong and Taiwan. It is managed by Barings International Investment Limited, which was one of the first companies to invest in Chinese equities. Today, they are one of the largest teams investing in China and Hong Kong equities.
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