Recommended List – December 2012
Please download the full report here. During the quarter, there were no additions and one deletion to our Recommended List. Notes: Trimark Fund – Effective immediately, we are removing the UNDER REVIEW rating from the Trimark Fund. The management team has been running the fund since April 2011. Since that time, the risk reward profile of the fund has improved, and we have developed a level...
Read MoreBrandes Emerging Markets Equity Fund
It is managed using a value driven process that looks for companies that are out of favour with investors and whose share price has been beaten down by the markets. It is built on a stock by stock basis which results in a portfolio that has country and sector exposures that look nothing like that of the benchmark. There are various restrictions in place to ensure that the fund does not take on too much risk by becoming too concentrated in any one sector or country.
Read MoreTD Income Advantage Portfolio
With interest rates at historic lows and expected to remain so for the near term, many investors are looking for alternatives to traditional bond funds. The TD Income Advantage Portfolio is one option that investors may want to consider. It is set up as a fund of funds that invests in other TD Mutual Funds.
Read MoreCI American Value Fund
Fund Company CI Investments Inc. Fund Type U.S. Equity Rating F Style Large Cap Blend Risk Level Medium Load Status Optional RRSP/RRIF Suitability Fair TFSA Suitability Fair Manager William Priest since August 2002 David Pearl since August 2002 MER 2.42% Code CIG 7500 – Front End Units CIB 7505 – DSC Units Minimum Investment $500 Analysis: If you were to only judge this fund by its 2012...
Read MoreFidelity Northstar Fund
Despite two very strong, experienced and respected managers now at the helm, this “go anywhere” fund has largely been a disappointment for investors. Part of the reason for the underperformance may be the seemingly never ending revolving door on the manager’s office of the fund. Initially it was run by Alan Radlo. After he left, Cecilia Mo stepped into the chair before defecting to rival Dynamic in the fall of 2011. Since then, the team of Daniel Dupont and Joel Tillinghast has been managing the fund. But without consistency in the manager, it will be very difficult for the fund to gain any sort of sustainable momentum.
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