Northwest U.S. Equity Fund
Richard Fogler, manager of the fund uses an approach known as Economic Value Added to evaluate potential investments. The objective of the complicated analytical process is to identify companies that consistently add shareholder value, thereby improving the price of their stock. Essentially, Fogler uses this approach to analyze what a company will be worth in the future, and buys stocks in the firms with the best potential. If he doesn’t see the potential for 40% to 50% growth within two years, the stock doesn’t make the buy list.
Read MoreMackenzie Ivy Enterprise Fund
Like other funds in the Ivy family, this north American focused small / mid cap fund is less volatile than other funds in the category. The manager looks to preserve capital and provide the opportunity for capital growth over the long term by investing in North American small and mid cap funds. There are no fixed sector allocations or cash weightings.
Read MoreEdgePoint Global Portfolio
Having worked together for a number of years at Invesco, Tye Bousada and Geoff Wilson formed EdgePoint in 2008. At EdgePoint, the investment philosophy is very simple – business people buying businesses. In managing their funds, they look to buy high quality companies that are trading at prices below their estimate of their true worth. They employ a fundamentally driven, bottom up investment process that is based on the old Trimark approach.
Read MoreBMO Guardian Monthly High Income II
Since our last review, there have been no changes to the management team or the investment process used on the fund. It remains a well diversified, dividend focused portfolio, holding approximately 60 positions, with the top 10 making up 35% of the fund.
Read MoreMutual Funds and ETFs Update – May 2012
In this edition of the Mutual Fund and ETF Update, we discuss why the current investment environment is so challenging for investors and what steps they can take to best position their portfolios for it. We also conduct a detailed review of our Recommended List of Mutual Funds and speak with the new management team of the Trimark Fund.
Read More