CI Signature High Income Fund
Managed by Eric Bushell and his Signature Team, the fund has the objective of generating a high level of income and long term capital growth. This is a fund that has excelled at both. It pays investors a monthly distribution of $0.07 per unit, which works out to an annualized yield of approximately 6.1% at current prices. Investors have also been rewarded with strong first quartile performance from the fund since its inception.
Read MoreRecommended List – December 2011
During the fourth quarter, we made a number of changes to the Recommended List. Two funds were added to our list, one fund was removed, three funds were placed UNDER REVIEW, and one fund which had previously been placed UNDER REVIEW was fully reinstated to the list.
Read MoreAGF Canadian Small Cap Fund
After a very strong 2009 and 2010, small cap stocks struggled through 2011 giving back some of the gains of the previous two years. The AGF Canadian Small Cap Fund was no exception, losing 14.7%, for the year, which was slightly worse than the BMO Small Cap Index.
Read MoreRBC O’Shaughnessy U.S. Value Fund
In managing this U.S. equity fund, Jim O’Shaughnessy uses a very quantitatively driven approach to stock selection. He has poured over decades of historical stock data to determine the factors which have, at least on a historic level, delivered excess returns to investors. He outlined his findings in his book What works on Wall Street. The key factors that are considered by the model include sufficient trading size, trading volume, growing sales and cash flows. Another metric considered is what O’Shaughnessy calls “shareholder yield” which is a combination of dividend payouts and stock repurchase programs.
Read MoreRBC North American Value Fund
The team of Stuart Kedwell and Doug Raymond utilize a multi stage portfolio construction process that incorporates both quantitative screening and fundamental, bottom up analysis.
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