imaxx U.S. Equity Value Fund
The team that runs this value-oriented fund is with the Bear Stearns investment house of New York so perhaps it follows logically that more than a third of the portfolio is in financial service stocks with Citigroup and Bank of America topping the list.
Read Moreimaxx U.S. Equity Growth Fund
Fund Company AEGON Fund Management Fund Type U.S. Equity Rating $$$ Style Growth Risk Level Medium Load Status Optional RRSP/RRIF Suitability Good TFSA Suitability Good Manager Gary Rolle since June 2002 MER 2.96% Code AFM 260 – Front End Units AFM 160 – DSC Units AFM 560 – Low Load Units Minimum Investment $1,000 Analysis: The goal of this fund is to produce capital...
Read Moreimaxx Global Equity Value Fund
The managers of this fund use a fundamental, bottom-up approach in selecting stocks so you’d think they’d be doing better. However, this fund has been an underperformer since its launch in mid-2002 – albeit, in fairness, the current team only assumed responsibility in July 2004. Although this is billed as a global fund, 75% of the assets are in U.S. companies which means that the rapid rise of the Canadian dollar has been a major factor in the poor results.
Read Moreimaxx Global Equity Growth Fund
The mandate of this fund is to focus its attention on companies that have their core business in six key sectors: consumer products/services, financial services, energy, health care, information technology and telecommunications. The manager may go beyond those areas but almost 60% of the portfolio is in the target sectors now. The U.S. and Japan represent about two-thirds of the asset mix in geographic terms.
Read Moreimaxx Canadian Fixed Pay
This is primarily an income trusts fund (75.5% of total assets) with some bonds tossed into the mix (16.4% as of June 30/05). It has tended to underperform the Canadian Income Trusts category, in large part because of that bond position. Over the 12 months to July 31/05 it gained 20.1%, which was nine percentage points below the category average. The three-year average annual compound rate of return was 19% compared at an average of 20.3%. Risk is about average.
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