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imaxx Canadian Equity Value Fund

Posted by Gordon Pape on Aug 28, 2005 in Mutual Fund Updates | 0 comments

This is the value-oriented partner to imaxx Canadian Equity Growth Fund. The emphasis here is on searching out undervalued companies while at the same time protecting the capital base of investors. The managers, who are with the firm of Foyston, Gordon and Payne, aren’t afraid to take fairly large positions; currently BCE and Bank of Montreal each represent more than 5% of the portfolio. In fact, all the big banks except TD show up in the top ten holdings.