Mutual Fund Updates

Bissett Microcap Fund

Like the name suggests, this fund invests in those very small companies which have a market capitalization of less than $350 million. In reviewing potential investments for the portfolio, the management team uses a bottom up, growth at a reasonable price process that looks for companies that have strong balance sheets, low valuation risk, and a profitability profile that is better than the index.

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Brandes Global Small Cap Equity Fund

Managed by the Brandes Investment Committee using a bottom up, Graham and Dodd, value focused approach, this global focused small / mid cap fund is looking to build a diversified portfolio of businesses that are trading below their estimate of true value. As of September 30, the fund held 73 names with the top ten making up just under 30% of the fund.

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Sprott Canadian Equity Fund

Prior to 2008 it seemed that this fund could do no wrong. From its launch in 1997, the fund continued to post impressive gains. However, between June 2008 and November 2008 the fund lost more than 52% of its value. Since then, it has gained all of those losses back, and then lost most of it again.

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Sprott Silver Bullion Fund

Many investors view silver in a similar way to gold in that it helps to provide some protection against currency devaluation and inflation. Unlike gold however, silver does have a number of uses in many industrial applications, which can help to underpin its value. Despite this, it has been quite volatile since its launch.

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TD Latin American Growth Fund

As interest in the emerging markets continues to grow, it’s not surprising that some investors may way want to add additional exposure to particular developing regions such as China and Latin America. This fund is one of only a handful that is focused on Latin America.

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Renaissance China Plus Fund

With signs coming out of China showing that the worst of the slowdown may be over and a recovery underway, some investors with higher risk appetites may be looking at adding some additional China exposure to their portfolios. One of the higher rated China funds in our universe is the Renaissance China Focus Fund, which is managed by Hamon Investment Group.

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