Dynamic American Value Fund
Manager David Fingold takes a fundamentally driven, bottom up value focused approach to securities selection, buying stocks trading at a significant discount to their intrinsic value and selling when they become fully priced. The portfolio is quite concentrated, typically holding about 30 names and he places large bets on stocks he likes. As of November 30, the top 10 holdings make up 36% of the fund.
Read MoreDynamic Power American Growth Fund
Like most of the other funds under the Power banner, this is not for the faint of heart. Manager Noah Blackstein uses a very concentrated, growth oriented approach in managing this fund. Because of this, the fund tends to be considerably more volatile than other U.S. equity funds, with a level of volatility more than 1.5 times the S&P 500 Index.
Read MoreCI 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 MoreAGF Monthly High Income Fund
The fund has a neutral weighting of 50% equities and 50% fixed income. The manager has a very flexible mandate and will set the asset mix based on the relative income opportunities and the risk/reward characteristics of each asset class. Equities are permitted to range between 20% and 80% of the fund’s assets.
Read MorePH&N Total Return Bond Fund
While interest rates are likely on hold for the near to medium term, the fact remains that interest rates will be moving higher at some point in the future. Knowing this, many investors may be tempted to move out of fixed income and into even safer investments such as cash. In our opinion, this is not a wise move as we believe that fixed income investments should form a cornerstone of most investment portfolios.
Read MoreBMO Guardian Enterprise Fund
This Canadian small/mid cap fund is virtually identical to the highly respected Mawer New Canada Fund, which has been capped to new investors for some time. While there may be some differences between the holdings, the overwhelming majority of the fund will be the same.
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