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RBC European Equity Fund
European equities remain attractively valued when compared to their North American brethren. Given the struggles in many European economies, these valuations may be justified. Aggressive stimulus action from the European Central Bank has the potential to spur a liquidity driven rally that may push prices up. Unfortunately we can’t say when or even if that will happen. But if you have a long-term time horizon and want to gain exposure to the troubled region, this is not a bad way to do it. Managers Dominic Wallington and David Lambert take a...
read moreRBC Emerging Markets Equity
Launched in December 2009, this emerging markets fund shows a lot of promise. Managed by veteran Phillippe Langham and his team using a “Growth at a Reasonable Price” approach, performance has been very strong. To the end of July, it has gained an annualized 8.10% for the past three years, handily outpacing both the index and many of its peers. Perhaps more impressive, the fund’s overall volatility and downside capture are very favourable. In fact, on a risk adjusted basis, this fund is starting to give my current favourite, Brandes Emerging...
read moreRBC Global Dividend Growth
Investing industry leading companies located anywhere around the world, the managers like companies with consistent and predictable profit growth, and the ability to pay and grow dividends. Performance, particularly recently, has been strong. It has been one of the better global equity funds around since 2011. For the three years ending July 31, it’s gained an annualized 16.4%, handily outpacing its peers. Be warned, despite its emphasis on high quality dividend paying companies, it tends to be more volatile than the index. Still, over the...
read moreRBC O’Shaughnessy Global Equity
This is managed using a quantitative strategy designed by Jim O’Shaughnessy. He screens the global equity universe looking for characteristics such as strong sales growth, cash flow, and dividend yield. He also considers trading liquidity. This could serve as a core global equity fund, with its diversified portfolio and go anywhere mandate. The portfolio is made up of the top 200 rated stocks and is rebalanced on a yearly basis. Like other O’Shaughnessy managed funds, it tends to be a bit more volatile than other global equity funds, but over...
read moreTrimark Income Growth Fund
Fund Company Invesco Canada Ltd. Fund Type Canadian Equity Balanced Rating Style Blend Risk Level Medium Load Status Optional RRSP/RRIF Suitability Good TFSA Suitability Good Manager Jennifer Hartviksen since September 2013 Alan Mannik since June 2012 Clayton Zacharias since June 2012 MER 1.82% Front End, 2.63% DSC Code AIM 1543 – Front End Units AIM 1541 – DSC Units Minimum Investment $500 Analysis: This is a fund that is currently in transition, and on paper, the prognosis looks good. The equity portion of the fund is managed by the...
read moreRBC Canadian Dividend Fund
Fund Company RBC Global Asset Management Fund Type Canadian Dividend and Income Equity Rating B Style Large Cap Blend Risk Level Medium Load Status No Load / Optional RRSP/RRIF Suitability Excellent TFSA Suitability Excellent Manager Stu Kedwell since April 2007 Doug Raymond since April 2007 MER 1.79% Code RBF 266 – No Load Units RBF 759 – Front End Units Minimum Investment $500 Analysis: In my conversations with Canadian equity managers, one of the topics that comes up rather often is how challenging it becomes to find suitable investment...
read moreJarislowsky Fraser Select Canadian Equity
Fund Company Jarislowsky Fraser Ltd. Fund Type Canadian Focused Equity Rating B Style Blend Risk Level Medium Load Status Optional RRSP/RRIF Suitability Good TFSA Suitability Good Manager Margot Ritchie since October 2010 Helen Beck since November 2012 Charles Nadim since November 2012 MER 2.16% Code NBC 3402 – Front End Units NBC 3602 – Low Load Units Minimum Investment $500 Analysis: With roots dating back to 1955, Jarislowsky Fraser is one of the oldest and highly respected investment management firms in Canada. Until recently, they did...
read moreSteadyhand Small Cap Equity Fund
Fund Company Steadyhand Investment Funds Inc. Fund Type Canadian Focused Small Mid Cap Equity Rating A Style Blend Risk Level Medium Load Status No Load RRSP/RRIF Suitability Excellent TFSA Suitability Good Manager Wil Wutherich since February 2007 MER 1.78% Code SIF 150 – No Load Units Minimum Investment $10,000 Analysis: This small cap offering from Steadyhand is definitely worth taking a serious look at. It is a concentrated portfolio of 15 to 20 names that is managed by Wil Wutherich. Mr. Wutherich pays no attention to the benchmark, and...
read moreFranklin Bissett Dividend Income
Fund Company Franklin Templeton Investments Fund Type Canadian Equity Balanced Rating A Style Growth at a Reasonable Price Risk Level Medium Load Status Optional RRSP/RRIF Suitability Excellent TFSA Suitability Excellent Manager Ryan Crowther since June 2011 Les Stelmach since December 2012 MER 2.39% Code TML 203 – Front End Units TML 303 – DSC Units Minimum Investment $500 Analysis: Managed using Bissett’s fundamentally driven, bottom up security selection approach, this provides exposure to a mix of high yielding equities, and up to 25%...
read moreIA Clarington Canadian Small Cap Fund
Fund Company IA Clarington Investments Inc. Fund Type Canadian Small / Mid Cap Equity Rating A Style Blend Risk Level Medium Load Status Optional RRSP/RRIF Suitability Excellent TFSA Suitability Excellent Manager Joe Jugovic since March 2007 Ian Cooke since November 2008 MER 2.94% Code CCM 520 – Front End Units CCM 521 – DSC Units Minimum Investment $500 Analysis: I have to admit that I have been a fan of the QV managed small cap funds for as long as I’ve been in the business. The managers, Ian Cooke and Joe Jugovic look for high quality...
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