Below are a few of our recent fund updates. Log in or subscribe to see all of them.
CI Harbour Fund
Fund Company CI Investments Inc. Fund Type Canadian Focused Equity Rating D Style Blend Risk Level Medium Load Status Optional RRSP/RRIF Suitability Good TFSA Suitability Good Manager Stephen Jenkins since June 1997 MER 2.44% Code CIG 690 – Front End Units CIG 890 – DSC Units Minimum Investment $500 Analysis: Until December 2012, this fund had been managed by respected veteran, Gerry Coleman, when he handed over the reins to longtime associate, Stephen Jenkins. Despite the change in manager, there hasn’t been any major changes to the...
read moreDynamic Canadian Dividend Fund
Fund Company Dynamic Funds Fund Type Canadian Dividend & Income Equity Rating F Style Value Blend Risk Level Medium Load Status Optional RRSP/RRIF Suitability Fair TFSA Suitability Fair Manager David Fingold since October 2011 Don Simpson since December 2012 MER 2.42% Code DYN 1040 – Front End Units DYN 1250 – DSC Units Minimum Investment $500 Analysis: This is a fund that has undergone some pretty big changes in the past few years. In 2011, David Fingold took the lead after the departure of David Taylor. With Mr. Fingold at the helm, the...
read moreAGF Emerging Markets
Fund Company AGF Investments Fund Type Emerging Markets Equity Rating B Style Blend Risk Level Medium High Load Status Optional RRSP/RRIF Suitability Good TFSA Suitability Good Manager Stephen Way since May 2012 Alpha Ba since May 2012 MER 3.11% Code AGF 791 – Front End Units AGF 691 – DSC Units Minimum Investment $500 Analysis: Until the May 2012 departure of manager Patricia Perez-Coutts, this was hands down my favourite emerging markets fund. Over most time periods, it had outperformed both its index and its competition, and done so with...
read moreBeutel Goodman American Equity Fund
Fund Company Beutel Goodman & Company Ltd. Fund Type U.S. Equity Rating D Style Blend Risk Level Medium Load Status No Load RRSP/RRIF Suitability Good TFSA Suitability Good Manager Gavin Ivory since February 2006Glenn Fortin since June 1997 MER 1.47% Code BTG 774 – No Load Units Minimum Investment $5,000 Analysis:The Beutel Goodman American Equity Fund is managed using a highly disciplined, bottom up value approach that places emphasis on capital preservation, with a focus on delivering absolute returns and managing risks. To achieve...
read moreMawer Balanced Fund
Fund Company Mawer Investment Management Fund Type Global Neutral Balanced Rating A Style Blend Risk Level Low – Medium Load Status No Load RRSP/RRIF Suitability Excellent TFSA Suitability Excellent Manager Greg Peterson since June 2006 MER 0.95% Code MAW 104 – Front End Units Minimum Investment $5,000 Analysis: In a recent article, I picked the Mawer Balanced Fund (MAW 104) as the fund I would want to own in 2014, if I could only pick one fund. Thisfund of fund offering from Calgary based Mawer Investment Management gives you a bit of...
read moreMawer Tax Effective Balanced Fund
This fund used to be known as the Mawer Canadian Diversified Investment Fund, until its name change midway through 2012. Under the new name, it has the objective of achieving a long term, value added total return on both a pre-tax and after tax basis. It invests in a mix of large and small cap stocks, bonds and cash.
read moreAGF Inflation Focus Fund
In May of last year, AGF launched this very interesting balanced fund that is designed to mitigate the impact of inflation. To do this, it invests in an actively managed basket of AGF funds with underlying exposure to inflation adjusted fixed income and resource and commodity stocks. The target asset mix is set at 60% AGF Inflation Plus Bond Fund, 20% AGF Global Resources Class, and 20% AGF Precious Metals Fund. At November 30, it was underweight both bonds and precious metals, with an overweight to resources.
read moreMackenzie Canadian Large Cap Dividend Fund
Fund Company Mackenzie Financial Corporation Fund Type Canadian Dividend and Income Equity Rating C Style Value Risk Level Medium Load Status Optional RRSP/RRIF Suitability Fair TFSA Suitability Fair Manager Hovig Moushian since December 2013 Darren McKiernan since December 2013 MER 2.50% Code MFC 1531 – Front End Units MFC 1630 – DSC Units Minimum Investment $500 Analysis: A few months ago, I highlighted this fund and panned it, with the view that performance would be expected to remain below average. Apparently I’m not the only...
read moreGBC Growth & Income Fund
Unlike a lot of traditional balanced funds that usually invest in big blue chip names, this one focuses more on small and mid-cap companies for its equity exposure. The managers combines a top down, macro analysis that is used to set the asset mix with a fundamentally driven, bottom up security selection process. At the end of November, the fund held 31% in bonds, 66% in Canadian equity and 3% in cash. It can invest up to 30% in non-Canadian securities.
read moreDynamic Small Business Fund
They look for best in class businesses with strong balance sheets, dominant positions in their respective industries and management teams that hold a significant stake in the business. Typically, these companies tend to exhibit low levels of volatility and generate growing levels of free cash flow. Given the background of Mr. Belaiche, it tends to be heavily exposed energy, REITs, and financials, which as of October 31 made up nearly 45% of the fund.
read more