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PH&N Bond Fund
Fund Company Phillips, Hager & North Investment Management Fund Type Canadian Fixed Income Rating Not Rated Style Multiple Risk Level Low – Medium Load Status No Load / Optional RRSP/RRIF Suitability Excellent TFSA Suitability Excellent Manager PH&N Fixed Income Team MER 0.61% Series D units, 1.16% Advisor sold units Code PHN 110 – No load units PHN 6110 – Front End Units Minimum Investment $5,000 Analysis: This has long been one of my favourite bond funds available to Canadian investors. Looking at the fund’s track record, it’s not...
read moreCambridge Pure Canadian Equity
Since its September 2012, this Brandon Snow managed small cap offering has handily outpaced both the benchmark and its peer group. For the year ending June 30, it gained a staggering 48%, while the BMO Canadian Small Cap Index was down 1%. While this outperformance is impressive, it is not sustainable, and I expect that over time, we’ll see it return to a more normalized level. This fund is very similar to the CI Cambridge Canadian Growth Companies Fund, except that this offering is more Canadian focused.
read moreCI Cambridge Canadian Growth Companies
Since its September 2012, this Brandon Snow managed small cap offering has handily outpaced both the benchmark and its peer group. For the year ending June 30, it gained a staggering 44%, while the BMO Canadian Small Cap Index was down 1%. While this outperformance is impressive, it is not sustainable, and I expect that over time, we’ll see it return to a more normalized level.
read moreTrimark Fund
The Trimark Fund has been a staple on my Recommended List for a number of years. The management team of Michael Hatcher, Darren McKiernan and Jeff Feng run a concentrated portfolio of high quality, well managed businesses that have sustainable competitive advantages and the ability to generate strong levels of free cash flow.
read moreMutual Beacon Fund
Like other funds managed by the Mutual Series, this U.S. focused offering is managed using a disciplined, three pronged approach. The core of the portfolio is invested in undervalued stocks that the managers believe have a viable, near term catalyst in place that will help to unlock shareholder value. In selecting names for the portfolio, they must be trading at a level that is a significant discount to their estimate of its true value. These types of opportunities will typically make up around 90% of the fund.
read moreMackenzie Universal U.S. Blue Chip
Recently added to our Recommended List of funds, this U.S. equity fund is a good core holding for many investors. In selecting stocks for the portfolio, the managers use a two pronged approach. One approach is a company specific approach. Here, they look for opportunities that are specific to a particular company. Examples would include a company that is going through a restructuring, changes in management, or a reallocation of capital. The other approach that is used is a more thematically driven one, that looks at the world from a top down perspective, looking to identify market sectors that can benefit from the company environment.
read moreHSBC Equity Fund
This large cap focused offering has a portfolio that looks very much like the S&P/TSX Composite, except for a slight underweight in materials and a modest overweight position in financials. The top ten is filled with many household names including the big banks, Suncor Energy and Canadian National Railway. The investment approach has been fairly patient, with portfolio turnover averaging 20% or so for the past five years.
read moreRBC O’Shaughnessy U.S. Value Fund
Fund Company RBC Global Asset Management Fund Type U.S. Equity Rating C Style Value Risk Level High Load Status Optional RRSP/RRIF Suitability Good TFSA Suitability Good Manager Jim O’Shaughnessy since November 1997 MER 1.53% Code RBF 552 – No Load Units RBF 776 – Front End Units RBF 134 – Low Load Units Minimum Investment $500 Analysis: In managing this U.S. equity fund, Jim O’Shaughnessy uses a very quantitatively driven approach to stock selection. He has poured over decades of historical stock data to determine the factors which have, at...
read moreNational Bank Global Equity
Since the new management team of Nadim Rizk and Andrew Chan of Fiera Capital took over this fund a little more than a year ago, the performance has definitely turned around. It had previously been a laggard, and was perennially in the bottom half of the category, while lately it has been firmly in the upper half of the category.
read moreFirst Asset Canadian Dividend Opportunities
Originally launched as a closed end fund in 2010, it was converted into a mutual fund in April of last year. Since its launch, it has done a tremendous job of delivering above average returns with below average risk.
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