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Cundill Recovery Fund
Q – What is your opinion of the Cundill Recovery Fund? A – The timing of this question couldn’t be better, given that elsewhere in this edition we highlighted the new IA Clarington Sarbit Activist Opportunities Class. This fund is in a similar space in that it has the mandate to invest in companies that are undergoing some sort of recovery situation such as reorganization, coming out of bankruptcy protection, a change in ownership or other crisis. The company must also meet the very disciplined Cundill investment criteria....
read moreCI Signature Dividend Fund
Fund Company CI Investments Inc. Fund Type Canadian Dividend and Income Equity Rating B Style Blend Risk Level Medium Load Status Optional RRSP/RRIF Suitability Good TFSA Suitability Good Manager Eric Bushell since October 1999 John Hadwen since October 1999 John Shaw since October 1999 MER 1.88% Code CIG 610 – Front End Units CIG 810 – DSC Units Minimum Investment $500 Analysis: With its flexible mandate, investing in a mix of preferred shares and high yielding common shares, it offers investors access to a well diversified, quality...
read moreCI Signature Canadian Resource Fund
Fund Company CI Investments Inc. Fund Type Natural Resources Equity Rating D Style Growth Risk Level High Load Status Optional RRSP/RRIF Suitability Fair TFSA Suitability Fair Manager Scott Vali since January 2006 MER 2.41% Code CIG 611 – Front End Units CIG 811 – DSC Units Minimum Investment $500 Analysis: With uncertainty over China and continued economic woes in Europe weighing on commodities, resource funds have struggled of late. This fund is no exception, losing 9.1% for the year ending February 28. While this is disappointing,...
read moreBMO Diversified Income Portfolio
This Canadian balanced fund is designed to provide investors with a fixed monthly distribution and invests in a diversified portfolio of Canadian and international bonds and equities. Currently, it is tilted towards equities, holding 26% in bonds and 5% in cash, with the balance invested in equities. Canadian equities are 31% of the fund, with the balance invested abroad.
read moreBeutel Goodman Canadian Dividend Fund
Fund Company Beutel Goodman Company Ltd. Fund Type Canadian Dividend & Income Equity Rating B Style Blend Risk Level Medium Load Status Front End RRSP/RRIF Suitability Excellent TFSA Suitability Excellent Manager Stephen Arpin since November 2005 Mark Thomson since May 2007 MER 1.50% Code BTG 875 – Front End Units Minimum Investment $5,000 Analysis: For investors looking for a well managed, conservative portfolio of blue chip companies, this fund is definitely one worth considering. The team at Beutel Goodman uses a disciplined...
read moreBonaVista Global Balanced Fund
Fund Company Phillips, Hager & North Investment Management Fund Type Canadian Equity Balanced Rating C Style Blend Risk Level Medium Load Status No Load / Optional RRSP/RRIF Suitability Good TFSA Suitability Good Manager Terry Bacinello since June 2006 MER 1.33% Code PHN 800 – No Load Units PHN 6800 – Front End Units PHN 4800 – Low Load Units Minimum Investment $5,000 Analysis: With a name like BonaVista Global Balanced, one would expect a fund with a go anywhere mandate that is well diversified around the globe. Unfortunately,...
read moreScotia Canadian Tactical Asset Allocation Fund
Fund Company Scotia Asset Management Fund Type Tactical Balanced Rating C Style Blend Risk Level Medium Load Status No Load / Optional RRSP/RRIF Suitability Fair TFSA Suitability Fair Manager Larry Lunn since January 2004 MER 2.07% Investor Series, 2.61% Advisor Series Code BNS 371 – No Load Units BNS 771 – Front End Units BNS 971 – DSC Units Minimum Investment $1,000 Analysis: Using an active management process, Larry Lunn, of Connor Clark & Lunn Investment Management, sets the asset mix of this fund based on his firm’s...
read morePH&N Balanced Fund
Fund Company Phillips, Hager & North Investment Management Fund Type Canadian Neutral Balanced Rating D Style Blend Risk Level Medium Load Status No Load / Optional RRSP/RRIF Suitability Good TFSA Suitability Good Manager PH&N Management Team MER 0.90% – Series D 2.03% – Advisor Series Code PHN 350 – No Load Units PHN 6350 – Front End Units PHN 4350 – Low Load Units Minimum Investment $5,000 Series D, $500 Advisor Series Analysis: On the surface, the PH&N Balanced Fund is pretty standard, targeting an asset mix of...
read moreTempleton Global Smaller Companies
Martin Cobb took over the management duties of this fund in March 2011 after longtime manager Brad Radin left the firm. In managing the fund, they follow a multi step, bottom up, value focused process that looks to identify undervalued companies that have a market cap of less than $2.5 billion.
read moreAston Hill Growth & Income Fund
The Aston Hill Growth & Income Fund is listed as an alternative strategies fund, but is actually a traditional mutual fund. In reality, it’s more a global neutral balanced fund that can engage in a bit of shorting and derivatives, which gives it that alternative strategies flavour.
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