Recent Fund Updates

Below are a few of our recent fund updates. Log in or subscribe to see all of them.

Mackenzie Universal Emerging Markets Class

Posted by on Feb 5, 2013 in Mutual Fund Updates | 0 comments

Austin Forey of JP Morgan has managed this fund since September 2005 using a growth focused, bottom up approach. He favours high quality companies with strong balance sheets, have the ability to create sustainable value, and are trading at a valuation level that is reasonable based on its growth prospects.

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CIBC Monthly Income Fund

Posted by on Feb 5, 2013 in Mutual Fund Updates | 0 comments

On January 18, 2013, it was announced that long serving manager David Graham was stepping down from his portfolio manager duties because of illness. He was replaced by Colum McKinley who has been with the firm since May 2010 and has been managing money since 1999. Craig Jerusalim, who has worked closely with David Graham since 2007, remains on the fund.

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Fidelity Canadian Large Cap Fund

Posted by on Feb 4, 2013 in Mutual Fund Updates | 0 comments

Managed by Daniel Dupont since March 2011, this Canadian focused equity fund has been one of our favourites. It is managed using a bottom up, fundamentally driven, value focused stock selection process. Mr. Dupont is looking to buy strong, well managed companies that have unrealized growth potential that are trading at a significant discount. An ideal investment candidate has a sustainable business model and is expected to deliver high return on capital. The upside potential is carefully considered with the downside risk.

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Fidelity American Disciplined Equity Fund

Posted by on Feb 4, 2013 in Mutual Fund Updates | 0 comments

This is a U.S. equity fund that is managed using a “sector neutral approach”. The managers will keep the broader sector mix roughly in line with the S&P 500, but will use Pyramis U.S. research capability to find what they believe to be the best investment opportunities. The fund’s manager Young Chin oversees the Pyramis U.S. equity research team who contribute the ideas to the fund.

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Steadyhand Small Cap Equity Fund

Posted by on Feb 4, 2013 in Mutual Fund Updates | 0 comments

As the name suggests, the Steadyhand Small Cap Equity Fund invests in a portfolio of small and mid cap companies. Manager Wil Wutherich uses a bottom up, growth tilted approach to build a concentrated portfolio that looks nothing like the fund’s index. When he invests, he doesn’t feel that he is simply buying a stock. Instead, he believes he is buying a company.

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Steadyhand Income Fund

Posted by on Feb 4, 2013 in Mutual Fund Updates | 0 comments

Let’s just cut right to the chase. We like this fund – a lot! Looking under the hood, it is not hard to see why. It offers investors a good alternative to a traditional bond fund with its target asset mix of 75% bonds and 25% high yielding dividend paying stocks and REITs. As of December 31, it was 69% in bonds, 23% in equity and 8% in REITs.

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Steadyhand Global Equity Fund

Posted by on Feb 4, 2013 in Mutual Fund Updates | 0 comments

This global equity fund managed by Edinburgh Partners looks to identify and buy undervalued companies, and have the patience to hold them until share prices reflect their long-term earnings potential. To do this, they use a multi step process that first eliminates those companies that are overvalued compared to their growth prospects. Next, they conduct a detailed fundamental analysis on potential investment candidates that uses a standardized approach that reviews five year historic and five year forecasted data to determine the best and worst case scenarios for each company.

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Cambridge Canadian Stock Fund

Posted by on Feb 1, 2013 in Mutual Fund Updates | 0 comments

In mid December 2012, Boston based Cambridge Advisors took over the management duties of the fund after the resignation of the former managers, Barometer Capital. At the same time, the fund’s name was changed from the Lakeview Disciplined Leadership Canadian Equity Fund to the Cambridge Canadian Stock Fund.

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Cambridge High Income Fund

Posted by on Feb 1, 2013 in Mutual Fund Updates | 0 comments

In mid December 2012, Boston based Cambridge Advisors took over the management duties of the fund after the resignation of the former managers, Barometer Capital. At the same time, the fund’s name was changed from the Lakeview Disciplined Leadership High Income Fund to the Cambridge High Income Fund.

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CI Harbour Fund

Posted by on Feb 1, 2013 in Mutual Fund Updates | 0 comments

With more than $6 billion invested in the mandate, the CI Harbour Fund is easily considered the flagship fund for the Harbour Advisors Group. Since its 1997 launch, the fund has been managed by respected industry veteran, Gerry Coleman. However in December, at Mr. Coleman’s request, portfolio duties were reassigned to Stephen Jenkins who will take on the lead manager role. He was also promoted to Co Chief Investment Officer of the firm.

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