Below are a few of our recent fund updates. Log in or subscribe to see all of them.
Changes at CI Harbour
Harbour Managers switch up duties, create much needed succession plan Over the years, one portfolio management team that has consistently been at or near the top of our list of favourites has been the group at Harbour Global Advisors. Formed in 1997 by Gerry Coleman and Stephen Jenkins, Harbour managed funds tend to be low turnover, high conviction portfolios made up of high quality, best of breed companies that over the long term deliver strong risk adjusted returns with below average levels of volatility. Investors and advisors alike seem...
read moreIA Clarington Canadian Small Cap Fund
This Canadian small / mid cap equity fund has been managed by the team of Ian Cooke and Joe Jugovic at QV Investors since 2008. The QV in the name stands for quality and value, which is how they evaluate stocks.
read moreBrandes U.S. Small Cap Fund
Managed by the Brandes Investment Committee using a bottom up, Graham and Dodd, value focused approach, this U.S. focused small / mid cap fund is looking to build a diversified portfolio of businesses that are trading below their estimate of true value. As of September 30, the fund held 56 names with the top ten making up just under 30% of the fund.
read moreBMG Bullion Fund
The BMG Bullion Fund is the granddaddy of all the bullion funds in Canada, having been launched more than four years earlier than any of its competitors. It was the first fund that allowed for small retail investors to invest directly in the physical gold and precious metals rather than in the stocks of companies involved in the precious metals production.
read moreSentry Precious Metals Growth Fund
Before you invest in the Sentry Precious Metals Growth Fund, you should be required to take a physical to test your body’s reaction to stress, because this is easily one of the most volatile funds in the country. It has a monthly standard deviation that is more than twice the volatility of the broader equity markets and is the highest in the precious metals category.
read moreDynamic Strategic Yield Fund
This go anywhere balanced fund, managed by the team of Oscar Belaiche and Michael McHugh, invests in a mix of stocks and bonds with the objective of generating a total return that is a mix of yield and long term capital growth. It has no restrictions on market capitalization, industry sector or geographic mix.
read moreDynamic Small Business Fund
Industry magazine the Investment Executive recently named Oscar Belaiche the 2012 Fund Manager of the Year, based on his performance with the Dynamic Small Business Fund. The fund invests in small cap equity securities including business trusts, royalty trusts and REITs. The focus is on companies with a market cap of less than $3.5 billion.
read moreMackenzie Saxon Dividend Income Fund
This former income trust fund, which until March 2011 was known as the Mackenzie Saxon High Income Fund, is now an all cap Canadian dividend fund. It is managed using a very consistent style that is a pure bottom up, statistically grounded, and value oriented when evaluating opportunities. Like all value managers, they look for companies that are trading for less than their estimate of fair market value. In addition, any investment candidate must have a healthy balance sheet and pay a regular distribution.
read moreRenaissance Global Health Care Fund
In October of this year, it was announced that long serving manager, Ed Owens was retiring at the end of 2012. When Mr. Owens finally steps aside after 38 years in the investment business, he will be handing the reins of the fund over to Jean Hynes, who has co-managed the fund for a number of years. She will continue to be supported by Wellington’s team of health care investment professionals that includes four global industry analysts, most of whom have been working on the fund for the past 12 years.
read moreFidelity Canadian Disciplined Equity
This fund follows a very interesting idea where it is designed to replicate the sector weightings of the S&P/TSX Composite Index, yet at the same time allowing the managers to use active stock selection to add additional return for investors. Despite its resemblance to the index from a sector point of view, it is much different at the security level.
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