Below are a few of our recent fund updates. Log in or subscribe to see all of them.
Northwest U.S. Equity Fund
Richard Fogler, manager of the fund uses an approach known as Economic Value Added to evaluate potential investments. The objective of the complicated analytical process is to identify companies that consistently add shareholder value, thereby improving the price of their stock. Essentially, Fogler uses this approach to analyze what a company will be worth in the future, and buys stocks in the firms with the best potential. If he doesn’t see the potential for 40% to 50% growth within two years, the stock doesn’t make the buy list.
read moreMackenzie Ivy Enterprise Fund
Like other funds in the Ivy family, this north American focused small / mid cap fund is less volatile than other funds in the category. The manager looks to preserve capital and provide the opportunity for capital growth over the long term by investing in North American small and mid cap funds. There are no fixed sector allocations or cash weightings.
read moreEdgePoint Global Portfolio
Having worked together for a number of years at Invesco, Tye Bousada and Geoff Wilson formed EdgePoint in 2008. At EdgePoint, the investment philosophy is very simple – business people buying businesses. In managing their funds, they look to buy high quality companies that are trading at prices below their estimate of their true worth. They employ a fundamentally driven, bottom up investment process that is based on the old Trimark approach.
read moreBMO Guardian Monthly High Income II
Since our last review, there have been no changes to the management team or the investment process used on the fund. It remains a well diversified, dividend focused portfolio, holding approximately 60 positions, with the top 10 making up 35% of the fund.
read moreTD Canadian Bond Fund
The TD Canadian Bond Fund has been one of our favourites for the better part of a decade. Looking at the performance, it’s not hard to see why. It has historically been one of the best performing bond funds in the country, consistently finishing in the first or second quartile, on both an absolute and risk adjusted basis.
read moreTrimark Fund
On April 17, we had the opportunity to meet with Michael Hatcher, Jeff Feng and Darren McKiernan, the new management team of the Trimark Fund. They have worked together for the past nine years, first at Burgundy Asset Management and now at Invesco.
read moreGBC Growth & Income Fund
The GBC Growth and Income Fund is an equity focused balanced fund that takes a strategic approach to asset management in an effort to provide consistent investment income and long term capital growth.
The asset mix is set at approximately 30% fixed income and 70% equity. The fixed income exposure is typically obtained by holding units of the GBC Canadian Bond Fund, while the equity exposure is gained by direct investment in stocks.
read moreManulife Global Infrastructure Fund
Craig Noble of Brookfield Investment Management runs this fund using a disciplined, bottom up stock selection process that looks to identify infrastructure related companies that are trading below their intrinsic values.
read moreDynamic Global Infrastructure Fund
Managed by Jason Gibbs, this fund invests in publicly traded companies that hold infrastructure assets directly or are involved in the building or maintenance of these assets. The fund has a go anywhere mandate and can invest in companies of any size. Despite the fund’s recent underperformance, the medium term numbers are impressive.
read moreBMO Global Infrastructure ETF
By far the cheapest infrastructure option available, this ETF is designed to replicate the performance of the Dow Jones Brookfield Global Infrastructure Index, net of expenses. The index focuses on companies that derive at least 70% of their cash flows from infrastructure assets.
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