Fund Facts

Fund Inception Date:

August 26, 2013


Fund Assets:

(Includes Registered and Tax Managed Funds, all series, and all Tax Classes)

$102,029,846


Management Fee:

 

2.00%

View Fee Chart

Portfolio Sub-Advisor:

 

Portfolio Managers:
Charles Lannon, CFA 
Arthur Heinmaa, CFA


 
 

The FundGrade™ A+ Award is used with permission from Fundata Canada Inc., all rights reserved. The annual FundGrade A+ Awards are presented by Fundata Canada Inc. to recognize the “best of the best” among Canadian investment funds. The FundGrade A+ calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio, and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then weighted equally in calculating a monthly FundGrade. The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+ uses a GPA-style calculation, where each monthly FundGrade from “A” to “E” receives a score from 4 to 0, respectively. A fund’s average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded an FundGrade™ A+ Award. For more information, see www.FundGradeAwards.com. Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata.

 
 
 

Investment Objective

  • The Fund seeks to provide long term capital growth primarily through investment in a diversified portfolio of global equity securities 

You Should Invest in this Fund if...

  • You are seeking a long term capital growth from your investment and are comfortable with the risks associated with equity investments.
  • You are seeking exposure to global equities
  • You have a medium tolerance for risk

Volatility Classification

Low   Medium   High

 


Equity Style and Capitalization Overview

  Growth Blend Value
Small      
Mid      
Large      

Investment Strategies

  • Cidel Asset Management (the “Sub-Advisor”) seeks to invest in companies with attractive cash flow and valuation profiles, a track record of returning rising levels of cash flow to shareholders and identifiable growth opportunities 
  • The Sub-Advisor follows security selection process consisting of company screening, bottom up fundamental research/valuation and a final decision making phase based on perceived margin of safety and portfolio and risk management considerations
  • The portfolio is expected to typically consist of 30 to 40 global equity holdings primarily from developed countries but may include holdings from developing countries

Prices & Performance


Performance [ as of April 30, 2017 1, 2 ]

Tax Class Series 1 mo. 3 mo. 6 mo. CYTD 1 yr. 3 yr. 5 yr. 10 yr. *Since
Inception
Compound Growth Class FE/DSC5.9 11.8 10.4 11.2 15.9 12.0 -- -- 13.2
Dividend Tax Credit Class FE/DSC6.0 11.9 10.3 11.3 15.9 12.2 -- -- 13.3
Return of Capital Class FE/DSC6.0 11.9 10.3 11.3 16.0 12.2 -- -- 13.3
Capital Gain Class FE/DSC6.0 11.9 10.3 11.3 15.9 12.2 -- -- 13.3
Benchmark - MSCI World Index ($CAD)  4.1 10.5 14.3 9.8 24.8 13.7 -- -- 16.3

Prices (Regular Series)

Tax Class Fund CodesNAVPU
as of
Daily Change Weekly ChangeTax Class Summary
  Front EndBack End 05/24/2017 % $ % $  
Capital Gains Class NXG5121NXG5127$11.4885 -0.3997 -0.0461 -0.2483 -0.0286
Compound Growth Class NXG5141NXG5147$15.9779 -0.4002 -0.0642 -0.2522 -0.0404
Return of Capital Class 40 NXG5181NXG5187$13.6824 -0.4004 -0.055 -0.2486 -0.0341
Dividend Tax Credit Class 40 NXG5191NXG5197$13.6972 -0.3999 -0.055 -0.2491 -0.0342

Holdings & Stats

Top 25 Holdings [ as of April 30 ]

Name Country Sector % of total holdings Market Value
CINEWORLD GROUP PLC UNITED KINGDOM CONSUMER DISCRETIONARY 3.80% 3,723,976
HEINEKEN NV NETHERLANDS CONSUMER STAPLES 3.60% 3,592,258
KONINKLIJKE PHILIPS NV NETHERLANDS INDUSTRIALS 3.50% 3,492,477
ACCOR SA FRANCE CONSUMER DISCRETIONARY 3.50% 3,475,855
TECHTRONIC INDUSTRIES CO LTD HONG KONG CONSUMER DISCRETIONARY 3.40% 3,387,954
UNITED OVERSEAS BANK LTD SINGAPORE FINANCIALS 3.40% 3,361,268
SQUARE ENIX HOLDINGS CO LTD JAPAN INFORMATION TECHNOLOGY 3.40% 3,359,867
ATKINS (WS) PLC UNITED KINGDOM INDUSTRIALS 3.30% 3,275,229
ZOETIS INC UNITED STATES HEALTH CARE 3.30% 3,242,809
MICROSOFT CORP UNITED STATES INFORMATION TECHNOLOGY 3.30% 3,211,361
COMFORTDELGRO CORP LTD SINGAPORE INDUSTRIALS 3.20% 3,132,186
TAIWAN SEMICONDUCTOR SP ADR TAIWAN INFORMATION TECHNOLOGY 3.20% 3,122,783
OLYMPUS CORP JAPAN HEALTH CARE 3.20% 3,113,060
CASH & EQUIVALENTS? CASH & EQUIVALENTS CASH & EQUIVALENTS? 3.10% 3,107,024
TELENOR ASA NORWAY TELECOMMUNICATION SERVICES 3.10% 3,088,915
OCCIDENTAL PETROLEUM CORP UNITED STATES ENERGY 3.10% 3,083,410
DENTSPLY SIRONA INC UNITED STATES HEALTH CARE 3.10% 3,032,190
DEERE + CO UNITED STATES INDUSTRIALS 3.00% 2,955,628
JOHNSON + JOHNSON UNITED STATES HEALTH CARE 3.00% 2,927,121
KDDI CORP JAPAN TELECOMMUNICATION SERVICES 2.90% 2,897,935
MID AMERICA APARTMENT COMM UNITED STATES REAL ESTATE 2.90% 2,888,285
US BANCORP UNITED STATES FINANCIALS 2.90% 2,863,156
RAYTHEON COMPANY UNITED STATES INDUSTRIALS 2.90% 2,813,839
NEXTERA ENERGY INC UNITED STATES UTILITIES 2.80% 2,750,113
ROSS STORES INC UNITED STATES CONSUMER DISCRETIONARY 2.80% 2,725,228
Total Displayed     79.70% 78,623,928
Total Holdings       98,650,882

Portfolio Sector Allocation
[ as of April 30** ]

INDUSTRIALS 20.10%
HEALTH CARE 14.00%
CONSUMER DISCRETIONARY 13.50%
FINANCIALS 11.20%
INFORMATION TECHNOLOGY 9.80%
CONSUMER STAPLES 7.40%
TELECOMMUNICATION SERVICES 6.10%
UTILITIES 5.20%
ENERGY 4.50%
CASH & EQUIVALENTS? 3.10%
REAL ESTATE 2.90%
MATERIALS 2.20%
TOTAL 100.00%

Portfolio Geographic Allocation
[ as of April 30 ]

UNITED STATES 37.40%
JAPAN 9.50%
NETHERLANDS 7.20%
UNITED KINGDOM 7.10%
SINGAPORE 6.60%
HONG KONG 5.80%
AUSTRALIA 3.90%
FRANCE 3.50%
TAIWAN 3.20%
NORWAY 3.10%
CASH & EQUIVALENTS 3.10%
BERMUDA 2.70%
IRELAND 2.50%
SWEDEN 2.30%
TOTAL 100.00%

** The Portfolio Sector Asset Allocations and Total Percentage Displayed in Top Holdings do not include non-cash working capital.