A concentrated collection of quality Canadian businesses that have the potential to grow their value

EdgePoint Canadian Portfolio
Overview
Historical prices
Investment results
Calendar year returns
Distributions
Materials
Investment approach
The Portfolio seeks to provide long-term capital appreciation by investing primarily in Canadian companies that have strong competitive positions, long-term growth prospects run by strong management teams.

The portfolio management team acquires ownership stakes at prices below their assessment of the company’s true value.The Portfolio may also invest in foreign securities which will not typically exceed 10% of the net assets of the Portfolio at the time of purchase.

Learn more about our investment approach
Top 10 holdings
As at August 29, 2014
Company
Portfolio %
6.07%
5.22%
5.09%
5.03%
4.61%
4.39%
4.26%
4.17%
4.00%
3.92%
Total
46.77%
Sector allocation
As at August 29, 2014
Sector
Portfolio (%)
Energy
20.74%
Insurance
12.09%
Banks
11.27%
Cash and other net assets
11.10%
Diversified Financials
9.69%
Consumer Discretionary
8.19%
Information Technology
6.97%
Real Estate
5.93%
Industrials
5.49%
Materials
5.21%
Health Care
2.96%
Consumer Staples
0.34%
Total
100.00%
Portfolio information
For the quarter ended June 30, 2014
Start date
November 17, 2008
Start date (non-HST series)
August 3, 2010
Total assets
$701 million
Category
Canadian Equity
Minimum investment
$15,000
Market cap†
$20.3 billion
Number of holdings
49
Distributions
Annual
Risk profile
†weighted average in C$, excluding fixed income and cash
Fees & fund codes
Series Sales charge option Fund code Management fee MER TER
XManagement fee:
This component of the MER is what you pay us and your financial advisor for investment and financial services.
XMER:
A management expense ratio (MER) is what you pay to own a mutual fund. This fee compensates EdgePoint and your financial advisor for a range of services including operational costs and taxes. It's not charged directly to you but deducted from your investment returns.
XTER:
The trading expense ratio (TER) represents the trading expenses incurred by the Portfolio. These expenses aren't included in the MER but they're still costs borne by the investor and reduce returns. The total cost of ownership is the sum of the MER plus the TER.
A FE EDG108 1.80% 2.23% 0.06%
XFE = Front end:
A negotiated sales charge between 0% – 5% paid to your financial advisor at the time of purchase and deducted from the amount you buy.
A(N), non HST FE EDG1081 1.80% 2.06% 0.06%
XFE = Front end:
A negotiated sales charge between 0% – 5% paid to your financial advisor at the time of purchase and deducted from the amount you buy.
B LL EDG308 2.00% 2.47% 0.06%
XLL = Low load:
When you buy Series B units, you don't pay a sales charge at the time of purchase but you have to pay a redemption fee if you redeem within three years of your purchase date.
Redemption fee schedule
  • Within 1st year: 3%
  • 2nd year: 2.5%
  • 3rd year: 2.0%
  • Thereafter: 0%
B(N), non HST LL EDG3081 2.00% 2.30% 0.06%
XLL = Low load:
When you buy Series B units, you don't pay a sales charge at the time of purchase but you have to pay a redemption fee if you redeem within three years of your purchase date.
Redemption fee schedule
  • Within 1st year: 3%
  • 2nd year: 2.5%
  • 3rd year: 2.0%
  • Thereafter: 0%
F FB/ AF EDG508/608 0.80% 1.06% 0.06%
XFB = Fee based:
There are no sales charges for Series F units. This series is available only if you have a fee-based arrangement with your financial advisor.

AF = Advisory fee:
You negotiate and pay your representative’s firm an investment advisory fee for the on-going advice you receive. The fee may be paid by redeeming some of the units you own of the Fund on a quarterly basis.
F(N), non HST FB/ AF EDG5081/6081 0.80% 0.98% 0.06%
XFE = Fee based:
There are no sales charges for Series F units. This series is available only if you have a fee-based arrangement with your financial advisor.

AF = Advisory fee:
You negotiate and pay your representative’s firm an investment advisory fee for the on-going advice you receive. The fee may be paid by redeeming some of the units you own of the Fund on a quarterly basis.


Non-HST series are available only to investors in non-HST participating provinces.
EdgePoint of view
Sector breakdown: Provided only because the industry feels it helps explain portfolio diversification and risk. We believe risk is best managed by diversifying by business idea rather than using traditional sector allocations.

Risk profile: Risk is typically defined as standard deviation or volatility compared to an index. While we follow this methodology due to regulatory requirements and classify the Portfolio risk as moderate, we view real risk as the potential for a permanent loss of capital. By this measure, we believe portfolio risk is further reduced.

Taxes: Outside of the management fee, taxes are the biggest component of the Portfolio’s management expense ratio (MER).

Low-cost operation: By having higher minimum investment requirements, a focused product offering and no expensive marketing campaigns, we’re able to pass on savings to our investors through lower MERs, ultimately resulting in higher investment returns.

Portfolio: We use “portfolio” rather than “fund” because we believe this better represents the diversification our products offer.

Alignment: EdgePoint employees are among our largest investors.

Want to learn more about what you pay? We believe fees matter and so should you. Learn more about EdgePoint Canadian’s MERs.

You need a regular source of income but want to stay invested to continue growing your savings. SWPs are designed to meet both of these objectives and offer a host of other attractive features.

Series Closing price $ daily change % daily change
A -- -- --
A(N), non HST -- -- --
B -- -- --
B(N), non HST -- -- --
F -- -- --
F(N), non HST -- -- --

We measure investment success over periods of ten years or more and believe it takes considerable skill to consistently add value over the long term.  As such, we place little value in the short-term investment results shown.

Calendar year performance during the year of inception is from inception date to the end of the year.

Series YTD 1-year 3-year 5-year Since inception Inception date
A -- -- -- -- -- November 17, 2008
A(N), non HST -- -- -- -- -- August 3, 2010
B -- -- -- -- -- November 17, 2008
B(N), non HST -- -- -- -- -- August 3, 2010
F -- -- -- -- -- November 17, 2008
F(N), non HST -- -- -- -- -- August 3, 2010
Total returns in C$. Returns greater than one year are annualized.

We measure investment success over periods of ten years or more and believe it takes considerable skill to consistently add value over the long term.  As such, we place little value in the short-term investment results shown.

Calendar year performance during the year of inception is from inception date to the end of the year.

Series 2013 2012 2011 2010 2009 2008 Inception date
A 26.27% 8.85% -7.80% 16.56% 50.21% 4.85% November 17, 2008
A(N), non HST 26.48% 9.03% -7.63% 12.98% -- -- August 3, 2010
B 25.96% 8.60% -8.02% 16.33% 49.94% 4.54% November 17, 2008
B(N), non HST 26.17% 8.78% -7.86% 12.93% -- -- August 3, 2010
F 27.76% 10.13% -6.67% 17.87% 52.06% 4.67% November 17, 2008
F(N), non HST 27.85% 10.21% -6.62% 13.47% -- -- August 3, 2010

Throughout the year, EdgePoint Canadian receives dividends from Canadian and foreign stocks, and capital gains when securities are sold at a profit. Income and capital gains are paid out to investors in cash or reinvested in additional units at their discretion.

EdgePoint Canadian pays annual distributions in December.

Income Capital gains Total
Supplementary material
EDGE Facts
Quarterly snapshot of the Portfolio’s holdings and performance.
Market cap information
Market capitalization breakdown of the Portfolio’s holdings.
Portfolio commentary
Latest quarterly update from the Investment team.
Regulatory documents
Quarterly portfolio disclosure
The Portfolio’s top 25 holdings. 
Fund Facts
Highlights key information about the Portfolio, including fees and risks.
Financial statements
Summary of the Portfolio’s financial activities published twice annually
MRFP
Management Report of Fund Performance published twice annually.
Proxy voting record
How we exercised our vote on corporate matters related to the Portfolio’s holdings.