EdgePoint Canadian Growth & Income Portfolio

Investment Approach

The Portfolio seeks to provide long-term capital appreciation and income generation by investing primarily in Canadian equity and fixed-income securities. The portfolio management team looks for companies with strong competitive positions, long-term growth prospects and strong management teams and acquires ownership stakes in these companies at prices below their assessment of the company’s true value. The fixed-income approach includes an analysis of macro-economic factors affecting economic growth such as interest rates and monetary fiscal policy and also focuses on credit analysis to uncover relative value opportunities within specific sectors as well as across different sectors of the market.

The Portfolio may also invest in foreign securities. Foreign securities are not typically expected to exceed 10% of the net assets of the Portfolio at the time of purchase.

Portfolio Managers

Tye Bousada, CFA & Geoff MacDonald, CFA

Portfolio Details
Fund Category Canadian Equity Balanced
Inception Date November, 17, 2008
Registered Plan Status* Units are qualified for: RRSP’s, RRIF’s, RDSP’s, RESP’s, DPSP’s, and TFSA’s

*client name RESP’s, locked-in Plans and TFSA’s are not offered at this time

  Type Fund Code Mgmt Fee Redemption Fee Year 1, Year 2, Year 3
Series A Units FE EDG188 1.70%  
Series A(N) Units (non-HST) FE EDG1881 1.70%  
Series B Units LL EDG388 1.90% 3.0%, 2.5%, 2.0%
Series B(N) Units (non-HST) LL EDG3881 1.90% 3.0%, 2.5%, 2.0%
Series F Units n/a EDG588 0.70%  
Series F(N) Units (non-HST) n/a EDG5881 0.70%  

FE = Front End sales charge, LL = Low Load

(N) non-HST units are available only to investors residing in non-HST participating provinces and territories

Top 10 Holdings As at July 31, 2010
Company Fund (%)
1.   Research in Motion 4.35%
2.   Tim Hortons Inc. 3.98%
3.   Onex Corp. 3.51%
4.   Bank of Nova Scotia 3.49%
5.   Thomson Reuters Corp. 3.31%
6.   Shoppers Drug Mart Corp. 2.99%
7.   Toronto-Dominion Bank 2.64%
8.   ATS Automation Tooling Systems Inc. 2.61%
9.   Royal Bank of Canada 2.24%
10. Calfrac Well Services Ltd. 2.21%
       % of Portfolio 31.33%
Sector Allocation As at July 31, 2010
Sector Fund (%)
Corporate Bonds 27.23%
Energy 11.17%
Banks 10.30%
Information Technology 10.06%
Media 6.82%
Industrials 6.54%
Insurance 5.62%
Consumer Discretionary 5.35%
Diversified Financials 3.93%
Cash & Cash Equiv. 3.46%
Consumer Staples 2.99%
Utilities 2.67%
Health Care 1.96%
Materials 1.90%
  100%

media companies shown separately

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. This is not an offer to purchase. Mutual funds can only be purchased through a registered Dealer. Copies are available from your financial advisor or from our website at www.edgepointwealth.com.

This document is not intended to provide legal, accounting, tax or specific investment advice. Information contained in this document was obtained from sources believed to be reliable; however EdgePoint Wealth Management does not assume any responsibility for losses, whether direct, special or consequential, that arise out of the use of this information. Portfolio holdings are subject to change. EdgePoint mutual funds are managed by EdgePoint Investment Management Inc., a related party of EdgePoint Wealth Management Inc.