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.
Investment Team
Tye Bousada, CFA
Ted Chisholm
Geoff MacDonald, CFA
Frank Mullen, CFA
| 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 RESPs are not offered at this time.
| Series A Units |
FE |
EDG188 |
2.09% |
1.70% |
|
| Series A(N) Units (non-HST) |
FE |
EDG1881 |
2.02% |
1.70% |
|
| Series B Units |
LL |
EDG388 |
2.33% |
1.90% |
3.0%, 2.5%, 2.0% |
| Series B(N) Units (non-HST) |
LL |
EDG3881 |
2.27% |
1.90% |
3.0%, 2.5%, 2.0% |
| Series F Units |
n/a |
EDG588 |
0.94% |
0.70% |
|
| Series F(N) Units (non-HST) |
n/a |
EDG5881 |
0.91% |
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 December 31, 2011 |
| Sector Allocation |
As at December 31, 2011 |
| Corporate Bonds |
26.65% |
| Energy |
12.39% |
| Banks |
9.19% |
| Information Technology |
7.67% |
| Insurance |
7.23% |
| Cash and Other Net Assets |
6.33% |
| Industrials |
6.21% |
| Consumer Discretionary |
5.40% |
| Health Care |
4.97% |
| Real Estate |
3.88% |
| Diversified Financials |
3.61% |
| Consumer Staples |
3.55% |
| Media |
2.02% |
| Materials |
0.91% |
| Total |
100.00% |
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 Wealth Management Inc.