Fund Details
|
Fund Type: |
US Equity
|
|
Fund Sub Type: |
US Equity
|
|
RRSP Eligibility:
|
Hold
|
|
Minimum Investment:
|
$
1,000
|
|
Management Fee: |
2.41%
|
|
|
|
Inception Date:
|
July 1998
|
|
|
|
Portfolio Manager: |
Noah Blackstein, Goodman and Company
|
|
|
|
|
|
|
|
Assets: |
$ 129.8 Million
|
|
|
|
Risk Return Characteristics:
|
Average Monthly Return: |
0.07%
|
|
Monthly Standard Deviation: |
6.12%
|
|
|
|
Monthly Value Add to Benchmark:
|
0.30%
|
|
Tracking Error: |
4.32%
|
|
|
|
Sharpe Ratio: |
- 0.02
|
|
Information Ratio: |
0.07
|
|
|
|
Alpha: |
0.34%
|
|
Beta: |
1.17
|
|
|
|
Minimum Monthly Return:
|
-18.92%
|
|
Maximum Monthly Return: |
8.52%
|
|
|
|
Number of Positive Months: |
35
|
|
Chance of Positive Return: |
58.3%
|
|
|
|
Number of Negative Months:
|
25
|
|
Chance of Negative Return:
|
41.7%
|
|
|
|
Minimum Monthly Value Add:
|
-13.04%
|
|
Maximum Monthly Value Add:
|
9.99%
|
|
|
|
Number of Months in excess of Index:
|
39
|
|
Number of Months less than Index:
|
21
|
|
|
|
Chance of beating Index:
|
65.0%
|
|
Chance of not beating Index:
|
35.0%
|
|
|
|
Correlation to TSX: |
56.26%
|
|
Correlation to S&P:
|
71.71%
|
|
Correlation to EAFE
|
62.95%
|
|
Correlation to SCMU: |
- 1.79%
|
|
|
Investment Objective:
To seek long term enhancement of capital primarily by investing in stocks of US businesses in a manner which outperforms the S&P 500. Emphasis is placed on larger and liquid companies with strong earnings momentum.
|
|
| Historical Performance |
July 31, 2010 |
|
|
|
|
|
|
1 Month
|
2.73%
|
|
3.57%
|
5.97%
|
0.46%
|
3 Month
|
0.67%
|
- 3.38% |
- 5.57%
|
- 2.75%
|
3.47%
|
Year to Date
|
9.26%
|
|
- 2.22%
|
- 6.68%
|
4.71%
|
1 Year
|
32.89%
|
11.68% |
8.78%
|
1.95%
|
6.67%
|
2 Year
|
-10.35%
|
- 4.15% |
- 4.25%
|
- 8.58%
|
6.71%
|
3 Year
|
- 8.15% |
- 2.58%
|
- 7.89%
|
-10.83%
|
7.02%
|
5 Year
|
- 1.52%
|
5.18%
|
- 3.57%
|
- 0.86%
|
5.09%
|
10 Year
|
- 3.67%
|
3.46%
|
- 4.35%
|
- 1.72%
|
6.61%
|
|
|
Asset Mix |
As at: April 2010
|
|
|
Cash
|
3.4%
|
Canadian Bonds
|
0.0%
|
Canadian Equity
|
0.0%
|
US Equity
|
96.5%
|
International Equity
|
0.0%
|
Other
|
0.1%
|
|
|
Geographic Breakdown |
As at: April 2010
|
|
|
Canada
|
4.6%
|
US
|
95.4%
|
Europe
|
0.0%
|
Asia
|
0.0%
|
Other
|
0.0%
|
|
Comments/ Analysis:
|
|
|
|
Fund Profile / Additional Fund Info:
|
|
