Investment objective

To provide long-term capital growth. The fund invests primarily in equity securities of U.S. small-cap companies that are deemed to be undervalued in order to provide broad exposure to economic growth opportunities in the equity markets.

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Fund details

Series
Currency
Fund code
MER * (%)
F CAD 35069 0.96%

Portfolio analysis As of Aug 31, 2025

99% 1%
Equity Fixed Income

Asset mix

Equity Sector Allocation
Financials24.7%
Industrials20.1%
Consumer Discretionary11.8%
Real Estate8.9%
Health Care8.0%
Information Technology7.0%
Energy4.6%
Unclassified4.3%
Materials4.1%
Utilities3.1%
Communication Services2.0%
Consumer Staples1.3%
Top 10 Holdings
% Assets
iShares Russell 2000 Value ETF 4.3%
Barrett Business Services Inc 3.2%
Cheesecake Factory Inc 2.9%
Wintrust Financial Corp 2.6%
Pinnacle Financial Partners Inc 2.6%
Gates Industrial Corp PLC 2.4%
Ducommun Inc 2.3%
Group 1 Automotive Inc 2.2%
Stock Yards Bancorp Inc 2.1%
Patrick Industries Inc 2.1%
Total % of Top 10 Holdings 26.7%

Geographic allocation

Region

Performance analysis

Growth of $10,000 since inception

Calendar returns

Trailing return

1 Mth 3 Mth 6 Mth 1 year 3 years 5 years 10 years Since Inception
-0.7 6.9 3.9 0.4 10.3 11.7 7.3 7.1 Fund

Distribution ($)/unit

YTD* 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Total distributions 0.00 0.44 0.46 1.06 0.47 0.14 0.15 0.62 0.05 0.16 0.10
Interest --- 0.00 0.00 0.00 0.01 0.02 0.03 0.01 0.00 --- ---
Canadian dividends --- --- --- --- --- --- --- --- --- --- ---
Foreign dividends --- 0.17 0.20 0.12 0.18 0.13 0.14 0.13 0.07 0.06 ---
Foreign taxes paid --- -0.03 -0.03 -0.02 -0.03 -0.02 -0.02 -0.02 -0.01 -0.01 ---
Capital gains --- 0.29 0.29 0.95 0.31 --- --- 0.50 --- 0.11 0.10
Return of capital --- --- --- --- --- --- --- --- --- --- ---

* MER (%) is based on actual expenses for the preceding calendar year or most recent half-year period ended June 30 expressed on an annualized basis, depending on availability of date at the time of publication.