Investment objective

To provide long-term capital growth. The fund invests primarily in equity securities of European mid-cap companies. The fund provides exposure to growth opportunities in the European economy and diversification benefits beyond North America.

  • Fund Category International Equity Funds
  • Inception Date Sep 26, 2016
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Fund details

Series
Currency
Fund code
MER * (%)
F CAD 35152 1.00%

Portfolio analysis As of Aug 31, 2025

98% 2%
Equity Fixed Income

Asset mix

Equity Sector Allocation
Financials26.6%
Industrials25.5%
Communication Services8.6%
Health Care8.4%
Consumer Discretionary7.0%
Materials6.0%
Information Technology4.6%
Energy4.4%
Consumer Staples3.8%
Utilities3.4%
Real Estate1.7%
Top 10 Holdings
% Assets
NN Group NV 3.7%
Aviva PLC 2.4%
Swiss Life Holding AG 2.4%
Galderma Group AG 2.4%
Commerzbank AG 2.2%
Sandoz Group AG 2.0%
Banco de Sabadell SA 2.0%
Halma PLC 2.0%
Cranswick PLC 2.0%
Bank of Ireland Group PLC 2.0%
Total % of Top 10 Holdings 23.1%

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
2.7 2.2 13.2 13.3 18.0 4.7 - 7.5 Fund

Distribution ($)/unit

YTD* 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Total distributions 0.00 0.25 0.24 0.39 0.13 0.77 0.24 --- --- --- ---
Interest --- 0.02 0.01 0.00 0.00 0.00 0.00 --- --- --- ---
Canadian dividends --- --- --- --- --- --- --- --- --- --- ---
Foreign dividends --- 0.26 0.26 0.42 0.14 0.07 0.16 --- --- --- ---
Foreign taxes paid --- -0.03 -0.03 -0.03 -0.02 -0.01 -0.01 --- --- --- ---
Capital gains --- --- --- --- --- 0.72 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.