Investment objective

To achieve long-term capital growth by investing primarily in a diversified portfolio of common stocks in companies in the world's largest industrialized countries outside North America, including countries in Europe and the Far East, including Japan and Australia. This Fund is different from the Global Equity Fund because the primary focus of its investments does not include companies in the United States.

  • Fund Category International Equity Funds
  • Inception Date Feb 28, 2022
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Fund details

Series
Currency
Fund code
MER * (%)
F USD 5411 0.99%

Portfolio analysis As of Jun 30, 2025

99% 1%
Equity Fixed Income

Asset mix

Equity Sector Allocation
Financials25.3%
Industrials19.1%
Health Care14.7%
Consumer Discretionary11.4%
Information Technology10.3%
Consumer Staples5.7%
Materials4.7%
Utilities3.5%
Energy3.1%
Communication Services2.6%
Unclassified-0.1%
Top 10 Holdings
% Assets
Safran SA 5.2%
DBS Group Holdings Ltd 4.2%
Erste Group Bank AG 4.2%
Recruit Holdings Co Ltd 4.1%
InterContinental Hotels Group PLC 4.0%
SAP SE 3.9%
Mitsubishi Electric Corp 3.8%
Unilever PLC 3.8%
Intesa Sanpaolo SpA 3.6%
London Stock Exchange Group PLC 3.5%
Total % of Top 10 Holdings 40.3%

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
2.0 10.9 12.1 12.9 8.8 - - 2.5 Fund

Distribution ($)/unit

YTD* 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Total distributions 0.00 0.22 0.28 0.15 --- --- --- --- --- --- ---
Interest --- 0.00 0.00 0.00 --- --- --- --- --- --- ---
Canadian dividends --- --- --- --- --- --- --- --- --- --- ---
Foreign dividends --- 0.25 0.30 0.16 --- --- --- --- --- --- ---
Foreign taxes paid --- -0.03 -0.02 -0.01 --- --- --- --- --- --- ---
Capital gains --- --- --- --- --- --- --- --- --- --- ---
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.