Fundata #1 2016 Global Equity Fund | Globe Funds 5 Star Rating
The fundamental investment objective of the Fund is to provide income and longer-term capital appreciation by investing primarily in dividend paying equity securities of companies around the world.
The Fund will invest primarily in larger capitalization, global, dividend paying, equity securities.
|Series||Closing price*||$ daily change||% daily change|
*As of June 23, 2017. Note: Calculated and posted by Qwest Investment Fund Management Ltd.
|Series||Inception date||12-Mth Dist’n Yield**||YTD||1-Month||3-Months||6-Months||1-year||Since Inception||Standard Deviation||Active Share***|
*As of May 31, 2017.
- Seeking dividend income and long-term capital growth;
- not concerned with short term price fluctuations;
- planning to hold their investments for the long term; and
- willing to accept a medium level of risk.
The Fund’s portfolio is expected to have lower than average equity market risk and volatility due to:
- the relatively lower risk nature of larger capitalization dividend paying stocks
- downside price support due to relatively higher dividend yield of its stock holdings
- extensive diversification by individual stock, industry, sector and country
- the equity options writing program
First, to ensure an above average distribution yield, the Fund will always hold a diversified portfolio of relatively highyielding, high-quality, large capitalization, global, dividend paying, common equities. The Fund then implements a conservative options writing program around these equity positions to further increase the current income yield relative to the standalone dividend stock portfolio.
Second, the Fund focuses on and invests in those high quality, global, dividend paying, equities that the Portfolio Manager expects to materially grow their dividends in the future. This will translate into a growing income stream generated by the Fund and paid to Fund investors.
Finally, the Portfolio Manager believes that focusing on dividend-paying companies that are expected to materially grow their future dividends will ensure long-term capital appreciation of the portfolio. That is, long-term capital appreciation of the portfolio is a consequence of focusing on attractive “growth of dividend” investments.
Growing income, not fixed income, is the only means of maintaining the purchasing power of your income over the coming years.
DR. JOHN J. SCHMITZ PH.D., CFA
Dr. John Schmitz has been professionally managing global equity and equity derivative investment portfolios for almost 20 years, and prior to that he acted as a consultant to investment firms and funds.
Dr. Schmitz’s expertise is the portfolio management of global equities and global equity derivatives using both highly sophisticated quantitative models as well as traditional fundamental methods. Currently, Dr. Schmitz’s professional focus is on his firm’s global common equity, growth of dividends, investment strategy which is often implemented with an options writing income generating overlay.
Dr. Schmitz holds a BESc (Mechanical Engineering), a BA (Economics) and a DHS (Honors Economics) from the University of Western Ontario, a MA (Economics) from the University of Toronto, and a PhD (Finance) from the Richard Ivey School of Business at the University of Western Ontario. He also holds the Chartered Financial Analyst (CFA) designation.
WHAT DOES THE FUND INVEST IN?
The Fund focuses on global, dividend-paying, common equity shares which are expected to grow their dividends in the future. The objectives of the Fund is to provide its investors with a consistent and above average current distribution yield; meaningful growth in the absolute level of distributions through time; and meaningful long-term appreciation of capital.
1 The Series F funds are intended for Dealer Fee Based Account Investors only.
2 The Series G funds are intended for portfolio managers. Contact AlphaDelta for details.
** FE = Front End NL = No Load (also used for Fee Based class funds)
Qwest Investment Fund Management Ltd. is registered as a portfolio manager and investment fund manager and is the Manager of the Fund.
The rate of return is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the investment fund or returns on investment in the investment fund. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all [dividends or distributions] and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past disclose that management fees and operating expenses are paid by the mutual fund; Dividends or distributions by the investment fund are reinvested in the investment fund at the net asset value per security of the investment fund on the reinvestment dates during the performance measurement period.
** The “12-Mth Dist’n Yield” is the sum of the trailing 12 months of distributions paid to the shareholders of each series of the fund divided by the most recent net asset value per share (“NAVPS”) of the series of the fund.
*** Active share is measured using the each fund’s equity holdings against the fund’s equity benchmark as at the date of this table. The active share calculation ignores cash within each fund’s portfolio. Tracking error, also know as active risk, is the annualized standard deviation of the differences between the monthly return of the fund versus the month return of the benchmark. The AlphaDelta Growth of Dividend Income Class Fund’s benchmark is MSCI All Country World Index (Total Return), the AlphaDelta Canadian Prosperity Class Fund’s benchmark is the S&P/TSX SmallCap Index and the AlphaDelta Tactical Growth Class Fund’s benchmark is 50% the Russell 1000 Index (converted to Canadian dollars) plus 50% the S&P/TSX Composite Index.
The contents of this document are intended for information purposes only and should be not be considered as an advertisement or offer to sell, or solicitation to buy, any securities in any jurisdiction. Commissions, management fees and expenses all may be associated with mutual fund investments. Please read the simplified prospectus before investing. Mutual Funds are not guaranteed, their values change frequently and past performance may not be repeated.
Every effort has been made to ensure that the information contained herein is accurate, complete and up-to-date. However, no guarantee, either expressed or implied, is made that the information in this document is accurate, complete or up-to-date. The contents of this document are for informational purposes only and are not intended to provide financial, legal, accounting or tax advice and should not be relied upon in that regard. Investors should consult with their financial advisor prior to investing.