AlphaDelta Funds > Canadian Focused Equity Class Fund

Canadian Focused Equity Class Fund

The AlphaDelta Canadian Focused Equity Class Fund is an actively managed fund investing 50% to 90% of its portfolio in Canadian equities.

Investment Objectives

AlphaDelta Canadian Focused Equity Class Fund offers exposure to mid- and large-cap North American equities. The Fund will invest 50% to 90% of its portfolio in Canadian equities. The balance of the Fund’s portfolio will generally be invested in US securities. It may invest in companies domiciled in other countries from time to time. The Fund has the ability to invest in short term debt or cash in anticipation of negative downtowns.

SeriesClosing price*$ daily change% daily change
A$11.27$0.050.49%
F$11.75$0.060.49%
G$13.04$0.060.49%

* As of February 14, 2019.  Note: Calculated and posted by Qwest Investment Fund Management Ltd.

SeriesInception date12-Mth Dist’n Yield**6 Month1 Year2 Year2019 Ytd2018 YearSince InceptionStandard DeviationActive Share***
F28-Feb-150.8%-6.2%-5.4%8.8%5.9%-8.0%4.8%11.6%92.5%
A28-Feb-150.7%-6.7%-6.4%7.6%5.8%-9.0%3.6%11.6%92.5%

*As of Jan. 31, 2019

The returns shown above are annualized compound returns, calculated on a money weighted basis, net of all fund-level fees and expenses.  The returns assume a reinvestment of all fund distributions and do not take into account sales, redemption, distribution or optional charges or income taxes.  These historic returns are provided for general information purposes only and may not be indicative of the future returns.

SeriesIncomeCapital gainsTotal
A$0.0000$0.0000$0.0000
F$0.0000$0.0000$0.0000
I$0.0000$0.0000$0.0000

Investment Strategy

The Fund seeks companies with strong management, good growth prospects and a solid financial position. Emphasis is on paying reasonable prices for cash flow growth. The Fund generally holds between 20 and 40 equity positions, diversified across economic sectors.

Investor Suitability

This Fund is suitable for investors:

  • Seeking long-term capital growth
  • Medium risk tolerance
  • Able to take long-term investment horizon
  • Risk tolerance for short-term price fluctuations

Portfolio Manager

LAURUS INVESTMENT COUNSEL

Toronto-based Laurus Investment Counsel is the adviser to the Fund. Laurus is a specialty North American asset manager with over $500 million in assets under management.

Laurus strives to invest in the great companies of tomorrow: those that will continue to be successful in their efforts to gain, and maintain, a competitive advantage.

Beyond the detailed financial models Laurus creates for each investment, the team at Laurus endeavours to understand the companies extremely well: what drives management, critical success factors, competitive advantages, and the focus on value creation.

Once a company is fully vetted and added to the portfolio, Laurus expects to own the position for a very long time.

Laurus was founded by Chris Page in 2014. The Laurus Portfolio Team also includes LInda LeBrun and Raymond Lam and in 2016 were joined by 40-year industry veteran Dennis Starritt after he merged his firm, Bluewater Investment Management Inc., with Laurus.

The Laurus philosophy can best be summed up in three words: Protect. Perform. Repeat.

What Does The Fund Invest In?

The Fund will invest its portfolio such that it generally falls within the Canadian Focused Equity investment strategy category. As such, the Fund generally invests at least 50%, and less than 90%, of its equity portfolio in securities domiciled in Canada. The Fund will invest no more than 49% of its assets (based on cost) in foreign securities, with the majority of these foreign securities expected to be domiciled in the United States. In addition, the weighted average market capitalization of the Fund’s equity portfolio is generally considered mid to large capitalization (i.e., weighted average market capitalization greater than $5 billion).

Fund Characteristics

Fund SeriesFundServ CodesMgmt FeeTrailer FeeCurrent Admin Fee – Fee CapProjected Approx. MER w/ Current CapMinimum Initial InvestmentMinimum Additional InvestmentCIFSC Strategy Category (Risk Rating)
Series AQWE 4212.00%1.00%0.60%2.60%$1,000$100Canadian Focused Equity (Medium)
Series F1QWE 4221.00%0.60%1.60%$1,000$100
Series G2QWE 4240.60%0.60%1.20%$25,000$100
Series HQWE 4251.60%1.00%0.60%2.20%$25,000$100

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.

DISCLOSURES

The information provided herein is for general information purposes only and is not intended to be a solicitation for the purchase of fund units.

 

Important information regarding the fund is set out the simplified prospectus and in other documents made publicly available, which should be reviewed prior to investment.  The returns shown above are annualized compound returns, calculated on a money weighted basis, net of all fund-level fees and expenses.  The returns assume a reinvestment of all fund distributions and do not take into account sales, redemption, distribution or optional charges or income taxes.  These historic returns are provided for general information purposes only and may not be indicative of the future returns.”

 

Qwest Investment Fund Management Ltd. Is the Investment Fund Manager of the fund. Qwest Investment Fund Management Ltd is a Portfolio Manager, Investment Fund Manager and Exempt Market Dealer registered in the provinces of Alberta, British Columbia, Nova Scotia, Quebec, Saskatchewan and Ontario.  The firm is also registered solely as an IFM in the provinces of Newfoundland.

Manager commentaries provided above have been obtained from third party managers and do not necessarily reflect views of AlphaDelta.  AlphaDelta has not taken any steps to verify the accuracy or completeness of the information presented herein.