MB American Equity
Fund Price: $71.71 (as at July 29, 2010) 1-day chg: $-.3733 -0.52% YTD: -5.42%
Returns as at June 30, 2010
| Fund | Group Avg | Index* | |
|---|---|---|---|
| 1 Month | -4.03% | -4.53% | -3.93% |
| 3 Months | -10.24% | -8.38% | -7.50% |
| 6 Months | -9.12% | -2.32% | -5.41% |
| 1 Year | 0.80% | 8.71% | 4.40% |
| 2 Year Avg | -6.94% | -6.60% | -6.24% |
| 3 Year Avg | -9.22% | -10.34% | -9.89% |
| 4 Year Avg | -3.32% | -4.75% | -4.22% |
| 5 Year Avg | -2.62% | -3.81% | -3.62% |
| 10 Year Avg | -1.36% | -3.96% | -4.81% |
| 15 Year Avg | 6.77% | 4.09% | 4.42% |
| 20 Year Avg | 8.43% | 6.27% | 7.16% |
| Since Inception | 10.28% | - | - |
| 2009 | 12.06% | 11.20% | 8.08% |
| 2008 | -22.04% | -25.86% | -21.92% |
| 2007 | -4.39% | -8.62% | -10.55% |
| 3 year risk | 14.25 | 17.84 | 15.02 |
| 3 year beta | 0.92 | 1.01 | 1.00 |
*S&P 500 Composite Total Return Idx($Cdn)
Growth of $10,000
Risk Measures as at June 30, 2010
Best/Worst 12 months (since inception)
| Best (ending Jul 97): | 58.68 |  |  |
| Worst (ending Aug 88): | -28.77 |  | |
Volatility meter (Based on 3 year standard deviation from Globefund.com)
Low
High Fund Objectives
To provide a superior real rate of return, primarily through capital appreciation, by investing in a diversified portfolio of U.S. equities. Normally, at least 75% of the Fund will be invested in companies comprising the S&P 500 Index. Security selection will emphasize companies which are considered to be undervalued or have prospects for above average earnings growth.
Fund Facts
| Fund Sponsor: | McLean Budden Limited |
| Managed by: | McLean Budden Limited |
| Fund Type: | Pooled |
| Inception Date: | August 1983 |
| Asset Class: | U.S. Equity |
| Quartile Rank: | 1 (3YR ending June 30, 2010) |
| Total Assets: | $236.0 million |
| Mgmt Exp. Ratio (MER): | 1.25% |
| Management Fee: | 0.00% |
| Load Type: | No Load |
- Globe 5-Star Rating:
- RRSP Eligible:
- Canadian
- Min. Invest (initial):
- $1,000,000
- Subsequent:
- $150,000
- Min. Invest (initial RRSP):
- $1,000,000
- Subsequent RRSP:
- $150,000
- Closed:
- No
- Restricted:
- Yes
- Restriction:
- (Min Initial Investment $1,000,000)
Asset Allocation June 30, 2010
Equity Sector Weightings June 30, 2010
Fund Geography June 30, 2010
Top Holdings as at June 30, 2010
| Symbol | Company Name | Sector | Geographic Area | Asset Type | % of Total Assets | Performance as at July 29, 2010 1 Year Performance (%) | |||
|---|---|---|---|---|---|---|---|---|---|
| MRK-N | Merck & Company | Biotechnology & Pharmaceuticals | United States | Stock | 4.31 | 17.38 | | | |
| MSFT-Q | Microsoft | Computer Software & Processing | United States | Stock | 3.82 | 9.37 | | | |
| ACE-N | ACE Ltd. | Insurance | Switzerland | Stock | 3.35 | 10.42 | | | |
| PFE-N | Pfizer | Biotechnology & Pharmaceuticals | United States | Stock | 3.32 | -4.19 | | | |
| PEP-N | Pepsico Inc. | Food Processing | United States | Stock | 3.28 | 15.2 | | | |
| XOM-N | Exxon Mobil | Integrated Oils | United States | Stock | 3.2 | -15.53 | | | |
| BAC-N | Bank of America | Banks | United States | Stock | 3.19 | 3.77 | | | |
| T-N | AT&T Inc. | Telephone Utilities | United States | Stock | 3.09 | 0.27 | | | |
| JPM-N | JP Morgan Chase & Co. | Banks | United States | Stock | 2.95 | 6.46 | | | |
| WMT-N | Wal-Mart | Department Stores | United States | Stock | 2.91 | 3.42 | | | |
| HPQ-N | Hewlett-Packard Co. | Electrical & Electronic | United States | Stock | 2.72 | 10.0 | | | |
| AAPL-Q | Apple | Electrical & Electronic | United States | Stock | 2.59 | 61.29 | | | |
| GS-N | Goldman Sachs | Investment Companies and Funds | United States | Stock | 2.59 | -4.3 | | | |
| UTX-N | United Technologies | Management and Diversified | United States | Stock | 2.47 | 33.74 | | | |
| HON-N | Honeywell International | Management and Diversified | United States | Stock | 2.27 | 25.5 | | | |
Distribution Report (18 months up to July 29, 2010)
Frequency of Income Distributions: Quarterly
Frequency of Capital Gain Distributions: Quarterly
| Date | Income Dividend | Capital Gain | Total (Current Period) | Trailing 12-Months Total | Reinvestment Price |
|---|---|---|---|---|---|
| Jun 30, 2010 | 0.3699 | 0.3699 | 1.5496 | 68.905 | |
| Mar 31, 2010 | 0.4327 | 0.4327 | 1.5895 | 77.176 | |
| Dec 31, 2009 | 0.3365 | 0.3365 | 1.6139 | 76.657 | |
| Sep 30, 2009 | 0.4106 | 0.4106 | 1.7314 | 74.166 | |
| Jun 30, 2009 | 0.4098 | 0.4098 | 1.7183 | 69.797 | |
| Mar 31, 2009 | 0.4570 | 0.4570 | 3.9192 | 65.120 |
Portfolio Manager(s)
McLean Budden - Mgmt. Team
McLean Budden Limited
Start Date: August, 1983
Fund Return: 10.31%
McLean Budden, incorporated in 1947, is one of Canada's oldest investment counseling firms, managing over $30 billion of pension, endowment and other institutional funds, as well as personal portfolios. McLean Budden utilizes a team approach focusing on strong fundamental research in the management of Canadian, U.S. and International equities as well as fixed income. McLean Budden has always stressed the importance of a high staffing level to ensure superior investment research, establish long run succession planning and facilitate the firm's growth. Each partner brings years of experience to the team and has been chosen for his or her outstanding research and investment management skills.
Also manages:Astra Aggressive Strategy, Astra Balanced Strategy, Astra Celestia Aggressive, Astra Celestia Balanced, Astra Celestia Conservative, Astra Celestia Growth, Astra Conservative Strategy, Astra Global Equity, Astra Growth Strategy, Astra McLean Budden Diversif Growth, Astra McLean Budden U.S. Equity, DFS GIF American Equity (MB) 3, DFS GIF Bal Growth McLean Budden 3, DFS GIF Cdn Equity Growth (MB) 3, Desjardins Fn Pool Amer Equ (MB), Desjardins Fn Pool MB Bal Growth, Desjardins Fn Pool MB Cdn Equ Gwth, Desjardins Fn Pool MB Fixed Income, Desjardins Fn Pool MB Global Equity, Equitable Life Asset Allocation, FaithLife Balanced (McLean Budden), FaithLife Global Equity 2, IA Clarington American, JOV Prosperity Canadian Equity A, JOV Prosperity US Equity A, MB Balanced, MB Balanced Growth, MB Balanced Growth Pension, MB Balanced Plus, MB Balanced Value, MB Canadian Equity, MB Canadian Equity Growth, MB Canadian Equity Plus, MB Canadian Equity Value, MB Fixed Income, MB Fixed Income Plus, MB Global Equity, MB Global Equity (C$-Hedged), MB Global Equity Growth, MB Global Equity Value, MB International Equity, MB LifePlan Growth, MB LifePlan Growth & Income, MB LifePlan Income(TM), MB Long Term Fixed Income, MB Money Market, MB Select Balanced, MB Select Canadian Equity, MB Select Fixed Income, MB Select Global Equity, MB Short-Term Fixed Income, Manulife Canadian Lg Cap Value Cl, Manulife ML Elite Balanced, McLean Budden American Equity D, McLean Budden Balanced Growth D, McLean Budden Balanced Value D, McLean Budden Canadian Equity D, McLean Budden Cdn Equity Growth D, McLean Budden Cdn Equity Value D, McLean Budden Fixed Income D, McLean Budden Global Equity D, McLean Budden High Income Eq D, McLean Budden International Equ D, McLean Budden LifePlan 2020 A, McLean Budden LifePlan Retirement A, McLean Budden Money Market D, Renaissance Canadian Growth
