Manulife American Advantage
Fund Price: $4.04 (as at September 3, 2010) 1-day chg: $.0951 2.41% YTD: -8.83%
Returns as at July 31, 2010
| Fund | Group Avg | Index* | |
|---|---|---|---|
| 1 Month | 9.10% | 8.25% | 8.25% |
| 3 Months | -10.87% | -6.01% | -6.18% |
| 6 Months | -3.53% | 1.17% | 0.98% |
| 1 Year | 6.22% | 3.38% | 4.83% |
| 2 Year Avg | -9.98% | -8.01% | -8.70% |
| 3 Year Avg | -16.92% | -13.77% | -14.72% |
| 4 Year Avg | -12.95% | -9.08% | -9.59% |
| 5 Year Avg | -9.91% | -4.61% | -5.35% |
| 10 Year Avg | -6.88% | -1.22% | -2.08% |
| 15 Year Avg | - | - | - |
| 20 Year Avg | - | - | - |
| Since Inception | -1.53% | - | - |
| 2009 | 28.78% | 31.99% | 31.40% |
| 2008 | -45.91% | -43.35% | -45.33% |
| 2007 | -21.87% | -14.17% | -15.40% |
| 3 year risk | 37.26 | 28.28 | 28.16 |
| 3 year beta | 1.22 | 0.94 | 1.00 |
*Globe Financial Services Peer Index
Growth of $10,000
Risk Measures as at July 31, 2010
Best/Worst 12 months (since inception)
| Best (ending Feb 10): | 81.36 |  |  |
| Worst (ending Feb 09): | -56.70 |  | |
Volatility meter (Based on 3 year standard deviation from Globefund.com)
Low
High Fund Objectives
The Fund will concentrate on the U.S. financial services market. This will include businesses offering asset management, insurance, securities brokerage and banking services. The long-term growth factors supporting this market are very similar to the factors we are experiencing in Canada, with the exception that the U.S. market is approximately 10 times the size of our own market and more global in scope.
Fund Facts
| Fund Sponsor: | Manulife Mutual Funds |
| Managed by: | Manulife Mutual Funds |
| Fund Type: | MF Trust |
| Inception Date: | October 1997 |
| Asset Class: | Financial Services Equity |
| Quartile Rank: | 3 (3YR ending July 31, 2010) |
| Total Assets: | $27.8 million |
| Mgmt Exp. Ratio (MER): | 2.89% |
| Management Fee: | 2.25% |
| Load Type: | Optional |
- Globe 5-Star Rating:
- RRSP Eligible:
- Canadian
- Min. Invest (initial):
- $250
- Subsequent:
- $50
- Min. Invest (initial RRSP):
- $250
- Subsequent RRSP:
- $50
- Closed:
- No
- Restricted:
- No
- Restriction:
Asset Allocation July 31, 2010
Equity Sector Weightings July 31, 2010
Fund Geography July 31, 2010
Top Holdings as at July 31, 2010
| Symbol | Company Name | Sector | Geographic Area | Asset Type | % of Total Assets | Performance as at September 3, 2010 1 Year Performance (%) | |||
|---|---|---|---|---|---|---|---|---|---|
| JPM-N | JP Morgan Chase & Co. | Banks | United States | Stock | 6.59 | -6.98 | | | |
| MET-N | Metlife | Insurance | United States | Stock | 6.56 | 14.69 | | | |
| PRU-N | Prudential Financial Inc. | Insurance | United States | Stock | 6.49 | 15.22 | | | |
| AMP-N | Ameriprise Financial | Investment Companies and Funds | United States | Stock | 6.46 | 63.33 | | | |
| MA-N | Mastercard | Other | United States | Stock | 6.32 | 1.76 | | | |
| V-N | Visa Inc. | Other Services | United States | Stock | 6.27 | 2.24 | | | |
| BEN-N | Franklin Resources | Investment Companies and Funds | United States | Stock | 6.17 | 9.96 | | | |
| GS-N | Goldman Sachs | Investment Companies and Funds | United States | Stock | 6.17 | -8.89 | | | |
| WFC-N | Wells Fargo & Co. | Banks | United States | Stock | 6.13 | -3.98 | | | |
| HIG-N | Hartford Financial Services | Insurance | United States | Stock | 5.92 | 3.3 | | | |
Portfolio Manager(s)
Greg Placidi, B.Comm. (Hon), MBA, CFA
Portland Investment Counsel
Start Date: March, 2003
Fund Return: -4.80%
Greg Placidi joined AIC in September 2001, with nearly 15 years of financial services experience as a strategist, regulator and company executive. Greg is part of the management team for all Funds in AIC Advantage Group. Greg is also AIC's insurance specialist and is responsible for industry trends in the global insurance sector, making recommendations regarding potential insurance company investments or divestitures and evaluating the performance of AIC's insurance holdings across various AIC Funds. Greg earned the Chartered Financial Analyst designation in 1989 and has an Honours Bachelor of Commerce degree from Queen's University, and an MBA from University of Toronto.
Also manages:AIC Global Financial Split Corp, Copernican World Fin Infrastructure, Manulife Advantage, Manulife Advantage II, Manulife Advantage II Class, Manulife Global Advantage, Manulife Global Wealth Management
View fund manager performance report
Chris Wain-Lowe
Portland Investment Counsel
Start Date: March, 2003
Fund Return: -4.80%
Chris Lowe joined AIC in October 2002 after 22 years in financial services, mostly with Barclays in areas of corporate, retail and investment banking, stock brokering and insurance brokerage. He was CEO of financial services businesses in Greece, Botswana and Jamaica. Chris' responsibilities centre on all Funds in AIC Advantage Group and include anticipating industry trends across global financial services; recommending potential investments or divestitures and monitoring and evaluating performance of AIC Funds' bank-based holdings. Chris has a BA degree from University of North Wales and an MBA from University of Exeter and holds their Financial Diploma.
Also manages:AIC Global Financial Split Corp, Copernican World Fin Infrastructure, Manulife Advantage, Manulife Advantage II, Manulife Global Advantage, Manulife Global Wealth Management
