Montrusco Bolton Balanced 'B'
Fund Price: $12.67 (as at July 29, 2010) 1-day chg: $.0178 0.14% YTD: -0.12%
Returns as at June 30, 2010
| Fund | Group Avg | Index* | |
|---|---|---|---|
| 1 Month | -1.06% | -1.27% | -2.11% |
| 3 Months | -3.36% | -3.44% | -4.80% |
| 6 Months | -2.08% | -1.54% | -2.75% |
| 1 Year | 8.63% | 7.70% | 7.60% |
| 2 Year Avg | -3.44% | -1.12% | -3.30% |
| 3 Year Avg | -2.11% | -1.09% | -2.94% |
| 4 Year Avg | 1.20% | 2.45% | 0.47% |
| 5 Year Avg | 2.37% | 3.35% | 1.92% |
| 10 Year Avg | 2.83% | 4.83% | 3.53% |
| 15 Year Avg | - | 7.62% | 5.99% |
| 20 Year Avg | - | 7.90% | - |
| Since Inception | 3.65% | - | - |
| 2009 | 16.76% | 17.98% | 21.17% |
| 2008 | -19.45% | -15.61% | -20.54% |
| 2007 | 4.12% | 1.68% | 0.70% |
| 3 year risk | 11.14 | 9.99 | 11.70 |
| 3 year beta | 0.90 | 0.80 | 1.00 |
*Globe Canadian Eqt Balanced Peer Index
Growth of $10,000
Risk Measures as at June 30, 2010
Best/Worst 12 months (since inception)
| Best (ending Feb 10): | 24.50 |  |  |
| Worst (ending Feb 09): | -21.47 |  | |
Volatility meter (Based on 3 year standard deviation from Globefund.com)
Low
High Fund Objectives
The fundamental investment objective of the Balanced Fund is to achieve long-term growth of capital consistent with reasonable safety and income through the investment of its assets in a diversified portfolio of primarily Canadian high quality fixed income vehicles, Canadian and foreign common shares and convertible equivalents as well as, from time to time, foreign bonds, and to a lesser extent in short-term securities. The Fund may also hold other securities from time to time when necessary for capital preservation purposes. To achieve its investment objectives and benefit from capital efficiency and market expertise, the Fund may invest some of its assets in the Montrusco Bolton specialized pooled funds. In addition, should the Manager decide that it is in the best interest of the Fund, the Fund may buy or sell futures contracts on securities or indices or on currencies and may buy or sell options thereon.
Fund Facts
| Fund Sponsor: | Montrusco Bolton Inc. |
| Managed by: | Montrusco Bolton Inc. |
| Fund Type: | Pooled |
| Inception Date: | December 1999 |
| Asset Class: | Canadian Neutral Balanced |
| Quartile Rank: | 4 (3YR ending June 30, 2010) |
| Total Assets: | $77.8 million |
| Mgmt Exp. Ratio (MER): | 0.25% |
| Management Fee: | 0.00% |
| Load Type: | No Load |
- Globe 5-Star Rating:
- RRSP Eligible:
- Canadian
- Min. Invest (initial):
- $150,000
- Subsequent:
- -
- Min. Invest (initial RRSP):
- $150,000
- Subsequent RRSP:
- -
- Closed:
- No
- Restricted:
- Yes
- Restriction:
- (Min Initial Investment $150,000)
Asset Allocation June 30, 2010
Equity Sector Weightings June 30, 2010
Bond Type 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 (%) | |||
|---|---|---|---|---|---|---|---|---|---|
| Montrusco Bolton Cdn Small Cap 'B' | Fund | 4.81 | | | |||||
| Montrusco Bolton Quantitative Cd Eq | Fund | 4.81 | | | |||||
| Montrusco Bolton Equity Income | Fund | 4.09 | | | |||||
| TD-T | TD Bank | Banks | Canada | Stock | 1.77 | 20.26 | | | |
| CNQ-T | Canadian Natural Resources | Oil and Gas Producers | Canada | Stock | 1.66 | 15.95 | | | |
| BNS-T | Bank of Nova Scotia | Banks | Canada | Stock | 1.56 | 15.02 | | | |
| RY-T | Royal Bank of Canada | Banks | Canada | Stock | 1.53 | 6.02 | | | |
| Financement Quebec, 5.25%, JUN/01/34 | Bond | 1.37 | 4.31 | | | ||||
| TLM-T | Talisman Energy | Oil and Gas Producers | Canada | Stock | 1.34 | 8.48 | | | |
| ABX-T | Barrick Gold Corp. | Precious Metals | Canada | Stock | 1.34 | 17.48 | | | |
Distribution Report (18 months up to July 29, 2010)
Frequency of Income Distributions: Quarterly
Frequency of Capital Gain Distributions: Annually
| Date | Income Dividend | Capital Gain | Total (Current Period) | Trailing 12-Months Total | Reinvestment Price |
|---|---|---|---|---|---|
| Jun 25, 2010 | 0.0685 | 0.0685 | 0.2764 | 12.593 | |
| Mar 26, 2010 | 0.0617 | 0.0617 | 0.2854 | 12.925 | |
| Dec 17, 2009 | 0.0808 | 0.0808 | 0.3136 | 12.709 | |
| Sep 25, 2009 | 0.0654 | 0.0654 | 0.3219 | 12.509 | |
| Jun 26, 2009 | 0.0775 | 0.0775 | 0.2875 | 11.642 | |
| Mar 27, 2009 | 0.0898 | 0.0898 | 0.3540 | 10.947 |
Portfolio Manager(s)
Isma�l Chiadmi, MSc
Montrusco Bolton Inc.
Start Date: December, 2008
Fund Return: 9.34%
Isma�l Chiadmi is head of the quantitative management team. As such, he manages our quantitative funds, carries out econometric and quantitative analysis of financial markets, develops management measures and risk-budgets, and optimizes institutional portfolios. He is a member of the asset mix committee and the alternative investment team. Prior to joining Montrusco Bolton Investments Inc. in 1997, Isma�l worked as an institutional representative and trader for Midland Walwyn Capital on the fixed income side. From 1991 to 1994, he was the investment strategist for the Treasury Department of the Quebec Ministry of Finance. From 1987 to 1991, Isma�l worked for McNeil Mantha inc as chief economist . Isma�l holds a Bachelor's degree in Economics from France's Bordeaux Academy, a Diploma in Economics from the University of Rabat in Morocco as well as a Master's degree in Economics (specialized in econometrics) from the Sherbrooke University.
Also manages:Counsel All Equity Portfolio-A, Counsel Balanced Portfolio-A, Counsel Canadian Growth A, Counsel Conservative Portfolio-A, Counsel Growth Portfolio-A, Montrusco Bolton Quant EAFE Eq 'B', Montrusco Bolton Quantitative Cd Eq
