The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

Fund Price: $9.10 (as at May 2, 2016)  1-day chg: $-.04 -0.44%  YTD: 8.08%

Returns as at March 31, 2016

  Fund Group Avg Index*
1 Month 5.71% 5.44% 5.28%
3 Months 5.59% 3.31% 4.54%
6 Months 5.71% 3.13% 3.08%
1 Year -4.96% -5.20% -6.57%
2 Year Avg -0.37% 0.44% -0.05%
3 Year Avg 5.74% 5.93% 5.03%
4 Year Avg 7.82% 6.05% 5.30%
5 Year Avg 4.58% 2.48% 2.10%
10 Year Avg 4.23% 3.05% 4.05%
15 Year Avg - 5.30% 6.55%
20 Year Avg - 5.99% 7.55%
Since Inception 5.83% - -
 
2015 -9.14% -5.96% -8.32%
2014 8.87% 9.20% 10.55%
2013 19.90% 17.22% 12.99%
 
3 year risk 8.64 9.12 8.86
3 year beta 0.90 0.90 1.00

*S&P/TSX Total Return

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the S&P/TSX Total Return.

Risk Measures as at March 31, 2016

Best/Worst 12 months (since inception)
Best (ending Feb 10): 58.74 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Feb 09): -38.80 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Volatility meter (Based on 3 year standard deviation from GlobeInvestor.com)
Low VOLATILITY METER: 9 High

Fund Objectives

This Fund seeks long-term capital appreciation by investing primarily in a diversified portfolio of mid to large capitalization Canadian equities. The Fund invests in equity securities of growth-oriented companies at reasonable prices. The Fund may invest in foreign securities up to the maximum amount permitted for registered plans (30% of the Fund in 2001). Bissett's proven investment style is best described as "Growth at a Reasonable Price" (GARP). The Bissett equity investment team applies a bottom-up research approach to identify firms that are gaining momentum and demonstrate sustainable, replicable growth. One of the many selection criteria in this process is that chosen stocks have a modest P/E ratio - Bissett managers try to buy a stock before its price accelerates well beyond its earnings capabilities.

Fund Facts

Fund Sponsor: Franklin Templeton Investments
Managed by: Franklin Templeton Investments
Fund Type: MF Corp
Inception Date: June 2001
Asset Class: Canadian Equity
Quartile Rank: 3 (3YR ending March 31, 2016)
Total Assets: N/A
Mgmt Exp. Ratio (MER): 2.48%
Management Fee: 2.00%
Load Type: Optional
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$500
Subsequent:
$500
Min. Invest (initial RRSP):
$500
Subsequent RRSP:
$100
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation December 31, 2015

Equity Sector Weightings December 31, 2015

Fund Geography December 31, 2015

Top Holdings as at December 31, 2015

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at May 2, 2016
1 Year Performance (%)
BAM.A-T Brookfield Asset Management Management and Diversified Canada Stock 6.11   -2.87 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CNR-T Canadian National Railway Transportation Canada Stock 5.66   -3.68 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
TD-T TD Bank Banks Canada Stock 5.16   -0.45 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CM-T CIBC Banks Canada Stock 4.89   3.61 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
RY-T Royal Bank of Canada Banks Canada Stock 4.65   -3.15 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
BMO-T Bank of Montreal Banks Canada Stock 4.51   3.33 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
QSR-T Restaurant Brands Intl. Other Canada Stock 4.16   7.73 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
BNS-T Bank of Nova Scotia - Canada Stock 3.73   -2.47 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
ENB-T Enbridge Inc. Oil Pipelines Canada Stock 3.61   -18.32 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
OCX-T Onex Corporation Management and Diversified Canada Stock 3.59   11.75 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Distribution Report (18 months up to May 2, 2016)

Frequency of Income Distributions: Annually

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Jan 28, 2016 0.1779 0.1382 0.3161 0.3161 8.300
Jan 29, 2015 0.1511 0.0552 0.2064 0.2064 9.440

Portfolio Manager(s)

Garey J. Aitken, MBA, CFA

Bissett Investment Management

Start Date: January, 2002

Fund Return: 7.39%

Garey Aitken, CFA is the chief investment officer of Franklin Bissett Investment Management and has been with the organization since 1998. He is co-lead manager for several equity and balanced portfolios. Past duties at the firm included domestic small and microcap equity programs. Before joining Franklin Bissett, he was an officer for a Canadian energy firm. Prior to that, he worked at a Canadian chartered bank in a corporate lending role. He holds a BA (Commerce, U. Alberta) and an MBA (UBC).

Also manages:DFS GIF Cdn Eq Franklin Bissett 3C, FT Bissett AllCan Focus Sr F, FT Bissett Can Equity Sr A, FT Bissett Energy CC-F, FT Bissett US Focus CC Sr A, Franklin Bis Cdn All Cap Bal Fd-A

View fund manager performance report

Tim Caulfield, CFA

Bissett Investment Management

Start Date: January, 2011

Fund Return: 7.20%

Mr. Caulfield joined Bissett Investment Management in early 2007 as a Canadian Equity Analyst bringing with him 7 years of investment experience. In 2011, he was appointed Co-Lead Manager of the Bissett Core Equity Program, which encompasses institutional and retail portfolios including the Bissett Canadian Equity Fund. Prior to joining Bissett, Mr. Caulfield was previously an analyst and Assistant Director of Research with Salman Partners, Inc. At Salman Partners, he most recently covered the industrial sector including transportation, engineering and construction, heavy equipment, dealers and airlines. Past coverage also included shipping, hotels, utilities and conglomerates. Mr. Caulfield earned his Bachelor of Commerce from the University of British Columbia in 1999. He received his Chartered Financial Analyst� designation in 2003.

Also manages:DFS GIF Cdn Eq Franklin Bissett 3C, FT Bissett Can Equity Sr A

View fund manager performance report