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Fund Price: $10.21 (as at July 29, 2014)  1-day chg: $.01 0.10%  YTD: 13.08%

Returns as at June 30, 2014

  Fund Group Avg Index*
1 Month 3.19% 3.44% 4.07%
3 Months 5.58% 5.44% 6.41%
6 Months 11.09% 10.55% 12.86%
1 Year 26.96% 26.07% 28.66%
2 Year Avg 21.55% 18.32% 17.82%
3 Year Avg 11.09% 7.73% 7.60%
4 Year Avg 14.33% 10.35% 10.78%
5 Year Avg 14.33% 10.09% 11.01%
10 Year Avg 8.05% 7.33% 8.77%
15 Year Avg - 6.73% 7.75%
20 Year Avg - 7.27% 9.26%
Since Inception 7.15% - -
 
2013 19.90% 17.38% 12.99%
2012 13.67% 7.31% 7.19%
2011 -6.86% -10.00% -8.71%
 
3 year risk 9.60 10.20 10.26
3 year beta 0.83 0.92 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 June 30, 2014

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: 10 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: 1 (3YR ending June 30, 2014)
Total Assets: $43.5 million
Mgmt Exp. Ratio (MER): 2.49%
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 March 31, 2014

Equity Sector Weightings March 31, 2014

Fund Geography March 31, 2014

Top Holdings as at March 31, 2014

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at July 29, 2014
1 Year Performance (%)
CM-T CIBC Banks Canada Stock 4.96   28.75 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 4.38   41.71 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
BAM.A-T Brookfield Asset Management Management and Diversified Canada Stock 4.16   23.76 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 3.9   22.46 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 3.77   19.63 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 3.76   27.93 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
TRI-T Thomson Reuters Other Services Canada Stock 3.67   10.2 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 Banks Canada Stock 3.59   25.77 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CNQ-T Canadian Natural Resources Oil and Gas Producers Canada Stock 3.14   51.67 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
MDA-T MacDonald Dettwiler & Assoc. Computer Software & Processing Canada Stock 2.99   5.53 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 July 29, 2014)

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 30, 2014 0.4901 0.4901 0.4901 9.010
Jan 29, 2013 0.3946 0.3946 0.3946 8.250

Portfolio Manager(s)

Garey J. Aitken, MBA, CFA

Bissett Investment Management

Start Date: January, 2002

Fund Return: 8.85%

Mr. Aitken is Chief Investment Officer of Bissett Investment Management and has been with Bissett since 1998. He was co-lead manager of the Bissett Microcap Fund and the Bissett Small Cap Fund from 2000 to 2003. In 2002, Mr. Aitken was appointed Director of Equity Research. He became co-lead manager of the Bissett Canadian Equity Fund in 2003 and has management responsibilities on a number of Bissett mandates as co-lead manager (Bissett All Canadian Focus Fund, Bissett Canadian Balanced Fund, Bissett Energy Corporate Class and Bissett U.S. Focus Corporate Class). Prior to joining Bissett, Mr. Aitken was the Assistant Treasurer for a senior Canadian energy firm. Mr. Aitken is a graduate of the University of Alberta (Bachelor of Commerce, 1989) and the University of British Columbia (MBA, 1990). He earned his Chartered Financial Analyst� designation in 1993.

Also manages:DFS GIF Canadian Equity Bissett 3, FT Bissett AllCan Focus Sr F, FT Bissett Can All Cap Bal Sr A, FT Bissett Can Bal CC Sr A, FT Bissett Can Equity Sr A, FT Bissett Energy CC-F, FT Bissett US Focus CC Sr A, IG Frank Bissett Canadian Equity A, IG Frk Bissett Canadian Eq Class A

View fund manager performance report

Tim Caulfield, CFA

Bissett Investment Management

Start Date: January, 2011

Fund Return: 12.41%

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 Canadian Equity Bissett 3, FT Bissett Can Equity Sr A

View fund manager performance report