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Fund Price: $15.14 (as at July 11, 2014)  1-day chg: $-.00682 -0.05%  YTD: 7.38%

Returns as at June 30, 2014

  Fund Group Avg Index*
1 Month 2.12% 0.09% 0.79%
3 Months 4.27% 4.17% 3.50%
6 Months 8.59% 11.43% 8.93%
1 Year 15.73% 14.52% 11.77%
2 Year Avg 9.84% 13.61% 5.80%
3 Year Avg 14.39% 10.72% 6.59%
4 Year Avg 15.40% 13.58% 11.56%
5 Year Avg - 14.00% 15.22%
10 Year Avg - 8.49% 5.53%
15 Year Avg - 8.57% 6.71%
20 Year Avg - - -
Since Inception 15.13% - -
 
2013 3.55% 6.81% -0.56%
2012 23.53% 21.90% 15.19%
2011 21.47% -3.30% 3.77%
 
3 year risk 7.46 11.21 8.60
3 year beta 0.72 0.92 1.00

*S&P/TSX Capped Real Estate Index

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 Capped Real Estate Index.

Risk Measures as at June 30, 2014

Best/Worst 12 months (since inception)
Best (ending Sep 12): 32.16 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Aug 13): -2.71 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: 7 High

Fund Objectives

The Fund's investment objective is to provide unitholders with quarterly distributions and the opportunity for capital appreciation through investment primarily in real estate investment trusts ('REITs'), equity securities of corporations carrying on business in the real estate sector and debt or convertible debt issued by REITs and real estate corporations. Unitholder approval is required prior to a change of the Fund's fundamental investment objectives. That is, fundamental investment objectives of the Fund may only be changed by the approval of at least a majority of the votes cast at a meeting of unitholders duly called to consider the matter.

Fund Facts

Fund Sponsor: First Asset Funds Inc.
Managed by: First Asset Funds Inc.
Fund Type: MF Trust
Inception Date: June 2010
Asset Class: Real Estate Equity
Quartile Rank: 1 (3YR ending June 30, 2014)
Total Assets: N/A
Mgmt Exp. Ratio (MER): -
Management Fee: 2.00%
Load Type: Optional
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$500
Subsequent:
$100
Min. Invest (initial RRSP):
$500
Subsequent RRSP:
$100
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation December 31, 2012

Equity Sector Weightings December 31, 2012

Fund Geography December 31, 2012

Top Holdings as at December 31, 2012

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at July 11, 2014
1 Year Performance (%)
- Primaris Retail REIT Property Mgmnt & Investment Canada Stock 4.77   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
BPO.PR.X-T Brookfield Office Properties Property Mgmnt & Investment Canada Stock 4.49   0.57 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
AX.UN-T Artis REIT Property Mgmnt & Investment Canada Stock 3.8   2.3 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
NPR.UN-T Northern Property REIT Property Mgmnt & Investment Canada Stock 3.8   3.61 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
GRT.UN-T Granite REIT Property Mgmnt & Investment Canada Stock 3.69   8.21 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
KMP-T Killam Properties Inc Property Mgmnt & Investment Canada Stock 3.68   -4.59 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CSH.UN-T Chartwell Retirement Residence Medical Services Canada Stock 3.62   9.37 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
HR.UN-T H&R Real Estate Invest. Trust Property Mgmnt & Investment Canada Stock 3.46   6.53 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
TCN-T Tricon Capital Group Property Mgmnt & Investment Canada Stock 3.42   13.94 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
REF.UN-T Cdn. Real Estate Investment Property Mgmnt & Investment Canada Stock 3.23   4.71 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 11, 2014)

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 30, 2014 0.1250 0.1250 0.5574 15.311
Mar 31, 2014 0.1250 0.1250 0.5574 14.803
Dec 31, 2013 0.1824 0.1824 0.5574 14.335
Sep 30, 2013 0.1250 0.1250 0.5000 14.006
Jun 28, 2013 0.1250 0.1250 0.5000 13.743
Mar 28, 2013 0.1250 0.1250 0.5000 14.581

Portfolio Manager(s)

Lee Goldman

First Asset Investment Management Inc.

Start Date: June, 2010

Fund Return: 15.14%

Lee Goldman, CFA, MBA, is a Senior Vice President and Portfolio Manager with First Asset and has more than 17 years of portfolio management and related industry experience. Prior to joining First Asset, Mr. Goldman was VP Treasurer of a subsidiary of Mackenzie Financial, and Manager of the Mackenzie Sentinel Mortgage Fund. In addition, he was responsible for modelling and securitizing the real estate mortgage and other loan portfolios of a subsidiary of Mackenzie Financial orporation.

Also manages:CanBanc Income Corp., First Asset Cdn Conv Debenture, First Asset Cdn Convertible Bond A, First Asset Cdn Enrg Convrt DB CL A, N.A. Advantaged Convertibles Fund

View fund manager performance report