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Fund Price: $9.97 (as at October 20, 2014)  1-day chg: $.0742 0.75%  YTD: 3.93%

Returns as at September 30, 2014

  Fund Group Avg Index*
1 Month -1.48% -4.35% -4.59%
3 Months 0.09% -0.21% 1.40%
6 Months 3.43% 2.60% 4.41%
1 Year 8.18% 9.41% 16.15%
2 Year Avg 6.38% 7.05% 10.69%
3 Year Avg 7.49% 7.00% 10.60%
4 Year Avg - -0.07% 3.61%
5 Year Avg - 2.89% 5.61%
10 Year Avg - 7.65% 9.66%
15 Year Avg - 5.09% 7.36%
20 Year Avg - 3.97% 4.47%
Since Inception 2.83% - -
 
2013 2.71% 1.37% 3.94%
2012 13.32% 13.47% 15.61%
2011 -8.36% -19.90% -16.42%
 
3 year risk 8.06 13.54 12.28
3 year beta 0.51 0.97 1.00

*MSCI Emerging Markets Free ($ Cdn)

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the MSCI Emerging Markets Free ($ Cdn).

Risk Measures as at September 30, 2014

Best/Worst 12 months (since inception)
Best (ending May 13): 14.38 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Nov 11): -9.19 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: 8 High

Fund Objectives

The objective of the Fund is to generate capital appreciation by investing in a basket of emerging market equities, while mitigating downside risk. A secondary objective of the Fund is to generate a high level of dividend income from those investments.

Fund Facts

Fund Sponsor: Redwood Asset Management Inc.
Managed by: Redwood Asset Management Inc.
Fund Type: MF Trust
Inception Date: November 2010
Asset Class: Emerging Markets Equity
Quartile Rank: 2 (3YR ending September 30, 2014)
Total Assets: $5.8 million
Mgmt Exp. Ratio (MER): 3.43%
Management Fee: 2.00%
Load Type: Front End
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$1,000
Subsequent:
$100
Min. Invest (initial RRSP):
$1,000
Subsequent RRSP:
$100
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation December 31, 2013

Equity Sector Weightings December 31, 2013

Fund Geography December 31, 2013

Top Holdings as at December 31, 2013

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at October 20, 2014
1 Year Performance (%)
EUM-N ProSh Short Emerg Mkt E.T.F. Other United States Stock 5.1   -0.39 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- NCsoft Corporation Computer Software & Processing South Korea Stock 5.0   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- AAC Acoustic Technology Hldg Electrical & Electronic Hong Kong Stock 4.64   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- National Bank of Abu Dhabi PJS Other U.A.E Stock 4.58   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- ALKIM ALKALI KIMYA Other Turkey Stock 4.14   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Powszechny Zaklad Ubezpieczen Insurance Poland Stock 4.0   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Samsung Electro-Mechanics Co. Electrical & Electronic South Korea Stock 3.97   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
TSM-N Taiwan Semiconductor Electrical & Electronic Taiwan Stock 3.88   12.7 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Sanlam Limited Management and Diversified South Africa Stock 3.8   - 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 October 20, 2014)

Frequency of Income Distributions: Monthly

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Aug 29, 2014 0.0200 0.0200 0.2400 10.274
Jul 31, 2014 0.0200 0.0200 0.2400 10.254
Jun 30, 2014 0.0200 0.0200 0.2400 10.152
May 30, 2014 0.0200 0.0200 0.2400 10.248
Apr 30, 2014 0.0200 0.0200 0.2400 10.088
Mar 31, 2014 0.0200 0.0200 0.2400 9.883
Feb 28, 2014 0.0200 0.0200 0.2400 9.784
Jan 31, 2014 0.0200 0.0200 0.2400 9.539
Dec 31, 2013 0.0200 0.0200 0.2400 9.751
Nov 29, 2013 0.0200 0.0200 0.2400 9.839
Oct 31, 2013 0.0200 0.0200 0.2400 9.901
Sep 30, 2013 0.0200 0.0200 0.2400 9.565
Aug 30, 2013 0.0200 0.0200 0.2400 9.298
Jul 31, 2013 0.0200 0.0200 0.2400 9.461
Jun 28, 2013 0.0200 0.0200 0.2400 9.562
May 31, 2013 0.0200 0.0200 0.2400 9.905
Apr 30, 2013 0.0200 0.0200 0.2400 9.899

Portfolio Manager(s)

Edward Robertson

Somerset Capital Management LLP

Start Date: November, 2010

Fund Return: 2.83%

Edward Robertson - Lead Manager & Founder (16 years experience). Edward graduated in 1989 from the University of East Anglia. He worked in Hong Kong and London, before joining Lloyd George Management in 1999. Along with Jacob Rees-Mogg, Edward built the GEM product at Lloyd George Management. He also led the focus on the EMEA region and managed the top-performing Russian Fund - SIBINCO. Edward is lead manager for the EM large cap fund and co-manager of the EM Small Cap and Dividend Growth funds

View fund manager performance report

Edward Lam-EMEA

Somerset Capital Management LLP

Start Date: November, 2010

Fund Return: 2.83%

Edward Lam - Lead Manager, Dividend Growth Fund & Head of Research. Edward is a graduate of Downing College, Cambridge. Prior to joining Somerset, he was senior analyst at Lloyd George Management London covering Asia for GEM mandates, with a special focus on Taiwan. He joined Somerset Capital Management in November 2007 as head of EMEA and in 2008 became responsible for managing the research process. Since 2009 he has been the lead manager for the Dividend Growth fund.

View fund manager performance report