The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

Fund Price: $4.66 (as at August 18, 2017)  1-day chg: $.0414 0.90%  YTD: -16.31%

Returns as at July 31, 2017

  Fund Group Avg Index*
1 Month 3.44% 2.04% 2.04%
3 Months 4.92% -4.40% -4.37%
6 Months -1.44% -9.90% -9.95%
1 Year 6.83% -5.28% -5.50%
2 Year Avg 9.92% 3.84% 4.40%
3 Year Avg -16.00% -11.11% -10.87%
4 Year Avg -3.40% -3.03% -2.98%
5 Year Avg -3.76% -3.94% -3.43%
10 Year Avg -2.27% -4.22% -3.69%
15 Year Avg 11.80% 6.11% 5.43%
20 Year Avg 11.51% 4.71% 3.51%
Since Inception 11.70% - -
 
2016 57.97% 40.56% 36.66%
2015 -33.38% -22.91% -20.56%
2014 -20.56% -13.32% -14.79%
 
3 year risk 29.18 21.70 18.59
3 year beta 1.41 1.06 1.00

*Globe Natural Resources Peer Index

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the Globe Natural Resources Peer Index.

Risk Measures as at July 31, 2017

Best/Worst 12 months (since inception)
Best (ending Nov 03): 136.46 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Aug 15): -55.06 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: 29 High

Fund Objectives

The investment objective of the Fund is to seek capital appreciation through investment in equity securities of companies whose product, service or management team the Investment Advisor believes can realize value and growth. The Investment Advisor may rely on top down fundamental research to identify equity securities of companies in a particular industry or sector, but portfolio diversification will be driven primarily from the Funds investments, as opposed to targeting sector weights.

Fund Facts

Fund Sponsor: Front Street Capital
Managed by: Front Street Capital
Fund Type: MF Corp
Inception Date: April 1990
Asset Class: Natural Resources Equity
Quartile Rank: 4 (3YR ending July 31, 2017)
Total Assets: $36.1 million
Mgmt Exp. Ratio (MER): 3.31%
Management Fee: 2.50%
Load Type: Front End
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 May 31, 2017

Equity Sector Weightings May 31, 2017

Fund Geography May 31, 2017

Top Holdings as at May 31, 2017

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at August 18, 2017
1 Year Performance (%)
LLEX-A Lilis Energy - United States Stock 9.43   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Wildcat Silver Corp Ord - United States Stock 9.31   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
PXT-T Parex Resources Inc. Oil and Gas Producers Canada Stock 8.69   -17.07 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
RRX-T Raging River Exploration Oil and Gas Producers Canada Stock 7.54   -41.55 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
KEL-T Kelt Exploration Oil and Gas Producers Canada Stock 7.41   14.94 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Other Other 6.89   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CR-T Crew Energy Inc. Oil and Gas Producers Canada Stock 5.36   -37.4 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
XDC-T Xtreme Drilling Corp. Oil and Gas Field Services Canada Stock 4.9   -22.45 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
NCA-T Newcastle Gold Ltd. - Canada Stock 4.55   -9.52 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
TCW-T Trican Well Service Oil and Gas Field Services Canada Stock 4.11   41.13 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Portfolio Manager(s)

Normand Lamarche

Front Street Capital

Start Date: August, 1999

Fund Return: 12.87%

Normand G. Lamarche has been engaged in the business of providing investment advisory services and portfolio management since 1987. Mr. Lamarche was a portfolio manager with Altamira Management Ltd. from August 1987 to March 1995. From February 1, 1991 to January 31, 1995, Mr. Lamarche was the manager of the Altamira Resource Fund and the Orbitex Resource Fund. From January 1, 1993 to January 31, 1995 he managed Altamira's AltaFund Investment Corp. and during that period was also responsible for the equity component of the Altamira Balanced Fund. Mr. Lamarche left Altamira in March 1995 for a one year sabbatical before establishing Tuscarora Capital Inc., one of Front Street Capital's two founding companies, with Mr. Selke in 1996. Mr. Lamarche holds a Bachelor of Arts degree in economics from Carleton University.

Also manages:LOGiQ Canadian Energy Resource Fund, LOGiQ Energy Opportunities Fd Cl B, LOGiQ Energy Opportunities Fd Cl F, LOGiQ Growth Class Series A, LOGiQ Growth Fund Series B

View fund manager performance report