The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

Fund Price: $10.64 (as at July 21, 2017)  1-day chg: $-.004 -0.04%  YTD: 6.76%

Returns as at June 30, 2017

  Fund Group Avg Index*
1 Month 2.22% -2.38% -3.44%
3 Months 1.53% 2.06% 1.48%
6 Months 5.24% 7.35% 7.51%
1 Year 22.35% 15.12% 18.86%
2 Year Avg 6.82% 6.37% 9.97%
3 Year Avg - 8.03% 13.06%
4 Year Avg - 11.07% 16.15%
5 Year Avg - 12.55% 17.57%
10 Year Avg - 3.65% 6.67%
15 Year Avg - 4.80% 6.66%
20 Year Avg - 3.97% 5.70%
Since Inception 5.01% - -
 
2016 19.32% 3.74% 4.41%
2015 - 9.77% 19.55%
2014 - 8.72% 15.01%
 
3 year risk - 10.55 10.65
3 year beta - 0.81 1.00

*MSCI World TR CAD

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the MSCI World TR CAD.

Risk Measures as at June 30, 2017

Best/Worst 12 months (since inception)
Best (ending Feb 17): 27.89 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Feb 16): -12.88 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Volatility meter (Based on 2 year standard deviation from GlobeInvestor.com)
Low VOLATILITY METER: 13 High

Fund Objectives

The fundamental investment objective of the Fund is to provide income and longer-term capital appreciation by investing primarily in dividend paying equity securities of companies around the world. The Fund will invest primarily in larger capitalization, global, dividend paying, equity securities and their derivatives, with the intent of providing its shareholders with a consistent distribution yield; growth in the absolute level of distributions per share through time; and long-term appreciation of capital.

Fund Facts

Fund Sponsor: Qwest Investment Fund Management Ltd.
Managed by: SciVest Capital Management Inc.
Fund Type: MF Corp
Inception Date: January 2015
Asset Class: Global Equity
Quartile Rank: - (3YR ending June 30, 2017)
Total Assets: $1.7 million
Mgmt Exp. Ratio (MER): 1.04%
Management Fee: 0.80%
Load Type: Front End
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
-
Subsequent:
-
Min. Invest (initial RRSP):
-
Subsequent RRSP:
-
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation December 31, 2016

Equity Sector Weightings December 31, 2016

Fund Geography December 31, 2016

Top Holdings as at December 31, 2016

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at July 24, 2017
1 Year Performance (%)
WHR-N Whirlpool Corp. Household Goods United States Stock 2.97   1.32 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
ABBV-N AbbVie Inc. Biotechnology & Pharmaceuticals United States Stock 2.63   15.83 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
QCOM-Q Qualcomm Telecommunications United States Stock 2.58   -12.97 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
BA-N Boeing Co. Transportation Equip. & Compnts United States Stock 2.54   58.97 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Other Other 2.38   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CVS-N CVS Health Corp. Specialty Stores United States Stock 2.34   -20.15 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
RCL-N Royal Caribbean Cruises Household Goods United States Stock 2.15   58.59 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CSCO-Q Cisco Systems Electrical & Electronic United States Stock 2.11   3.74 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
MS-N Morgan Stanley Banks United States Stock 2.05   61.51 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
MG-T Magna International Automotive Canada Stock 2.04   15.97 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 24, 2017)

Frequency of Income Distributions: None

Frequency of Capital Gain Distributions: None

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Jun 30, 2017 0.0258 0.0258 0.2665 10.491
May 31, 2017 0.0335 0.0335 0.2642 10.288
Apr 28, 2017 0.0147 0.0147 0.2628 10.499
Mar 31, 2017 0.0224 0.0224 0.2567 10.406
Feb 28, 2017 0.0293 0.0293 0.2624 10.508
Jan 31, 2017 0.0117 0.0117 0.2664 10.195
Dec 28, 2016 0.0204 0.0204 0.2654 10.143
Nov 30, 2016 0.0330 0.0330 0.2718 9.910
Oct 31, 2016 0.0148 0.0148 0.2705 9.263
Sep 30, 2016 0.0179 0.0179 0.2697 9.417
Aug 31, 2016 0.0323 0.0323 0.2857 9.450
Jul 29, 2016 0.0107 0.0107 0.2873 9.343
Jun 30, 2016 0.0234 0.0234 0.2882 8.805
May 31, 2016 0.0321 0.0321 0.2952 9.048
Apr 29, 2016 0.0086 0.0086 0.3014 8.946
Mar 31, 2016 0.0281 0.0281 0.3075 8.995
Feb 29, 2016 0.0333 0.0333 0.2852 8.446
Jan 29, 2016 0.0107 0.0107 0.2519 8.310

Portfolio Manager(s)

John Schmitz

SciVest Capital Management Inc.

Start Date: November, 2016

Fund Return: 8.98%

Also manages:AlphaDelta Gro of Div Inc Cl Srs A, AlphaDelta Growth of Div Inc Cl G, AlphaDelta Growth of Div Inc Cl I, Scivest Growth Dividends Cl F1

View fund manager performance report