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Fund Price: $11.27 (as at September 22, 2017)  1-day chg: $-.0169 -0.15%  YTD: 0.03%

Returns as at August 31, 2017

  Fund Group Avg Index*
1 Month -0.22% -2.83% 0.67%
3 Months 0.03% -4.28% -0.15%
6 Months -1.22% -9.01% 0.28%
1 Year 4.21% -8.44% 7.23%
2 Year Avg 4.75% -3.48% 7.96%
3 Year Avg -4.08% -16.54% 2.10%
4 Year Avg 2.51% -6.90% 7.85%
5 Year Avg 3.86% -4.11% 8.13%
10 Year Avg 5.81% -0.72% 4.10%
15 Year Avg - - 8.54%
20 Year Avg - - 6.74%
Since Inception - - -
 
2016 19.37% 23.43% 21.08%
2015 -15.82% -25.30% -8.32%
2014 2.04% -12.07% 10.55%
 
3 year risk 8.62 15.42 7.65
3 year beta 1.00 1.40 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 August 31, 2017

Best/Worst 12 months (since inception)
Best (ending Feb 10): 63.65 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Feb 09): -34.33 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: 9 High

Fund Objectives

The investment objectives of the Fund are to: (a) pay monthly distributions to Unitholders; (b) outperform the S&P/TSX Composite High Dividend Index or any other index selected in accordance with the Declaration of Trust (such index at any particular time being the Index); and (c) return to Unitholders upon termination of the Fund at least the original subscription price of the Units from the Fund's initial public offering (being $10.00 per Unit).

Fund Facts

Fund Sponsor: Middlefield Group Limited
Managed by: Middlefield IndexPlus Management
Fund Type: MF Trust
Inception Date: August 2003
Asset Class: Miscellaneous - Undisclosed Holdings
Quartile Rank: - (3YR ending August 31, 2017)
Total Assets: N/A
Mgmt Exp. Ratio (MER): 1.39%
Management Fee: 1.50%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$500
Subsequent:
$100
Min. Invest (initial RRSP):
$2,000
Subsequent RRSP:
$100
Closed:
Yes
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 September 22, 2017
1 Year Performance (%)
FRU-T Freehold Royalties Oil and Gas Producers Canada Stock 3.66   26.47 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
VET-T Vermilion Energy Inc. Oil and Gas Producers Canada Stock 3.5   -5.69 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
BMO-T Bank of Montreal Banks Canada Stock 3.49   7.42 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 - Canada Stock 3.48   12.12 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
TRP-T TransCanada Corp. Management and Diversified Canada Stock 3.44   -3.03 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 3.29   15.29 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 3.08   18.7 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CUF.UN-T Cominar REIT Property Mgmnt & Investment Canada Stock 3.04   -14.25 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
PPL-T Pembina Pipeline Corp. Oil Pipelines Canada Stock 3.04   5.04 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
GEI-T Gibson Energy Oil and Gas Field Services Canada Stock 2.94   2.91 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 September 22, 2017)

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 31, 2017 0.0500 0.0500 0.5500 11.110
Jul 31, 2017 0.0500 0.0500 0.5500 11.185
Jun 30, 2017 0.0500 0.0500 0.5500 11.175
May 31, 2017 0.0500 0.0500 0.5500 11.257
Apr 28, 2017 0.0500 0.0500 0.5500 11.474
Mar 31, 2017 0.0500 0.0500 0.5500 11.554
Feb 28, 2017 0.0500 0.0500 0.5500 11.550
Dec 30, 2016 0.0500 0.0500 0.6000 11.620
Nov 30, 2016 0.0500 0.0500 0.6200 11.239
Oct 31, 2016 0.0500 0.0500 0.6400 11.188
Sep 30, 2016 0.0500 0.0500 0.6600 11.263
Aug 31, 2016 0.0500 0.0500 0.6800 11.190
Jul 29, 2016 0.0500 0.0500 0.7000 11.164
Jun 30, 2016 0.0500 0.0500 0.7200 10.966
May 31, 2016 0.0500 0.0500 0.7400 10.925
Apr 29, 2016 0.0500 0.0500 0.7600 10.795
Mar 31, 2016 0.0500 0.0500 0.7800 10.627

Portfolio Manager(s)

John Priestman, BA

Guardian Capital LP.

Start Date: August, 2003

Fund Return: 9.20%

John Priestman is a Managing Director, Canadian Equity since 1985 and specializes in equity income mandates. Prior to joining Guardian Capital, John held many senior roles that included managing portfolios at the Hospitals of Ontario Pension Plan and Manager of Pension Trusts at Royal Trust Company. He began his career in 1969 with Bell Gouinlock as an investment dealer with responsibilities for bond trading and municipal underwriting.John graduated with a Bachelor of Arts (Economics) from the University of British Columbia in 1968.

View fund manager performance report

Dean Orrico

Middlefield Capital Corporation

Start Date: August, 2003

Fund Return: 9.20%

Dean C. Orrico is Managing Director and Chief Investment Officer of Middlefield Capital Corporation. Prior to joining Middlefield in 1996, he was an account manager with The Toronto-Dominion Bank responsible for the borrowing activities of a portfolio of commercial accounts.

View fund manager performance report