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Fund Price: $6.71 (as at October 23, 2017)  1-day chg: $-.0217 -0.32%  YTD: 0.75%

Returns as at September 30, 2017

  Fund Group Avg Index*
1 Month 1.08% 0.05% 0.13%
3 Months 1.84% 0.12% -0.76%
6 Months -0.70% 1.01% -0.23%
1 Year 11.76% 1.86% 1.26%
2 Year Avg 3.91% 4.22% 4.65%
3 Year Avg -4.24% 2.92% 8.18%
4 Year Avg -1.37% 4.11% 9.84%
5 Year Avg 2.34% 4.20% 10.08%
10 Year Avg 1.69% 4.16% 6.62%
15 Year Avg - 4.66% 5.04%
20 Year Avg - - -
Since Inception - - -
 
2016 12.62% 4.29% 1.03%
2015 -19.00% 0.73% 17.76%
2014 0.74% 6.22% 11.83%
 
3 year risk 14.81 5.07 8.11
3 year beta -0.31 0.33 1.00

*Blend: 40% MSCI World, 60% BC Glo Agg

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the Blend: 40% MSCI World, 60% BC Glo Agg.

Risk Measures as at September 30, 2017

Best/Worst 12 months (since inception)
Best (ending Mar 10): 100.22 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Feb 09): -50.28 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: 15 High

Fund Objectives

The Fund's objective is to provide conservation of principal and income production with capital appreciation as a secondary consideration. The Fund invests primarily in Canadian and US fixed income instruments. These fixed income instruments include, but are not limited to Government of Canada, provincial, municipal and corporate issues, including convertibles and high yield fixed income instruments. Investments may be made in fixed income instruments outside of Canada and U.S. The fundamental investment objectives of the Fund may only be changed with the approval of the holders of a majority of the units of the Fund given at a meeting called for that purpose.

Fund Facts

Fund Sponsor: Chou Associates Management Inc.
Managed by: Chou Associates Management Inc.
Fund Type: MF Trust
Inception Date: August 2005
Asset Class: Global Fixed Income Balanced
Quartile Rank: 4 (3YR ending September 30, 2017)
Total Assets: N/A
Mgmt Exp. Ratio (MER): 1.41%
Management Fee: 1.00%
Load Type: Optional
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$5,000
Subsequent:
$500
Min. Invest (initial RRSP):
$5,000
Subsequent RRSP:
$500
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation June 30, 2017

Bond Type June 30, 2017

Fund Geography June 30, 2017

Top Holdings as at June 30, 2017

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at October 23, 2017
1 Year Performance (%)
  Fortress Paper Ltd 6.500% 31-Dec-2019 Bond 11.26   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Atlanticus Holdings Corp., 5.88%, NOV/30/35 Bond 10.05   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Other Other 9.63   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
SD-N SandRidge Energy - United States Stock 9.04   -26.19 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Ascent Capital Group Inc 4.000% 15-Jul-2 Bond 7.38   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
WOW.A-X Wow Unlimited Media - Canada Stock 6.03   232.0 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  VRX Escrow, 6.13%, APR/15/25 Bond 5.79   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
RFP-N Resolute Forest Products East Coast Forestry United States Stock 5.78   28.26 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Ukrlandfarming 10.88% 03/26/18 Sr: Bond 5.25   - 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 23, 2017)

Frequency of Income Distributions: Annually

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Dec 30, 2016 0.5496 0.5496 0.5496 6.656

Portfolio Manager(s)

Francis Chou

Chou Associates Management Inc.

Start Date: September, 2005

Fund Return: 4.94%

Also manages:Chou Asia Series A, Chou Associates Series A, Chou Europe Series A, Chou RRSP Series A

View fund manager performance report