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Fund Price: $9.89 (as at October 23, 2017)  1-day chg: $-.093 -0.93%  YTD: -0.30%

Returns as at September 30, 2017

  Fund Group Avg Index*
1 Month -1.27% 2.51% 3.06%
3 Months -4.85% 1.98% 2.55%
6 Months 2.13% 6.72% 7.58%
1 Year 2.94% 11.93% 17.05%
2 Year Avg -10.57% 5.05% 8.78%
3 Year Avg -8.49% 6.89% 8.97%
4 Year Avg -1.15% 7.33% 10.60%
5 Year Avg 6.50% 10.94% 14.33%
10 Year Avg 0.95% 2.18% 4.06%
15 Year Avg - 6.33% 7.51%
20 Year Avg - 3.47% 5.25%
Since Inception 0.99% - -
 
2016 -18.05% -5.88% -3.24%
2015 2.49% 16.83% 17.12%
2014 1.60% -1.60% 2.82%
 
3 year risk 16.44 12.86 12.38
3 year beta 0.93 0.83 1.00

*MSCI Europe ($ Cdn)

Growth of $10,000

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

Risk Measures as at September 30, 2017

Best/Worst 12 months (since inception)
Best (ending May 13): 56.83 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Nov 08): -46.03 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: 16 High

Fund Objectives

The Fund's objective is to provide long-term growth of capital by investing primarily in the securities markets of Europe considered by the Manager to be undervalued. Investments may be made in securities markets outside of Europe. Investments may include common and preferred shares, convertible debentures, warrants, government and corporate bonds and short-term indebtedness. 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: European Equity
Quartile Rank: 4 (3YR ending September 30, 2017)
Total Assets: $0.9 million
Mgmt Exp. Ratio (MER): 1.31%
Management Fee: 1.00%
Load Type: Front End
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$5,000
Subsequent:
$500
Min. Invest (initial RRSP):
-
Subsequent RRSP:
-
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation June 30, 2017

Equity Sector Weightings 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 (%)
- Intralot Integrated Lottery Systems And - - Stock 9.83   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Eurobank Ergasias SA Ord - - Stock 9.51   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Next PLC Ord - - Stock 9.03   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
ENDP-Q Endo International plc Biotechnology & Pharmaceuticals United States Stock 8.93   -64.06 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Bank Of Ireland (Gov & Co) Banks Ireland Stock 8.93   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Otcpharm Pao Ord - United States Stock 6.29   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Abbey PLC Ord - United States Stock 5.07   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Portfolio Manager(s)

Francis Chou

Chou Associates Management Inc.

Start Date: September, 2005

Fund Return: 2.50%

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

View fund manager performance report