The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

Fund Price: $6.39 (as at September 20, 2017)  1-day chg: $.0296 0.47%  YTD: 3.39%

Returns as at August 31, 2017

  Fund Group Avg Index*
1 Month 0.44% 0.14% 0.67%
3 Months -0.04% -1.31% -0.15%
6 Months 1.08% 0.41% 0.28%
1 Year 8.50% 6.26% 7.23%
2 Year Avg 8.93% 5.57% 7.96%
3 Year Avg 2.95% 2.41% 2.10%
4 Year Avg 9.46% 6.99% 7.85%
5 Year Avg 10.05% 8.64% 8.13%
10 Year Avg - 3.17% 4.10%
15 Year Avg - 6.52% 8.54%
20 Year Avg - 5.97% 6.74%
Since Inception 6.02% - -
 
2016 16.77% 11.64% 21.08%
2015 -0.21% -2.75% -8.32%
2014 5.98% 9.04% 10.55%
 
3 year risk 7.42 8.42 7.65
3 year beta 0.80 0.81 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 Jun 14): 31.93 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending May 12): -10.83 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: 7 High

Fund Objectives

The primary objectives of the Fund are to provide: (i) long-term capital growth; (ii) an attractive and steady stream of income; and (iii) deliver trading-enhanced returns. The Fund invests in a portfolio of primarily Canadian income-paying securities, such as equity securities of large-capitalization Canadian issuers that pay dividends or selected debt obligations that pay interest.

Fund Facts

Fund Sponsor: Palos Management Inc
Managed by: Palos Management Inc
Fund Type: MF Trust
Inception Date: November 2007
Asset Class: Canadian Focused Equity
Quartile Rank: 2 (3YR ending August 31, 2017)
Total Assets: N/A
Mgmt Exp. Ratio (MER): 2.55%
Management Fee: 1.50%
Load Type: Front End
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$1,000
Subsequent:
$500
Min. Invest (initial RRSP):
$1,000
Subsequent RRSP:
$500
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 September 21, 2017
1 Year Performance (%)
BNS-T Bank of Nova Scotia - Canada Stock 3.85   12.16 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 3.36   19.23 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 3.22   15.48 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
VSN-T Veresen Inc. Gas Pipelines Canada Stock 2.37   41.45 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
KEY-T Keyera Corp. Oil and Gas Producers Canada Stock 2.36   -5.45 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
LUN-T Lundin Mining Metal Mines Canada Stock 2.1   68.92 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  DHX Media, 5.88%, DEC/02/21 Bond 2.03   -1.0 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CCL.B-T CCL Industries Packaging and Containers Canada Stock 2.0   19.29 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
ALA-T AltaGas Ltd. - Canada Stock 1.91   -14.93 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 21, 2017)

Frequency of Income Distributions: Quarterly

Frequency of Capital Gain Distributions: Quarterly

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Jun 30, 2017 0.1000 0.1000 0.4000 6.278
Mar 31, 2017 0.1000 0.1000 0.4000 6.383
Dec 30, 2016 0.1000 0.1000 0.5000 6.378
Sep 30, 2016 0.1000 0.1000 0.6000 6.185
Jun 30, 2016 0.1000 0.1000 0.7000 5.936
Mar 31, 2016 0.2000 0.2000 0.8000 5.777

Portfolio Manager(s)

Charles Marleau

Palos Management Inc

Start Date: February, 2011

Fund Return: 6.02%

View fund manager performance report