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Fund Price: $9.28 (as at September 20, 2017)  1-day chg: $-.0036 -0.04%  YTD: 2.93%

Returns as at August 31, 2017

  Fund Group Avg Index*
1 Month 1.14% 1.09% 1.09%
3 Months -1.48% -1.39% -1.45%
6 Months 1.89% 0.62% 0.59%
1 Year 4.35% -1.29% -1.34%
2 Year Avg 4.86% 1.46% 1.44%
3 Year Avg 4.48% 1.54% 1.61%
4 Year Avg 6.23% 2.62% 2.72%
5 Year Avg 5.58% 1.80% 1.82%
10 Year Avg - 3.48% 3.82%
15 Year Avg - 3.57% 3.93%
20 Year Avg - 4.06% 4.22%
Since Inception 3.95% - -
 
2016 6.25% 1.59% 1.44%
2015 3.20% 0.83% 0.97%
2014 8.64% 6.24% 6.39%
 
3 year risk 3.91 3.90 3.29
3 year beta 1.01 1.00 1.00

*Globe Canadian Fixed Income Peer Index

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the Globe Canadian Fixed Income Peer Index.

Risk Measures as at August 31, 2017

Best/Worst 12 months (since inception)
Best (ending Aug 14): 11.65 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Mar 12): -3.97 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: 4 High

Fund Objectives

This fund seeks to achieve a high level of income and capital gains from an actively managed portfolio comprised primarily of securities of Canadian issuers, including preferred shares, investment grade bonds, convertible bonds, real estate investment trusts ("REITs") and high yield bonds. The fund may also invest in comparable securities of foreign issuers. We will not change the investment objectives of the fund without the approval of a majority of unitholders.

Fund Facts

Fund Sponsor: Ridgewood Capital Asset Management Inc.
Managed by: Ridgewood Capital Asset Management Inc.
Fund Type: MF Trust
Inception Date: March 2011
Asset Class: Canadian Fixed Income
Quartile Rank: 1 (3YR ending August 31, 2017)
Total Assets: N/A
Mgmt Exp. Ratio (MER): -
Management Fee: 1.25%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
-
Subsequent:
-
Min. Invest (initial RRSP):
-
Subsequent RRSP:
-
Closed:
No
Restricted:
Yes
Restriction:
Restricted to Ridgewood clients
 
 

Asset Allocation December 31, 2016

Bond Type December 31, 2016

Bond Term 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 20, 2017
1 Year Performance (%)
  Gov't of Canada, 2.75%, DEC/01/48 Bond 10.14   9.25 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Mattamy Group, 6.50%, NOV/15/20 Bond 6.95   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gateway Casinos Income Fund, 8.50%, NOV/26/20 Bond 5.04   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  River Cree Enterprises, 11.00%, JAN/20/21 Bond 4.91   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Bombardier Inc 8.750% 01-Dec-2021 Bond 4.83   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Mattamy Group, 6.88%, NOV/15/20 Bond 4.72   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  TransAlta Corp., 7.30%, OCT/22/29 Bond 4.58   -30.0 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Transalta Corp 6.900% 15-Nov-2030 Bond 4.52   - 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 4.26   -1.0 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Sobeys Inc., 6.64%, JUN/07/40 Bond 4.17   -9.91 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 20, 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 0.0400 0.0400 0.4390 9.388
Jul 31, 2017 0.0400 0.0400 0.4290 9.321
Jun 30, 2017 0.0400 0.0400 0.4190 9.531
May 31, 2017 0.0400 0.0400 0.4090 9.650
Apr 28, 2017 0.0400 0.0400 0.3990 9.600
Mar 31, 2017 0.0400 0.0400 0.3890 9.460
Feb 28, 2017 0.0400 0.0400 0.3790 9.449
Jan 31, 2017 0.0400 0.0400 0.3690 9.313
Dec 19, 2016 0.0590 0.0590 0.3590 9.201
Nov 30, 2016 0.0300 0.0300 0.3000 9.301
Oct 31, 2016 0.0300 0.0300 0.3000 9.383
Aug 31, 2016 0.0300 0.0300 0.3300 9.425
Jul 29, 2016 0.0300 0.0300 0.3300 9.339
Jun 30, 2016 0.0300 0.0300 0.3300 9.256
May 31, 2016 0.0300 0.0300 0.3300 9.135
Apr 29, 2016 0.0300 0.0300 0.3300 9.008
Mar 31, 2016 0.0300 0.0300 0.3300 9.008

Portfolio Manager(s)

Mark J Carpani, CFA

Ridgewood Capital Asset Management Inc.

Start Date: April, 2011

Fund Return: 3.95%

View fund manager performance report

Paul Meyer

Ridgewood Capital Asset Management Inc.

Start Date: April, 2011

Fund Return: 3.95%

Paul Meyer is Managing Director and a founding partner at Ridgewood; additionally, he serves as President, CFO and Chief Investment Officer. Mr. Meyer leads both the equity and fixed income investment teams and has 20 years investment experience. Prior to joining Ridgewood in September 2008, Mr. Meyer was VP Equities at Mulvhill Capital Management Inc. ("MCM") where he led the equity team. Prior to MCM, he was an equity analyst at CT Investment Counsel Inc. Mr. Meyer is a CFA charterholder.

View fund manager performance report