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Fund Price: $14.47 (as at July 26, 2017)  1-day chg: $.437 3.11%  YTD: -5.21%

Returns as at June 30, 2017

  Fund Group Avg Index*
1 Month -8.88% -0.60% 0.09%
3 Months -17.12% -1.79% -4.24%
6 Months -7.67% -1.35% -1.13%
1 Year 26.27% 7.60% 8.39%
2 Year Avg 43.04% 3.24% 6.94%
3 Year Avg 14.43% 0.23% -0.80%
4 Year Avg 19.95% 7.86% 7.37%
5 Year Avg - 8.56% 6.25%
10 Year Avg - 3.09% 2.50%
15 Year Avg - 7.45% 7.59%
20 Year Avg - 7.36% 6.57%
Since Inception 8.22% - -
 
2016 212.06% 19.88% 35.39%
2015 -15.42% -5.39% -13.75%
2014 -22.80% 2.80% -0.09%
 
3 year risk 43.77 11.35 14.16
3 year beta 2.32 0.60 1.00

*BMO Nesbitt Burns Cdn Small Cap Index

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the BMO Nesbitt Burns Cdn Small Cap Index.

Risk Measures as at June 30, 2017

Best/Worst 12 months (since inception)
Best (ending Jan 17): 288.54 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Sep 15): -51.77 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: 36 High

Fund Objectives

The investment objective of the Fund is to generate strong returns by investing in Canadian resource companies that offer attractive risk-reward characteristics. The Manager will invest primarily in junior and intermediate Canadian resource companies. The Manager will evaluate industry and company fundamentals to evaluate investment opportunities which offer the most attractive risk versus reward. Before an initial investment is made, a management interview is typically conducted to determine the important future drivers for Shareholder value creation. In addition to the issuers strategic corporate plan, the strength and weakness of the issuers management, board, and technical teams are assessed.

Fund Facts

Fund Sponsor: AlphaNorth Asset Management
Managed by: AlphaNorth Asset Management
Fund Type: MF Corp
Inception Date: February 2013
Asset Class: Canadian Small or Mid Cap Equity
Quartile Rank: 1 (3YR ending June 30, 2017)
Total Assets: $0.1 million
Mgmt Exp. Ratio (MER): 13.88%
Management Fee: 2.00%
Load Type: No Load
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:
Yes
Restriction:
Purchase via Canadian Brokerage only
 
 

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 July 26, 2017
1 Year Performance (%)
BBI-X Blackbird Energy - Canada Stock 15.27   40.82 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
GPY-X Golden Predator Mining Corp. - Canada Stock 9.56   29.55 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
NXE-T NexGen Energy - Canada Stock 8.23   31.58 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Auger Resources Ltd. Other Canada Stock 7.17   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
LLG-X Mason Graphite Inc. Other Mines Canada Stock 6.78   80.0 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Golden Predator Mining Corp Warrant - Canada Stock 6.76   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
ER-T Eastmain Resources Precious Metals Canada Stock 4.69   -48.33 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Citadel Gold Mines - Canada Stock 4.53   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
TXR-X Terrax Minerals - Canada Stock 4.32   -40.0 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CCB-X Canada Carbon Inc. - Canada Stock 4.18   -37.04 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Portfolio Manager(s)

Steven Palmer

AlphaNorth Asset Management

Start Date: February, 2013

Fund Return: 6.70%

Steven Palmer is the President, Chief Executive Officer and a director of the Manager. He also manages AlphaNorth Partners Fund Class A, AlphaNorth Partners Fund Class F. Mr. Palmer has been in the investment business since 1995. Most recently, from July 1998 to August 2007 he was employed at one of the worlds largest financial institutions as Vice President Canadian Equities where he managed the Canadian equity assets of approximately $350 million Mr. Palmer managed a pooled fund which focused on small capitalization companies from inception in August 1998 to August 2007 achieving returns that were ranked #1 in performance by a major fund ranking service in their small cap pooled fund category (35.8% annualized over 9 years as compared to 10.0% for S&P/TSX Composite Index and 13.0% for the BMO Weighted Small Cap Total Return Index) over the same period. Mr. Palmer also managed a large cap fund which ranked in the first quartile for the following time periods: 1 year, 2 year, 3 year, 4 year, 5 year and 10 year. Prior to this, from September 1997 to July 1998 Mr. Palmer was employed as a Portfolio Manager at a high net worth investment boutique. Mr. Palmer started his career in January 1995 as a Research Associate and progressed to Research Analyst. Mr. Palmer has a BA in Economics from the University of Western Ontario and is a Chartered Financial Analyst.

Also manages:AlphaNorth Partners Fund Class A

View fund manager performance report