- Morningstar RatingTM:
Series F (December 31, 2019) Series D (December 31, 2019)
- Portfolio Manager:
- Date of Inception:
- June 15, 2012
- Fund Size:
- $47,553,847 (as of December 31, 2019)
- Minimum Initial Purchase:
- $5,000 per account
- RRSP/TFSA/RRIF Eligibility:
- Management Fee:
- Trailer Fee:
- 0.00% (Series F)
- 0.30% (Series D)
- Net Asset Value Per Unit:
Series F $24.05 CAD (as of January 20, 2020) Series D $24.30 CAD (as of January 20, 2020)
- Fund Codes:
Series F NGM 270 (CAD) Series D NGM 272 (CAD)
- Available Through an Advisor:
- Through registered dealers, FundSERV purchases only, with minimum initial investment of $5,000 and minimum subsequent investment of $1,000.
The objective of the Fund is to achieve long term growth and capital appreciation according to our “Growth at a Reasonable Price” philosophy. The Fund invests in equity securities of Canadian based corporations, avoiding the tobacco and oil and gas industries. On occasion, Treasury bills or short-term cash equivalents may be held.
Annualized Trailing Returns
|1 Year||2 Years||3 Years||5 Years|
|Canadian Equity Fund Series F $CAD||37.9%||6.7%||14.0%||6.1%|
|Canadian Equity Fund Series D $CAD||37.5%||6.3%||13.7%||5.8%|
|S&P TSX Index $CAD||22.9%||5.8%||6.9%||6.3%|
Calendar Year Returns
|Canadian Equity Fund Series F $CAD||37.9%||-17.5%||30.2%||3.3%||-12.0%|
|Canadian Equity Fund Series D $CAD||37.5%||-17.8%||29.8%||3.0%||-12.4%|
|S&P TSX Index $CAD||22.9%||-8.9%||9.1%||21.1%||-8.4%|
Fund Holdings and Equity Sector Weights
North Growth Canadian Equity Fund - Top Holdings
Portfolio Date: December 31, 2019
|Open Text Corp.||OTEX||6.11%|
|ATS Automation Tooling Systems||ATA||5.30%|
|Bombardier Cl B||BBD.B||4.11%|
North Growth Canadian Equity Fund - Sectors
As of December 31, 2019
The Fund’s realized income and capital gains are accumulated throughout the year and distributed on a pro rata basis on December 15th. All the distribution details for tax purposes are printed on T-3 slips, and unitholders of the Fund receive their T-3 tax slips by mail near the end of January of the following year.
|Capital Gain,Expressed in Canadian Dollars||Capital Gain, As a Percentage of Unit Price|
|Year||Date||Series F||Series D||Series F||Series D|
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
The Investment Growth chart and Performance returns are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values of the investment fund or returns on investment in the investment fund.
The Morningstar Rating reflects how a fund has performed on a risk-adjusted basis against its Morningstar category peers and is subject to change every month. Funds are ranked by their Morningstar Risk-Adjusted Return scores with the top 10% of funds in a category receiving 5 stars, the next 22.5% receiving 4 stars, a fund in the middle 35% receiving 3 stars, a fund in the next 22.5% receiving 2 stars and a fund in the bottom 10% receiving 1 star. Funds are rated for up to three time periods: 3, 5 and 10 years. These ratings are combined to provide an Overall Star Rating for a fund. Overall ratings are adjusted where a fund has less than 5 or 10 years of history. For further details see www.morningstar.ca.