The objective of the Fund is to achieve consistent, superior, long term returns 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.
Performance
Annualized Trailing Returns
1 Year
2 Years
3 Years
5 Years
Canadian Equity Fund Series N $CAD
12.4%
18.4%
14.7%
9.9%
S&P TSX Index $CAD
5.9%
7.5%
9.7%
7.8%
Calendar Year Returns
2017
2016
2015
2014
2013
Canadian Equity Fund Series N
$CAD
29.9%
3.1%
-12.2%
19.4%
44.3%
S&P TSX Index
$CAD
9.1%
21.1%
-8.4%
10.6%
13.0%
The Fund’s detailed performance record can be viewed by visiting the Tables Page and the Charts Page.
Fund Holdings and Equity Sector Weights
North Growth Canadian Equity Fund - Top Holdings
Portfolio Date: September 30, 2018
Ticker
Portfolio Weight
Ballard Power
BLDP
14.08%
Bombardier Cl B
BBD.B
7.07%
Sierra Wireless
SW
5.97%
Open Text Corp.
OTEX
5.02%
Maxar Technologies
MAXR
5.00%
Heroux-Devtek
HRX
4.76%
CAE Inc.
CAE
4.73%
ATS Automation Tooling Systems
ATA
4.72%
EXFO Inc.
EXF
4.67%
Hydrogenics
HYG
3.05%
Source: North Growth Management
North Growth Canadian Equity Fund - Sectors
As of September 30, 2018
Tax Information
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.