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.
Performance
Annualized Trailing Returns
1 Year
2 Years
3 Years
5 Years
Canadian Equity Fund Series N $CAD
-3.0%
4.4%
10.8%
5.4%
S&P TSX Index $CAD
7.1%
6.5%
7.4%
5.3%
Calendar Year Returns
2018
2017
2016
2015
2014
Canadian Equity Fund Series N
$CAD
-17.8%
29.9%
3.1%
-12.2%
19.4%
S&P TSX Index
$CAD
-8.9%
9.1%
21.1%
-8.4%
10.6%
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, 2019
Ticker
Portfolio Weight
Ballard Power
BLDP
10.08%
CAE Inc.
CAE
7.05%
Open Text Corp.
OTEX
6.41%
Heroux-Devtek
HRX
6.13%
ATS Automation Tooling Systems
ATA
4.97%
EXFO Inc.
EXF
4.28%
Bombardier Cl B
BBD.B
4.23%
Sierra Wireless
SW
3.76%
Zymeworks Inc
ZYME
3.74%
Westjet Airlines
WJA
3.58%
Source: North Growth Management
North Growth Canadian Equity Fund - Sectors
As of September 30, 2019
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.