- Morningstar RatingTM:
-
Series F 
(September 30, 2018) Series D (September 30, 2018) - Portfolio Managers:
- Date of Inception:
- October 24, 2009
- Fund Size:
- $71,035,596 (as of September 30, 2018)
- Minimum Initial Purchase:
- $5,000
- RRSP/TFSA/RRIF Eligibility:
- Yes
- Management Fee:
- 0.70%
- Trailer Fee:
-
-
0.00% (Series F)
0.30% (Series D) - Net Asset Value Per Unit:
-
Series F $33.66 CAD $25.69 USD Series D $33.69 CAD $25.71 USD - Fund Codes:
-
Series F NGM 370 (CAD) NGM 371 (USD) Series D NGM 372 (CAD) NGM 373 (USD) - Available Through an Advisor:
- Through registered dealers, FundSERV purchases only, with minimum initial investment of $5,000 and minimum subsequent investment of $1,000.
Investment Growth
Investment Strategy
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 U.S. companies, 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 | |
|---|---|---|---|---|
| U.S. Equity Advisor Fund Series F $CAD | 17.6% | 14.5% | 14.7% | 16.9% |
| U.S. Equity Advisor Fund Series D $CAD | 17.3% | 14.1% | 14.3% | 16.5% |
| S&P 500 Index $CAD | 22.3% | 17.5% | 16.1% | 19.3% |
Calendar Year Returns
| 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|
| U.S. Equity Advisor Fund Series F $CAD | 16.7% | 3.7% | 20.6% | 21.4% | 43.1% |
| U.S. Equity Advisor Fund Series D $CAD | 16.3% | 3.4% | 20.2% | 20.9% | 42.4% |
| S&P 500 Index $CAD | 13.8% | 8.6% | 21.0% | 24.0% | 41.5% |
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 U.S. Equity Advisor Fund Series F - Top Holdings
Portfolio Date: September 30, 2018
| Ticker | Portfolio Weight | |
|---|---|---|
| Cisco Systems | CSCO | 5.78% |
| Apple | AAPL | 4.49% |
| Intel | INTC | 3.79% |
| SolarEdge | SEDG | 3.00% |
| Pfizer | PFE | 2.95% |
| American Eagle Outfitters | AEO | 2.93% |
| Gilead Sciences Inc. | GILD | 2.59% |
| Amgen | AMGN | 2.57% |
| Applied Materials | AMAT | 2.57% |
| First Solar Inc. | FSLR | 2.54% |
North Growth U.S. Equity Advisor Fund Series F - 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.
Distribution History
| Series F | Series D | Series F | Series D | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Expressed in Canadian Dollars | As a Percentage of Unit Price | |||||||||
| Year | Date | FX Rate | Foreign Income | Capital Gain | Foreign Income | Capital Gain | Foreign Income | Capital Gain | Foreign Income | Capital Gain |
| 2017 | December 15 | 1.2834 | 0.3938 | 2.2331 | 0.2721 | 2.2331 | 1.12% | 6.36% | 0.78% | 6.37% |
| 2016 | December 15 | 1.3347 | 0.2563 | 0.3869 | 0.1683 | 0.3869 | 0.85% | 1.28% | 0.56% | 1.28% |
| 2015 | December 15 | 1.3738 | 0.0836 | 0.1678 | - | 0.1211 | 0.29% | 0.58% | - | 0.42% |
| 2014 | December 15 | 1.1656 | 0.0337 | 0.1759 | - | 0.0298 | 0.14% | 0.74% | - | 0.13% |
| 2013 | December 15 | 1.0636 | 0.0317 | 0.2684 | - | 0.1901 | 0.16% | 1.38% | - | 0.94% |