- Morningstar RatingTM:
-
Series F 
(January 31, 2019) Series D (January 31, 2019) - Portfolio Managers:
- Date of Inception:
- October 24, 2009
- Fund Size:
- $68,315,785 (as of January 31, 2019)
- 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 $32.84 CAD $24.94 USD Series D $32.95 CAD $25.02 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 | 6.2% | 12.5% | 11.2% | 13.5% |
| U.S. Equity Advisor Fund Series D $CAD | 5.9% | 12.2% | 10.9% | 13.1% |
| S&P 500 Index $CAD | 4.5% | 11.7% | 11.6% | 14.7% |
Calendar Year Returns
| 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|
| U.S. Equity Advisor Fund Series F $CAD | 2.7% | 16.7% | 3.7% | 20.6% | 21.4% |
| U.S. Equity Advisor Fund Series D $CAD | 2.4% | 16.3% | 3.4% | 20.2% | 20.9% |
| S&P 500 Index $CAD | 4.0% | 13.8% | 8.6% | 21.0% | 24.0% |
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 U.S. Equity Advisor Fund Series F - Top Holdings
Portfolio Date: January 31, 2019
| Ticker | Portfolio Weight | |
|---|---|---|
| Cisco Systems | CSCO | 5.16% |
| First Solar Inc. | FSLR | 4.01% |
| Celgene | CELG | 3.44% |
| Intel | INTC | 3.31% |
| Applied Materials | AMAT | 3.09% |
| American Eagle Outfitters | AEO | 3.08% |
| Ciena | CIEN | 2.59% |
| Gilead Sciences Inc. | GILD | 2.48% |
| Amgen | AMGN | 2.45% |
| Jabil | JBL | 2.38% |
North Growth U.S. Equity Advisor Fund Series F - Sectors
As of January 31, 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.
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 |
| 2018 | December 14 | 1.3379 | 0.15 | 2.18 | 0.05 | 2.18 | 0.47% | 6.66% | 0.16% | 6.66% |
| 2017 | December 15 | 1.2834 | 0.39 | 2.23 | 0.27 | 2.23 | 1.12% | 6.36% | 0.78% | 6.37% |
| 2016 | December 15 | 1.3347 | 0.26 | 0.39 | 0.17 | 0.39 | 0.85% | 1.28% | 0.56% | 1.28% |
| 2015 | December 15 | 1.3738 | 0.08 | 0.17 | - | 0.12 | 0.29% | 0.58% | - | 0.42% |
| 2014 | December 15 | 1.1656 | 0.03 | 0.18 | - | 0.03 | 0.14% | 0.74% | - | 0.13% |
| 2013 | December 15 | 1.0636 | 0.03 | 0.27 | - | 0.19 | 0.16% | 1.38% | - | 0.94% |