Morningstar Strategic Canadian Equity Fund Series F (CAD)
- Distribution Frequency: Annually
- Number of Holdings: 30
- Total Net Assets: C$36 M
REASONS TO OWN
Features
- 100% pure Canadian equities
- Uses Morningstar’s suite of proprietary equity ratings and tools such as Morningstar CPMSTM
- All-cap in nature
- Displays attractive value and growth characteristics vs. S&P/TSX Composite
Benefits
- Highly repeatable investment process that is not skewed towards any one investment style being in/out of favor
- Can access opportunities across the market cap spectrum
- Can avoid expensive stocks and preserve capital in declining markets while also gaining exposure to faster growing businesses
Portfolio Sub-Advisors
Fundserv : BIP
| Fund Number | |||
|---|---|---|---|
| Series | Sales Option | C$ | US$ |
| A | SC | 480 | - |
| F | - | 481 | - |
Inception: September 16 2016|Series F (CAD)|MER: 0.85 %PERFORMANCE: Series F (CAD)
| Annualized Performance (%) | 1-Mth | 3-Mth | 6-Mth | YTD | 1-Yr | 3-Yr | Since Incept. | ||
|---|---|---|---|---|---|---|---|---|---|
| Morningstar Strategic Canadian Equity Fund | -0.53 | -0.19 | 1.69 | 16.42 | 10.19 | 7.45 | 7.41 | ||
| S&P/TSX Composite Index | -0.86 | 1.25 | 0.97 | 18.08 | 13.25 | 6.84 | 7.34 | ||
| Calendar Year Performance (%) | *2016 | 2017 | 2018 | ||
|---|---|---|---|---|---|
| Morningstar Strategic Canadian Equity Fund | 5.15 | 14.67 | -10.92 | ||
| S&P/TSX Composite Index | 6.33 | 9.10 | -8.89 | ||
As of: October 31, 2019
$12,501.00GROWTH OF $10,000 SINCE INCEPTION
TOP 10 POSITIONS
| Security | |
|---|---|
| Toromont Industries Ltd | 3.5 % |
| Cogeco Communications Inc | 3.5 % |
| Northland Power Inc. | 3.5 % |
| CIBC | 3.4 % |
| National Bank of Canada | 3.4 % |
| Cash & Cash Equivalent | 3.4 % |
| Canadian Pacific Railway Limited | 3.4 % |
| Enbridge Inc. | 3.4 % |
| Sun Life Financial Inc | 3.4 % |
| Bank of Montreal | 3.4 % |
| Top 10 Total | 34.3 % |
| Total # of Securities | 30 |
SECTOR EXPOSURE
| Sector | |
|---|---|
| Financials | 26.8 % |
| Industrials | 19.9 % |
| Communication Services | 9.9 % |
| Energy | 9.9 % |
| Utilities | 6.6 % |
| Information Technology | 6.6 % |
| Consumer Staples | 6.5 % |
| Consumer Discretionary | 3.9 % |
| Materials | 3.4 % |
| Real Estate | 3.2 % |
| Other | 3.4 % |
| Total | 100.0 % |
ASSET MIX
| Asset breakdown | |
|---|---|
| Canadian Equity | 93.3 % |
| Global Equity | 3.3 % |
| Other | 3.4 % |
| Total | 100.0 % |
RELATED DOCUMENTS
Performance is shown for the class selected. The foregoing reflects the thoughts and opinions of Brandes Investment Partners & Co., operating as Bridgehouse Asset Managers™ exclusively and is subject to change without notice. Bridgehouse has taken reasonable steps to provide current, accurate information from sources believed to be reliable however Bridgehouse is not responsible for any errors or omissions contained herein. As manager of the Bridgehouse Funds, Bridgehouse has hired Brandes Investment Partners, L.P., Sionna Investment Managers Inc., Greystone Managed Investments Inc., and Lazard Asset Management, Inc. as portfolio sub-advisors in respect of the Bridgehouse Funds. Units of the Bridgehouse Funds are available through registered dealers only. Indexes are unmanaged and cannot be directly invested into. Securities mentioned herein are not to be construed as a recommendation to buy or sell. 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 securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Performance is net of fees.
