Morningstar Strategic Canadian Equity Fund Series F (CAD)
- Distribution Frequency: Annually
- Number of Holdings: 34
- Total Net Assets: C$36 M
REASONS TO OWN
The Morningstar Strategic Canadian Equity Fund invests in 30 to 40 highly liquid Canadian companies across the market capitalization spectrum using a disciplined rules-based process based on a combination of diversified factors such as value, quality, reasonable risk and momentum.
Features
- 100% pure Canadian equities
- Uses Morningstar’s suite of proprietary equity ratings and tools such as Morningstar CPMSTM
- All-cap in nature
- Displays attractive value and growth characteristics vs. S&P/TSX Composite
Benefits
- Highly repeatable investment process that is not skewed towards any one investment style being in/out of favor
- Can access opportunities across the market cap spectrum
- Can avoid expensive stocks and preserve capital in declining markets while also gaining exposure to faster growing businesses
Morningstar’s Michael Keaveney gives his assessment of quarterly performance.
Portfolio Sub-Advisors
Fundserv : BIP
| Fund Number | |||
|---|---|---|---|
| Series | Sales Option | C$ | 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 | 2.16 | 5.33 | 15.12 | 15.12 | 28.59 | 7.74 | 9.55 | ||
| S&P/TSX Composite Index | 2.48 | 8.54 | 17.28 | 17.28 | 33.85 | 10.80 | 10.44 | ||
| Calendar Year Performance (%) | *2016 | 2017 | 2018 | 2019 | 2020 | ||
|---|---|---|---|---|---|---|---|
| Morningstar Strategic Canadian Equity Fund | 5.15 | 14.67 | -10.92 | 19.70 | 4.56 | ||
| S&P/TSX Composite Index | 6.33 | 9.10 | -8.89 | 22.88 | 5.60 | ||
As of: June 30, 2021
$15,476.00GROWTH OF $10,000 SINCE INCEPTION
TOP 10 POSITIONS
| Security | |
|---|---|
| Nutrien Ltd. | 3.1 % |
| Cogeco Communications Inc | 3.1 % |
| Northland Power Inc. | 3.1 % |
| Alimentation Couche Tard | 3.0 % |
| TC Energy Corp | 3.0 % |
| Rogers Communications Inc. | 3.0 % |
| Toromont Industries Ltd | 2.9 % |
| Stantec | 2.9 % |
| Empire Company Ltd. | 2.9 % |
| George Weston Ltd. | 2.9 % |
| Top 10 Total | 29.9 % |
| Total # of Securities | 34 |
SECTOR EXPOSURE
| Sector | |
|---|---|
| Financials | 25.9 % |
| Industrials | 14.5 % |
| Communication Services | 9.0 % |
| Consumer Staples | 8.9 % |
| Materials | 8.9 % |
| Information Technology | 8.7 % |
| Energy | 8.6 % |
| Utilities | 5.9 % |
| Real Estate | 5.7 % |
| Consumer Discretionary | 2.9 % |
| Other | 1.2 % |
| Total | 100.0 % |
ASSET MIX
| Asset breakdown | |
|---|---|
| Canadian Equity | 98.8 % |
| Other | 1.2 % |
| Total | 100.0 % |
RELATED DOCUMENTS
Fund Commentary - Morningstar Strategic Canadian Equity Fund
News Release - Morningstar Strategic Canadian Equity Fund
Morningstar Investment Insights: 2020 U.S. Election Results and Our Immediate Views
Infographic (pdf) - Morningstar - 4 Ways To Use Strategic Canadian Equity Fund in a Portfolio
Infographic (pdf) - Morningstar - Introduction to the Strategic Canadian Equity Fund
Prospectus Documents (page)
Portfolio Listings - Morningstar Strategic Canadian Equity Fund 
Interim MRFP - Morningstar Strategic Canadian Equity Fund
MRFP - Morningstar Strategic Canadian Equity Fund
Monthly Profile Sheet – Morningstar Strategic Canadian Equity Fund – Series A
Monthly Profile Sheet– Morningstar Strategic Canadian Equity Fund – Series F
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., TD Asset Management 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.
