Morningstar Strategic Canadian Equity Fund Interactive Infographic

4
ways to use MORNINGSTAR STRATEGIC CANADIAN EQUITY FUND in a portfolio
As a Core Canadian Equity Holding
Style Trail
100% Canada
30 – 40 stocks, all-cap
Disciplined, rules-based process
The information contained herein is subject to important disclosures and disclaimers contained in the Disclosure Statement on the last page of this digital infographic. This data is not complete without such Disclosure Statement.
To Complement Benchmark- Oriented Strategies
High Active Share of 70%
70%Different from S&P/TSX
Composite Index
30%
Similar to S&P/TSX Composite Index
The information contained herein is subject to important disclosures and disclaimers contained in the Disclosure Statement on the last page of this digital infographic. This data is not complete without such Disclosure Statement.
To Reduce Risk
Drawdown Analysis (Oct 2016 to Sep 2018)

55.4% down-market capture

Sep 2016
Dec 2016
Mar 2017
Jun 2017
Sep 2017
Dec 2017
Mar 2018
Jun 2018
Sep 2018
Morningstar Strategic Canadian Equity Fund (F)
S&P/TSX Composite Index
The information contained herein is subject to important disclosures and disclaimers contained in the Disclosure Statement on the last page of this digital infographic. This data is not complete without such Disclosure Statement.
As an Alpha Generator
Performance Since Inception (Sep 16, 2016 to Sep 30, 2018)
Morningstar
Strategic Canadian Equity Fund (F)
9.54%
S&P/TSX
Composite Index
8.26%
The information contained herein is subject to important disclosures and disclaimers contained in the Disclosure Statement on the last page of this digital infographic. This data is not complete without such Disclosure Statement.
Strong Performance
(%, net of fees, $CAN)
3 Months YTD 1 Year 2 Years Since Inception
(Sep 16/2016)
Morningstar Strategic Canadian Equity Fund (Series F) -2.68 -0.11 3.17 9.37 9.54
S&P/TSX Composite Index -0.57 1.36 5.87 7.52 8.26
Excess Return (bps) -211 -147 -270 +185 +128
Quartile Ranking vs. Peer Group* 4 3 3 1 1
Source: Bridgehouse and Morningstar as at September 30, 2018. *Peer Group is Canadian Equity.
The information contained herein is subject to important disclosures and disclaimers contained in the Disclosure Statement on the last page of this digital infographic. This data is not complete without such Disclosure Statement.
Impressive Combination of Quality and Value
Characteristics S&P/TSX Composite Index Morningstar Strategic Canadian Equity Fund
Average Return on Equity for Last 5 Years 13.4% 18.9%
Latest Reported Return on Equity 13.8% 20.4%
Price to Trailing Earnings 16.2x 12.3x
Price Change from Month End 9 Months Ago -0.7% -2.2%
EPS Estimate Revision 3 Months 1.3% 1.4%
Quarterly Earnings Momentum 6.6% 7.0%
Reinvestment Rate on Consensus 9.6% 15.1%
Total Yield (expected yield + shareholder buyback yield) 0.6% 1.1%
Source: CPMS as at September 30, 2018.
The information contained herein is subject to important disclosures and disclaimers contained in the Disclosure Statement on the last page of this digital infographic. This data is not complete without such Disclosure Statement.
Low Fees*
(Series F MERs as at Sep 30, 2018)
0.85%
18bps LESS
1.03%
Source: Bridgehouse and Morningstar. *Lower fees than median Canadian peer equity fund.
The information contained herein is subject to important disclosures and disclaimers contained in the Disclosure Statement on the last page of this digital infographic. This data is not complete without such Disclosure Statement.

DISCLOSURE STATEMENT. Bridgehouse Asset Managers® is a trade name of Brandes Investment Partners & Co. (Bridgehouse). Brandes Investment Partners® is a registered trademark of Brandes Investment Partners, L.P. (Brandes LP), which is an affiliate of Bridgehouse. Bridgehouse and Morningstar have taken reasonable steps to provide accurate and current data. The data has been gathered from sources believed to be reliable, however Bridgehouse and/or Morningstar are not responsible for any errors or omissions contained herein. As the manager of the Bridgehouse Funds, Bridgehouse has hired Morningstar Associates Inc. (Morningstar) as portfolio sub-advisor in respect of certain of the Bridgehouse Funds. Indices are unmanaged and cannot be directly invested into. Past performance is not a reliable indicator of future results. The performance data shown represents Series F units only of the Bridgehouse Funds. The performance of other series of units will differ due to different inception dates, fees and expenses and other factors. This material has been provided by Bridgehouse and is for informational purposes only. It should not be construed as a recommendation to buy or sell. Units and shares of the Bridgehouse Funds are available through registered dealers only and are not available through Bridgehouse. 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.

Published October 2018.