INVESTMENT DISCIPLINE

Noah Blackstein targets companies with high revenue and earnings growth (EPS growth in high teens or better). His conviction-fuelled security selection process determines sector and country allocations.

David Fingold employs a deliberately different, disciplined and opportunistic approach to investing and targets companies with high free cash flow generation, dividend growth and strong balance sheets.

Dana Love uses a business owner approach and invests only when the market price deviates from a reasonable estimate of intrinsic value.

Ryan Nicholl and Tom Dicker uses bottom-up fundamental research to find businesses with sustainable competitive advantages and proven cash flow-generating abilities.

The Oversight Committee is responsible for monitoring at both the manager level and the overall Pool level.

PORTFOLIO MANAGEMENT

LITERATURE

PERFORMANCE

CALENDAR RETURNS (%) As at 02/29/2024

YTD20232022202120202019201820172016
10.517.8-23.810.439.023.7-1.625.8-1.5

COMPOUND RETURNS (%) As at 02/29/2024

1 month3 months6 months1 year3 years5 years10 yearsInception
6.811.813.622.72.311.310.5

ASSET
ALLOCATION

As at 02/29/2024

valueholding
61.2%Common Stocks-US
34.5%Common Stocks-Foreign
2.6%Cash, Short-Term Investments & Other Net Assets
1.7%Common Stocks-CDN

GEOGRAPHIC
ALLOCATION

As at 02/29/2024

valueholding
61.2%United States
20.1%Continental Europe
9.6%Emerging Markets
2.5%United Kingdom
2.3%Japan
1.7%Canada

SECTOR
ALLOCATION

As at 02/29/2024

valueholding
29.6%Information Technology
15.8%Consumer Discretionary
13.7%Financials
13.3%Health Care
9.4%Industrials
6.5%Communication Services
3.7%Consumer Staples
2.2%Materials
1.5%Energy
0.9%Real Estate
0.8%Utilities

TOP EQUITY HOLDINGS (%)

As at 02/29/2024

Microsoft Corporation3.6
Visa Inc., Class "A"3.3
Elevance Health Inc.2.6
Novo Nordisk A/S, ADR2.4
Nova Measuring Instruments Ltd.2.1
Amazon.com, Inc.2.1
Alphabet Inc., Class "A"1.9
ServiceNow, Inc.1.8
CrowdStrike Holdings, Inc., Class "A"1.7
Mastercard Incorporated, Class "A"1.7
Total allocation in top holdings23.2

HISTORICAL DISTRIBUTIONS ($/unit)

2024
Feb
2024
Jan
DecNovOctSepAugJulJunMayAprMar
0.0001

DYNAMIC PREFERRED PRICING

Management fee rates are applied back to dollar one

Fund Value %
$0K - $250K0.750
$250K - $1M0.650
$1M - $5M0.575
$5M+0.525
Notes
  • 1. For the period ended 2023-06-30.
  • 2. Risk rating measures the degree of uncertainty that an investor can handle regarding fluctuations in the value of their portfolio. The amount of risk associated with any particular investment depends largely on your own personal circumstances including your time horizon, liquidity needs, portfolio size, income, investment knowledge and attitude toward price fluctuations. Investors should consult their financial advisor before making a decision as to whether this pool is a suitable investment for them.
Disclaimer
      • . Commissions, trailing commissions, management fees and expenses all may be associated with investments in pools. Please read the prospectus before investing.
      • . The indicated rates of return are the historical annual compounded total returns including changes in units [share] value and reinvestment of all distributions [dividends] and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. The rates of return are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values of the pool or returns on investment in the pool. Investments in pools are not guaranteed, their values change frequently and past performance may not be repeated.
      • . Compound growth calculations are used only for the purpose of illustrating the effects of compound growth and are not intended to reflect future value of any mutual fund or returns on investment in any mutual fund.
          Dynamic Fund Profile rendered at 2024-03-29 12:26:17 PM
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