Fund Manager
Front Street Canadian Equity Fund Watch Video
**Note: this fund is a result of a merger of the former funds: Front Street Canadian Equity Fund Class and Front Street Equity Opportunities Fund. Please visit their respective web pages for historical information.**
Objective: Long-term capital growth is achieved through the selection, management and strategic trading of long and short positions in equity, debt and derivative securities. The portfolio will consist of investments that generate capital gains, but will also include investments that generate income.
The Fund will invest primarily in Canadian equities and may focus its assets in specific industry sectors and asset classes based on analysis of business cycles, industry sectors and market outlook. The Fund may also invest in foreign equities. Non-investment factors will also be considered, such as cash flow and liquidity requirements, hold periods and restrictions, risk factors, stop-loss containment and tax efficient distributions.
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Target Investor
Asset Class
Assets Under Management (AUM)
Inception Date
Minimum Initial Investment
Investment Sector
| Latest 02.06.12 | Previous 02.03.12 | Change ($) | Month's End 01.31.12 | Month-to-Date | |
|---|---|---|---|---|---|
| Series A | $9.4387 | $9.4891 | -0.0504 | $9.3060 | +1.4% |
| Series B | $9.4346 | $9.4849 | -0.0503 | $9.3019 | +1.4% |
| Series F | $9.1728 | $9.2209 | -0.0481 | $9.0423 | +1.4% |
| Series X | $9.4387 | $9.4891 | -0.0504 | $9.3060 | +1.4% |
Value Added Monthly Index (VAMI) Since Inception
| 1 month | 6 months | Year-to-Date | CAGR |
1 year |
|---|---|---|---|---|
| 6.2% | -15.5% | 6.2% | 8.4% | -25.0% |
The final NAV for the Performance Fund II: $6.5556
The NAV for the Front Street Canadian Equity Fund as at March 2nd, 2009: $6.4996
The exchange Ratio: $1.008616
Sector Allocation
as at 09/30/11
Top Ten Holdings
as at 09/30/11; listed alphabetically
BORALEX INC
C&C ENERGIA LTD
CANYON SERVICES GRP
CREW ENERGY
DESCARTES SYSTEMS
FLINT ENERGY SERV
LONGVIEW OIL CORP
STRAD ENERGY SERVCS
WI LAN INC
XTREME COIL DRILLING
Fund Notes:
INVESTMENT “SWITCHABILITY”:
Tax-exempt investment switching with other Front Street Mutual Funds Ltd. funds, allowing for changes to sector focus, without penalty.
Investment Switch-Compatible: Front Street Resource Fund, Front Street Diversified Income Fund, Front Street Small Cap Fund, Front Street Special Opportunities Fund, and Front Street Money Market Fund.
Press Releases
Fund Codes & Trading Symbols
Class A -FSC 410 (LL)
Class B -FSC 411 (FE)
Class F -FSC 412 (NL)
Class X -FSC 413 (Formerly Series A)
* Performance and NAV information provided is unaudited, and net of all fees and expenses.
- On October 31, 2008, the Front Street Equity Opportunities Fund, a class of shares of Front Street Opportunity Funds Ltd., was merged into Front Street Canadian Equity Fund Class, a class of shares of Front Street Mutual Funds Limited, with the continuing fund being Front Street Canadian Equity Fund, a class of shares of Front Street Mutual Funds Limited.
- Morningstar rating awarded to Series A; Globefund rating awarded to Series B
- Video excerpts are for information purposes only and are not intended to provide investment advice. Before acting on any views expressed in these videos, first see your professional advisor and/or refer to the relevant prospectus.
- © 2012 Morningstar Research Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.