
Fund Manager
Front Street Canadian Opportunities Fund
Front Street Canadian Opportunities Fund's objective is to outperform major North American equity indexes in all market conditions. This is possible because while traditional mutual funds tend to be tied to a specific sector or to the broader market and depend for their success upon a rise in the market, the main feature of this fund is that its manager can create value independent of market forces.
Front Street Canadian Opportunities Fund is designed to isolate returns from the peaks and valleys of equity and bond markets, and of economic changes and cycles. The expectation is for positive returns regardless of the direction equity and bond markets take, and as a result of this growth consistency, the compounded accumulation of value.
Front Street Canadian Opportunities Fund uses an investment approach that simultaneously employs a variety of proven trading strategies - such as pairs trading, short selling, arbitrage, and investing in undervalued securities - to realize both short- and long-term gains.
| Latest 8.14.08 | Previous 8.7.08 | Change ($) | Month's End 7.31.08 | Month-to-Date |
|---|---|---|---|---|
| $4,073.3897 | $4,131.6513 | -58.2616 | $4,225.7469 | -3.6% |
Value Added Monthly Index (VAMI) Since Inception

| 1 month | 6 months | Year-to-Date | CAGR |
1 year |
|---|---|---|---|---|
| -10.8% | 2.1% | -6.6% | 18.7% | -9.2% |
Sector Allocation
as at 06/30/08
Top Ten Holdings
as at 03/31/08; listed alphabetically
AG GROWTH
AGRIUM INC
DESCARTES SYSTEMS
HANFENG EVERGREEN
HEMISPHERE GPS
INTERMAP TECH
MOSAIC
POTASH CORP OF SASK
STORM EXPLORATIONS
VITERRA
Formerly known as First Wave Inc.
