Fund Managers
Front Street Diversified Income Fund
Objective: Capital growth and regular income through the selection, management and strategic trading of long and short positions in the securities of income trusts, common and preferred shares, and corporate and government debt.
| Latest 08.19.08 | Previous 08.18.08 | Change ($) | Month's End 07.31.08 | Month-to-Date | |
|---|---|---|---|---|---|
| Series A | $8.9990 | $9.0085 | -0.0095 | $9.0128 | -0.1% |
| Series B | $9.0026 | $9.0121 | -0.0095 | $9.0156 | -0.1% |
| Series F | $9.0098 | $9.0193 | -0.0095 | $9.0234 | -0.1% |
Value Added Monthly Index (VAMI) Since Inception
| 1 month | 6 months | Year-to-Date | CAGR |
1 year |
|---|---|---|---|---|
| -1.4% | 3.7% | 0.4% | N/A | -0.8% |
Sector Allocation
as at 06/30/08
Top Ten Holdings
as at 03/31/08; listed alphabetically
AGRIUM INC
BAYTEX ENERGY
BROOKFIELD ASSET MGT
DISCOVER FINL SVCS
FAIRFAX FINL HOLDNGS
GE CAPITAL
PEMBINA PIPEL INCOME
POST PPTYS INC
QUEBEC PROV
TIMBERWEST FOREST
INVESTMENT HIGHLIGHTS:
• Core Canadian Balanced Income Fund
• Long/Short capabilities
• Provides 5.5% yield on initial fund price, paid quarterly
• Proven Management expertise in equity and income markets
• Tax-exempt investment “switchability”
• Daily liquidity and pricing
• RRSP Eligible
INVESTMENT “SWITCHABILITY”:
Tax-exempt investment switching with other Front Street Mutual Funds, allowing for changes to sector focus, without penalty.
Investment Switch-Compatible Classes: Front Street Resource Class, Front Street Diversified Income Class, and Front Street Money Market Class.
Press Releases
Fund Codes & Trading Symbols
Class A -FSF 420 (LL)
Class B -FSF 421 (FE)
Class F -FSF 422 (NL)