Fund Manager
Front Street Resource Fund
**Note: this fund is a result of a merger of the former funds: Front Street Resource Fund Class and Front Street Resource Opportunities Fund. Please visit their respective web pages for historical information, including performance.**
Objective: Capital appreciation is achieved by investing in a diversified portfolio of equity securities - of resource issuers - engaged in oil and gas or mining exploration, other forms of energy production or development, forestry industries, or energy product or related resource businesses, such as pipeline or services companies, and utilities.
| Latest 07.28.10 | Previous 07.27.10 | Change ($) | Month's End 06.30.10 | Month-to-Date | |
|---|---|---|---|---|---|
| Series A | $9.9805 | $9.9655 | +0.0150 | $9.4584 | +5.5% |
| Series B | $9.4160 | $9.4018 | +0.0142 | $8.9231 | +5.5% |
| Series F | $9.2582 | $9.2443 | +0.0139 | $8.7751 | +5.5% |
| Series X | $9.9805 | $9.9655 | +0.0150 | $9.4584 | +5.5% |
Value Added Monthly Index (VAMI) Since Inception
| 1 month | 6 months | Year-to-Date | CAGR |
1 year |
|---|---|---|---|---|
| -3.5% | -2.1% | -2.1% | 27.3% | 24.9% |
Sector Allocation
as at 03/31/10
Top Ten Holdings
as at 03/31/10; listed alphabetically
TIGER RESOURCES NL
ATHABASCA OIL SANDS
BAFFINLAND IRON MINE
CREW ENERGY
FNX MINING
LUNDIN MINING CORP
PETROBANK ENGY & RES
PETROMINERALES
ROYAL NICKEL
VERO ENERGY
INVESTMENT HIGHLIGHTS:
- Core Canadian Resource Fund
- 20% Short capability
- Proven Management expertise with over 17+ years experience
- Tax-exempt investment “switchability”
- Daily liquidity and pricing
- RRSP Eligible
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 Classes: Front Street Canadian Equity Fund, Front Street Small Cap Fund, Front Street Diversified Income Fund, Front Street Special Opportunities Canadian Fund, and Front Street Money Market Fund.
Press Releases
Fund Codes & Trading Symbols
A -FSC 400 (LL)
B -FSC 401 (FE)
F -FSC 402 (NL)
X -FSC 403 (formerly series A)
* Performance and NAV information provided is unaudited, and net of all fees and expenses.
- On October 31, 2008, the Front Street Resource Opportunities Fund, a class of shares of Front Street Opportunity Funds Ltd., was merged into Front Street Resource Fund Class, a class of shares of Front Street Mutual Funds Limited, with the continuing fund being Front Street Resource Fund, a class of shares of Front Street Mutual Funds Limited.