Fund Manager
Front Street Special Opportunities Canadian Fund
Objective: Strong performance through an aggressive strategy, investing in Canadian equities and securities, companies that offer strong growth prospects and an opportunity for superior returns.
Performance is also derived by using alternative investment strategies including event-related special-situation investing, companies undergoing or undertaking tenders, mergers and acquisitions, liquidations, spin-offs and recapitalizations.
Diversification is achieved through individual company selection rather than a sector-weighted approach, and may engage in a large weighting in a single sector to achieve a rate of return.
| Latest 03.10.10 | Previous 03.09.10 | Change ($) | Month's End 02.26.10 | Month-to-Date | |
|---|---|---|---|---|---|
| Series B | $8.2741 | $8.2289 | +0.0452 | $7.9597 | +3.9% |
| Series A | $8.2846 | $8.2399 | +0.0447 | $7.9716 | +3.9% |
| Series F | $8.5599 | $8.5131 | +0.0468 | $8.2337 | +3.9% |
| Series X | $8.3532 | $8.3072 | +0.0460 | $8.0331 | +3.9% |
| Series Y | $8.3532 | $8.3072 | +0.0460 | $8.0330 | +3.9% |
Value Added Monthly Index (VAMI) Since Inception
| 1 month | 6 months | Year-to-Date | CAGR |
1 year |
|---|---|---|---|---|
| 3.8% | 26.8% | 1.4% | 26.2% | 115.7% |
Sector Allocation
as at 12/31/09
Top Ten Holdings
as at 12/31/09; listed alphabetically
ALANGE ENERGY
BLACKWATCH ENRG SRVC
CREW ENERGY
DETOUR GOLD CORP
ENTREE GOLD INC
IVANHOE MINES
MEDORO RESOURCES LTD
PACIFIC RUBIALES ENE
PETROBANK ENGY & RES
SOUTHGOBI ENERGY RES
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 Funds: Front Street Resource Fund, Front Street Diversified Income Fund, Front Street Small Cap Fund, Front Street Special Opportunities Canadian Fund, and Front Street Money Market Fund.
Press Releases
Fund Codes & Trading Symbols
Series A - FSC 450 (LL)
Series B - FSC 451 (FE)
Series F - FSC 452 (NL)
Series X - FSC 453 (formerly Series A)
Series Y - FSC 454 (formerly Series B)
* Performance and NAV information provided is unaudited, and net of all fees and expenses.