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 09.02.10 | Previous 09.01.10 | Change ($) | Month's End 08.31.10 | Month-to-Date | |
|---|---|---|---|---|---|
| Series B | $8.5324 | $8.4775 | +0.0549 | $8.4211 | +1.3% |
| Series A | $8.5379 | $8.4829 | +0.0550 | $8.4265 | +1.3% |
| Series F | $8.8490 | $8.7918 | +0.0572 | $8.7331 | +1.3% |
| Series X | $8.6491 | $8.5932 | +0.0559 | $8.5358 | +1.3% |
| Series Y | $8.6485 | $8.5927 | +0.0558 | $8.5354 | +1.3% |
Value Added Monthly Index (VAMI) Since Inception
| 1 month | 6 months | Year-to-Date | CAGR |
1 year |
|---|---|---|---|---|
| 2.4% | 5.7% | 7.2% | 25.5% | 34.0% |
Sector Allocation
as at 06/31/2010
Top Ten Holdings
as at 06/31/2010; listed alphabetically
ALANGE ENERGY
C&C ENERGIA LTD
CALMENA ENERGY SRVCS
CELTIC EXPLORATION
CREW ENERGY
GRAN TIERRA ENERGY
MEDORO RESOURCES
PERSEUS MINING LTD
SECOND WAVE PETROLEU
SOUTHGOBI RESOURCES
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.