Our Funds
Front Street Strategic Yield Fund Limited
Forward
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The portfolio is managed by Frank Mersch and Eric Dzuba of Front Street Capital and will employ top down macroeconomic and quantitative analysis to execute on the investment strategy.
| NAV | Change | NAV+distributions† | Yield |
|---|---|---|---|
| $5.2717 5.16.2013 | +$0.0142+0.27% | $6.6783 | 5.31% |
Market Price
| Symbol | Date | Close price |
|---|---|---|
| FSS.TO | 05.16.2013 | $5.01 |
Returns 4.30.2013*
| 1 month | Year-to-Date | 1 year | 3 year | 5 year | 10 year | CAGR |
|---|---|---|---|---|---|---|
| -4.2% | -16.7% | -48.1% | n/a | n/a | n/a | -13.8% |
Investment objectives:
(i) to provide holders of Equity Shares (“Shareholders”) with quarterly tax-advantaged cash
distributions;
and
(ii) to maximize risk adjusted returns to Shareholders, consisting primarily of tax-advantaged
distributions, while preserving capital.
Sector Allocation
as at 9/28/2012
Top Ten Holdings
as at 9/28/2012; listed alphabetically
- ADVANTAGE OIL & GAS 5.0% 01/30/15
- AECON GROUP INC 7% 09/30/14
- CANWEL BUILDINGS 5.85% 04/30/17
- CHORUS AVIATION 9.5% 12/31/14
- FIRST SERVICE CORP 6.5% 12/15/14
- HARVEST ENERGY 7.5% 05/31/15
- JUST ENERGY GROUP 6% 06/30/17
- NEW GOLD WARRANTS C. NOV 2012
- RUSSEL METALS INC. 7.75% 09/30/16
- URANIUM ONE 5% 03/13/15
Investment objectives:
(i) to provide holders of Equity Shares (“Shareholders”) with quarterly tax-advantaged cash
distributions;
and
(ii) to maximize risk adjusted returns to Shareholders, consisting primarily of tax-advantaged
distributions, while preserving capital.
† NAV+distributions includes distributions since inception date of June 1, 2010
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