Norrep Canadian Enhanced Equity Fund

  • Mutual Fund Trust
  • Series F
  • $CDN

Enhanced Equity

The objective of an enhanced equity or 130/30 fund is to outperform its benchmark over an investment cycle with similar net market exposure as a long-only fund.  The additional options available to the portfolio manager under this strategy may help them reduce overall portfolio risk through the use of long and short positions

  • Current Price

    Oct 23, 2017

  • $12.35

    $0.07 (0.56%)

Investment Managers

  • Keith Leslie

    Chief Risk Officer & Portfolio Manager

Fund Traits

  1. Canadian Equity Fund with more choices than a standard long-only mutual fund through its use of long and short positions to provide enhanced portfolio returns with additional downside protection

  2. In normal times, the fund will invest 130% of its assets in long positions and 30% of its assets in short positions for 100% net market exposure

  3. Targets a quarterly distribution of $0.076

Compounded Returns (%) as at Sep 30, 2017

1 month 3 month 6 month 1 year S.I.*
4.1%7.2%8.0%12.9%10.7%

Annual Returns as at Sep 30, 2017

2017 YTD 2016 2015
11.9% 17.9% -0.6%

as at Sep 30, 2017Dividends

2017 YTD 2016 2015
Eligible Dividends $0.228$0.321$0.30
Capital Gains -
Return of Capital -
Total $0.228 $0.321 $0.30

Growth of $10,000

Top 10 Holdings

Portfolio Allocation (%)

As of Sep 30, 2017
  • Holding%
  • Energy15.1
  • Basic Materials12.5
  • Industrials15.0
  • Consumer Discretionary1.9
  • Consumer Staples4.6
  • Financials27.4
  • Information Technology4.3
  • Telecommunications3.0
  • Utilities6.5
  • Real Estate5.9
  • Net Cash3.9
Disclaimer

Norrep Canadian Enhanced Equity Fund is available for sale to Accredited Investors, BC residents by Offering Memorandum or with a minimum purchase of $150,000 by a non-individual, and is subject to resale restrictions under applicable securities laws. The fund is not guaranteed, unit values changes frequently and past performance may not be repeated. Commissions, trailing commissions, management fees and expenses all may be associated with this investment. Indicated rates of return are the historical annual compound total returns including changes in unit value and reinvestment of all dividends and distributions and do not take into account sales, redemption, distribution or optional charges or income tax payable by any security holder, if any, that would have reduced returns. The rate of return is used to illustrate the effects of the compound growth rate and is not intended to reflect future sales of the fund or returns on investment in the fund.