To provide long term capital growth by taking advantage of the VALMO strategy in the Canadian market, with a momentum tilt.
The Canadian stock market is one of the markets in the world where momentum is the most powerful. The Canadian Equity Fund primarily selects securities that have the most momentum among the most liquid securities in the Canadian market and adds value stocks to that selection for portfolio diversification. The portfolio composition may be very different from the index.
|Canadian Portfolio Structure|
|Benchmark: S&P/TSX Composite|
|Selection universe:||150 stocks||S&P/TSX Composite|
|Number of stocks in portfolio||15-40 stocks||30-60 stocks|
|Maximum regeneration period||3 months||6 months|
|Turnover||2-4 times a year||Around once a year|
|Maximum by sector||None||None|
|Maximum by stock||10%||10%|