Inception Return
(10/31/1986)
|
9.59 %
|
|
YTD Return
|
-0.89 %
|
|
NAVPS
(11/29/2023)
|
$156.51
|
|
Change
|
$0.45 / 0.29 %
|
|
|
Growth of $10,000
(As of October 31, 2023)
|
|
MER
|
1.81 %
|
|
Assets ($mil)
|
$152.62
|
|
Rank (1Yr)
|
2140/2200
|
|
Std Dev (3Yr)
|
23.51 %
|
|
Volatility Ranking (3Yr)
|
9/10
|
|
RRSP Eligibility
|
Yes
|
|
Load
|
Front Fee Only
|
|
Max Front End
|
2.00 %
|
|
Max Back End
|
-
|
|
Sales Status
|
Open
|
|
|
Objective
The Fund's objective is to provide long-term growth of capital by investing primarily in equity securities of U.S. and foreign businesses considered by the Manager to be undervalued. The Fund may invest in the equity securities of Canadian businesses. Investments may include common and preferred shares, convertible debentures, warrants, government and corporate bonds and short-term indebtedness.
|
Fund Manager
Chou Associates Management Inc.
Portfolio Manager
Francis Chou, Chou Associates Management Inc.
Sub-Advisor
Data not available
|
|
Asset Allocation
(As of June 30, 2023)
|
Sector Allocation
(As of June 30, 2023)
|
Geographic Allocation
(As of June 30, 2023)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| Berkshire Hathaway Inc Cl A | US Equity | Financial Services | United States | 34.30% |
| United States Dollar | Cash and Equivalents | Cash and Cash Equivalent | Canada | 25.88% |
| EXCO Resources Inc | US Equity | Energy | United States | 12.78% |
| Hertz Global Holdings Inc 13.80% 30-Jun-2051 | Domestic Bonds | Fixed Income | Canada | 5.02% |
| Ally Financial Inc | US Equity | Financial Services | United States | 3.48% |
| Bausch Health Cos Inc | Canadian Equity | Healthcare | Canada | 3.41% |
| Synchrony Financial | US Equity | Financial Services | United States | 3.37% |
| Navient Corp | US Equity | Financial Services | United States | 2.82% |
| Home Capital Group Inc | Canadian Equity | Financial Services | Canada | 2.43% |
| Citigroup Inc | US Equity | Financial Services | United States | 2.20% |
Performance Data
(As of October 31, 2023)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
-1.87
|
-4.17
|
-3.27
|
-0.89
|
-1.99
|
25.94
|
7.01
|
4.28
|
|
Benchmark
|
-0.71
|
-5.01
|
0.05
|
8.86
|
12.17
|
8.04
|
8.54
|
9.97
|
|
Quartile Ranking
|
4
|
2
|
3
|
4
|
4
|
1
|
2
|
4
|
|
Calendar Return (%)
|
2022
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
2013
|
|
Fund
|
9.28
|
52.47
|
-9.47
|
1.29
|
-7.95
|
3.80
|
-2.79
|
-6.95
|
12.06
|
41.33
|
|
Benchmark
|
-12.64
|
17.62
|
13.15
|
21.41
|
-1.79
|
16.29
|
5.18
|
16.88
|
13.97
|
32.40
|
|
Quartile Ranking
|
1
|
1
|
4
|
4
|
4
|
4
|
4
|
4
|
2
|
1
|