Inception Return
(9/19/2003)
|
3.00 %
|
|
YTD Return
|
14.78 %
|
|
NAVPS
(11/28/2023)
|
$11.03
|
|
Change
|
$0.06 / 0.56 %
|
|
|
Growth of $10,000
(As of October 31, 2023)
|
|
MER
|
1.90 %
|
|
Assets ($mil)
|
$2.73
|
|
Rank (1Yr)
|
1/118
|
|
Std Dev (3Yr)
|
28.39 %
|
|
Volatility Ranking (3Yr)
|
10/10
|
|
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 the securities markets of Europe considered by the Manager to be undervalued. Investments may be made in securities markets outside of Europe. 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 |
| Stellantis NV | International Equity | Consumer Goods | European Union | 20.55% |
| Ryanair Holdings PLC - ADR | International Equity | Industrial Services | European Union | 19.76% |
| CAD SWEEP VII CIBC MELLON 0.75% 31-Dec-2049 | Domestic Bonds | Fixed Income | Canada | 16.43% |
| Wizz Air Holdings PLC | International Equity | Industrial Services | Other European | 12.21% |
| Prosus NV | International Equity | Technology | European Union | 9.73% |
| Liberty Global PLC Cl A | International Equity | Telecommunications | European Union | 7.90% |
| Jet2 PLC | International Equity | Industrial Services | European Union | 6.18% |
| Rolls-Royce Holdings PLC | International Equity | Industrial Goods | European Union | 4.25% |
| USD SWEEP VII CIBC MELLON 1.50% 31-Dec-2049 | Foreign Bonds | Fixed Income | United States | 2.91% |
| Cairo Mezz PLC | International Equity | Financial Services | European Union | 0.11% |
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
|
-4.93
|
-9.97
|
-8.10
|
14.78
|
30.01
|
17.38
|
5.38
|
1.50
|
|
Benchmark
|
-1.41
|
-6.85
|
-7.90
|
5.98
|
17.23
|
8.63
|
5.71
|
6.12
|
|
Quartile Ranking
|
4
|
4
|
3
|
1
|
1
|
1
|
2
|
4
|
|
Calendar Return (%)
|
2022
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
2013
|
|
Fund
|
8.00
|
-4.46
|
27.24
|
-3.05
|
-9.91
|
3.59
|
-18.71
|
1.87
|
0.94
|
41.35
|
|
Benchmark
|
-10.82
|
15.26
|
3.59
|
19.54
|
-7.68
|
18.15
|
-3.54
|
17.20
|
3.06
|
35.86
|
|
Quartile Ranking
|
1
|
4
|
1
|
4
|
3
|
4
|
4
|
4
|
2
|
1
|