(As of 10/31/2025)

MD American Growth Fund Series A

(U.S. Equity)
FundGrade A+® Rating recipient
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Inception Return
(10/1/1992)
9.44 %
YTD Return 8.92 %
NAVPS
(11/13/2025)
$27.67
Change ($0.38) / -1.35 %
Growth of $10,000 (As of October 31, 2025)
MER 1.52 %
Assets ($mil) $153.04
Rank (1Yr) 814/1306
Std Dev (3Yr) 14.57 %
Volatility Ranking (3Yr) 6/10
RRSP Eligibility Yes
Load No Load
Max Front End -
Max Back End -
Sales Status Restricted
 
Objective
The Fund's investment objective is to achieve long-term capital growth, with income production as a secondary consideration. The Fund invests in a diversified portfolio of primarily US equity securities of large, mid and small cap companies.
Fund Manager

MD Financial Management Inc.

Portfolio Manager

1832 Asset Management L.P.

Sub-Advisor

Jensen Investment Management Inc.

Janus Henderson Investors US LLC

 
Asset Allocation
(As of October 31, 2025)
Sector Allocation
(As of October 31, 2025)
Geographic Allocation
(As of October 31, 2025)
Top 10 Holdings
NameAssetSectorGeographicPercent
Microsoft CorpUS EquityTechnologyUnited States9.66%
NVIDIA CorpUS EquityTechnologyUnited States9.00%
Apple IncUS EquityTechnologyUnited States6.46%
Amazon.com IncUS EquityConsumer ServicesUnited States4.37%
Eli Lilly and CoUS EquityHealthcareUnited States3.71%
Mastercard Inc Cl AUS EquityFinancial ServicesUnited States3.38%
Broadcom IncUS EquityTechnologyUnited States3.27%
Alphabet Inc Cl AUS EquityTechnologyUnited States3.02%
Meta Platforms Inc Cl AUS EquityTechnologyUnited States2.66%
Marsh & McLennan Cos IncUS EquityFinancial ServicesUnited States2.34%

Performance Data (As of October 31, 2025)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 1.55 5.38 20.05 8.92 13.99 18.81 13.25 13.11
Benchmark 3.05 9.59 25.45 14.49 22.34 23.77 18.85 15.44
Quartile Ranking 3 3 3 3 3 3 3 2

Calendar Return (%) 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Fund 27.91 19.86 -18.21 24.55 18.34 27.83 9.05 15.25 1.87 19.72
Benchmark 36.01 23.32 -12.52 28.16 16.07 25.18 3.98 13.80 8.65 20.77
Quartile Ranking 3 3 3 2 2 1 1 2 3 1

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