(As of 12/31/2025)

North Growth Canadian Equity Fund Series N

(Canadian Small/Mid Cap Equity)
FundGrade A+® Rating recipient
For more information about FundGrade click here
2022
2021
2020



Inception Return
(6/15/2012)
12.59 %
YTD Return 26.72 %
NAVPS
(1/14/2026)
$31.22
Change ($0.32) / -1.02 %
Growth of $10,000 (As of December 31, 2025)
MER 1.00 %
Assets ($mil) $34.29
Rank (1Yr) 82/196
Std Dev (3Yr) 20.41 %
Volatility Ranking (3Yr) 9/10
RRSP Eligibility Yes
Load No Load
Max Front End -
Max Back End -
Sales Status Open
 
Objective
The objective of the Fund is to achieve long-term growth through capital appreciation by investing in equity securities of Canadian high potential growth companies.
Fund Manager

North Growth Management Ltd.

Portfolio Manager

Erica Lau, North Growth Management Ltd.

Alex Joshi, North Growth Management Ltd.

Jorge Marques, North Growth Management Ltd.

Sub-Advisor
-
 
Asset Allocation
(As of November 30, 2025)
Sector Allocation
(As of November 30, 2025)
Geographic Allocation
(As of November 30, 2025)
Top 10 Holdings
NameAssetSectorGeographicPercent
Bombardier Inc Cl BCanadian EquityIndustrial GoodsCanada11.45%
Leon's Furniture LtdCanadian EquityConsumer ServicesCanada7.73%
Cash and Cash EquivalentsCash and EquivalentsCash and Cash EquivalentCanada7.42%
Bird Construction IncCanadian EquityReal EstateCanada6.54%
ATS CorpCanadian EquityConsumer GoodsCanada4.77%
Aritzia IncCanadian EquityConsumer ServicesCanada4.56%
Constellation Software IncCanadian EquityTechnologyCanada4.38%
Badger Infrastructure Solutions LtdCanadian EquityReal EstateCanada3.56%
Restaurant Brands International IncCanadian EquityConsumer ServicesCanada3.43%
CAE IncCanadian EquityIndustrial ServicesCanada3.20%

Performance Data (As of December 31, 2025)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 2.54 6.47 19.82 26.72 26.72 14.43 10.73 11.75
Benchmark 2.39 10.22 33.22 50.19 50.19 23.21 15.33 12.00
Quartile Ranking 3 2 2 2 2 3 3 1

Calendar Return (%) 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Fund 26.72 15.70 2.20 -7.25 19.76 20.49 37.47 -17.76 29.93 3.09
Benchmark 50.19 18.83 4.79 -9.29 20.27 12.87 15.84 -18.17 2.75 38.48
Quartile Ranking 2 3 3 2 4 1 1 3 1 4

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