(As of 1/31/2026)

Marquest Explorer Series A/Rollover

(Natural Resources Equity)
Inception Return
(3/31/2005)
-8.60 %
YTD Return 22.71 %
NAVPS
(2/23/2026)
$1.41
Change - / -
Growth of $10,000 (As of January 31, 2026)
MER 6.55 %
Assets ($mil) -
Rank (1Yr) 2/110
Std Dev (3Yr) 44.77 %
Volatility Ranking (3Yr) 10/10
RRSP Eligibility Yes
Load Back Fee Only
Max Front End 5.00 %
Max Back End -
Sales Status Open
 
Objective
The fundamental investment objective of the Explorer Series Fund is to seek long-term capital growth by investing in a diversified portfolio of primarily equity securities of Canadian mineral exploration and mining companies. Any change in the Explorer Series Fund’s fundamental investment objectives (that do not require a change to the Multi Series Fund constating documents) must be approved by a majority of the votes cast by holders of Explorer Series Shares at a meeting to consider the change.
Fund Manager

Marquest Asset Management Inc.

Portfolio Manager

Glenn Drodge, Marquest Asset Management Inc.

Sub-Advisor
-
 
Asset Allocation
(As of January 31, 2026)
Sector Allocation
(As of January 31, 2026)
Geographic Allocation
(As of January 31, 2026)
Top 10 Holdings
NameAssetSectorGeographicPercent
Cash & EquivalentsCash and EquivalentsCash and Cash EquivalentCanada5.40%
Lundin Mining CorpCanadian EquityBasic MaterialsCanada5.34%
Juggernaut Exploration LtdCanadian EquityBasic MaterialsCanada5.25%
Iamgold CorpCanadian EquityBasic MaterialsCanada4.80%
Hudbay Minerals IncCanadian EquityBasic MaterialsCanada4.66%
Eldorado Gold CorpCanadian EquityBasic MaterialsCanada4.64%
First Quantum Minerals LtdCanadian EquityBasic MaterialsCanada4.60%
Barrick Mining CorpCanadian EquityBasic MaterialsCanada4.50%
Kinross Gold CorpCanadian EquityBasic MaterialsCanada4.34%
Sitka Gold CorpCanadian EquityBasic MaterialsCanada4.10%

Performance Data (As of January 31, 2026)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 22.71 35.85 97.30 22.71 158.93 28.05 8.72 16.39
Benchmark 9.70 20.02 42.80 9.70 57.91 22.28 22.04 13.12
Quartile Ranking 1 1 1 1 1 1 4 2

Calendar Return (%) 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Fund 118.97 27.90 -33.77 -38.57 11.41 116.96 -6.74 -26.66 21.05 56.68
Benchmark 51.44 19.24 -0.78 12.86 21.57 -7.01 20.06 -15.86 -1.69 36.74
Quartile Ranking 1 1 4 4 4 1 4 4 1 1

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