(As of 8/31/2026)

Portland Replacement of Fossil Fuels Alt Fd F

(Alternative Equity Focused)
Inception Return
(4/28/2023)
33.61 %
YTD Return 2.97 %
NAVPS
(9/17/2026)
$26.32
Change $0.76 / 2.96 %
Growth of $10,000 (As of August 31, 2026)
MER 5.90 %
Assets ($mil) $38.29
Rank (1Yr) 158/230
Std Dev (3Yr) 43.69 %
Volatility Ranking (3Yr) 10/10
RRSP Eligibility Yes
Load No Load
Max Front End -
Max Back End -
Sales Status Open
 
Objective
The Fund's objective is to provide positive long- term total returns by investing primarily in a portfolio of securities focused on businesses active in industries which the Manager believes will help drive the transition from traditional energy (primarily based in fossil fuels) to sustainable energy sources, which will include the area of nuclear energy. The Fund may also engage in borrowing for investment purposes. The Fund's aggregate exposure shall not exceed limits on the use of gross expos
Fund Manager

Portland Investment Counsel Inc.

Portfolio Manager

Michael Lee-Chin, Portland Investment Counsel Inc.

Dragos Berbecel, Portland Investment Counsel Inc.

Sub-Advisor
-
 
Asset Allocation
(As of August 31, 2026)
Sector Allocation
(As of August 31, 2026)
Geographic Allocation
(As of August 31, 2026)
Top 10 Holdings
NameAssetSectorGeographicPercent
Cameco CorpCanadian EquityBasic MaterialsCanada11.62%
Centrus Energy Corp Cl AUS EquityBasic MaterialsUnited States9.15%
Bloom Energy Corp Cl AUS EquityIndustrial GoodsUnited States8.96%
SPDR Bloomberg 1-3 Month T-Bill ETF (BIL)Cash and EquivalentsCash and Cash EquivalentUnited States8.69%
Canadian DollarCash and EquivalentsCash and Cash EquivalentCanada6.74%
Doosan Heavy Inds Construction Co LtdInternational EquityIndustrial GoodsOther Asian6.55%
KEPCO Engineering Construction Co IncInternational EquityReal EstateOther Asian6.16%
X-Energy IncUS EquityOtherUnited States6.01%
BWX Technologies IncUS EquityIndustrial GoodsUnited States5.52%
GE Vernova IncUS EquityUtilitiesUnited States4.88%

Performance Data (As of August 31, 2026)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 7.42 -11.87 -5.77 2.97 10.87 37.20 -    -   
Benchmark 3.10 4.88 6.79 16.00 29.91 24.76 15.28 12.81
Quartile Ranking 1 4 4 4 3 1 - -

Calendar Return (%) 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Fund 84.04 35.28 -      -      -      -      -      -      -      -     
Benchmark 31.68 21.65 11.75 -5.84 25.09 5.60 22.88 -8.89 9.10 21.08
Quartile Ranking 1 1 - - - - - - - -

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