Objective

The Fund aims to provide investors with a superior real rate of return, primarily through capital appreciation, over the long-term by investing in a diversified portfolio of Canadian equities.

Stocks chosen are considered to be either undervalued in relation to their historical price, industry competitors and/or the overall market, or have prospects for above average earnings growth.

The MB Canadian Equity Fund is comprised of 60 to 80 securities, generally selected from the largest one hundred companies in the Canadian market although smaller companies with prices that do not reflect McLean Budden's estimate of their full value or with outstanding growth potential are also included.

Fund Startup		June 1998
Inception of Composite		January 1998
Distribution Frequency		Quarterly
DC/DB Pensions Eligible		Yes
Individual RRSP Eligible		Yes

Fund Managers

McLean Budden Canadian Equity (Core) Team

Volatility Profile

The Fund is suitable for clients with a moderate to high-risk tolerance and a longer-term investment time horizon.

As stocks have traditionally risen in value more than other types of investments, they offer the greatest potential for long-term growth. However, investing in stocks is also riskier than other investments as stock prices fluctuate more than other types of investments.

The MB Canadian Equity Fund invests in Canadian companies; therefore, its value depends in part upon how the Canadian stock market is performing and the health of the Canadian economy. Due to the fact that this Fund invests in many industries, it is less risky than a fund that specializes in a specific industry.