Objective

The Fund aims to provide a superior real rate of return, primarily through capital appreciation, over the long-term by investing in a diversified portfolio of non-North American 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.

Fund Startup		July 1999
Inception of Composite		May 1995
Distribution Frequency		Quarterly
DC/DB Pensions Eligible		Yes
Individual RRSP Eligible		No

Fund Managers

McLean Budden International Equity 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 International Equity Fund invests in stocks outside of North America; therefore, it provides an opportunity to diversify across many markets and reduces the risks that are associated with a single country fund. It does, however, have risks associated with foreign exchange rates and market conditions in other countries.