| Objective
The Fund aims to provide investors with a superior real rate of return through both capital appreciation and income by investing in a diversified portfolio of Canadian and global (U.S. and international) equities, fixed income and cash investments.
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 Fund's fixed income component will primarily invest in high quality debt. Returns in excess of income will be gained through active duration, yield curve and sector management.
McLean Budden adjusts the Fund's asset mix percentages periodically to take advantage of market opportunities, but stays within the following ranges: stocks 52 to 64%, fixed income 27 to 47% and cash 0 to 15%.
The MB Select Balanced Fund is a screened version of the existing MB Balanced Fund. The screens applied are:
*
Eligible companies may not derive more than 10% of their gross annual revenue from the manufacture and sale of tobacco products, alcoholic beverages, armaments and pornography, nor from the provision of gaming facilities.
*
Companies with significant operations and/or suppliers not adhering to local employment standards, and not addressing the issue, will be ineligible.
*
Companies whose negative impact on the environment is greater than the average of their peers will be ineligible.
For further information, please see the complete MB Select Fund Brochure.
| Fund Startup |
 |
September 2000 |
| Inception of Composite |
|
October 2000 |
| Distribution Frequency |
|
Quarterly |
| DC/DB Pensions Eligible |
|
Yes |
| Individual RRSP Eligible |
|
No |
Fund Managers
McLean Budden Asset Mix, Canadian Equity (Core), Global Equity (Core), Fixed Income and Select Teams
Volatility Profile
The MB Select Balanced Fund is suitable for clients with a moderate risk tolerance and a medium to longer-term investment time horizon.
The Fund invests in a broad array of assets (stock, bonds and cash) therefore; it is less risky than an investment in a single asset class. However, the Fund will increase or decrease in value based on the market value of the assets it holds.
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