| 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 Select 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.
The MB Select Canadian Equity Fund is a screened version of the existing MB Canadian Equity Fund. The screens applied are:
*
Eligible companies may not be in the business of the manufacture and sale of tobacco products or alcoholic beverages nor the provision of gaming facilities.
*
Eligible companies may derive not more than 10% of their gross annual revenue from the sale of armaments.
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Eligible companies must adhere to local employment standards.
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 |
|
Yes |
Fund Managers
McLean Budden Canadian Equity (Core) and Select Teams
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 Select 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.
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