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 global 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 Global Equity Fund is comprised of 80 to 100 securities with an emphasis on large companies that are leaders within their industry.

The MB Select Global Equity Fund is a screened version of the existing MB Global 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.

* 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		No

Fund Managers

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