Investment Objective and Strategy
The fundamental investment objective of the Balanced Fund is to enhance long-term capital value by investing in cash and cash equivalents, fixed income securities and Canadian, U.S. and international equity securities.
The Fund’s advisor uses a value based approach to select equity investments which means the advisor looks for stocks that are undervalued in relation to the asset value or earnings power of the issuer. The Fund’s fixed income portfolio is invested in a diversified group of Canadian government and Canadian corporate bonds. The asset mix of the Fund will normally fall within a range of 60% equity and 40% fixed income.