The investment objective of the Fund is to provide long-term growth through capital appreciation and income by tactically allocating the Fund's assets primarily to Canadian and U.S. equity investments, bonds and cash. The Fund may use derivative strategies to augment income and/or hedge security, market and exchange rate risk.

Portfolio structure guidelines and strategic allocation:
  • Fund typically holds between 20 and 30 positions
  • Independent positions limited to 15% of the portfolio
  • Sector exposure limited to 15% above benchmark
  • Emphasis on income-producing securities at reasonable value