Portland Canadian Focused Fund


portfolio manager
James Cole, BA, CFA
Senior Vice President and Portfolio Manager

James has 32 years of investment experience including 23 years as a portfolio manager responsible for Canadian and U.S. equities.

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fund details
Fund Net Assets $14.7 million
CIFSC* Asset Class Canadian Focused Equity
Risk Tolerance Medium


KEY reasons to invest
  • Fund objectives are:
    • Preservation of capital
    • Long-term positive performance
    • Income generation


how the fund is managed
  • Focused number of holdings
  • Diversification by sector
  • Willingness to hold cash
  • Objectives (in Cdn Focused Equity category):
    • Long-term outperformance
    • Lower-than-average volatility

POTENTIAL RISKS

The Manager believes the following risks may impact the performance of the Fund: concentration risk, currency risk and equity risk. Please read the “Risk Factor” section in the Simplified Prospectus for a more detailed description of all the relevant risks.


geographic allocation
As at August 31, 2017


sector allocation
As at August 31, 2017


Top Holdings²
As at August 31, 2017

Cash 15.9%
RioCan Real Estate Investment Trust 9.7%
Fortis Inc. 9.7%
The Toronto-Dominion Bank  9.1%
Canadian Imperial Bank of Commerce 8.9%
The Bank of Nova Scotia  8.9%
Emera Incorporated 8.6%
Royal Bank of Canada 6.9%
Aflac Incorporated 6.1%
Power Financial Corporation 5.6%
Bank of Montreal 5.6%
Berkshire Hathaway Inc. 4.9%
fund codes
Fund Name Series Code - Initial Sales Charge Code - DSC Code - LL
Portland Canadian Focused Fund
A
400 405 410
Portland Canadian Focused Fund
F
003 n/a n/a

- Fundserv Management Company Code: “PTL”

DISCLAIMER

* Canadian Investment Funds Standards Committee

1 Other Net Assets (Liabilities) refers to all other assets and liabilities in the Fund excluding portfolio investments.

2 Where the Fund holds less than 25 holdings, all investments have been disclosed. There may be other assets and liabilities which are not included, and therefore the summary does not add up to 100%

3 Generally available through dealers who have entered into a Portland Series F Dealer Agreement.

4 Annualized.

RISK TOLERANCE

Risk tolerance measures the degree of uncertainty that an investor can handle regarding fluctuations in the value of their portfolio. The amount of risk associated with any particular investment depends largely on your own personal circumstances including your time horizon, liquidity needs, portfolio size, income, investment knowledge and attitude toward price fluctuations. Investors should consult their financial advisor before making a decision as to whether this Fund is a suitable investment for them.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. The indicated rates of return are the historical annual compounded total returns including changes in units [share] value and reinvestment of all distributions [dividends] and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. The rates of return are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values of the mutual fund or returns on investment in the mutual fund. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

Information presented in this material should be considered for background information only and should not be construed as investment or financial advice. Please consult a Financial Advisor. Every effort has been made to ensure the utmost accuracy of the information provided. Information provided is believed to be reliable when posted. All information is subject to modification from time to time without notice. Consent is required for any reproduction, in whole or in part, of this piece and/or of its images and concepts. Please read the Prospectus before investing. PORTLAND INVESTMENT COUNSEL and the Clock Tower Design are registered trademarks of Portland Holdings Inc. used under licence by Portland Investment Counsel Inc.