|
ABC
North American Deep-Value Fund
Statement of Investment
Portfolio
(as
of December 31, 2005)
| All dollar amounts in thousands
(CDN$), Exchange rate used is
1.168156 |
No. Of
Shares |
Description |
Total
Cost ($) |
Market
Value ($) |
|
CASH -- 6.35% |
|
|
|
79,774 |
Cash |
80 |
80 |
|
96,300 |
RT CAP Cash In Action Fund |
9,630 |
9,630 |
|
11,116 |
Cash - US $ |
13 |
13 |
|
9,101 |
RT CAP US$ Cash Fund |
1,063 |
1,063 |
|
|
TOTAL CASH |
10,786 |
10,786 |
|
BONDS -- 2.94% |
|
|
|
2,500,000 |
Aecon Grp. Conv. Deb. 8.25% |
2,454 |
2,500 |
|
2,500,000 |
First Nickel Inc. deb. 11% |
2,150 |
2,500 |
|
|
TOTAL BONDS |
4,604 |
5,000 |
|
COMMON STOCKS -- 95.90% |
|
|
|
CANADIAN STOCKS -- 56.00 % |
|
|
|
OIL & GAS/ ENERGY -- 21.66% |
|
|
|
2,500,000 |
Arapahoe Energy Corp. |
1,625 |
1,250 |
|
350,000 |
Avenir Diversified Income Trust |
3,992 |
4,490 |
|
1,250,000 |
Caribou Resources Corp. |
2,474 |
3,125 |
|
325,100 |
Choice Resources |
326 |
332 |
|
217,300 |
Clean Power Income Fund Units |
939 |
967 |
|
2,000,000 |
Endev Energy Inc. |
3,204 |
4,480 |
|
1,165,501 |
Espoir Exploration Corp. "A" |
3,392 |
3,613 |
|
850,000 |
Grey Wolf Exploration |
2,378 |
4,947 |
|
40,000 |
Pan-Ocean Energy Group Ltd. |
1,280 |
1,080 |
|
1,000,000 |
Pulse Data Inc. |
2,498 |
2,350 |
|
2,272,500 |
Rally Energy Corp. |
3,101 |
3,113 |
|
291,400 |
Saxon Energy Services , common |
1,319 |
1,588 |
|
1,000,000 |
Saxon Energy Services , units |
4,900 |
5,450 |
|
|
TOTAL |
31,428 |
36,785 |
|
COMMUNICATION -- 2.55% |
|
|
|
450,000 |
CanWest Global Comm. Corp |
4,865 |
4,338 |
|
|
TOTAL |
4,865 |
4,338 |
|
PAPER & FOREST PRODUCTS -- 3.31% |
|
|
|
750,000 |
Catalyst Paper Corp. |
2,661 |
2,303 |
|
175,000 |
Fraser Papers Inc. |
2,599 |
1,752 |
|
350,000 |
SFK Pulp Fund |
2,473 |
1,575 |
|
|
TOTAL |
7,733 |
5,629 |
|
MINERALS/PRECIOUS METALS -- 21.19% |
|
|
|
1,150,000 |
Amerigo Resources Ltd. |
2,480 |
2,691 |
|
1,500,000 |
Avnel Gold Mining Ltd. |
1,500 |
1,515 |
|
3,000,000 |
EuroZinc Mining Corp. |
2,113 |
3,840 |
|
1,250,000 |
Frontera Copper Corp. |
2,385 |
3,125 |
|
375,000 |
Frontera Copper Corp.warr. |
0 |
94 |
|
850,000 |
Hudbay Minerals Inc., common |
2,402 |
5,007 |
|
2,525,000 |
Ivernia Inc. |
3,506 |
4,545 |
|
875,000 |
Lionore Mining Ltd. |
4,948 |
4,331 |
|
925,000 |
Polaris Minerals |
4,440 |
4,440 |
|
500,000 |
Regalito Copper Corp. |
3,170 |
3,465 |
|
1,000,000 |
Skye Resources |
2,060 |
2,950 |
|
|
TOTAL |
29,003 |
36,003 |
|
INDUSTRIAL PRODUCTS -- 2.67% |
|
|
|
750,000 |
Atlas Cold Storage Inc. Trust |
4,479 |
4,538 |
|
|
TOTAL |
4,479 |
4,538 |
|
REAL ESTATE -- 4.62% |
|
|
|
650,000 |
Legacy Hotels Real Estate Trust |
4,615 |
5,200 |
|
450,000 |
Royal Host Real Estate Trust |
2,284 |
2,655 |
|
|
TOTAL |
6,900 |
7,855 |
|
U.S. STOCKS -- 34.76% |
|
|
|
HOTELS -- 1.65% |
|
|
|
196,294 |
Boykin Lodging Company |
2,730 |
2,802 |
|
|
TOTAL |
2,730 |
2,802 |
|
UTLITIES -- 0.53% |
|
|
|
50,000 |
Maine & Maritimes Corp. |
1,551 |
905 |
|
|
TOTAL |
1,551 |
905 |
|
OIL & GAS -- 2.96% |
|
|
|
500,000 |
Meridian Resource Corp. |
2,267 |
2,453 |
|
125,000 |
Stroud Energy Inc, common |
2,344 |
2,559 |
|
|
TOTAL |
4,611 |
5,012 |
|
MERCHANDISING -- 14.27% |
|
|
|
196,410 |
Bassett Furniture Industries Inc. |
4,360 |
4,245 |
|
40,000 |
Foodarama Supermarkets |
1,833 |
2,369 |
|
97,200 |
Frisch Restaurants Inc. |
2,743 |
2,786 |
|
125,000 |
Handleman Co. |
2,066 |
1,814 |
|
150,000 |
Jo-Ann Stores Inc. |
2,736 |
2,068 |
|
195,000 |
John B. Sanfilippo & Sons |
3,123 |
2,945 |
|
200,000 |
Marsh Supermarkets Inc, "B" |
2,241 |
2,026 |
|
300,000 |
Redhook Ale Brewery Inc. |
1,291 |
1,111 |
|
120,000 |
S&K Famous Brands |
2,384 |
2,558 |
|
125,000 |
Tandy Brands Accessories Inc. |
2,218 |
1,752 |
|
47,306 |
99 Cents Only Stores |
545 |
578 |
|
|
TOTAL |
25,541 |
24,252 |
|
CONSUMER PRODUCTS -- 6.92% |
|
|
|
10,000 |
Chromcraft Revington Inc. |
153 |
153 |
|
251,600 |
Coachmen Industries Inc. |
3,299 |
3,471 |
|
300,000 |
Cobra Electronics Corp. |
2,898 |
4,685 |
|
300,000 |
Dominion Homes |
2,468 |
1,243 |
|
300,000 |
Quaker Fabric Corp. |
2,065 |
753 |
|
1,500,000 |
Tucows Inc., common |
1,626 |
1,454 |
|
|
TOTAL |
12,508 |
11,760 |
|
TRANSPORTATION -- 4.22% |
|
|
|
150,000 |
Covenant Transport Inc. |
2,423 |
2,450 |
|
125,000 |
Sea Containers Ltd., "A" |
2,291 |
1,831 |
|
125,000 |
Seaspan Corporation |
3,190 |
2,884 |
|
|
TOTAL |
7,903 |
7,165 |
|
FINANCIAL SERVICES -- 4.21% |
|
|
|
90,100 |
Merchants Group Inc. |
2,681 |
3,173 |
|
123,788 |
National Atlantic Holdings Corp. |
1,489 |
1,583 |
|
150,000 |
The Phoenix Companies Inc. |
2,055 |
2,390 |
|
|
TOTAL |
6,225 |
7,147 |
|
TOTAL COMMON STOCK |
145,477 |
154,189 |
|
TOTAL PORTFOLIO |
160,867 |
169,975 |
|
as at December
31, 2005
|
ANY RATES OF RETURN PRINTED IN THIS PUBLICATION ARE FOR HISTORICAL PURPOSES ONLY AND SHOULD NOT BE CONSTRUED AS FUTURE PERFORMANCE.
|