ABC Fundamental-Value Fund
seeks out fundamentally undervalued Canadian equities. Our extensive “value
research” style attempts to ferret out overlooked and out of favour Canadian
equities. With these discerning selections we cobble a diversified portfolio
of small, medium and large capitalization Canadian value stocks. When fully
invested and having discovered new, fundamentally attractive securities, our
sell discipline forces us to cull our portfolios to liquidate the most
expensive holdings.
ABC Fundamental Value Fund's Top Ten Stock List
Equitable Group Inc.
Westjet Airlines Ltd.
Flint Energy Services, Ltd.
Martinrea International Inc.
Genworth MI Canada Inc.
Savanna Energy Services Corp.
Legacy Oil + Gas Inc.
Ithaca Energy Inc.
Rona Inc.
Canam Group Ltd., Class A
as at December 30, 2011
updated quarterly
SECTOR ALLOCATION
PERFORMANCE
ABC Fundamental-Value Fund Annual Returns
Year
ABC FVF (%)
TSXTR (%)
1990
-1.98
-14.80
1991
22.92
12.02
1992
4.26
-1.43
1993
121.75
32.80
1994
3.03
-0.63
1995
11.08
14.83
1996
31.75
28.35
1997
20.35
14.98
1998
-13.81
-1.58
1999
16.25
31.71
2000
7.51
7.41
2001
26.06
-12.57
2002
7.62
-12.44
2003
23.55
26.72
2004
21.42
14.48
2005
16.62
24.13
2006
19.13
17.26
2007
-7.86
9.83
2008
-43.94
-33.00
2009
48.09
35.05
2010
19.28
17.61
2011
-16.40
-8.71
TSXTR = S&P/TSX Composite Total Return Index
as at December 31, 2011
updated annually
Compounded Annual Rates of Return
ABC FVF (%)
TSXTR (%)
1 year
-16.40
-8.71
2 year
-0.14
3.62
3 year
13.88
13.18
5 year
-5.27
1.30
10 year
5.52
7.03
15 year
7.10
7.01
20 year
12.06
8.69
Compounded Since Inception:
(March 20th, 1989)
12.23
8.01
TSXTR = S&P/TSX Composite Total Return Index
as at December 30, 2011
updated quarterly
VALUE OF $1000 INVESTED AT INCEPTION
PORTFOLIO
All dollar amounts in thousands (CDN$), Exchange rate used is 1.01825