| OUR FUNDS: SIDE BY SIDE COMPARISON |
| |
Fully-Managed Fund |
Fundamental-Value Fund |
American-Value Fund |
North American
Deep-Value Fund |
Dirt-Cheap Stock Fund |
| Category |
Canadian
Balanced |
Canadian
Equity |
American
Equity |
North
American Equity |
Global
Equity |
| Fund Status |
OPEN |
OPEN |
OPEN |
CLOSED
(Shares traded on our virtual exchange) |
CLOSED
(Shares traded on our virtual exchange) |
| Minimum Investment |
$150,000 initial investment
$1000 subsequent investments |
$50,000
(subject to availability through Virtual Market exchange) |
$50,000
(subject to availability through Virtual Market exchange) |
FEES
Load, Switch, Trailer |
none |
none |
none |
none |
none |
| Management Fees and Fund Expenses |
MER 2% annual, calculated and paid monthly at the end of each month |
MER 2% annual, calculated and paid monthly at the end of each month |
MER 2% annual, calculated and paid monthly at the end of each month |
MER 1% annual, calculated and paid monthly at the end of each month
Performance fee:
20% of annual total returns in excess of 10% |
MER 1% annual, calculated and paid monthly at the end of each month
Performance fee:
20% of annual total returns in excess of 10% |
| Registered Account Eligibility |
Eligible for all registered accounts |
| Deadline for receipt of purchase request documents and payments |
Two trading days prior to valuation day |
One trading day prior to valuation day |
One trading day prior to valuation day |
| Redemption Restrictions |
None |
None |
None |
Subject to virtual market exchange |
Subject to virtual market exchange |
| Redemption Deadline |
Ten trading days prior to valuation day |
Ten trading days prior to valuation day |
Ten trading days prior to valuation day |
Ten trading days prior to valuation day – subject to virtual market exchange
Entitlement of up to 10% of units held – ten trading days prior to December 31 |
Ten trading days prior to valuation day – subject to virtual market exchange
Entitlement of up to 10% of units held – ten trading days prior to December 31 |
| Valuation Date |
Last trading day of each month |
| Transactions Processed |
Last business day of each month |
Last business day of each month |
Last business day of each month |
Last business day of each month |
Last business day of each month |
Approximate Assets Under Management
(as at December 31, 2007) |
$128 million |
$725 million |
$83 million |
$130 million |
$107 million |
| Statements & Confirmations |
Quarterly Statements, Monthly Confirmations |
