ABC Dirt-Cheap Stock Fund
is a "go-anywhere in the world" equity fund with unlimited investment
flexibility. This deep-value fund has no company-size investment restrictions,
and, as a result, can opportunistically purchase overlooked, undervalued and
less liquid micro-capitalization stocks. We expect this fund to have a mix of
40-60 holdings comprised of Canadian, U.S. as well as Far East, Australian and
European equities. The fund will be closed to new money after September 1,
2006.
ABC Dirt-Cheap Stock Fund's Top Ten Stock List
Fortress Paper Ltd.
Strad Energy Services Ltd.
Energold Drilling Corp.
Geodrill Ltd.
Genworth MI Canada Inc.
Martinrea International Inc.
High Liner Foods Inc. "A" non-voting
Antrim Energy Inc.
Equitable Group Inc.
Savanna Energy Services Corp.
as at December 30, 2011
updated quarterly
SECTOR ALLOCATION
PERFORMANCE
ABC Dirt-Cheap Stock Fund Annual Returns
Year
ABC
DCSF (%)
RUSSELL
2000 (%)
TSXTR (%)
MSCI EAFE (%)
2007
3.79
-2.75
9.83
8.08
2008
-54.34
-34.80
-33.00
-40.69
2009
62.87
25.22
35.05
34.39
2010
32.49
25.31
17.61
9.43
2011
-11.97
-5.45
-8.71
-11.78
Russell 2000 = Russell 2000 in $US
TSXTR = S&P/TSX Composite Total Return Index
MSCSI EAFE = MSCI EAFE + Canada in $US
as at
December 31, 2011
updated
annually
Compounded
Annual Rates of Return
ABC DCSF (%)
Russell 2000
TSXTR
MSCI EAFE
1 Year
-11.97
-5.45
-8.71
-11.78
2 Year
8.00
8.85
3.62
-1.75
3 Year
23.85
14.05
13.18
9.06
5 Year
-2.08
-1.22
1.30
-3.62
Compounded Since Inception:
(April 1st, 2006)
-0.19
-0.57
2.63
-0.73
Russell 2000 = Russell 2000 in $US
TSXTR = S&P/TSX Composite Total Return Index
MSCI EAFE = MSCI EAFE + Canada in US$
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
