Beutel Goodman American Equity Fund

Beutel Goodman American Equity Fund seeks long-term capital appreciation by investing in mid- to large-cap U.S. stocks. Maximum single-holding and sector weights are set to provide diversification. The portfolio is built using bottom-up, fundamental research to seek to invest in quality companies with stable, growing businesses and strong balance sheets at discounts to their business value. We believe this focus can provide a margin of safety and help mitigate the potential of capital loss. Our approach includes a process-driven sell discipline, with a one-third sale of securities that exceed the upside target we have set and a secondary review for stocks that exceed their downside targets.

Minimum Investment: $5,000

Total Fund Value: $2.29 billion (CAD)

Value Last Updated: 30 June 2026

Low
Low to Medium
Medium
Medium to High
High

Fund Code

BTG105

MER (%)

1.10

Inception Date

25 July 2006

Distribution Yield (%)

Date of Last Distribution

26 June 2026

all data as at 30 June 2026, except where indicated

Performance

Returns (%)

1 month	3 months	1 year	2 years	3 years	5 years	10 years	YTD	Since Inception
5.88	16.18	20.75	10.32	12.72	10.08	11.89	13.87	10.82

Performance Start Date:

01 August 2006

Calendar Year Returns (%)

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
-0.43	20.40	8.42	8.57	12.99	8.11	22.62	-0.94	13.07	13.99

Date :

Date	NAV ($)	Price Change ($)	Price Change (%)	Distribution Amount ($)

Fund Code

BTG105U

MER (%)

1.10

Inception Date

01 June 2020

Distribution Yield (%)

Date of Last Distribution

26 June 2026

all data as at 30 June 2026, except where indicated

Performance

Returns (%)

1 month	3 months	1 year	2 years	3 years	5 years	10 years	YTD	Since Inception
2.80	14.28	16.13	8.34	10.13	7.13	N/A	10.02	11.91

Performance Start Date:

01 June 2020

Calendar Year Returns (%)

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
4.48	10.39	11.40	1.22	13.96	N/A	N/A	N/A	N/A	N/A

Date :

Date	NAV ($)	Price Change ($)	Price Change (%)	Distribution Amount ($)

Fund Code

BTG105H

MER (%)

1.13

Inception Date

28 May 2026

Distribution Yield (%)

Date of Last Distribution

26 June 2026

all data as at 30 June 2026, except where indicated

Performance

Date :

Date	NAV ($)	Price Change ($)	Price Change (%)	Distribution Amount ($)

Fund Code

BTG308

MER (%)

2.18

Inception Date

04 October 2010

Distribution Yield (%)

Date of Last Distribution

26 June 2026

all data as at 30 June 2026, except where indicated

Performance

Returns (%)

1 month	3 months	1 year	2 years	3 years	5 years	10 years	YTD	Since Inception
5.78	15.86	19.45	9.14	11.52	8.91	10.70	13.26	12.83

Performance Start Date:

01 October 2010

Calendar Year Returns (%)

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
-1.49	19.12	7.28	7.42	11.79	6.97	21.32	-1.99	11.88	12.79

Date :

Date	NAV ($)	Price Change ($)	Price Change (%)	Distribution Amount ($)

Fund Code

BTG308U

MER (%)

2.18

Inception Date

01 June 2020

Distribution Yield (%)

Date of Last Distribution

26 June 2026

all data as at 30 June 2026, except where indicated

Performance

Returns (%)

1 month	3 months	1 year	2 years	3 years	5 years	10 years	YTD	Since Inception
2.70	13.97	14.89	7.18	8.96	5.99	N/A	9.43	10.72

Performance Start Date:

01 June 2020

Calendar Year Returns (%)

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
3.36	9.21	10.24	0.15	12.75	N/A	N/A	N/A	N/A	N/A

Date :

Date	NAV ($)	Price Change ($)	Price Change (%)	Distribution Amount ($)

Fund Code

BTG308H

MER (%)

2.20

Inception Date

28 May 2026

Distribution Yield (%)

Date of Last Distribution

26 June 2026

all data as at 30 June 2026, except where indicated

Performance

Date :

Date	NAV ($)	Price Change ($)	Price Change (%)	Distribution Amount ($)

Fund Code

BTG774

MER (%)

1.50

Inception Date

11 December 1990

Distribution Yield (%)

Date of Last Distribution

26 June 2026

all data as at 30 June 2026, except where indicated

Performance

Returns (%)

1 month	3 months	1 year	2 years	3 years	5 years	10 years	YTD	Since Inception
5.84	16.06	20.27	9.88	12.28	9.64	11.45	13.64	8.25

Performance Start Date:

01 April 1991

Calendar Year Returns (%)

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
-0.82	19.93	7.98	8.14	12.54	7.69	22.14	-1.33	12.64	13.55

Date :

Date	NAV ($)	Price Change ($)	Price Change (%)	Distribution Amount ($)

Fund Code

BTG774U

MER (%)

1.50

Inception Date

01 June 2020

Distribution Yield (%)

Date of Last Distribution

26 June 2026

all data as at 30 June 2026, except where indicated

Performance

Returns (%)

1 month	3 months	1 year	2 years	3 years	5 years	10 years	YTD	Since Inception
2.77	14.16	15.67	7.91	9.70	6.70	N/A	9.80	11.47

Performance Start Date:

01 June 2020

Calendar Year Returns (%)

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
4.06	9.95	10.96	0.81	13.51	N/A	N/A	N/A	N/A	N/A

Date :

Date	NAV ($)	Price Change ($)	Price Change (%)	Distribution Amount ($)

Fund Code

BTG774H

MER (%)

1.53

Inception Date

28 May 2026

Distribution Yield (%)

Date of Last Distribution

26 June 2026

all data as at 30 June 2026, except where indicated

Performance

Date :

Date	NAV ($)	Price Change ($)	Price Change (%)	Distribution Amount ($)

Portfolio Analysis

Top 10 Holdings

as at 31 May 2026

Company	%
eBay	5.2
PPG Industries	4.7
NetApp	4.7
Chubb	4.1
Elevance Health	4.0
Ameriprise Financial	4.0
Union Pacific	4.0
Qualcomm	3.8
Amdocs	3.7
Medtronic	3.7

Documents

Fund Facts, Beutel Goodman American Equity Fund, Class B

Fund Facts, Beutel Goodman American Equity Fund, Class D

Fund Facts, Beutel Goodman American Equity Fund, Class F

Quarterly Portfolio Disclosure

Annual Distributions

Important Tax Notice to US Shareholders of the BG American Equity Fund

PFIC Annual Info Stmt for period ending Dec 31 2025

Fund Facts, Beutel Goodman American Equity Fund, Class B Hedged

Fund Facts, Beutel Goodman American Equity Fund, Class D Hedged

Fund Facts, Beutel Goodman American Equity Fund, Class F Hedged

Amendment to the Simplified Prospectus of Beutel Goodman American Equity Fund

View all fund documents

Voir tous les documents relatifs aux fonds

Portfolio Managers

Global Equities

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Except as otherwise noted, the indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of distribution only and does not take into account sales, redemptions, distributions or optional charges or income taxes payable by any security holder that would have reduced returns. Mutual fund securities not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. For the Beutel Goodman Money Market Fund, there can be no assurances will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you. The indicated rate or return for the Beutel Goodman Money Market Fund is an annualized historical yield based on the seven-day period ended as indicated and annualized in the case of effective yield by compounding the seven day return and does not represent an actual one year return. Past performance may not be repeated.

Beutel, Goodman & Company Ltd.