Beutel Goodman Fundamental Canadian Equity Fund
Beutel Goodman Fundamental Canadian Equity Fund seeks long-term capital appreciation by investing in mid- to large-cap Canadian 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.
all data as at 30 April 2025, except where indicated
Performance
Returns (%)
| 1 month | 3 months | 1 year | 2 years | 3 years | 5 years | 10 years | YTD | Since Inception |
|---|---|---|---|---|---|---|---|---|
| -0.36 | -2.63 | 10.89 | 5.94 | 4.70 | 11.71 | 5.76 | -0.70 | 5.59 |
Performance Start Date:
25 June 2014
Calendar Year Returns (%)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| 11.81 | 7.26 | -2.97 | 23.15 | 0.43 | 11.17 | -5.73 | 8.28 | 17.23 | -6.52 |
| Date | NAV ($) | Price Change ($) | Price Change (%) | Distribution Amount ($) |
|---|---|---|---|---|
all data as at 30 April 2025, except where indicated
Performance
Returns (%)
| 1 month | 3 months | 1 year | 2 years | 3 years | 5 years | 10 years | YTD | Since Inception |
|---|---|---|---|---|---|---|---|---|
| -0.27 | -2.39 | 12.02 | 7.02 | 5.77 | 12.87 | 6.86 | -0.37 | 6.69 |
Performance Start Date:
25 June 2014
Calendar Year Returns (%)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| 12.96 | 8.35 | -1.97 | 24.45 | 1.52 | 12.38 | -4.77 | 9.34 | 18.52 | -5.55 |
| Date | NAV ($) | Price Change ($) | Price Change (%) | Distribution Amount ($) |
|---|---|---|---|---|
Portfolio Analysis
Top 10 Holdings
as at 31 March 2025
| Company | % |
|---|---|
| TD Bank | 8.3 |
| RBC | 6.9 |
| BMO | 5.4 |
| CN Railway | 3.9 |
| Restaurant Brands International | 3.6 |
| RB Global | 3.5 |
| Manulife Financial | 3.4 |
| TC Energy | 3.2 |
| Fortis Inc | 3.2 |
| Alimentation Couche-Tard | 3.2 |
Documents
| Fund Facts, Beutel Goodman Fundamental Canadian Equity Fund, Class B |
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| Fund Facts, Beutel Goodman Fundamental Canadian Equity Fund, Class F |
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| Quarterly Portfolio Disclosure |
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| Annual Distributions |
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