Beutel Goodman North American Focused Equity Fund
Beutel Goodman North American Focused Equity Fund seeks long-term capital appreciation by investing in mid- to large-cap Canadian and U.S. stocks. It is expected this portfolio will only hold up to 24 securities, with maximum single-holding, regional and sector weights in place 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 31 March 2024, except where indicated
Performance
Returns (%)
1 month | 3 months | 1 year | 2 years | 3 years | 5 years | 10 years | YTD | Since Inception |
---|---|---|---|---|---|---|---|---|
2.82 | 7.33 | 12.61 | 5.70 | 7.53 | 8.79 | 8.22 | 7.33 | 9.31 |
Calendar Year Returns (%)
2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
---|---|---|---|---|---|---|---|---|---|
8.20 | -1.24 | 18.87 | 4.68 | 13.97 | -4.02 | 11.80 | 21.22 | 0.65 | 10.76 |
Daily Pricing History
Date | Nav ($) | Change ($) | Change (%) |
---|---|---|---|
all data as at 31 March 2024, except where indicated
Performance
Returns (%)
1 month | 3 months | 1 year | 2 years | 3 years | 5 years | 10 years | YTD | Since Inception |
---|---|---|---|---|---|---|---|---|
2.87 | 7.49 | 13.33 | 6.37 | 8.23 | 9.51 | 8.96 | 7.49 | 7.84 |
Calendar Year Returns (%)
2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
---|---|---|---|---|---|---|---|---|---|
8.89 | -0.60 | 19.68 | 5.37 | 14.74 | -3.35 | 12.58 | 22.11 | 1.35 | 11.58 |
Daily Pricing History
Date | Nav ($) | Change ($) | Change (%) |
---|---|---|---|
all data as at 31 March 2024, except where indicated
Performance
Returns (%)
1 month | 3 months | 1 year | 2 years | 3 years | 5 years | 10 years | YTD | Since Inception |
---|---|---|---|---|---|---|---|---|
2.90 | 7.60 | 13.79 | 6.79 | 8.66 | 9.93 | 9.36 | 7.60 | 10.45 |
Calendar Year Returns (%)
2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
---|---|---|---|---|---|---|---|---|---|
9.32 | -0.22 | 20.13 | 5.77 | 15.17 | -2.99 | 12.98 | 22.53 | 1.70 | 11.95 |
Daily Pricing History
Date | Nav ($) | Change ($) | Change (%) |
---|---|---|---|
Portfolio Analysis
Top 10 Holdings
as at 29 February 2024
Company | % |
---|---|
TD Bank | 6.3 |
RBC | 6.1 |
American Express | 5.6 |
BlackRock | 5.2 |
CN Railway | 5.1 |
Sun Life Financial | 4.9 |
Kimberly-Clark | 4.7 |
Qualcomm | 4.6 |
Cummins | 4.2 |
Merck & Co. | 4.2 |