| 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 |
2% annual, calculated and paid monthly at the end of each month |
2% annual, calculated and paid monthly at the end of each month |
2% annual, calculated and paid monthly at the end of each month |
1% annual, calculated and paid monthly at the end of each month
Performance fee:
20% of annual total returns in excess of 10% |
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 |
Options* for sale/redemption of units:
1. Listing units for sale on virtual exchange (subject to availability of interested buyers)
2. Request redemption of 10% of original units held
3. Request redemption of units acquired through previously reinvested distributions
* This is just a basic summary of options, you should consult the Offering Memorandum for complete information. |
| Redemption Deadline |
Written instruction must be received by our office no less than ten trading days prior to valuation day |
Written instruction must be received by our office no less than ten trading days prior to valuation day |
Written instruction must be received by our office no less than ten trading days prior to valuation day |
Option 1: Written instruction must be received by our office no less than ten trading days prior to valuation day
Option 2: Written instruction must be received at least ten trading days prior to December 31 Option 3: Written instruction must be received no less than 30 days before the valuation day for which you would like the transaction performed. |
| Valuation Day |
The last day of a calendar month on which the Toronto Stock Exchange is open for trading. |
| Transactions Processed |
The last day of a calendar month on which the Toronto Stock Exchange is open for trading. |
Approximate Assets Under Management
(as at June 30, 2010) |
$86.7 million |
$490.2 million |
$62.3 million |
$85.0 million |
$86.8 million |
| Statements & Confirmations |
Quarterly Statements, Monthly Confirmations |
