Objective ABC American-Value Fund seeks fundamentally attractive American, special situation and foreign U.S. stock exchange listed common shares. The objective of the Fund is to pursue long‐term capital appreciation and dividend income by investing in a diversified portfolio of all-capitalization American equity securities. Using the same research approach as our two Canadian ABC Funds, the American market due to its sheer size provides us with extensive investment opportunities. Portfolio Holdings – March 28, 2024 CASH0.5% Cash – CAD0.4% Cash – USD0.1% INDUSTRIAL PRODUCTS12.6% Canadian Pacific Kansas City Ltd.2.9% Carrier Global Corp. US2.2% Honeywell International Inc. US0.9% Linde PLC US1.6% Otis Worldwide Corp. US2.2% Roper Technologies Inc. US0.5% Trane Technologies PLC US0.9% Waste Connections Inc.0.3% Waste Management Inc. US1.1% CONSUMER DISCRETIONARY7.8% Amazon.com Inc. US5.7% McDonald’s Corp. US2.1% COMMUNICATIONS11.1% Alphabet Inc., Class A US6.3% Meta Platforms Inc. US4.8% HEALTH CARE7.0% Boston Scientific Corp. US1.8% Danaher Corp. US2.2% Thermo Fisher Scientific Inc. US3.0% REAL ESTATE0.2% NorthWest Healthcare Properties REIT0.2% FINANCIAL SERVICES12.0% Bank of Montreal1.2% Brookfield Asset Management Ltd.0.4% Brookfield Corp.1.6% Mastercard Inc., Class A US2.5% S&P Global Inc. US2.4% The Toronto-Dominion Bank1.2% Visa Inc., Class A US2.7% TECHNOLOGY44.7% Adobe Systems Inc. US2.4% Advanced Micro Devices Inc. US1.8% Apple Inc. US6.4% ASML Holding ADR US3.2% Autodesk Inc. US2.2% Broadcom Inc. US6.3% Micron Technology Inc. US2.4% Microsoft Corp. US6.6% NVIDIA Corp. US10.4% ServiceNow Inc. US3.0% UTILITY2.6% Algonquin Power & Utilities Corp.0.7% Brookfield Infrastructure Partners L.P.1.9% ENERGY1.5% Enbridge Inc.0.8% TC Energy Corp.0.7% Sector Breakdown Geographic Breakdown The ABC American-Value Fund has a minimum initial investment of $25,000.
