Objective ABC Fully-Managed Fund is a diversified Canadian balanced fund. The investment objective of the Fund is to seek long‐term capital appreciation and investment income by investing in a diversified portfolio of Canadian and American equity and fixed income securities. While our long-term asset mix target is 50% fixed income and 50% North American equities, in practice, our portfolio composition of stocks versus bonds is quite flexible to take advantage of periodic investment opportunities. Portfolio Holdings – June 30, 2023 CASH1.1% Cash – CAD0.9% Cash – USD0.2% CONSUMER DISCRETIONARY4.9% Amazon.com Inc. US3.4% McDonald’s Corp. US1.5% COMMUNICATIONS9.4% Activision Blizzard Inc. US1.7% Alphabet Inc., Class A US3.9% Meta Platforms Inc. US2.5% Take-Two Interactive Software Inc. US1.3% HEALTH CARE8.4% Becton, Dickinson and Co. US1.5% Danaher Corp. US1.7% Johnson & Johnson US1.0% Thermo Fisher Scientific Inc. US2.9% Zoetis Inc. US1.3% ENERGY3.9% Enbridge Inc.1.0% Keyera Corp.0.7% Pembina Pipeline Corp.0.9% TC Energy Corp.1.3% FINANCIAL SERVICES11.3% Bank of Montreal1.7% Brookfield Asset Management Ltd.0.4% Brookfield Corp.1.6% Canadian Imperial Bank of Commerce1.1% Royal Bank of Canada1.9% S&P Global Inc. US2.0% The Bank of Nova Scotia1.0% The Toronto-Dominion Bank1.6% REAL ESTATE3.5% Allied Properties REIT0.3% Dream Industrial REIT1.0% First Capital REIT0.6% Minto Apartment REIT1.1% NorthWest Healthcare Properties REIT0.5% UTILITY6.4% Algonquin Power & Utilities Corp1.4% Brookfield Infrastructure Partners L.P.2.2% Emera Inc.0.8% Fortis Inc.0.6% Northland Power Inc.1.4% TECHNOLOGY37.2% Apple Inc. US7.9% ASML Holding ADR US1.5% Autodesk Inc. US1.7% Broadcom Inc. US5.3% Mastercard Inc., Class A US2.6% Microsoft Corp. US7.0% NVIDIA Corp. US7.1% ServiceNow Inc. US1.5% Visa Inc., Class A US2.6% INDUSTRIAL PRODUCTS13.9% Canadian National Railway2.1% Canadian Pacific Kansas City Ltd.4.7% Carrier Global Corp. US0.3% Honeywell International Inc. US1.2% Otis Worldwide Corp. US0.2% Raytheon Technologies Corp. US0.3% Republic Services Inc. US1.9% Roper Technologies Inc. US2.1% Waste Management Inc. US1.1% Sector Breakdown Geographic Breakdown The ABC Fully-Managed Fund has a minimum initial investment of $25,000.
