ABC Fundamental-Value Fund

Objective

ABC Fundamental-Value Fund searches for fundamentally attractive North American equities. The primary objective of the Fund is to seek longā€term capital appreciation by investing in a diversified portfolio of all-capitalization Canadian and American common stocks. Our focused fundamental research seeks North American equities with appealing valuations, increasing dividend income and growth potential.


Portfolio Holdings – December 29, 2023

CASH1.3%
Cash – CAD1.1%
Cash – USD0.2%
FINANCIAL SERVICES12.9%
Bank of Montreal1.2%
Brookfield Asset Management Ltd.0.7%
Brookfield Corp.2.5%
Canadian Imperial Bank of Commerce0.9%
National Bank of Canada1.8%
Royal Bank of Canada2.1%
S&P Global Inc. US1.9%
The Toronto-Dominion Bank1.8%
REAL ESTATE3.0%
First Capital REIT0.7%
Granite REIT1.1%
Minto Apartment REIT1.2%
ENERGY3.1%
Enbridge Inc.1.4%
Pembina Pipeline Corp.0.7%
TC Energy Corp.1.0%
CONSUMER DISCRETIONARY6.1%
Amazon.com Inc. US6.1%
COMMUNICATIONS9.2%
Alphabet Inc., Class A US5.3%
Meta Platforms Inc. US3.9%

INDUSTRIAL PRODUCTS8.7%
Canadian National Railway1.8%
Canadian Pacific Kansas City Ltd.2.6%
Carrier Global Corp. US0.6%
Honeywell International Inc. US1.0%
Otis Worldwide Corp. US0.4%
RTX Corp. US0.4%
Waste Connections Inc.0.4%
Waste Management Inc. US1.5%
HEALTH CARE11.0%
Becton, Dickinson and Co. US1.8%
Boston Scientific Corp. US2.8%
Danaher Corp. US0.9%
Thermo Fisher Scientific Inc. US3.1%
Zoetis Inc. US2.4%
TECHNOLOGY43.7%
Adobe Systems Inc. US1.3%
Advanced Micro Devices Inc. US0.8%
Apple Inc. US8.5%
ASML Holding ADR US4.5%
Autodesk Inc. US2.5%
Mastercard Inc., Class A US2.7%
Microsoft Corp. US8.7%
NVIDIA Corp. US7.0%
ServiceNow Inc. US4.7%
Visa Inc., Class A US3.0%
UTILITY1.0%
Algonquin Power & Utilities Corp.1.0%

Sector Breakdown

Geographic Breakdown


The ABC Fundamental-Value Fund has a minimum initial investment of $25,000.

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