ABC Fundamental-Value Fund

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 long‐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 – June 30, 2022

CASH0.0%
Cash – CAD0.0%
Cash – USD0.0%
FINANCIAL SERVICES14.1%
Bank of Montreal1.4%
Brookfield Asset Management Inc.3.5%
Canadian Imperial Bank of Commerce1.0%
National Bank of Canada1.8%
Royal Bank of Canada2.4%
S&P Global Inc. US1.8%
The Toronto-Dominion Bank2.2%
REAL ESTATE4.3%
First Capital REIT0.8%
Granite REIT1.4%
Minto Apartment REIT2.1%
ENERGY4.3%
Enbridge Inc.1.9%
Pembina Pipeline Corp.0.9%
TC Energy Corp.1.5%
CONSUMER DISCRETIONARY8.9%
Amazon.com Inc. US5.2%
The Home Depot Inc. US3.7%
COMMUNICATIONS10.1%
Activision Blizzard Inc. US1.1%
Alphabet Inc., Class A US5.1%
Electronic Arts Inc. US1.8%
Meta Platforms Inc. US2.1%
INDUSTRIAL PRODUCTS9.9%
Canadian National Railway2.3%
Carrier Global Corp. US0.4%
Honeywell International Inc. US1.1%
Otis Worldwide Corp. US0.4%
Raytheon Technologies Corp. US1.1%
Waste Connections Inc.1.6%
Waste Management Inc. US3.0%
HEALTH CARE12.0%
Becton, Dickinson and Co. US2.1%
Boston Scientific Corp. US2.3%
Danaher Corp. US1.2%
Embecta Corp. US0.0%
Thermo Fisher Scientific Inc. US3.9%
Zoetis Inc. US2.5%
TECHNOLOGY32.8%
Adobe Systems Inc. US1.0%
Advanced Micro Devices Inc. US0.5%
Apple Inc. US8.2%
Autodesk Inc. US2.2%
Mastercard Inc., Class A US2.5%
Microsoft Corp. US7.7%
NVIDIA Corp. US5.6%
Salesforce Inc. US2.3%
Visa Inc., Class A US2.8%
UTILITY3.6%
Algonquin Power & Utilities Corp.2.4%
Emera Inc.1.2%

Sector Breakdown

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Geographic Breakdown

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

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