Investment Objective
The fundamental investment
objective is to achieve long-
term capital appreciation by
investing primarily in
companies whose products and
services relate to the
entertainment, media and
communications industries that
will benefit from the
convergence of these sectors,
favourable regulatory changes
and favourable financial
markets that provide much of
the needed capital.
Benchmark Statement
100% Lipper Telecommunications
Fund Index(C$)
Recommended For
This Fund may be suitable for
long-term investors who are
contributing to the growth
component of a diversified
portfolio, want exposure to
the dynamic entertainment and
communications sector and are
willing to accept some short-
term volatility for
potentially higher long-term
returns. Investors in this
Fund should be willing to
accept a high level of risk.
Why Invest
Opportunity to take advantage of
the dynamic growth potential of
the Information Age.
Category Winner - 3 year period,
2007 Lipper Awards.
Portfolio Update
Quarterly Update
Across the Fund, weak stock selection was responsible for the underperformance relative to the Lipper Telecommunications Funds (C$) benchmark, while group weightings were beneficial to relative results. A substantial allocation to hardware stocks was the greatest detractor from relative returns. The Fund’s strategic emphasis in media holdings was helpful, but poor stock picks in the group mitigated the benefit and pulled down relative returns. The telecommunication services group was a contributor to relative performance due to less exposure and solid stock selection.
(December 2012)
General Description
| Fund Codes:
|
TDB324,
ISC Version
TDB354,
DSC Version
TDB384,
LSC Version
TDB134,
LSC2 Version
|
| Minimum non-RSP Investment:
|
$ 500.00
|
| Minimum RSP Investment:
|
$ 500.00
|
| Minimum Subsequent Investment:
|
$ 100.00
|
| Early Redemption:
|
Up to 2.00% of purchase cost if redeemed within 30 days of purchase.
|
|
MER:
|
2.79% MER as of December 31, 2012
|
| Sector Class:
|
Global Equity
|
| Inception Date:
|
Nov. 1, 2000
|
| Assets:
|
$ 184.78 million as of Apr. 30, 2013.
|
| Minimum PPP Amount:
|
$25.00
|
|
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