Our Funds
Front Street Growth & Income Class
Forward
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FacebookThe Front Street Growth & Income Class will employ a growth-oriented style of investing to seek companies that are poised to increase in enterprise value over a short to medium time horizon. The Fund will invest in a diversified portfolio of securities in a wide variety of sectors, including resource-based issuers (including oil and gas, mining), agricultural stocks as well as financial sector securities, convertible shares and REITS, both domestic and global. Security selection will be based on fundamental, bottom-up credit analysis. A key strategy of the Fund will be to utilize a combination of option-writing strategies to generate premium income. The Fund is suitable for investors seeking yield and long-term capital growth with a low to medium tolerance for risk.
| Series | NAV | Change | NAV+distributions† | Yield |
|---|---|---|---|---|
| Series AFSC 460 (LL) | $7.6367 | +$0.0858+1.14% | $8.5552 | 6.55% |
| Series BFSC 461 (FE) | $7.6352 | +$0.0857+1.14% | $8.5537 | 6.55% |
| Series FFSC 462 (NL) | $7.7704 | +$0.0875+1.14% | $8.6889 | 6.43% |
| Series XFSC 463 | $7.6756 | +$0.0862+1.14% | $8.5941 | 6.51% |
| 05.17.13 | from 05.16.13 | 05.17.13 |
Value Added Monthly Index (VAMI) Since Inception
Returns 4.30.2013*
| 1 month | Year-to-Date | 1 year | 3 year | 5 year | 10 year | CAGR |
|---|---|---|---|---|---|---|
| -1.0% | 0.1% | -2.6% | n/a | n/a | n/a | -8.7% |
INVESTMENT HIGHLIGHTS:
• Moderate growth • Consistent quarterly income • 5% effective yield • Global flexibility • Option writing •Proven management expertise in equity and income markets • Tax-exempt investment “switchability” • Daily liquidity and pricing • RRSP Eligible
INVESTMENT “SWITCHABILITY”:
Tax-exempt investment switching with other Front Street Mutual Funds Ltd. funds, allowing for changes to sector focus, without penalty.
Investment Switch-Compatible: Front Street Resource Class, Front Street Tactical Equity Class, Front Street Diversified Income Class, Front Street Growth Class, Front Street Special Opportunities Class, Front Street Global Opportunities Class, Front Street Value Class, and Front Street Money Market Class.
Sector Allocation
as at 3/31/2013
Top Ten Holdings
as at 3/31/2013; listed alphabetically
- BANK OF AMERICA CORP
- BANK OF NOVA SCOTIA
- CDN IMP BANK OF COMMERCE
- CITIGROUP INC
- DOW CHEMICAL CO
- FORD CREDIT CDA - BOND
- FORTRESS PAPER LTD - BOND
- REDKNEE SOLUTIONS
- ROYAL BANK CDA
- TORONTO DOMINION BK
INVESTMENT “SWITCHABILITY”:
Tax-exempt investment switching with other Front Street Mutual Funds Ltd. funds, allowing for changes to sector focus, without penalty.
Investment Switch-Compatible: Front Street Resource Class, Front Street Tactical Equity Class, Front Street Diversified Income Class, Front Street Growth Class, Front Street Special Opportunities Class, Front Street Global Opportunities Class, Front Street Value Class, and Front Street Money Market Class.
View Performance† NAV+distributions includes distributions since inception date of June 30, 2011
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