Our Funds
Front Street Value Class
Forward
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FacebookThe Front Street Value Class will invest in mispriced Canadian and Global equity securities by employing a deep value, contrarian approach. The contrarian approach involves looking for securities of companies that for various reasons are out of favour with the general investing public. These securities will have prices that do not reflect the true long-term fundamental value of the business or are overly pessimistic about the near to medium-term prospect of a business. This approach attempts to profit from buying a security when investor expectations are at their lowest and selling those securities as those expectations improve.
The Fund will invest in small, medium and large-cap companies and may have exposure to all sectors of the economy. The selection and strategic trading of long and short positions in common shares, preferred shares, and to a lesser extent corporate and government debt will be employed to manage risk and volatility. The Fund is suitable for investors seeking long-term capital appreciation with a low to medium tolerance for risk.
| Series | NAV | Change |
|---|---|---|
| Series AFSC 490 (LL) | $10.2235 | +$0.0006+0.01% |
| Series BFSC 491 (FE) | $10.2640 | +$0.0006+0.01% |
| Series FFSC 492 (NL) | $10.3831 | +$0.0009+0.01% |
| Series XFSC 493 | $10.2235 | +$0.0006+0.01% |
| 05.17.13 | from 05.16.13 |
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 |
|---|---|---|---|---|---|---|
| -0.2% | -0.5% | -1.3% | n/a | n/a | n/a | 1.1% |
INVESTMENT HIGHLIGHTS:
• Moderate growth • Deep value • 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 Growth & Income Class, and Front Street Money Market Class.
Sector Allocation
as at 3/31/2013
Top Ten Holdings
as at 3/31/2013; listed alphabetically
- ADVANTAGE OIL & GAS - BOND
- AMAYA GAMING
- ARCAN RESOURCES - BOND
- CAE INC
- COLOSSUS MINERALS - BOND
- JUST ENERGY - BOND
- MOBIDIA TECHNOLOGY
- NEW FLYER INDUSTRIES - BOND
- VERESEN INC
- WI LAN INC
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 Growth & Income Class, and Front Street Money Market Class.
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