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Mutual Fund News

GORDON HIGGINS

BNN-Business News Network

Gordon Higgins is vice-president, equities, at Sentry Select Capital. Today we look at the Sentry Select Balanced Fund.

FUND STATS

Total assets$17.3-million

MER2.48%

Globe 5-star rating

TOP HOLDINGS

Alcan Inc. (com.)3.88%

Alcan Inc. (pref.)3.48%

L-3 Communications3.4%

CIBC2.97%

BCE Inc.2.47%

Dundee Wealth (pref.)2.47%

Performance

FundGroupS&P/TSX
6 mos.-0.44%2.136.01
1 year3.5411.3115.95
2 years5.7410.7515.8

CURRENT PICKS

BCE (BCE-TSX) $40.55

With expected volatility to continue in the market, Mr. Higgins likes the 14-per-cent annualized return that BCE offers.

CIBC (CM-TSX) $95.83

Mr. Higgins is looking for Canadian Imperial Bank of Commerce to continue beating earnings expectations and posting strong growth.

Genesis Leasing (GLS-NYSE) $22.92

Recently beaten up in the market, Genesis is leasing planes as fast as they are made available and offers a 9-per-cent yield.

PAST PICKS: OCT. 12, 2006

BCE (BCE-TSX)

Then: $31.81 Now: $40.55

Up: 27.5%

CP Rail (CP-TSX)

Then: $58.29 Now: $71.25

Up: 22.2%

Saputo (SAP-TSX)

Then: $37.41 Now: $49.95

Up: 33.5%

OUTLOOK

Mr. Higgins expects equity markets to remain volatile over the next few months and says "there are many companies trading at attractive valuations; this turmoil presents an opportunity." He believes the market will continue to be supported by earnings, which he says will continue to rise over the next year.

Maureen Darrigo, BNN

BNN-Business News Network presents Market Call live Monday to Friday at 12:30 p.m. ET/9:30 a.m. PT. To send a question to upcoming guests, e-mail marketcall@bnn.ca.

© 2007 The Globe and Mail. All rights reserved.

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