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Mutual Fund News

ROBERT MCWHIRTER

BNN-Business News Network

Robert McWhirter is president and portfolio manager of Selective Asset Management Inc. Today we look at Northwest Specialty Innovations Fund.

fund stats

Total assets$88.5-million

MER2.71%

Management fee2%

Globe 5-Star Rating

TOP six HOLDINGS

Neo Material Tech2.69%

Timminco Ltd.2.64

Emergis2.58

Research In Motion2.55

Amazon.com2.47

Nokia2.47

Performance

FundGroupBMO Cdn. small cap
1 year22.48%19.4315.89
3 year14.1116.817.7
5 year21.091821.17

CURRENT PICKS

Allen-Vanguard (VRS-TSX)

$10.25

Allen-Vanguard is a counterterrorism products supplier. Mr. McWhirter says that "this company has potential for a larger market."

Hemisphere GPS (HEM-TSX)

$3.10

Mr. McWhirter believes as farmers' incomes rise, the demand for the agricultural GPS products maker will heighten.

Open Text (OTC-TSX)

$32.71

The money manager believes that along with being a vibrant software company, the key opportunity here lies in the possibility of a takeover.

PAST PICKS: FEB. 28, 2007

Allen-Vanguard (VRS-TSX)

Then: $5.40 Now: $10.25

Up: 90%

WebTech Wireless (WEW-TSX)

Then: $6.48 Now: $2.94

Down: 55%

OUTLOOK

Mr. McWhirter expects equity indexes to move higher to the end of the calendar year and that U.S. 10-year bond yields will also rise. U.S. tech stocks delivered strong earnings in the third quarter and he is anticipating they will outperform over the next six to 12 months.

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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