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GlobeinvestorGOLD Canada's most comprehensive investment tool.

Fund Price: $16.00 (as at July 22, 2014)  1-day chg: $.0572 0.36%  YTD: 1.49%

Returns as at June 30, 2014

  Fund Group Avg Index*
1 Month -1.33% -1.40% -1.98%
3 Months -0.63% -0.97% 0.03%
6 Months 2.05% 3.84% 6.21%
1 Year 15.94% 24.51% 31.21%
2 Year Avg 17.76% 23.69% 27.42%
3 Year Avg 8.61% 11.31% 12.99%
4 Year Avg 11.60% 13.35% 15.71%
5 Year Avg 9.22% 9.85% 11.76%
10 Year Avg 4.35% 4.28% 5.69%
15 Year Avg 1.45% 1.25% 3.31%
20 Year Avg - 5.97% 7.54%
Since Inception 3.99% - -
 
2013 21.55% 29.89% 34.41%
2012 19.90% 18.63% 17.27%
2011 -7.13% -9.79% -8.29%
 
3 year risk 10.85 12.52 13.33
3 year beta 0.75 0.86 1.00

*MSCI Europe ($ Cdn)

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the MSCI Europe ($ Cdn).

Risk Measures as at June 30, 2014

Best/Worst 12 months (since inception)
Best (ending May 98): 41.14 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Mar 09): -34.48 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Volatility meter (Based on 3 year standard deviation from GlobeInvestor.com)
Low VOLATILITY METER: 11 High

Fund Objectives

The objective of the fund is to provide long-term growth through capital appreciation by investing primarily in equity securities. This Fund seeks long-term growth through capital appreciation by investing primarily in securities of mid-to large-capitalized companies located in select member countries of the European Union and in securities of non-member European countries with established stock exchanges. These countries include but are not limited to: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Norway, Sweden, Switzerland and the United Kingdom. The Fund may also invest a limited portion of its assets in other lesser developed European countries including, but not limited to: Czech Republic, Hungary, Poland, Russia, Turkey and Ukraine.

Fund Facts

Fund Sponsor: CIBC Securities Inc.
Managed by: CIBC Securities Inc.
Fund Type: MF Trust
Inception Date: November 1995
Asset Class: European Equity
Quartile Rank: 4 (3YR ending June 30, 2014)
Total Assets: $18.6 million
Mgmt Exp. Ratio (MER): 2.64%
Management Fee: 2.25%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$500
Subsequent:
$25
Min. Invest (initial RRSP):
$500
Subsequent RRSP:
$25
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation December 31, 2013

Equity Sector Weightings December 31, 2013

Fund Geography December 31, 2013

Top Holdings as at December 31, 2013

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at July 22, 2014
1 Year Performance (%)
GRFS-Q Grifols SA Medical Services Spain Stock 4.97   35.54 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Fresenius AG Biotechnology & Pharmaceuticals Germany Stock 4.45   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Intertek Group PLC Other Services United Kingdom Stock 4.21   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Nestle S.A. Food Processing Switzerland Stock 4.01   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Swatch Group Ltd. (The) Misc. Consumer Products Switzerland Stock 3.98   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Bureau Veritas SA Consulting France Stock 3.96   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
PUK-N Prudential PLC Insurance United Kingdom Stock 3.7   32.03 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Experian Plc Other Services Ireland Stock 3.63   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- CIE Financiere Richemont Household Goods Switzerland Stock 3.61   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
SYT-N Syngenta AG Agriculture Switzerland Stock 3.59   -12.24 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Portfolio Manager(s)

Luc de la Durantaye, CFA, BA

CIBC Global Asset Management Inc.

Start Date: October, 2005

Fund Return: 4.69%

Luc de la Durantaye joined CIBC Global Asset Management Inc. in December 2002. Mr. de la Durantaye is leader of the Global Asset Allocation team, operating from within the firm's Investment Management Platform.

Also manages:CIBC Balanced, CIBC Canadian Equity Value, CIBC Dividend Income, CIBC Global Equity, Renaissance Canadian Balanced, Renaissance Canadian Dividend, Renaissance Optimal Infl Opp Port

View fund manager performance report