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Fund Price: $11.70 (as at February 12, 2016)  1-day chg: $.1319 1.14%  YTD: -7.56%

Returns as at January 31, 2016

  Fund Group Avg Index*
1 Month -2.60% -1.80% -1.80%
3 Months -1.33% -3.21% -3.15%
6 Months -3.52% -5.83% -5.75%
1 Year 2.22% -4.80% -4.79%
2 Year Avg -1.48% 2.30% 2.18%
3 Year Avg 4.03% 5.18% 4.95%
4 Year Avg 5.87% 5.07% 5.16%
5 Year Avg 5.17% 3.38% 3.56%
10 Year Avg 8.15% 3.33% 3.07%
15 Year Avg - 4.28% 4.08%
20 Year Avg - 5.67% 5.59%
Since Inception 8.51% - -
 
2015 0.91% -1.73% -1.79%
2014 -2.70% 8.46% 8.43%
2013 21.46% 13.38% 12.85%
 
3 year risk 9.00 6.17 5.42
3 year beta 1.09 1.00 1.00

*Globe Canadian Eqt Balanced Peer Index

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the Globe Canadian Eqt Balanced Peer Index.

Risk Measures as at January 31, 2016

Best/Worst 12 months (since inception)
Best (ending Feb 10): 66.94 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Feb 09): -38.81 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: 9 High

Fund Objectives

The Fund is designed to provide holders of the Shares with a stable monthly stream of cash distributions, which shall be determined on an annual basis by Hesperian, and the potential for long term capital appreciation by investing in small and mid-capitalization high yield securities.The portfolio may consist of all types of equity and debt obligations of issuers in Canada and the United States that may or may not be listed for trading upon the facilities of stock exchanges or other organized and regulated trading facilities.Assets of the Fund may also be invested in debt obligations or held in cash to the extent that economic, market or other conditions make it appropriate.

Fund Facts

Fund Sponsor: Norrep Investments
Managed by: Norrep Capital Management Ltd.
Fund Type: MF Corp
Inception Date: December 2005
Asset Class: Canadian Equity Balanced
Quartile Rank: 3 (3YR ending January 31, 2016)
Total Assets: $31.2 million
Mgmt Exp. Ratio (MER): 2.05%
Management Fee: 1.65%
Load Type: Optional
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$5,000
Subsequent:
$100
Min. Invest (initial RRSP):
$5,000
Subsequent RRSP:
$100
Closed:
Yes
Restricted:
Yes
Restriction:
Not Available in PQ,YK,NWT,NUV
 
 

Asset Allocation October 31, 2015

Equity Sector Weightings October 31, 2015

Bond Type October 31, 2015

Top Holdings as at October 31, 2015

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at February 12, 2016
1 Year Performance (%)
FSV-T FirstService Corp. - Canada Stock 4.54   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
NFI-T New Flyer Industries Inc. Transportation Equip. & Compnts Canada Stock 4.44   77.86 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
PKI-T Parkland Fuel Corp. Specialty Stores Canada Stock 4.22   -11.79 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
WSP-T WSP Global Inc. Consulting Canada Stock 3.87   -3.06 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CHE.UN-T Chemtrade Logistics Inc Fd Chemicals Canada Stock 3.65   -22.38 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
KBL-T K-Bro Linen Inc. Other Services Canada Stock 3.53   0.05 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
SRV.UN-T SIR Royalty Income Fund Investment Companies and Funds Canada Stock 3.5   -10.82 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
SPB-T Superior Plus Wholesale Distributors Canada Stock 3.47   -26.81 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
EAT-N Brinker International Food Services United States Stock 3.39   -20.41 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Distribution Report (18 months up to February 12, 2016)

Frequency of Income Distributions: Monthly

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Jan 29, 2016 0.0600 0.0600 0.7200 12.329
Dec 31, 2015 0.0600 0.0600 0.7200 12.720
Nov 30, 2015 0.0600 0.0600 0.7200 12.936
Oct 30, 2015 0.0600 0.0600 0.7200 12.675
Sep 30, 2015 0.0600 0.0600 0.7200 12.576
Aug 31, 2015 0.0600 0.0600 0.7200 12.894
Jul 31, 2015 0.0600 0.0600 0.7200 13.146
Jun 30, 2015 0.0600 0.0600 0.7200 13.464
May 29, 2015 0.0600 0.0600 0.7200 13.500
Apr 30, 2015 0.0600 0.0600 0.7200 13.677
Mar 31, 2015 0.0600 0.0600 0.7200 13.375
Feb 27, 2015 0.0600 0.0600 0.7200 13.360
Jan 30, 2015 0.0600 0.0600 0.7200 12.745
Dec 31, 2014 0.0600 0.0600 0.7200 13.317
Nov 28, 2014 0.0600 0.0600 0.7200 13.809
Oct 31, 2014 0.0600 0.0600 0.7200 14.037
Sep 30, 2014 0.0600 0.0600 0.7200 14.687
Aug 29, 2014 0.0600 0.0600 0.7200 15.641

Portfolio Manager(s)

Norrep Capital Mgmt - Team Mgmt

Norrep Capital Management Ltd.

Start Date: December, 2005

Fund Return: 8.49%

Norrep Capital Management Ltd. is an investment management firm that was founded in 1995 and has offices in Calgary and Toronto. Norrep manages Norrep Investments, a group of investment products which includes public mutual funds, alternative investments funds, offshore investment funds and energy-based flow through limited partnerships. Norrep utilizes a disciplined approach in security selection blending both fundamental and quantitative analysis in its investment decision making process. Specializing in niche markets with a small and mid cap focus, our methodology is specifically designed to target inefficiencies in the market thus providing investors with diversified exposure to asset classes where active management counts.

Also manages:Norrep Canadian Eq Cl MF Sr, Norrep Energy Class, Norrep Enhanced Credit Sr A, Norrep Enhanced Credit Sr F, Norrep Enhanced Credit Sr I, Norrep Entrepreneurs Cl MF Srs, Norrep Fund, Norrep Global Class-A, Norrep Global Income Growth Class, Norrep High Yield Class, Norrep II Class-A, Norrep Market Neutral Income, Norrep Short Term Income, Norrep Tactical Opportunities Cl-A, Norrep US Dividend Plus Class-A

View fund manager performance report