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Fund Price: $15.48 (as at August 19, 2014)  1-day chg: $.1185 0.77%  YTD: 10.77%

Returns as at July 31, 2014

  Fund Group Avg Index*
1 Month -1.21% 0.65% 0.65%
3 Months 2.14% 2.84% 3.09%
6 Months 11.64% 8.02% 8.23%
1 Year 25.92% 16.11% 16.30%
2 Year Avg 18.00% 13.52% 13.30%
3 Year Avg 13.68% 7.98% 7.97%
4 Year Avg 17.05% 8.01% 7.91%
5 Year Avg 20.27% 8.40% 7.81%
10 Year Avg - 5.69% 5.62%
15 Year Avg - 5.38% 5.44%
20 Year Avg - 6.81% 6.72%
Since Inception 11.87% - -
 
2013 21.46% 13.42% 12.85%
2012 12.57% 6.80% 6.35%
2011 2.21% -3.96% -4.18%
 
3 year risk 10.43 6.78 5.78
3 year beta 1.56 1.01 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 July 31, 2014

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: 10 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 Inc.
Managed by: Hesperian Captial Management Ltd.
Fund Type: MF Corp
Inception Date: December 2005
Asset Class: Canadian Equity Balanced
Quartile Rank: 1 (3YR ending July 31, 2014)
Total Assets: N/A
Mgmt Exp. Ratio (MER): -
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 March 31, 2013

Equity Sector Weightings March 31, 2013

Bond Type March 31, 2013

Top Holdings as at March 31, 2013

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at August 19, 2014
1 Year Performance (%)
GH-T Gamehost Inc. Lodging Canada Stock 4.21   27.44 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
BYD.UN-T Boyd Group Income Fund Other Services Canada Stock 3.89   76.84 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CSS-T Contrans Group Transportation Canada Stock 3.52   38.73 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
BAD-T Badger Daylighting Oil and Gas Field Services Canada Stock 3.43   47.62 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
BDI-T Black Diamond Group Other Services Canada Stock 3.3   21.39 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CJR.B-T Corus Entertainment Entertainment Services Canada Stock 3.25   -0.04 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 3.21   17.5 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
PEY-T Peyto Exploration & Develop. Oil and Gas Producers Canada Stock 3.21   25.74 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CWB-T Canadian Western Bank Banks Canada Stock 3.18   45.97 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 3.12   27.88 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 August 19, 2014)

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
Jul 31, 2014 0.0600 0.0600 0.7200 15.375
Jun 30, 2014 0.0600 0.0600 0.7200 15.624
May 30, 2014 0.0600 0.0600 0.7200 15.294
Apr 30, 2014 0.0600 0.0600 0.7200 15.229
Mar 31, 2014 0.0600 0.0600 0.7200 14.923
Feb 28, 2014 0.0600 0.0600 0.7200 14.556
Jan 31, 2014 0.0600 0.0600 0.7200 14.102
Dec 31, 2013 0.0600 0.0600 0.7200 14.373
Nov 29, 2013 0.0600 0.0600 0.7200 13.970
Oct 31, 2013 0.0600 0.0600 0.7200 13.660
Sep 30, 2013 0.0600 0.0600 0.7200 13.184
Aug 30, 2013 0.0600 0.0600 0.7200 12.830
Jul 31, 2013 0.0600 0.0600 0.7200 12.836
Jun 28, 2013 0.0600 0.0600 0.7200 12.564
May 31, 2013 0.0600 0.0600 0.7200 12.833
Apr 30, 2013 0.0600 0.0600 0.7200 12.667
Mar 28, 2013 0.0600 0.0600 0.7200 12.858
Feb 28, 2013 0.0600 0.0600 0.7200 12.751

Portfolio Manager(s)

Hesperian Captial Mgmt - Team Mgmt

Hesperian Captial Management Ltd.

Start Date: December, 2005

Fund Return: 11.85%

Hesperian Capital Management Ltd. is an investment management firm that was founded in 1995 and has offices in Calgary and Toronto. Hesperian manages the Norrep Group of Funds, which includes seven public mutual funds, one high yield fund, three offshore investment funds and energy-based flow through limited partnerships. Hesperian 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 is essential and can add real value.

Also manages:Norrep All Cap Quant Class-A, Norrep Energy Class, 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