Skip navigation

GlobeinvestorGOLD Canada's most comprehensive investment tool.

Fund Price: $12.85 (as at May 24, 2013)  1-day chg: $-.015 -0.12%  YTD: 4.72%

Returns as at April 30, 2013

  Fund Group Avg Index*
1 Month -1.02% 0.03% 0.03%
3 Months 0.06% 1.82% 1.81%
6 Months 4.10% 5.17% 5.14%
1 Year 7.53% 6.93% 7.04%
2 Year Avg 5.06% 1.43% 1.52%
3 Year Avg 12.08% 4.12% 4.04%
4 Year Avg 21.69% 8.58% 8.03%
5 Year Avg 8.30% 2.37% 2.10%
10 Year Avg - 5.60% 5.64%
15 Year Avg - 4.41% 4.18%
20 Year Avg - 6.87% 6.41%
Since Inception 10.09% - -
 
2012 12.57% 6.30% 6.35%
2011 2.21% -3.88% -4.18%
2010 32.62% 9.50% 8.92%
 
3 year risk 11.38 7.27 6.57
3 year beta 1.49 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 April 30, 2013

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: 11 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

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 April 30, 2013)
Total Assets: $49.5 million
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 December 31, 2012

Equity Sector Weightings December 31, 2012

Bond Type December 31, 2012

Top Holdings as at December 31, 2012

Symbol Company Name Sector Geographic
Area		 Asset
Type		 % of
Total Assets		   Performance as at May 24, 2013
1 Year Performance (%)
GH-T Gamehost Inc. Lodging Canada Stock 5.15   11.51 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 4.61   7.51 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 4.17   59.68 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 4.06   92.42 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
BTE-T Baytex Energy Corp. Oil and Gas Producers Canada Stock 3.92   -15.48 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 3.81   35.37 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
MTL-T Mullen Group Transportation Canada Stock 3.78   -1.81 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 3.68   18.31 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 3.61   9.06 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
LIF-T Labrador Iron Ore Royalty Investment Companies and Funds Canada Stock 3.37   -0.18 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 May 24, 2013)

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
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
Jan 31, 2013 0.0600 0.0600 0.7200 12.838
Dec 31, 2012 0.0600 0.0600 0.7200 12.501
Nov 30, 2012 0.0600 0.0600 0.7200 12.247
Oct 31, 2012 0.0600 0.0600 0.7200 12.519
Sep 28, 2012 0.0600 0.0600 0.7200 12.637
Aug 31, 2012 0.0600 0.0600 0.7200 12.452
Jul 31, 2012 0.0600 0.0600 0.7200 12.286
Jun 29, 2012 0.0600 0.0600 0.7200 12.099
May 31, 2012 0.0600 0.0600 0.7200 12.112
Apr 30, 2012 0.0600 0.0600 0.7200 12.477
Mar 30, 2012 0.0600 0.0600 0.7200 12.597
Feb 29, 2012 0.0600 0.0600 0.7200 12.749
Jan 31, 2012 0.0600 0.0600 0.7200 12.185
Dec 30, 2011 0.0600 0.0600 0.7200 11.768
Nov 30, 2011 0.0600 0.0600 0.7200 11.730

Portfolio Manager(s)

Hesperian Captial Mgmt - Team Mgmt

Hesperian Captial Management Ltd.

Start Date: December, 2005

Fund Return: 10.07%

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-A, 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