Skip navigation

GlobeinvestorGOLD Canada's most comprehensive investment tool.

Fund Price: $10.21 (as at May 17, 2013)  1-day chg: $.0412 0.41%  YTD: 2.76%

Returns as at April 30, 2013

  Fund Group Avg Index*
1 Month 0.03% 0.26% 0.26%
3 Months 1.04% 2.07% 2.06%
6 Months 2.62% 4.80% 4.68%
1 Year 4.25% 6.66% 6.54%
2 Year Avg - 2.76% 2.66%
3 Year Avg - 4.58% 4.63%
4 Year Avg - 7.78% 7.64%
5 Year Avg - 2.64% 2.41%
10 Year Avg - 5.76% 5.08%
15 Year Avg - 4.18% 3.64%
20 Year Avg - 6.04% 5.70%
Since Inception 4.25% - -
 
2012 - 5.99% 5.84%
2011 - -1.38% -1.79%
2010 - 8.71% 8.59%
 
3 year risk - 5.53 4.99
3 year beta - 1.01 1.00

*Globe Cdn Neutral 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 Cdn Neutral Balanced Peer Index.

Risk Measures as at April 30, 2013

Best/Worst 12 months (since inception)
Best (ending Apr 13): 4.25 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Apr 13): 4.25 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Volatility meter (Based on 2 year standard deviation from GlobeInvestor.com)
Low VOLATILITY METER: 2 High

Fund Objectives

The fundamental investment objective of the Meritas Income & Growth Portfolio is to seek current income with some emphasis on capital appreciation. The Fund will invest primarily in units of other Meritas Mutual Funds, but also may invest in units of other socially responsible investing funds managed by the Manager ('underlying funds'). As this Fund invests in a socially responsible manner, it must adhere to the "Criteria for Socially Responsible Investing" outlined in this document. For the Fund to change its investment objectives, the change must be approved by a majority of votes at a unitholders' meeting called specifically for that purpose.

Fund Facts

Fund Sponsor: Meritas Mutual Funds
Managed by: OceanRock Capital Partners
Fund Type: MF Trust
Inception Date: May 2012
Asset Class: Canadian Neutral Balanced
Quartile Rank: - (3YR ending April 30, 2013)
Total Assets: N/A
Mgmt Exp. Ratio (MER): -
Management Fee: 1.65%
Load Type: Front End
Globe 5-Star Rating:
No rating available
RRSP Eligible:
Canadian
Min. Invest (initial):
-
Subsequent:
-
Min. Invest (initial RRSP):
$250
Subsequent RRSP:
$50
Closed:
No
Restricted:
No
Restriction:
 
 

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 April 30, 2013
1 Year Performance (%)
  Meritas Canadian Bond Fund 54.31   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Meritas Jantzi Social Index Fund 17.92   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Meritas U.S. Equity Fund 9.94   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Meritas Money Market Fund 8.1   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Meritas International Equity Fund 6.92   - 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 17, 2013)

Frequency of Income Distributions: Annually

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Feb 28, 2013 0.0333 0.0333 0.3000 10.141
Jan 31, 2013 0.0333 0.0333 0.2667 10.046
Dec 31, 2012 0.0333 0.0333 0.2333 10.000
Nov 30, 2012 0.0333 0.0333 0.2000 9.984
Oct 31, 2012 0.0333 0.0333 0.1667 9.991
Sep 28, 2012 0.0333 0.0333 0.1333 10.007
Aug 31, 2012 0.0333 0.0333 0.1000 9.935
Jul 31, 2012 0.0333 0.0333 0.0667 9.955
May 31, 2012 0.0333 0.0333 0.0333 9.939

Portfolio Manager(s)

Manmeet Bhatia

OceanRock Capital Partners

Start Date: May, 2012

Fund Return: 3.19%

Manmeet Bhatia is a Portfolio Manager and Investment Strategist for OceanRock Capital Partners, responsible for investment strategies and portfolio construction. Prior to joining OceanRock, Manmeet spent over 5 years at Assante Asset Management Ltd., most recently as a Director of Product Management for two of Assante's managed investment solutions with assets exceeding $6 billion. Before joining Assante, Manmeet spent nearly three years in the product marketing and management areas of The Great-West Life Assurance Company. Manmeet holds a Chartered Financial Analyst (CFA) designation, in addition to Licensed International Financial Analyst (LIFA), Canadian Investment Manager (CIM) and Certified Financial Planner (CFP) designations. He is a graduate of the I.H. Asper School of Business with a Bachelor of Commerce degree (Hons.) majoring in Finance.

Also manages:Meritas Growth Portfolio, OceanRock Balanced Portfolio, OceanRock Canadian Equity, OceanRock Growth & Income Portfolio, OceanRock Growth Portfolio, OceanRock Income & Growth Portfolio, OceanRock Income Pt. Sr A, OceanRock International Equity, OceanRock US Equity

View fund manager performance report