Sionna Opportunities Fund Series F (CAD)
- Distribution Frequency: Annually
- Number of Holdings: 30
- Total Net Assets: C$75 M
REASONS TO OWN
Features
- Concentrated portfolio of Sionna’s 20–30 best ideas
- Can invest across the full market cap spectrum
- Holds at least a 51% in Canadian securities
- Flexibility to invest up to 49% in foreign securities
- Emphasis on corporate governance
Benefits
- Potential for long-term outperformance
- Covers off all market caps in a single portfolio
- Suitable as a Canadian Equity allocation
- Can opportunistically buy foreign companies for return and diversification potential
- Provides exposure to higher quality companies
Portfolio Sub-Advisors
Fundserv : BIP
| Fund Number | |||
|---|---|---|---|
| Series | C$ | US$ | |
| A | 165 | - | |
| F | 565 | - | |
Inception: May 13 2014|Series F (CAD)|MER: 1.29 %PERFORMANCE: Series F (CAD) | as of August 31 2023
| Annualized Performance (%) | 1-Mth | 3-Mth | 6-Mth | YTD | 1-Yr | 3-Yr | 5-Yr | 7-Yr | Since Incept. | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sionna Opportunities Fund | -0.01 | 6.69 | 2.92 | 7.70 | 12.05 | 14.12 | 7.93 | 9.68 | 8.06 | ||
| Sionna Opportunities Benchmark** | -0.11 | 6.17 | 7.83 | 12.68 | 14.09 | 11.23 | 9.97 | 10.86 | 10.77 | ||
| Calendar Year Performance (%) | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Sionna Opportunities Fund | -5.92 | 12.64 | 14.58 | -2.56 | 19.66 | -1.94 | 23.82 | 1.03 | ||
| Sionna Opportunities Benchmark** | 5.84 | 14.18 | 11.21 | -2.75 | 23.56 | 10.74 | 26.18 | -8.99 | ||
As of: August 31, 2023
$20,576.00GROWTH OF $10,000 SINCE INCEPTION
TOP 10 POSITIONS
| Security | |
|---|---|
| Cash & Cash Equivalent | 6.2 % |
| Berkshire Hathaway Inc. Class B | 5.5 % |
| Fairfax Financial Holdings Ltd. | 5.4 % |
| Shell PLC ADR | 4.9 % |
| Alimentation Couche-Tard Inc. | 4.4 % |
| ARC Resources Ltd. | 4.3 % |
| Nutrien Ltd. | 4.2 % |
| Royal Bank of Canada | 4.1 % |
| ING Groep N.V. Sponsored ADR | 4.0 % |
| Suncor Energy Inc | 3.9 % |
| Top 10 Total | 46.9 % |
| Total # of Securities | 30 |
SECTOR EXPOSURE
| Sector | |
|---|---|
| Financials | 29.5 % |
| Energy | 19.8 % |
| Consumer Staples | 12.9 % |
| Health Care | 9.0 % |
| Communication Services | 7.4 % |
| Materials | 6.7 % |
| Consumer Discretionary | 5.5 % |
| Information Technology | 2.9 % |
| Other | 6.3 % |
| Total | 100.0 % |
ASSET MIX
| Asset breakdown | |
|---|---|
| Canadian Equity | 56.0 % |
| Global Equity | 37.7 % |
| Other | 6.3 % |
| Total | 100.0 % |
RELATED DOCUMENTS & MEDIA
Bridgehouse Asset Managers® is a trade name of Brandes Investment Partners & Co. As manager of the Bridgehouse Funds, Bridgehouse has hired certain portfolio sub-advisors to the Funds. Units and shares of the Bridgehouse Funds are available through registered dealers only and are not available through Bridgehouse. Bridgehouse and its sub-advisors have taken reasonable steps to provide accurate and current data. The data has been gathered from sources believed to be reliable, however Bridgehouse and/or its sub-advisors are not responsible for any errors or omissions contained herein. The foregoing reflects the thoughts, opinions and/or investment strategies of Bridgehouse and/or its sub-advisors, which are subject to change at their discretion and without prior notice, based on changing market dynamics or other considerations. Securities mentioned herein are not to be construed as a recommendation to buy or sell. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Performance is shown for the class selected.Performance is net of fees unless otherwise indicated.Indices are unmanaged and cannot be directly invested into. MSCI has not approved, reviewed or produced this report, makes no express or implied warranties or representations and is not liable whatsoever for any data in the report. You may not redistribute the MSCI data or use it as a basis for other indices or investment products.
