Goodwood Fund
Portfolio Manager:
Peter H. Puccetti, CFA
Fund Objective/Description:
The Goodwood Fund (the “Fund”) investment objective is to maximize long-term total return through the purchase and short sale of primarily North American exchange-listed securities based on a bottom-up, company specific approach. The portfolio is relatively concentrated with 8-10 core positions typically representing over 50% of the portfolio. The value-oriented stock picking strategy allows the manager to focus on a limited number of ideas and build strong relationships with senior management of investee companies. The Fund is offered to certain eligible investors (Accredited investors with a C$25,000 minimum, and other subscribers (other than individuals) investing a minimum of C$150,000) through an offering Memorandum.
Key Reasons to Own this Fund:
- Long-term track record of out performance
- Bottom-up, company specific investment approach
- Diversification vs. major Canadian indices
- Stock picking with active approach to ensure value realization
- Management alignment
- RRSP eligible
| Compound Return (%) | YTD | 1 Yr | 3 Yr | 5 Yr | 10 Yr | Inception |
| Goodwood Fund | -4.63 | -10.08 | -5.94 | -3.29 | 1.14 | 7.08% |
| S&P/TSX SmallCap TR Index | 12.18 | -5.24 | 0.10 | -1.27 | 5.08 | N/A |
| S&P/TSX Composite TR Index | 17.13 | 4.35 | 7.20 | 4.10 | 7.33 | 7.64% |
As at August 31, 2019
Current FundSERV Codes
| Company Code | GWD | GWD | GWD |
| Fund Class | Class A | Class B | Class F |
| Code: | 002 | 022 | 222 |
| NAV 9/6/19 | $23.431 | $10.1778 | $9.1156 |
PERFORMANCE DISCLAIMER:
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the offering memorandum or prospectus before investing. The indicated rates of return of the Fund are the historical annual compounded total return including changes in unit value and assume that all distributions made by the Fund were reinvested in additional units of the Fund. The rates of return do not include deduction of sales, transfer, redemption, income taxes payable, or other charges (which distributors may charge) that would have reduced returns. The rates of return are net of all management fees, performance incentive fees and expenses. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Investment funds can involve significant risks and the value of an investment may go down as well as up. There is no guarantee of trading performance. An investment in the Fund is not intended as a complete investment program and should only be made after consultation with independent investment and tax advisors.
Performance data from certain market indices (S&P/TSX Composite TRI, S&P/TSX SmallCap TRI) are provided in this presentation for information purposes only. These Indices are not benchmarks of the Funds but rather are displayed for comparison purposes to the broad market. A comparison of the Fund’s performance to such market indices is of limited use because the composition of the Fund’s portfolio may contain other securities not found in the market index. As a result, no market indices are directly comparable to the results of the Funds.