Stone » Products » Resource Plus Class

Ideal for investors who maintain a long-term focus and wish to have diversified exposure to the Canadian natural resource sector, particularly those engaged in the oil & gas and mineral sectors.

Fund Details

Fund Type

Natural Resources Equity

Fund Mandate

Pure Focused Return™

Manager

Stone Asset Management Limited

Portfolio Manager

Stone Asset Management Limited

Fund Net Assets

$5.1 million

Distribution

Distributions for Series A, B, F and L: Annual dividend in December and, in February, net capital gains. Distributions will be automatically reinvested unless you elect to receive them in cash.

Inception Date

July, 2005

Minimal Initial Investment

$1,000

Why Invest


  • Experienced management team has a long track record investing in the resource sector.
  • Active management approach, not a buy and hold strategy.
  • Long-term focused growth opportunity.
  • Portfolio of resource companies diversified by capitalization size.

Purchase Options

Series Type Code Current NAVPS Prior NAVPS NAVPS Change Net Asset Value Last Updated
A Front SCL885 $ 2.3722 $ 2.4081 -1.49% $ 4,277,468 2017-02-24
*B DSC SCL886 $ 2.3780 $ 2.4140 -1.49% $ 89,627 2017-02-24
F Eligible SCL887 $ 6.7456 $ 6.8473 -1.48% $ 433,582 2017-02-24
L Low SCL889 $ 6.8067 $ 6.9097 -1.49% $ 70,946 2017-02-24
* Closed to new purchases.

Portfolio Managers

Michael Giordano
Vice President, InvestmentsMichael GiordanoCPA, CA, MBA, CIM
Vice President, InvestmentsManager Start Date:2005
Experience:19 years of Investment Management

Fund Performance (%)

COMPOUND DATA 1 Month 3 Month 6 Month Year To Date 1 Year 3 Year 5 Year 10 Year Since Inception
A 3.9 10.8 14.6 3.9 32.6 (6.8) (5.6) (4.6) (3.9)
Benchmark 0.4 2.1 2.2 0.4 46.3 (0.8) (4.1) 0.3 3.8
Last Update: 1-31-17


CALENDAR RETURN 20162015201420132012201120102009200820072006
A 22.4 (26.6) (13.3) 1.3 (4.9) (16.8) 31.4 69.8 (54.0) (11.5) 3.9
Benchmark 43.0 (21.5) (9.0) (9.6) (5.0) (17.6) 24.3 38.8 (29.9) 20.6 21.0
Benchmark: 50% S&P/TSX Capped Energy, 50% S&P/TSX Capped Materials

Growth of $10,000 Since Inception

Portfolio Composition (%)

Top Holdings (%)

HOLDINGS
1 Cartier Iron Corp. 8.0%
2 Teck Resources Ltd., Cl. B 4.8%
3 Goldcorp Inc. 4.1%
4 HudBay Minerals Inc. 4.0%
5 Suncor Energy Inc. 4.0%
6 Lundin Mining Corp. 3.9%
7 Canadian Natural Resources Ltd. 3.9%
8 TORC Oil & Gas Ltd. 3.8%
9 Vermilion Energy Inc. 3.7%
10 First Quantum Minerals Ltd. 3.2%
Total 43.4%