Stone Investment Group Limited » Products » Dividend Growth Class Canada

Ideal for investors seeking Canadian large-cap exposure, combining growth potential over the mid to long-term, dividend income, and lower risk than the S&P/TSX Composite Total Return Index.

Fund Details

Fund Type

Canadian Dividend & Income Equity

Fund Mandate

Pure Total Return®

Manager

Stone Asset Management Limited

Portfolio Manager

Stone Asset Management Limited

Fund Net Assets

$388.2 million

Distribution

For Series A, B, C, F and L: Monthly dividend and, in February, net capital gains. Distributions will be automatically reinvested unless you elect to receive them in cash. For Series T8A, T8B and T8C: Target annual rate of 8% of the security’s net asset value on the last day of the previous calendar year. Dividends and return of capital monthly and, in February, net Capital gains. Distributions will be automatically reinvested unless you elect to receive them in cash.

Inception Date

November, 1957

Minimal Initial Investment

$1,000 (A, L & F) – $5,000 (T8A)

Why Invest


  • Pure Total Return® mandate.
  • Current income and long-term higher potential for growth of capital.
  • Core portfolio holding, complementing all investment styles.
  • Award-winning portfolio management team.
  • Less volatility than the Canadian equity average.

Purchase Options

Series Type Code Current NAVPS Prior NAVPS NAVPS Change Net Asset Value Last Updated
A Front SCL515 $ 11.1345 $ 11.1232 0.10% $ 183,775,786 2017-05-25
*B DSC SCL516 $ 10.3378 $ 10.3274 0.10% $ 43,732,757 2017-05-25
*C Low SCL518 $ 10.3646 $ 10.3542 0.10% $ 10,734,520 2017-05-25
F Eligible SCL517 $ 13.3443 $ 13.3303 0.10% $ 47,750,545 2017-05-25
T8A Front SCL5158 $ 7.7255 $ 7.7176 0.10% $ 55,114,764 2017-05-25
*T8B DSC SCL5168 $ 7.3474 $ 7.3401 0.10% $ 19,593,793 2017-05-25
*T8C Low SCL5188 $ 7.3795 $ 7.3721 0.10% $ 2,576,183 2017-05-25
L Low SCL519 $ 13.4990 $ 13.4855 0.10% $ 14,320,293 2017-05-25
* Closed to new purchases.

Portfolio Managers

Mohsin Bashir
Vice President, InvestmentsMohsin BashirCFA, BA
Vice President, InvestmentsManager Start Date:2012
Experience:11 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 1.2 3.4 7.4 3.4 14.0 4.0 8.2 5.2 9.1
Benchmark 1.1 3.6 8.6 4.1 17.5 7.9 10.7 5.6 9.4
Last Update: 4-30-17


CALENDAR RETURN 20162015201420132012201120102009200820072006
A 10.2 (3.7) 9.7 17.1 10.8 (3.6) 10.8 25.6 (22.9) 9.4 13.9
Benchmark 18.6 (3.0) 13.5 18.3 8.5 (6.1) 16.0 29.7 (30.8) 5.6 17.1
Benchmark: 80% S&P/TSX Composite, 20% S&P 500 C$

Growth of $10,000 Since Inception

Portfolio Composition (%)

Top Holdings (%)

HOLDINGS
1 Bank of Nova Scotia 5.9%
2 Royal Bank of Canada 4.0%
3 Bank of America Corp. 3.8%
4 Brookfield Asset Management Inc., Cl. A 3.2%
5 Stryker Corp. 3.2%
6 Microsoft Corp. 3.1%
7 Suncor Energy Inc. 3.1%
8 AltaGas Ltd. 3.0%
9 Toronto-Dominion Bank 3.0%
10 JPMorgan Chase & Co. 2.9%
Total 35.2%