Flagship Stock Fund Canada
Product Essentials
Ideal for investors seeking exposure to an actively managed, long-term Canadian equity portfolio focused on the S&P/TSX 60 Index. The Portfolio Management team has the ability to invest up to 25% of the Fund in U.S. stocks, and can enhance performance by investing up to 15% of the Portfolio in small cap companies.
Fund Details
Fund TypeNorth American Equity
Fund Mandate
Pure Growth®
ManagerStone Asset Management Limited
Portfolio ManagerStone Asset Management Limited
Fund Net Assets$17.9 million
DistributionFor series A, B, F and L: Annual income and net capital gains in December. 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. Income or return of capital or both monthly and, in December, net capital gains. Distributions will be automatically reinvested unless you elect to receive them in cash.
Inception DateNovember, 1995
Minimal Initial Investment$1,000 (A, L & F) – $5,000 (T8A)
Why Invest
- Portfolio Manager has 20+ years of stock picking experience.
- Fund provides investors with limited exposure to higher growth small-cap companies.
- Complement holding to value funds.
- Exclusion of deep cyclicals means the Portfolio will likely be less correlated on a sector basis to other Canadian equity funds.
- Not a closet index fund.
Purchase Options
| Series | Type | Code | Current NAVPS | Prior NAVPS | NAVPS Change | Net Asset Value | Last Updated |
| A | Front | SCL555 | $ 10.7264 | $ 10.8703 | -1.32% | $ 4,170,373 | 2017-08-17 |
| *B | DSC | SCL556 | $ 9.7910 | $ 9.9227 | -1.33% | $ 5,377,340 | 2017-08-17 |
| F | Eligible | SCL557 | $ 13.1025 | $ 13.2782 | -1.32% | $ 1,270,819 | 2017-08-17 |
| T8A | Front | SCL5558 | $ 4.5185 | $ 4.5791 | -1.32% | $ 3,142,565 | 2017-08-17 |
| *T8B | DSC | SCL5568 | $ 4.3002 | $ 4.3580 | -1.33% | $ 2,623,905 | 2017-08-17 |
| *T8C | Low | SCL5588 | $ 4.3061 | $ 4.3638 | -1.32% | $ 473,996 | 2017-08-17 |
| L | Low | SCL559 | $ 14.1912 | $ 14.3820 | -1.33% | $ 452,857 | 2017-08-17 |
| * Closed to new purchases. | |||||||
Portfolio Managers
Vice President, Investments
Senior Investment Analyst
Fund Performance (%)
| COMPOUND DATA | 1 Month | 3 Month | 6 Month | Year To Date | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception |
| A | (1.6) | (6.2) | (1.4) | (2.7) | 0.5 | 2.3 | 9.6 | 0.4 | 5.6 |
| Benchmark | (0.4) | (2.6) | 0.9 | 1.3 | 7.7 | 5.3 | 10.8 | 5.1 | 8.5 | Last Update: 7-31-17 |
| CALENDAR RETURN | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
| A | -9.8 | 10.8 | 23.3 | 27.7 | 2.4 | (6.0) | 3.0 | 21.8 | (45.4) | 7.5 | 15.9 |
| 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 | Stone & Co. Flagship Global Growth Fund, Sr. A | 9.0% |
| 2 | Amazon.com Inc | 5.5% |
| 3 | UnitedHealth Group Inc. | 4.7% |
| 4 | Alphabet Inc., Cl. C | 4.1% |
| 5 | Allergan PLC | 3.8% |
| 6 | Microsoft Corp | 3.7% |
| 7 | Celgene Corp | 3.7% |
| 8 | Mastercard Inc | 3.2% |
| 9 | Accenture Limited | 2.9% |
| 10 | Palo Alto Networks Inc | 2.8% |
| Total | 43.4% | |