Stone Growth Fund
Suitable for investors seeking exposure to an actively managed, long-term North American equity portfolio. The Portfolio Management team has the ability to invest up to 50% of the Fund in U.S. stocks, and can enhance performance by investing up to 15% of the Portfolio in small cap companies.
Fund FactsFund Details
Fund Type
North American Equity
Fund Mandate
Pure Growth®
Manager
Stone Asset Management Limited
Portfolio Manager
Stone Asset Management Limited
Fund Net Assets
$13.1 million
Distribution
For 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 Date
November, 1995
Minimal Initial Investment
$1,000 (A, L & F) – $5,000 (T8A)
Why Invest
- 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.
Portfolio Managers
Michael Giordano, CPA, CA, MBA, CIM
Experience:
René Fantin, MBA, CFA
Experience:
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