DOCSLIB.ORG

Interim Financial Statements the Accompanying Interim Financial Statements Have Not Been Reviewed by the External Auditors of the Funds

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Interim Financial Statements the Accompanying Interim Financial Statements Have Not Been Reviewed by the External Auditors of the Funds MANAGEMENT’S RESPONSIBILITY FOR FINANCIAL REPORTING The accompanying financial statements have been prepared by RBC Global Asset Management Inc. (“RBC GAM”) as manager of the RBC GAM Investment Funds (the “Funds”) and approved by the Board of Directors of RBC GAM. We are responsible for the information contained within the financial statements. We have maintained appropriate procedures and controls to ensure that timely and reliable financial information is produced. The financial statements have been prepared in compliance with International Financial Reporting Standards (“IFRS”) (and they include certain amounts that are based on estimates and judgments). The significant accounting policies, which we believe are appropriate for the Funds, are described in Note 3 to the financial statements. Damon G. Williams, FSA, FCIA, CFA Heidi Johnston, CPA, CA Chief Executive Officer Chief Financial Officer RBC Global Asset Management Inc. RBC GAM Funds August 8, 2019 Unaudited Interim Financial Statements The accompanying interim financial statements have not been reviewed by the external auditors of the Funds. The external auditors will be auditing the annual financial statements of the Funds in accordance with Canadian generally accepted auditing standards. 2019 INTERIM FINANCIAL STATEMENTS SCHEDULE OF INVESTMENT PORTFOLIO (unaudited) (in $000s) RBC QUBE CANADIAN EQUITY FUND June 30, 2019 Fair % of Net Fair % of Net Holdings Security Cost Value Assets Holdings Security Cost Value Assets CANADIAN EQUITIES Energy (cont.) Communication Services 698 900 Seven Generations Energy Ltd. $ 5 166 $ 4 487 814 300 BCE Inc. $ 46 682 $ 48 516 1 152 100 Suncor Energy Inc. 47 790 47 063 2 500 Cogeco Communications Inc. 231 235 639 600 TC Energy Corp. 39 773 41 523 270 000 Corus Entertainment Inc., Class B 1 702 1 658 349 936 334 271 18.2 477 400 Quebecor Inc., Class B 12 977 14 890 Financials 491 720 Rogers Communications Inc., 317 560 AGF Management Ltd., Class B 30 811 34 470 Class B 2 276 1 651 813 370 TELUS Corp. 36 281 39 375 486 075 Bank of Montreal 47 872 48 083 128 684 139 144 7.6 547 600 Bank of Nova Scotia 39 849 38 518 Consumer Discretionary 193 400 Brookfield Asset 58 898 BRP Inc. 2 955 2 756 Management Inc., Class A 11 010 12 117 186 900 Gildan Activewear Inc., Class A 9 189 9 472 70 360 Canaccord Genuity Group Inc. 492 422 154 600 Great Canadian Gaming Corp. 7 894 6 864 324 669 Canadian Imperial 337 900 Magna International Inc., Bank of Commerce 37 523 33 434 Class A 21 581 22 018 153 400 Element Fleet Management Corp. 1 412 1 467 128 200 Martinrea International Inc. 1 578 1 392 28 100 Equitable Group Inc. 1 892 2 040 55 500 MTY Food Group Inc. 3 064 3 627 17 800 Fairfax Financial Holdings Ltd. 11 722 11 441 141 100 Restaurant Brands 88 900 First National Financial Corp. 2 542 2 778 International Inc. 11 898 12 850 228 100 Genworth MI Canada Inc. 7 158 9 452 58 159 58 979 3.2 278 600 Home Capital Group Inc. 4 252 5 402 Consumer Staples 2 904 620 Manulife Financial Corporation 67 132 69 130 681 400 Alimentation Couche-Tard Inc. 45 732 56 154 618 548 National Bank of Canada 36 797 38 480 571 300 Empire Co. Ltd., Class A 14 618 18 841 1 300 860 Royal Bank of Canada* 123 144 135 381 293 900 Loblaw Companies Ltd. 18 219 19 706 1 853 843 Toronto-Dominion Bank 125 475 141 856 62 850 The North West Co. Inc. 1 898 1 879 520 548 551 652 29.9 80 467 96 580 5.2 Health Care Energy 187 900 Aurora Cannabis Inc. 2 027 1 928 832 600 ARC Resources Ltd. 7 425 5 337 113 490 Bausch Health Co. Inc. 3 934 3 750 504 900 Birchcliff Energy Ltd. 1 592 1 313 104 900 Canopy Growth Corp. 5 793 5 546 1 900 700 Bonavista Energy Corp. 8 385 930 11 754 11 224 0.6 63 700 Cameco Corp. 870 894 Industrials 966 400 Canadian Natural Resources Ltd. 38 214 34 124 927 000 Aecon Group Inc. 14 822 17 771 523 900 Cenovus Energy Inc. 6 926 6 051 732 800 Air Canada 15 928 29 085 1 107 050 Crescent Point Energy Corp. 6 695 4 794 160 300 Badger Daylighting Ltd. 7 389 7 659 1 458 300 Enbridge Inc. 66 497 68 978 16 000 Boyd Group Income Fund 2 358 2 648 370 400 Encana Corp. 4 732 2 489 396 453 Canadian National Railway Co. 39 155 48 050 171 400 Enerflex Ltd. 2 911 2 922 198 900 Canadian Pacific Railway Ltd. 50 911 61 347 962 900 Enerplus Corp. 13 651 9 485 62 600 Ritchie Bros. Auctioneers Inc. 2 967 2 726 1 059 500 Gibson Energy Inc. 22 853 24 739 658 500 TFI International Inc. 25 846 26 096 396 600 Husky Energy Inc. 6 948 4 922 355 900 Thomson Reuters Corp. 29 638 30 066 99 800 Imperial Oil Ltd. 3 840 3 619 90 285 Toromont Industries Ltd. 6 069 5 604 455 700 Parex Resources Inc. 7 737 9 574 53 950 Waste Connections Inc. 6 319 6 749 640 100 Parkland Fuel Corp. 26 589 26 596 50 900 Westshore Terminals 3 300 Pason Systems Inc. 61 63 Investment Corp. 1 112 1 119 693 900 Pembina Pipeline Corp. 30 359 33 828 56 300 WSP Global Inc. 3 804 4 059 137 700 Peyto Exploration & 206 318 242 979 13.2 Development Corp. 922 540 The accompanying notes are an integral part of the financial statements. S C H E D U L O F I N V T M P R ( i n $ 0 s ) SCHEDULE OF INVESTMENT PORTFOLIO (unaudited) (in $000s) RBC QUBE CANADIAN EQUITY FUND June 30, 2019 Fair % of Net Fair % of Net Holdings Security Cost Value Assets Holdings Security Cost Value Assets Information Technology Utilities 208 400 CGI Inc. $ 19 607 $ 20 982 1 202 900 Algonquin Power & 38 400 Constellation Software Inc. 24 013 47 395 Utilities Corp. $ 19 030 $ 19 090 160 400 Enghouse Systems Ltd. 6 277 5 555 130 100 Atco Ltd., Class I, Non-Voting 5 969 5 743 367 600 Open Text Corp. 19 200 19 865 149 500 Brookfield Infrastructure 50 300 Shopify Inc., Class A 11 877 19 797 Partners LP 7 818 8 391 80 974 113 594 6.2 47 300 Canadian Utilities Ltd., Class A 1 793 1 748 Materials 577 200 Capital Power Corp. 12 090 17 403 611 100 B2Gold Corp. 2 401 2 432 62 800 Hydro One Ltd. 1 347 1 434 377 900 Barrick Gold Corp. 6 113 7 811 877 500 Northland Power Inc. 21 955 22 376 303 214 Canfor Corp. 6 467 3 223 70 002 76 185 4.1 173 300 Canfor Pulp Products Inc. 2 827 1 861 TOTAL CANADIAN EQUITIES 1 695 951 1 834 674 99.6 52 700 Centerra Gold Inc. 501 486 SHORT-TERM INVESTMENTS† 1 827 1 827 0.1 541 100 Detour Gold Corp. 7 110 8 939 TOTAL INVESTMENTS $ 1 697 778 1 836 501 99.7 23 700 Franco-Nevada Corp. 2 592 2 634 OTHER NET ASSETS ATTRIBUTABLE 2 035 100 Kinross Gold Corp. 10 018 10 298 TO HOLDERS OF REDEEMABLE UNITS 5 581 0.3 536 600 Kirkland Lake Gold Ltd. 11 891 30 275 NET ASSETS ATTRIBUTABLE TO 194 400 Labrador Iron Ore Royalty Corp. 6 035 6 808 HOLDERS OF REDEEMABLE UNITS $ 1 842 082 100.0 271 600 Largo Resources Ltd. 678 492 160 108 Methanex Corp. 11 742 9 518 * Investment in related party (see note 8 in the generic notes). 237 129 Norbord Inc. 8 762 7 697 † Short-term investments, which may be made up of treasury bills, commercial paper, term deposits 268 500 Nutrien Ltd. 16 848 18 808 and discount notes, earn interest at a rate of 1.70% and mature on July 2, 2019. 2 075 600 OceanaGold Corp. 7 204 7 431 355 800 Pretium Resources Inc. 4 204 4 657 959 900 Silvercorp Metals Inc. 4 000 3 110 747 800 Teck Resources Ltd., Class B 21 452 22 599 476 100 Torex Gold Resources Inc. 5 956 6 408 31 454 Wesdome Gold Mines Ltd. 135 170 16 700 West Fraser Timber Co. Ltd. 1 153 997 3 992 400 Yamana Gold Inc. 13 660 13 255 151 749 169 909 9.2 Real Estate 158 200 Boardwalk Real Estate Investment Trust 7 601 6 303 18 000 Brookfield Property Partners LP 434 445 241 800 Canadian Apartment Properties Real Estate Investment Trust 9 250 11 693 209 300 Dream Global Real Estate Investment Trust 2 811 2 857 284 800 Dream Office Real Estate Investment Trust 5 866 6 733 143 200 H&R Real Estate Investment Trust 3 272 3 271 4 800 Morguard Corp. 860 899 190 150 Northview Apartment Real Estate Investment Trust 4 120 5 115 284 100 Tricon Capital Group Inc. 3 146 2 841 37 360 40 157 2.2 The accompanying notes are an integral part of the financial statements. S C H E D U L O F I N V T M P R ( i n $ 0 s ) FINANCIAL STATEMENTS (unaudited) RBC QUBE CANADIAN EQUITY FUND Statements of Financial Position (unaudited) Statements of Comprehensive Income (unaudited) (in $000s except per unit amounts) (in $000s except per unit amounts) June 30 December 31 For the periods ended June 30 (see note 2 in the generic notes) 2019 2018 (see note 2 in the generic notes) 2019 2018 ASSETS INCOME (see note 3 in the generic notes) Investments at fair value $ 1 836 501 $ 1 623 700 Dividends $ 28 305 $ 23 575 Cash 433 395 Interest for distribution purposes 14 11 Due from investment dealers 75 469 3 097 Income from investment trusts 797 520 Subscriptions receivable 44 35 Derivative income (6) – Dividends receivable, interest accrued Net realized gain (loss) on investments 16 691 14 297 and other assets 5 800 4 896 Change in unrealized gain (loss) on investments 201 170 25 646 TOTAL ASSETS 1 918 247 1 632 123 TOTAL NET GAIN (LOSS) ON LIABILITIES INVESTMENTS AND DERIVATIVES 246 971 64 049 Due to investment dealers 76 040 3 092 Securities lending revenue Redemptions payable 87 58 (see note 7 in the generic notes) 249 104 Distributions payable – 5 Net gain (loss) on foreign cash balances (27) 3 Accounts payable and accrued expenses 38 33 TOTAL OTHER INCOME (LOSS) 222 107 TOTAL LIABILITIES EXCLUDING NET ASSETS TOTAL INCOME (LOSS) 247 193 64 156 ATTRIBUTABLE TO HOLDERS OF EXPENSES (see notes – Fund Specific Information) REDEEMABLE UNITS 76 165 3 188 Management fees 11 – NET ASSETS ATTRIBUTABLE TO HOLDERS Administration fees 180 160 OF REDEEMABLE UNITS (“NAV”) $ 1 842 082 $ 1 628 935 Independent Review Committee costs 1 1 GST/HST 24 20 Investments at cost $ 1 697 778 $ 1 686 147 Transaction costs 849 911 Withholding tax – 1 NAV TOTAL EXPENSES 1 065 1 093 SERIES F $ 5 071 $ 1 194 INCREASE (DECREASE) IN NAV $ 246 128 $ 63 063 SERIES O $ 1 837 011 $ 1 627 741 INCREASE (DECREASE) IN NAV NAV PER UNIT SERIES F $ 295 $ – SERIES F $ 9.74 $ 8.49 SERIES O $ 245 833 $ 63 063 SERIES O $ 12.18 $ 10.58 INCREASE (DECREASE) IN NAV PER UNIT SERIES F $ 0.79 $ – SERIES O $ 1.62 $ 0.47 The accompanying notes are an integral part of these financial statements.
Load more

Recommended publications
  • THE ROYAL INSTITUTION for the ADVANCEMENT of LEARNING/Mcgill UNIVERSITY
    THE ROYAL INSTITUTION FOR THE ADVANCEMENT OF LEARNING/McGILL UNIVERSITY Canadian Equities │ As at June 30, 2016 Canadian Equities Above $500,000 Publicly Traded and Held in Segregated Accounts As at June 30, 2016 (in Cdn $) TORONTO DOMINION BANK 9,836,604 BANK OF NOVA SCOTIA 1,095,263 ROYAL BANK OF CANADA 9,328,748 AGRIUM INC 1,087,077 SUNCOR ENERGY INC 5,444,096 ATS AUTOMATION TOOLING SYS INC 1,072,165 ENBRIDGE INC 4,849,078 KEYERA CORP 1,067,040 ALIMENTATION COUCHE-TARD INC 4,628,364 ENERFLEX LTD 1,054,629 BROOKFIELD ASSET MGMT INC 4,391,535 GILDAN ACTIVEWEAR INC 1,040,600 CGI GROUP INC 4,310,339 EMERA INC 1,025,882 TELUS CORP 4,276,480 CANADIAN UTILITIES LTD 1,014,353 FRANCO-NEVADA CORP 4,155,552 EXCO TECHNOLOGIES LTD 1,008,903 INTACT FINANCIAL CORP 3,488,562 WSP GLOBAL INC 999,856 LOBLAW COMPANIES LTD 3,476,233 MACDONALD DETTWILER & ASSOC 997,083 CANADIAN NATURAL RESOURCES LTD 3,337,079 NUVISTA ENERGY LTD 995,413 CCL INDUSTRIES INC 3,219,484 IMPERIAL OIL LTD 968,856 ROGERS COMMUNICATIONS INC 3,117,080 CI FINANCIAL INC 954,030 CONSTELLATION SOFTWARE INC 2,650,053 STANTEC INC 910,638 GOLDCORP INC 2,622,792 CANYON SERVICES GROUP INC 892,457 ONEX CORP 2,575,400 HIGH LINER FOODS 841,407 PEYTO EXPLORATION & DEV CORP 2,509,098 MAJOR DRILLING GROUP INTL INC 838,304 AGNICO EAGLE MINES LIMITED 2,475,212 EQUITABLE GROUP INC 831,396 SUN LIFE FINANCIAL INC 2,414,836 DOLLARAMA INC 829,840 BCE INC 1,999,278 LEON'S FURNITURE LTD 781,495 ENGHOUSE SYSTEMS LTD 1,867,298 CANADIAN ENERGY SERVICES &TECH 779,690 STELLA-JONES INC 1,840,208 SHAWCOR LTD 775,126
    [Show full text]
  • Retirement Strategy Fund 2060 Description Plan 3S DCP & JRA
    Retirement Strategy Fund 2060 June 30, 2020 Note: Numbers may not always add up due to rounding. % Invested For Each Plan Description Plan 3s DCP & JRA ACTIVIA PROPERTIES INC REIT 0.0137% 0.0137% AEON REIT INVESTMENT CORP REIT 0.0195% 0.0195% ALEXANDER + BALDWIN INC REIT 0.0118% 0.0118% ALEXANDRIA REAL ESTATE EQUIT REIT USD.01 0.0585% 0.0585% ALLIANCEBERNSTEIN GOVT STIF SSC FUND 64BA AGIS 587 0.0329% 0.0329% ALLIED PROPERTIES REAL ESTAT REIT 0.0219% 0.0219% AMERICAN CAMPUS COMMUNITIES REIT USD.01 0.0277% 0.0277% AMERICAN HOMES 4 RENT A REIT USD.01 0.0396% 0.0396% AMERICOLD REALTY TRUST REIT USD.01 0.0427% 0.0427% ARMADA HOFFLER PROPERTIES IN REIT USD.01 0.0124% 0.0124% AROUNDTOWN SA COMMON STOCK EUR.01 0.0248% 0.0248% ASSURA PLC REIT GBP.1 0.0319% 0.0319% AUSTRALIAN DOLLAR 0.0061% 0.0061% AZRIELI GROUP LTD COMMON STOCK ILS.1 0.0101% 0.0101% BLUEROCK RESIDENTIAL GROWTH REIT USD.01 0.0102% 0.0102% BOSTON PROPERTIES INC REIT USD.01 0.0580% 0.0580% BRAZILIAN REAL 0.0000% 0.0000% BRIXMOR PROPERTY GROUP INC REIT USD.01 0.0418% 0.0418% CA IMMOBILIEN ANLAGEN AG COMMON STOCK 0.0191% 0.0191% CAMDEN PROPERTY TRUST REIT USD.01 0.0394% 0.0394% CANADIAN DOLLAR 0.0005% 0.0005% CAPITALAND COMMERCIAL TRUST REIT 0.0228% 0.0228% CIFI HOLDINGS GROUP CO LTD COMMON STOCK HKD.1 0.0105% 0.0105% CITY DEVELOPMENTS LTD COMMON STOCK 0.0129% 0.0129% CK ASSET HOLDINGS LTD COMMON STOCK HKD1.0 0.0378% 0.0378% COMFORIA RESIDENTIAL REIT IN REIT 0.0328% 0.0328% COUSINS PROPERTIES INC REIT USD1.0 0.0403% 0.0403% CUBESMART REIT USD.01 0.0359% 0.0359% DAIWA OFFICE INVESTMENT
    [Show full text]
  • DFA Canada Canadian Vector Equity Fund - Class a As of July 31, 2021 (Updated Monthly) Source: RBC Holdings Are Subject to Change
    DFA Canada Canadian Vector Equity Fund - Class A As of July 31, 2021 (Updated Monthly) Source: RBC Holdings are subject to change. The information below represents the portfolio's holdings (excluding cash and cash equivalents) as of the date indicated, and may not be representative of the current or future investments of the portfolio. The information below should not be relied upon by the reader as research or investment advice regarding any security. This listing of portfolio holdings is for informational purposes only and should not be deemed a recommendation to buy the securities. The holdings information below does not constitute an offer to sell or a solicitation of an offer to buy any security. The holdings information has not been audited. By viewing this listing of portfolio holdings, you are agreeing to not redistribute the information and to not misuse this information to the detriment of portfolio shareholders. Misuse of this information includes, but is not limited to, (i) purchasing or selling any securities listed in the portfolio holdings solely in reliance upon this information; (ii) trading against any of the portfolios or (iii) knowingly engaging in any trading practices that are damaging to Dimensional or one of the portfolios. Investors should consider the portfolio's investment objectives, risks, and charges and expenses, which are contained in the Prospectus. Investors should read it carefully before investing. Your use of this website signifies that you agree to follow and be bound by the terms and conditions of
    [Show full text]
  • Women in Leadership at S&P/Tsx Companies
    WOMEN IN LEADERSHIP AT S&P/TSX COMPANIES Women in Leadership at WOMEN’S S&P/TSX Companies ECONOMIC Welcome to the first Progress Report of Women on Boards and Executive PARTICIPATION Teams for the companies in the S&P/TSX Composite Index, the headline AND LEADERSHIP index for the Canadian equity market. This report is a collaboration between Catalyst, a global nonprofit working with many of the world’s leading ARE ESSENTIAL TO companies to help build workplaces that work for women, and the 30% Club DRIVING BUSINESS Canada, the global campaign that encourages greater representation of PERFORMANCE women on boards and executive teams. AND ACHIEVING Women’s economic participation and leadership are essential to driving GENDER BALANCE business performance, and achieving gender balance on corporate boards ON CORPORATE and among executive ranks has become an economic imperative. As in all business ventures, a numeric goal provides real impetus for change, and our BOARDS collective goal is for 30% of board seats and C-Suites to be held by women by 2022. This report offers a snapshot of progress for Canada’s largest public companies from 2015 to 2019, using the S&P/TSX Composite Index, widely viewed as a barometer of the Canadian economy. All data was supplied by MarketIntelWorks, a data research and analytics firm with a focus on gender diversity, and is based on a review of 234 S&P/TSX Composite Index companies as of December 31, 2019. The report also provides a comparative perspective on progress for companies listed on the S&P/TSX Composite Index versus all disclosing companies on the TSX itself, signalling the amount of work that still needs to be done.
    [Show full text]
  • Annual Information Form 2019
    MTY FOOD GROUP INC. 8210 Trans-Canada Road St-Laurent, Quebec, H4S 1M5 Annual Information Form For the year ended November 30, 2019 February 23, 2020 TABLE OF CONTENTS PRELIMINARY NOTES AND CAUTIONARY STATEMENT .......................................... 5 CORPORATE STRUCTURE .......................................................................................... 6 Name, Address and Incorporation of the Company ...................................................................... 6 Intercorporate Relationships ............................................................................................................. 7 GENERAL DEVELOPMENT OF THE BUSINESS ......................................................... 7 Recent events ................................................................................................................................... 7 3 Year History .................................................................................................................................... 7 DESCRIPTION OF THE BUSINESS OF THE COMPANY ............................................. 9 Overview ............................................................................................................................................. 9 Restaurant Industry ....................................................................................................................... 10 Development of the Business ..................................................................................................... 11 System Sales ..................................................................................................................................
    [Show full text]
  • International Smallcap Separate Account As of July 31, 2017
    International SmallCap Separate Account As of July 31, 2017 SCHEDULE OF INVESTMENTS MARKET % OF SECURITY SHARES VALUE ASSETS AUSTRALIA INVESTA OFFICE FUND 2,473,742 $ 8,969,266 0.47% DOWNER EDI LTD 1,537,965 $ 7,812,219 0.41% ALUMINA LTD 4,980,762 $ 7,549,549 0.39% BLUESCOPE STEEL LTD 677,708 $ 7,124,620 0.37% SEVEN GROUP HOLDINGS LTD 681,258 $ 6,506,423 0.34% NORTHERN STAR RESOURCES LTD 995,867 $ 3,520,779 0.18% DOWNER EDI LTD 119,088 $ 604,917 0.03% TABCORP HOLDINGS LTD 162,980 $ 543,462 0.03% CENTAMIN EGYPT LTD 240,680 $ 527,481 0.03% ORORA LTD 234,345 $ 516,380 0.03% ANSELL LTD 28,800 $ 504,978 0.03% ILUKA RESOURCES LTD 67,000 $ 482,693 0.03% NIB HOLDINGS LTD 99,941 $ 458,176 0.02% JB HI-FI LTD 21,914 $ 454,940 0.02% SPARK INFRASTRUCTURE GROUP 214,049 $ 427,642 0.02% SIMS METAL MANAGEMENT LTD 33,123 $ 410,590 0.02% DULUXGROUP LTD 77,229 $ 406,376 0.02% PRIMARY HEALTH CARE LTD 148,843 $ 402,474 0.02% METCASH LTD 191,136 $ 399,917 0.02% IOOF HOLDINGS LTD 48,732 $ 390,666 0.02% OZ MINERALS LTD 57,242 $ 381,763 0.02% WORLEYPARSON LTD 39,819 $ 375,028 0.02% LINK ADMINISTRATION HOLDINGS 60,870 $ 374,480 0.02% CARSALES.COM AU LTD 37,481 $ 369,611 0.02% ADELAIDE BRIGHTON LTD 80,460 $ 361,322 0.02% IRESS LIMITED 33,454 $ 344,683 0.02% QUBE HOLDINGS LTD 152,619 $ 323,777 0.02% GRAINCORP LTD 45,577 $ 317,565 0.02% Not FDIC or NCUA Insured PQ 1041 May Lose Value, Not a Deposit, No Bank or Credit Union Guarantee 07-17 Not Insured by any Federal Government Agency Informational data only.
    [Show full text]
  • Wednesday's TSX Breakouts: a Little-Known Stock That's up 38% with a Further 40% Gain Forecast
    TOP STORIES Trudeau appoints Jacqueline O’Neill as Canada’s first ambassador for women, peace and security ANALYSIS Wednesday’s TSX breakouts: A little-known stock that’s up 38% with a further 40% gain forecast JENNIFER DOWTY PUBLISHED 7 HOURS AGO FOR SUBSCRIBERS 0 COMMENTS On today’s TSX Breakouts report, there are 30 stocks on the positive breakouts list (stocks with positive price momentum), and 36 securities are on the negative breakouts list (stocks with negative price momentum). Discussed today is a stock that investors with a high risk tolerance may want to put on their radar and conduct further research on. This micro-cap stock is in an uptrend, closing at a record high on May 31. Year-to-date, the share price is up nearly 38 per cent. However, in the absence of any news and elevated market volatility, the share price may drift down to the high 80 cent range in the near-term. There are two analysts who cover the company and both analysts expect the stock to deliver solid double-digit returns over the next 12 months (forecast one-year returns are 54 per cent by one analyst and 26 per cent by another analyst). The security featured today is Redishred Capital Corp. (KUT-X). STORY CONTINUES BELOW ADVERTISEMENT https://www.theglobeandmail.com/investing/markets/inside-th…days-tsx-breakouts-a-little-known-stock-thats-up-38-with-a/ 2019-06-12, 258 PM Page 1 of 14 A brief outline is provided below that may serve as a springboard for further fundamental research.
    [Show full text]
  • Advisor Managed Accounts: October 2020 Commentary
    CIBC WOOD GUNDY BLUE HERON ADVISORY GROUP www.blueherongroup.ca I 250 361-2284 [email protected] ADVISOR MANAGED ACCOUNTS: OCTOBER 2020 COMMENTARY We are prone to review our actions to assess what worked as we had hoped and what could be improved upon. Through the early part of this year we are heartened that our investment process based around the equity action call – when to be cautious and raise cash, and when to return to fully invested – have added value for our clients. As the COVID pandemic began to move around the globe in early March uncertainty became apparent and the equity markets deteriorated. Our Equity Action Call moved from green to yellow to red in fairly short order and by rule we raised cash in our managed portfolios. We feel this was a prudent move not just in the context of following our discipline, but also in the general context of uncertainty. Many of our colleagues and investors across the country took similar action so we do not feel this to be a particularly bold or unique call. However, more interesting to us was that by the middle of April the equity markets had started to regain their footing and money began to flow back in. Despite a continuing abundance of uncertainty and economic disruption, stock prices began to rise. By the end of April our Equity Action call had returned to green and our portfolios were again fully invested. This allowed our clients to participate is a substantial rise in equity values over the last 6 months from May through October, double digit gains in many of our portfolios.
    [Show full text]
  • MTY FOOD GROUP INC. 8150 Trans-Canada Highway, Suite 200 St-Laurent, Québec H4S 1M5
    MTY FOOD GROUP INC. 8150 Trans-Canada Highway, suite 200 St-Laurent, Québec H4S 1M5 Annual Information Form For the year ended November 30, 2015 February 15, 2016 TABLE OF CONTENTS PRELIMINARY NOTES AND CAUTIONARY STATEMENT .......................................... 5 CORPORATE STRUCTURE .......................................................................................... 7 Name, Address and Incorporation of the Company ...................................................................... 7 Intercorporate Relationships ............................................................................................................. 8 GENERAL DEVELOPMENT OF THE BUSINESS ....................................................... 10 3 Year History .................................................................................................................................. 10 DESCRIPTION OF THE BUSINESS OF THE COMPANY ........................................... 13 Overview ........................................................................................................................................... 13 Brief Description of the Company’s Concepts: ..................................................................... 13 Restaurant Industry ....................................................................................................................... 17 Development of the Business ..................................................................................................... 19 System Sales ..................................................................................................................................
    [Show full text]
  • STOXX Canada 240 Last Updated: 02.01.2018
    STOXX Canada 240 Last Updated: 02.01.2018 Rank Rank (PREVIOU ISIN Sedol RIC Int.Key Company Name Country Currency Component FF Mcap (BEUR) (FINAL) S) CA7800871021 2754383 RY.TO RY Royal Bank of Canada CA CAD Y 99.5 1 1 CA8911605092 2897222 TD.TO TDpD Toronto-Dominion Bank CA CAD Y 90.5 2 2 CA0641491075 2076281 BNS.TO BNS Bank of Nova Scotia CA CAD Y 64.6 3 3 CA29250N1050 2466149 ENB.TO IPL Enbridge Inc. CA CAD Y 54.0 4 4 CA8672241079 B3NB1P2 SU.TO T.SU Suncor Energy Inc. CA CAD Y 50.8 5 5 CA1363751027 2180632 CNR.TO TCNR Canadian National Railway Co. CA CAD Y 44.7 6 6 CA0636711016 2076009 BMO.TO BMO Bank of Montreal CA CAD Y 43.3 7 7 CA05534B7604 B188TH2 BCE.TO B BCE Inc. CA CAD Y 36.1 8 8 CA1360691010 2170525 CM.TO 217052 Canadian Imperial Bank of Comm CA CAD Y 35.8 9 11 CA89353D1078 2665184 TRP.TO TRP TransCanada Corp. CA CAD Y 35.6 10 9 CA56501R1064 2492519 MFC.TO 274642 Manulife Financial Corp. CA CAD Y 34.5 11 10 CA1363851017 2171573 CNQ.TO TCNQ Canadian Natural Resources Ltd CA CAD Y 33.4 12 12 CA1125851040 2092599 BAMa.TO TEBC.A BROOKFIELD ASSET MANAGEMENT CA CAD Y 32.9 13 13 CA13645T1003 2793115 CP.TO 279311 Canadian Pacific Railway Ltd. CA CAD Y 22.4 14 14 CA8667961053 2566124 SLF.TO 256612 Sun Life Financial Inc. CA CAD Y 21.1 15 15 CA87971M1032 2381093 T.TO BCT TELUS CA CAD Y 18.8 16 16 CA01626P4033 2011646 ATDb.TO 201164 ALIMENTATION CCH.TARD CA CAD Y 18.3 17 17 CA5592224011 2554475 MG.TO MG.A Magna International Inc.
    [Show full text]
  • RBC LPIM Canadian Technical and Quantitative Total Return Securities
    December 2018 RBC LPIM Canadian Technical And Quantitative Total Return Securities GLOBAL INVESTMENT SOLUTIONS FOR THE INFORMATION OF INVESTORS IN OUTSTANDING RBC LPIM CANADIAN TECHNICAL AND QUANTITATIVE TOTAL RETURN SECURITIES ONLY Investment Objective: EQUITY INVESTMENT – DECEMBER 2018 The Debt Securities have been designed to provide As of November 30, 2018, the Portfolio was allocated 70% to an Equity Investment and 30% to a Fixed Income Investment. investors with “long” exposure to the Bank’s Indicated dividend yield on the Underlying Equity Securities as of November 30, 2018 was 1.69% and weighted indicated dividend proprietary 6-factor quantitative model (the yield on the Underlying Equity Securities as of November 30, 2018 was 1.63%. “Model”), with the ability to allocate to a Fixed Dividend Yield Income Investment based on whether the stocks in Sector Symbol Company Weight (%) Rank the S&P/TSX Composite Index (the “Index”) exhibit Energy PKI Parkland Fuel Corp. 6.97% 3.00 13 bearish trends to such an extent that the stocks of Industrials AC Air Canada 8.64% 0.00 30 less than 20 issuers are eligible for notional inclusion ARE Aecon Group Inc. 6.85% 2.67 23 in the Equity Investment as determined by the BAD Badger Daylighting Ltd. 5.79% 1.69 10 Consumer Discretionary GIL Gildan Activewear Inc. 7.85% 1.36 26 Model. The goal of this strategy is to be exposed to MTY MTY Food Group Inc. 6.62% 0.91 5 the performance of the stocks selected by the GC Great Canadian Gaming Corp. 5.79% 0.00 8 Model, including dividends and other distributions, Consumer Staples ATD.B Alimentation Couche-Tard Inc.
    [Show full text]
  • Arizona Connections to Canada
    Arizona Connections to Canada 7,260 flights between Canada and Arizona in 2017 in Arizona in Canada 278 Canadian-owned businesses 40 Arizona-headquartered creating 26,480 jobs businesses creating 3,650 jobs Origin of Canadian Owned Businesses 32% North 68% West East 32% of Canadian-owned 68% of Canadian-owned businesses with locations in businesses with locations in Arizona originate from Arizona originate from western Canada eastern Canada Yukon Northwest Nunavut Territories NL British Columbia NL Alberta Manitoba Saskatchewan Ontario Quebec PE NB NS Source: 2017 Arizona COG/MPO Employer Database Top Businesses and Key Industries Top 10 Canadian-Owned Companies Canadian-Owned Businesses and Jobs in Arizona by Total Jobs in Arizona Key Industries 1 Alimentation Couche-Tard Inc 5,600 Aerospace Finance Healthcare 2 3G Capital 4,010 3 Fortis Inc 1,750 4 Mty Food Group Inc 1,200 Businesses: 15 Businesses: 36 Businesses: 11 Jobs: 1,420 Jobs: 2,320 Jobs: 880 5 Onex Corporation 860 6 Bank of Montreal 780 Information Manufacturing Wholesale Technology Distribution 7 Brookfield Asset Management Inc 670 8 Boyd Group Income Fund 620 9 Four Seasons Hotels and Resorts 450 Businesses: 15 Businesses: 41 Businesses: 19 10 Bombardier Inc 420 Jobs: 880 Jobs: 2,590 Jobs: 1,110 Source: 2017 Arizona COG/MPO Employer Database; Number of jobs rounded to the nearest 10 Air Travel Connection 931,700 Air travellers between Arizona and Canada in 2017 99% of air travellers between Arizona and Canada are to/from the Phoenix Metro Area Edmonton Kelowna % % Vancouver Calgary Saskatoon 31 28 Victoria Regina Winnipeg Montreal to/from to/from Calgary, AB Vancouver, BC Toronto 17 % 14% Bullhead City Phoenix to/from to/from Tucson Toronto, ON Edmonton, AB Note: These data account for direct flights between Arizona and Canada, both to and from Source: USDOT, Bureau of Transportation Statistics Prepared by the Maricopa Association of Governments (MAG) (602) 254-6300 www.azmag.gov .
    [Show full text]