*The S&P/TSX Total Return is the headline index for the Canadian equity market, including dividend reinvestment, in Canadian Dollars, while the S&P 500 is the headline index for the US equity market, including dividend reinvestment, in converted to Canadian dollars. Collectively, the combination of these indices, with a weighting of 65% and 35% respectively, form the “Benchmark”. This Benchmark is provided for information only and comparisons to the Benchmark has limitations. The Benchmark is an appropriate standard against which the performance of the VPI Total Equity Pool (“the Pool”) can be measured over longer time periods as it represents the primary investment environments from which the Portfolio Manager selects securities based on long-term growth. Although there are similarities, the Benchmark includes broad stock indices that includes both dividend and non dividend paying equities that is weighted based on market capitalization with not all securities aligning with the strategy of the Pool. Therefore, performance deviations relative to the Benchmark may be significant. The Pool also has concentrated investments in a limited number of companies compared to the Benchmark. As a result, a change in one security’s value may have more effect on the Pool’s value as compared to the Benchmark.
Contents of this web page are based on information
that is publicly available or that has been provided by Value Partners
Investments Inc. (Value Partners). The information provided includes views or
opinions of Value Partners, in its capacity as the fund manager of VPI Total Equity Pool (the Pool), and does not constitute individual, legal, investment,
or tax advice about the Pool or the issuers discussed therein. Information
about specific issuers of securities has been made available by Value Partners
for the sole purpose of providing additional background information on the
holdings in the Pool, and is not intended to be investment advice about the
merits of investing directly in these issuers. Please consult your own legal,
investment, and/or tax advisor prior to making a decision to invest in the
Pool.
The complete holdings of the Pool are disclosed in its Financial Statements semi-annually. On a quarterly basis, the Pool
discloses its top 25 holdings in its Top 25 Holdings report. Both
these documents are available here on our website under the Documents option by selecting Regulatory Documents.
Value Partners is a registered investment fund manager and has engaged Dixon Mitchell Investment Counsel Inc., a registered portfolio manager, to make decisions about the investments made by the Pool - these investment decisions are not made by Value Partners.
Commissions, trailing
commissions, management fees, and expenses all may be associated with mutual
fund investments. Please read the fund facts document and the prospectus before
investing. Mutual funds are not guaranteed, their values change frequently, and past performance will not tell you how the Pool will perform in the future, particularly since the investment objectives of the Fund changed effective December 1, 2013, and the portfolio manager of the Pool changed in December 1, 2013 and June 24, 2020.