Front Street Canadian Opportunities Fund Ltd.
Front Street Canadian Opportunities Fund Ltd. has an objective to outperform major North American equity indexes in all market conditions. This is possible because while traditional mutual funds tend to be tied to a specific sector or to the broader market and depend for their success upon a rise in the market, the main feature of this fund is that its manager can create value independent of market forces.
Performance
| Latest 7.22.10 | Previous 7.15.10 | Change ($) | Month's End 6.30.10 | Month-to-Date |
|---|---|---|---|---|
| $3,712.4145 | $3,686.9529 | +25.4616 | $3,594.8150 | +3.2% |
Front Street Canadian Opportunities Fund Ltd. is designed to isolate returns from the peaks and valleys of equity and bond markets, and of economic changes and cycles. The expectation is for positive returns regardless of the direction equity and bond markets take and, as a result of this growth consistency, the compounded accumulation of value.
Front Street Canadian Opportunities Fund Ltd. uses an investment approach that simultaneously employs a variety of proven trading strategies - such as pairs trading, short selling, arbitrage, and investing in undervalued securities - to realize both short- and long-term gains.
Value Added Monthly Index (VAMI) Since Inception
| 1 month | 6 months | Year-to-Date | CAGR |
1 year |
|---|---|---|---|---|
| -6.2% | -7.7% | -7.7% | 13.2% | 16.3% |
Portfolio
Sector Allocation
as at 12/31/09
Top Ten Holdings
as at 12/31/09; listed alphabetically
BANKERS PETROLEUM
BORALEX INC
CDN NATURAL RES
COOLBRANDS INTL
DESCARTES SYSTEMS
DRAGONWAVE INC
JAMBA INC.
LUNDIN MINING CORP
PACIFIC RUBIALES ENE
SUNCOR ENERGY INC
Recent News
Formerly known as First Wave Inc.