Portfolio Highstreet International Equity Fund A
Lead Portfolio Manager* Robert Yan
Benchmark** MSCI EAFE Net Index

Objective

The investment objectives of the Fund are to provide investors with:

  • The opportunity for capital appreciation by investing in securities of companies located in Europe, Australasia, and the Far East
  • A rate of return in excess to the benchmark
  • A risk profile similar to the benchmark

Process

The Fund follows a disciplined, quantitative investment approach.

The Fund’s investment process contains 3 key steps: Quantitative Alpha Model, Technical Analysis, and Qualitative Verification. A 'bottom-up' stock selection approach employing Valuation, Asset Growth, Earnings Quality and Market Reaction forms the basis of the process. The Fund strives to have an attractive quantitative profile by selecting stocks with an attractive multi-factor profile and disposing stocks with unattractive multi-factor profile.

 International Equity Process


Performance Overview - Annualized Returns 

QTD % YTD % 1 Year % 3 Year % 5 Year % 10 Year % SPSD %
2.35 2.35 27.08 2.72 5.36 5.83 3.03

Performance as of March 31, 2021. Since Performance Start Date (PSD) - January 11, 2006. All information is in Canadian dollars. The performance presented is gross of management fees and administrative (fund) expenses and rates of return for greater than one year have been annualised. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all dividends and distributions. Performance is historical and is not intended to be indicative of future returns.

 

*Effective January 1, 2020, all members of the Highstreet Pooled Funds Investment Team are employees and registrants of AGF Investments Inc., an affiliate of Highstreet Asset Management Inc. Effective April 1, 2020 the Investment Fund Manager, Portfolio Manager and Trustee of the Highstreet Pooled Funds is AGF Investments Inc. The Highstreet Pooled Funds are investment vehicles offered exclusively to clients of Highstreet Asset Management Inc.

**The MSCI EAFE Net Index is a market capitalization weighted index, net of dividend withholding tax (based on applying the maximum rate of the company's country of incorporation applicable to institutional investors), that measures the equity market performance of developed European, Australasian and Far East countries (the MSCI World Index except Canada and the U.S.).The index covers approximately 85% of the free float-adjusted market capitalization in each country. In Sept 2012 the fund’s benchmark changed from MSCI EAFE IMI to MSCI EAFE Net Index. The benchmark change was applied from this date forward.

The Highstreet Pooled Funds are prospectus-exempt products and are offered on a private placement basis. Units are offered on a continuous basis to investors who meet the definition of an ‘accredited investor’. Units of the funds are offered to residents in provinces and territories of Canada pursuant to exemptions set forth under National Instrument 45-106 from the prospectus requirements. Please read the offering memorandum before investing in Pooled Funds.