The objective of the fund is to achieve superior long-term results through investment in high quality US companies that offer the best relative value at an acceptable and prudent level of risk. The fund allows for some latitude around the benchmark to manage through a wide variety of economic environments.
To achieve the fund’s investment objective, the fund invests in US companies that have superior management, industry leadership, a high level of profitability compared to their competitors, a sound financial position and strong earnings growth.
This fund is managed by Phillips, Hager & North Investment Management Ltd.