Sceptre Global Equity Fund
Investment Objective
The objective of the Sceptre Global Equity Fund is to achieve, over the long term, the highest possible return that is consistent with a fundamental investment philosophy through investment primarily in foreign equity securities.
Investment Strategy
Sceptre employs a fundamental approach to investing. In-depth stock and industry analysis is conducted by a team of investment professionals and is supplemented with quantitative value/growth and financial quality screens to monitor a large universe of companies world-wide. Our team includes individuals with specific sector expertise which facilitates original in-house research. By combining management interviews, independent and broker research and financial analysis, we are able to directly assess the investment merits of the stocks in our universe. We invest in high quality companies with valuations and growth profiles that compare favourably on a world-wide basis.
Along with stock selection, equity portfolio construction is extremely important. We consider each security based on its own investment merits as well as its potential effect on the overall risk/reward profile of the Fund. Economic factors, industry exposures and geography are carefully considered and reviewed in constructing the portfolio. Weightings are a reflection of our bottom-up stock selection process and our portfolio risk analysis. These weightings are reviewed and adjusted in the context of our global economic outlook.
Class O Returns for the Period ended: June 30, 20101
 |
1 Mth.
%
|
3 Mth.
%
| Year to Date
% |
1 Yr.
%
|
3 Yrs.2
%
|
5 Yrs.2
%
|
10 Yrs.2
%
| Since Inception2
% |
| Global Equity Fund | -3.4 | -9.6 | -8.9 | -0.4 | -12.7 | -3.6 | N/A | -3.5 |
| MSCI World Index3 | -2.2 | -8.3 | -8.3 | 1.4 | -11.0 | -2.2 | N/A | -2.0 |
Class O Returns for the One Year Periods ended: June 30
| 2010
% | 2009
% | 2008
% | 2007
% | 2006
% |
| Global Equity Fund | -0.4 | -22.8 | -13.6 | 17.9 | 6.5 |
| MSCI World Index3 | 1.4 | -18.7 | -14.3 | 18.8 | 6.7 |
1 The rates of return are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values of the mutual funds or returns on the investment in the mutual funds. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing.
2 Sceptre Private Asset Management Fund Units are available for institutional and high net worth investors including other funds. Only investors who meet our discretionary account requirements and minimum investment levels will be eligible to purchase these Units.
3 In Canadian dollar terms.
