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Disclaimer

I am an accredited or eligible investor as defined in National Instrument 45-106.

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Marquest Covered Call Canadian Banks Plus Fund

Marquest Group Of Funds

Marquest Covered Call Canadian Banks Plus Fund

Fund Profile
Fund Profile

Fund Prices 

As of 18-10-2017

Class A

Nav

9.75

$ Change

0.01

% Change

0.10

Class F

Nav

9.95

$ Change

0.02

% Change

0.20

Returns 

As of 30-09-2017

Class 1M 3M 6M YTD 1Y 3Y 5Y 10Y Inception Date of Inception
A3.81%5.12%2.77%4.22%13.36%6.05%----4.92%17-07-2014
F3.94%5.48%3.41%5.17%14.78%0.07%----6.60%17-07-2014

Key Reasons to Own This Fund

  • Attractive current dividend yield, enhanced with call option premiums
  • Opportunity for growth in dividends and long-term capital appreciation
  • Sector specific portfolio focus of Canadian banks, insurance and financial service companies equities

Investment Objective

The Fund seeks to receive dividend and option premium income and seeks long term capital appreciation by investing in dividend paying securities in the Canadian financial sector and employing a covered call option writing strategy on certain of those securities.

TOP 10 HOLDINGS

AS OF 30-09-2017

% OF ASSETS

  1. Toronto Dominion Bank

    9.93%

  2. Royal Bank of Canada

    9.50%

  3. Bank of Nova Scotia

    9.45%

  4. Canadian Imperial Bank of Commerce

    9.37%

  5. Bank of Montreal

    9.34%

  6. National Bank of Canada

    6.63%

  7. Cash

    6.49%

  8. Canadian Western Bank

    5.60%

  9. Fairfax Financial Holdings Ltd.

    5.11%

  10. Industrial Alliance Insurance

    4.88%

TOTAL: 76.30%

SECTOR ALLOCATION %

as of 30-09-2017

Financials 93.91

Cash 6.49

Net other assets (liabilities) 0.00

Fund Details

ASSET CLASS
Financial Services

MINIMUM INITIAL PURCHASE
$500; $25 subsequent purchases

ELIGIBILITY
RSP/RIF/TFSA

Risk Rating

Low

High

Medium

CLASS A

DISTRIBUTIONS
Monthly, Variable

MANAGEMENT FEE
1.65%

Fund Codes

Front End MAV 147
DSC MAV 247
Low Load DSC MAV 547
CLASS F

DISTRIBUTIONS
Monthly, Variable

MANAGEMENT FEE
0.65%

Fund Codes

MAV 767
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