1 / 17

May 2010 – July 2012

May 2010 – July 2012 . Turtle Funds Performance. Turtle Cdn Balanced One year:   3rd out of Canadian Neutral Balanced 1216 funds. Turtle Funds Performance. Turtle Cdn Equity One year: 3rd out of Canadian Equity 856 funds . Outperformance During Downmarkets. * Vs. S&P/TSX

taipa
Download Presentation

May 2010 – July 2012

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. May 2010 – July 2012

  2. Turtle Funds Performance Turtle Cdn Balanced One year:   3rd out of Canadian Neutral Balanced 1216 funds

  3. Turtle Funds Performance Turtle Cdn Equity One year: 3rd out of Canadian Equity 856 funds

  4. Outperformance During Downmarkets * Vs. S&P/TSX ** Vs. 50% S&P/TSX 50% DEX Universe Bond Index

  5. Keith Graham Historical Performance

  6. Investment Philosophy • Capital Growth at a Conservative Pace • Absolute Return Focused • Fundamental Value Investing • Long-term, Bottom-up • 2 Key Questions • Is it A Good Business? • Is it a Good Price?

  7. Who Are We Rondeau Capital Inc. - Founder • 2 Year Old Firm, 20+ Years of Experience • G. Keith Graham, President & Founder • 20+ Years Investment Management Experience • Managed Multi-Billion $$ Pension & Mutual Fund Portfolios • Ontario Teachers Pension Plan Board, Trimark Investments, AGF Funds Inc.* • Multiple Awards** & Fund Building Success • MBA, CFA • * AGF Real Value Platform, Trimark Income Growth, Trimark Canadian Small Companies, Trimark Canadian Resources, Trimark Canadian Endeavor Fund • ** Best Canadian Balanced Fund (2001 & 2002), Best Small Cap Fund (2001) – Canadian Investment Awards

  8. The Power of Consistent Positive Returns Result: The “Turtle” Portfolio achieved larger assets with a lower but consistent return – Slow and Steady!

  9. Significant Economic Headwinds – Invest with caution and care • Long Term • Debt • Employment/Demographics • Valuation • Short Term • Europe • US Politics • China Slowdown

  10. ECB LTRO – If it looks like a Ponzi scheme…. Banks buy sovereign debt ECB LTRO: 1 Trillion+ EUR @ 1% for 3 years • 500-800 Banks took funds • Reduction in Collateral Quality

  11. US Debt Simplified • U.S. 2010 Tax revenue: $2,170,000,000,000 • Fed budget: $3,820,000,000,000 • New debt: $ 1,650,000,000,000 • National debt: $14,271,000,000,000 • 2011 Budget Cut $ 38,500,000,000 Now, remove 8 zeros and pretend it's a household budget. • Annual family income: $21,700 • Money the family spent: $38,200 • New debt on the credit card: $16,500 • Outstanding balance on credit card: $142,710 • Total budget cuts: $385 Current situation is Unsustainable

  12. NexGen Turtle Canadian Equity Funds Performance (Quartile) to June 30, 2012 Fund Facts Inception Date: May 31, 2010 Funds’ Assets (all series): Management Fee(FE): 2.00% Keith Graham MBA, CFA Rondeau Capital * Tax Managed Returns are Capital Gains Class Top Holdings

  13. NexGen Turtle Canadian Equity Fund Top 25 Holdings (as of June 30th, 2012) 1. Cash & Cash Equivalents 28.60% 14. Suncor Energy Inc 3.00% 2. SPDR Gold Shares 3.90% 15. Medtronic Inc 3.00% 3. Cenovus Energy Inc 3.90% 16. BCE Inc 2.60% 4. Intact Financial Corp 3.50% 17. Saputo Inc 2.40% 5. TELUS Corp 3.50% 18. Rogers Communications Inc B 2.20% 6. Metro Inc 3.20% 19. Kinross Gold Corp 2.20% 7. Astral Media Inc A 3.20% 20. Bonavista Energy Corp 2.10% 8. Cisco Systems Inc 3.10% 21. Macdonald Dettwiler & Associates 2.10% 9. Ebay Inc 3.10% 22. Eldorado Gold Corp 2.10% 10. Ensign Energy Services Inc 3.10% 23. Thomson Reuters Corp 2.00% 11. Abbott Laboratories 3.10% 24. Sonde Resources Corp 1.90% 12. Westwood Holdings Group Inc 3.10% 25. Bauer Performance Sports LTD 1.80% 13. US Bancorp 3.00%

  14. NexGen Turtle Canadian Balanced Funds Performance (Quartile) to June 30, 2012 Fund Facts Inception Date: May 31, 2010 Funds’ Assets (all series): Management Fee(FE): 2.00% Keith Graham MBA, CFA Rondeau Capital * Tax Managed Returns are Capital Gains Class Top Holdings

  15. NexGen Turtle Canadian Balanced Fund As of June 30th, 2012

More Related