Buy for Conservative Growth

Article Excerpt

TRIMARK CANADIAN FUND $25.14 (CWA Rating: Aggressive) (AIM Funds Management Inc., 5140 Yonge Street, Suite 900, Toronto, Ontario M2N 6X7. 1-800-631-7008; Website: www.aimfunds.ca. Buy or sell through brokers.) uses a bottom-up stock-picking style (using fundamentals such as earnings, cash flow and low debt) that looks at valuation measures and then tries to pick stocks selling at a discount to long-term value. The fund’s 10 largest holdings are TD Bank, Bank of Nova Scotia, Manulife Financial, Power Corporation, Royal Bank, Alimentation Couche- Tard, Time Warner, Loblaw, Toromont Industries and Molex Inc. The fund’s portfolio breaks down by sector as follows: Financials, 26.6%; Consumer discretionary, 17.1%; Information technology, 14.6%; Industrials, 9.1%; Consumer staples, 8.3%; Materials, 6.7%; Energy, 5.7%; Health care, 5.7%; and Telecom, 3.2%. The fund’s returns come with below-average risk, due to its conservative choice of stocks. That’s an approach particularly well-suited for today’s volatile markets. Its MER is 1.64%. Trimark Canadian Fund is still a buy. buy…