Detailed Fund Descriptions

Capital Estate Planning has a wide and varied number of products available to round out your investment portfolio. Here, we provide detailed information about more than 55 investment funds from 17 companies available to you.

A financial advisor from Capital Estate Planning would be happy to assist you with any of your questions about these products or our services.

What follows is a brief description of the various fund categories available to investors. Selecting a fund category below will take you to a listing and description of the ATA Group RRSP funds that Capital Estate has to offer. In order to view the fund reports, you will need Adobe Reader installed on your PC.

Portfolio Funds
Simple yet sophisticated, The Portfolio Funds offer the expertise of investment managers, power of diversification between asset classes and the simplicity of a single fund. Rather than the investor having to worry about assembling an assortment of individual funds, professional money managers construct a portfolio of investment funds according to five basic investor personality types from conservative to advanced. As a member, you receive an investment profile that matches your individual investment style. Portfolio allocation funds are automatically rebalanced to ensure your asset allocation remains current and consistent with your investment comfort level.

Balanced Funds
A Balanced Fund holds a diversified portfolio of different types of securities: bonds, stocks, and money market securities. The fund manager will re-balance the proportion of these categories of investments to take advantage of changing market conditions.

Equity Funds
Also known as Stock Funds, Equity Funds invest in common shares of publicly traded companies (companies whose shares trade in one way or another). Many of these equity funds invest in specific countries or regions of the world, and are known as International or Global Mutual Funds. Still others invest in specific industries or other theme-based companies, and are called Specialized Funds.

Money Market Funds
These are considered to be the lowest risk of all mutual fund investments. The fund objective is to provide interest income while maintaining liquidity and capital preservation. This fund invests primarily in government securities and high quality corporate money market instruments maturing within one year.

Fixed Income Funds
A Fixed Income Fund consists of fixed income securities such as longer-term government bonds, corporate bonds, mortgages, or preferred shares. Most Fixed Income Funds share the goal of generating current income for investors.

Segregated Funds
Segregated funds are distributed by life insurance companies, and combine the growth potential of a mutual fund with the security of a life insurance policy. Like mutual funds, they are comprised of diverse investments such as stocks, bonds and debentures, and their value fluctuates based on market conditions. They offer less of a risk, however, as they provide certain guarantees such as reimbursement of capital upon death.

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Selecting a Portfolio Fund from the following list will open up a GRS fund report in a new window. In order to view the fund reports, you will need Adobe Reader installed on your computer.

LCOPO – The London Life Conservative Portfolio Fund provides regular income with low volatility. This fund invests primarily in fixed income funds, including a significant investment in Mortgage, but includes a small equity component to increase returns over longer periods.

LMOPO – The London Life Moderate Portfolio Fund provides income while also allowing for long-term capital appreciation. This fund invests primarily in fixed income funds, including a significant investment in Mortgage, but also includes a significant equity component to provide an opportunity for long-term growth.

LBAPO – The London Life Balanced Portfolio Fund provides a balance between income and capital appreciation over the long term. This fund invests primarily in balanced funds which have a slightly higher equity component than fixed income component.

LADPO – The London Life Advanced Portfolio Fund provides some income while focusing on long-term capital appreciation. This fund invests primarily in equity funds, and to a lesser degree in funds which invest in fixed income securities and real estate to provide a degree of investment stability.

LAGPO – The London Life Aggressive Portfolio Fund provides long-term capital appreciation. This fund invests in equity funds, including a 10% investment in real estate, to achieve long-term capital appreciation with little concern about short-term volatility.

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Selecting a Balanced Fund from the following list will open up a GRS fund report in a new window. In order to view the fund reports, you will need Adobe Reader installed on your computer.

Canadian Balanced Funds:

PCB – The Connor, Clark, and Lunn Balanced Fund invests in a combination of Canadian stocks, foreign stocks, and Canadian government and corporate bonds. CC&L believes that a balanced fund is the cornerstone of any investment portfolio. This fund is more risky than bond funds, money market funds, and GICs. However, only a balanced fund incorporates enough equity to achieve the necessary growth to produce adequate retirement savings with an acceptable degree of risk.

PBA – The London Life North American Balanced Fund provides a balance between capital growth and income. This fund invests primarily in high-quality Canadian and foreign stocks, Canadian bonds, and short-term securities.

LLDIV – The London Life Diversified Fund provides long-term capital and income growth. This fund invests in certain London Life funds to achieve a broad range of diversification. The underlying funds include Canadian and foreign stocks, Canadian bonds, and mortgages.

CBVR – The Renaissance Canadian Balanced Value Fund strives to achieve a long-term investment return through a combination of income and capital long-term growth. The managers invest primarily in a diversified portfolio of Canadian companies, investment grade bonds and money market instruments.

BVMB – The McLean Budden Balanced Fund provides a balance of long-term capital appreciation and interest income. This fund invests primarily in Canadian stocks, bonds and cash investments. In addition, it invests up to 30% directly in U.S. stocks and in American Depository Receipts (which represent ownership of international stocks). The stocks are chosen for their potential value. This means that the stocks chosen are considered to be inexpensive, with prices that do not reflect McLean Budden's estimate of their full value. The bonds are chosen (based on credit quality) to achieve a high level of income, while preserving principal.

LCBM – The Mackenzie Canadian Balanced Fund provides a portfolio of diversified investments which emphasize long-term growth while also providing a source of income, investing primarily in a combination of Canadian common shares, bonds and debentures.

TRIG – The Trimark Income Growth Fund objective is to achieve significant capital growth over the long term from stocks mixed with a steady and growing stream of income from bonds. Trimark's goal is to have each fund at the top of its respective category over a 10-year period.

Canadian Tactical Funds:

AGGI – The AGF Growth and Income Fund achieves superior returns by investing in a combination of small and mid-size Canadian companies, bonds, and money-market instruments. Equity securities of Canadian companies provide long-term growth while bonds and money-market instruments reduce risk, produce current income, and provide capital appreciation.

DYPF – The Dynamic Partners Fund seeks long-term capital growth while preserving capital under varying market conditions. Volatility is controlled by using the latest pension management techniques.

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Selecting an Equity Fund from the following list will open up a GRS fund report in a new window. In order to view the fund reports, you will need Adobe Reader installed on your computer.

Canadian Dividend and Large Cap Funds:

PEA / LLCNE – The London Life Canadian Equity Fund provides long-term capital appreciation supplemented with dividend income. This fund invests in a broad range of high quality Canadian companies as represented by the TSE 300 index.

LLCMK – The Mackenzie Larger Company Fund objective is to pursue long-term capital growth by investing mainly in equity shares of large capitalization Canadian companies that have generated consistent growth with relatively lower volatility.

Canadian Equity Funds:

PCE – The Connor, Clark, and Lunn Equity Fund achieves above-average long-term growth and capital preservation.

DYCG – The Dynamic Canadian Growth Fund seeks to provide long-term capital growth by investing primarily in Canadian companies.

LEIG – The GreatWest Life Equity Index Fund provides investment returns consistent with the TSE 300 in the long term.

LCEG – The GreatWest Life Canadian Equity Fund provides a high level of long-term capital growth. This fund invests primarily in the shares of Canadian companies demonstrating above-average growth potential.

CEJF – The Jarislowsky Fraser Canadian Equity Fund's primary objective is capital appreciation while maintaining a low level of risk. Emphasizes buying long-term growth stocks at a reasonable price. Over half the portfolio is invested in large capitalization Canadian companies in non-cyclical industries. Less than one third of the holdings are drawn from stocks that are considered cyclical leaders with international operations. No more than 10% of the holdings represent junior "growth" or special "value" situations. Also invests in its Special Equity Funds (small to mid-cap fund).

KBCE – The Knight, Bain, Seath, and Holbrook Canadian Equity Fund's emphasis is on well managed Canadian companies with above-average growth prospects - which are priced at attractive valuations relative to both their long-term sustainable growth and to the market. Holdings are concentrated to maximize growth potential but are adequately diversified across a variety of industries to limit risk.

CCVR – The Renaissance Canadian Core Value Fund provides above-average, long-term investment returns, through capital growth by investing in medium to large Canadian companies listed on the Toronto Stock Exchange.

CECMB – The McLean Budden Canadian Equity Core Fund aims to provide superior capital long-term growth with half of the fund invested in stocks chosen for their expected earnings growth which are forecast to be greater than that for the overall market. The other half of the fund invests in stocks with prices that do not reflect their estimated full value. As the true value becomes fully recognized in the marketplace, these stocks have the potential to increase in price. The majority of the stocks in the fund are chosen from the largest one hundred companies that trade on the Toronto Stock Exchange.

CEPMB – The McLean Budden Canadian Equity Plus Fund provides a superior real rate of return, primarily through capital appreciation, by investing in a diversified portfolio of Canadian and foreign equities. The foreign exposure is governed by the limits set out in the Income Tax Act. The majority of the Canadian Equity portion of the fund will be invested in the largest one hundred stocks on the Toronto Stock Exchange. Foreign equity selections will generally be large companies that are considered to be leaders in their respective industries.

TRCE – The Trimark Canadian Equity Fund objective is to achieve significant capital growth combined with a high degree of reliability over the long term, mainly through investment in Canadian companies. Trimark's goal is to have each fund at the top of its respective category over a 10-year period.

CEGMB – The McLean Budden Canadian Equity Growth Fund objective is to provide superior capital long-term growth investing primarily in stocks of Canadian companies chosen for their superior earnings growth, strong management and solid financial position.

LCEGM – The Mackenzie Canadian Equity Growth Fund objective is to provide long-term growth while preserving capital investing primarily in common shares of Canadian based corporations that offer above average growth potential.

Canadian Equity and Small and Mid Cap Funds

AGGE – The AGF Growth and Income Fund provides the opportunity for superior capital growth through shares of Canadian companies throughout the capitalization spectrum with above average potential to grow sales, earnings and cash flow.

CSCR – The Renaissance Canadian Small-Cap Fund is designed to provide above average, long term growth of capital by investing primarily in small to medium sized Canadian companies typically with a market capitalization of less than $1 Billion. The fund may also invest in equity securities listed in other countries.

S105 – The Bissett Canadian Small-Cap Equity Fund objective is to provide above average, long term growth opportunities through investments in small to mid-sized Canadian and US companies.

U.S. Equity Funds

LAEM – The Mackenzie US Growth Leaders Fund achieves long-term capital growth. This fund invests primarily in common stocks of major, established U.S. companies which have above-average growth prospects.

LLUSE – The London Life U.S. Equity Fund provides long-term capital appreciation supplemented with dividend income. This fund invests in a broad range of high quality, publicly traded, mid to large cap United States companies across a wide range of market sectors.

USBVR – Renaissance U.S. Basic Value Fund makes it possible to achieve long term capital growth and income by investing in a diversified portfolio of companies located primarily in the United States.

LUSET – The TDAM U.S. Equity Index Fund will provide investors with returns that correspond to the Standard & Poor's (S&P) 500 Total Return Index, that correspond to large companies in the United States and have long-term growth potential.

Global Equity Funds

GEMB – The McLean Budden Global Equity Fund strives to achieve strong capital growth with a high degree of reliability over the long term. Location is a secondary consideration as companies in this fund generate their revenue globally.

LGET – The Templeton Global Equity Fund achieves long-term capital growth through a flexible policy of investment primarily in equity securities of companies listed on stock exchanges of any nation other than Canada.

TRGE – The Trimark Global Equity Fund objective is to achieve significant capital growth combined with a high degree of reliability over the long term. Trimark's goal is to have each fund at the top of its respective category over a 10-year period.

GES – The Sprucegrove Global Equity Fund objective is to create a portfolio of international (including U.S.) stocks that overall have characteristics superior to the benchmark MSCI World.

International Equity Funds

CCLI – The Connor, Clark, and Lunn International Equity Fund objective is to outperform the Europe Asia and Far East (EAFE) Index by 2% over a four-year period. CC&L has a joint venture relationship with WorldInvest Limited to provide non-North American investment services in Canada. WorldInvest uses a top-down approach to identify the best regional areas to do well in two to three economic scenarios. These economic scenarios are developed by the manager using fundamental economic analysis over a future period of 18 months. Currency is treated as a separate asset class and hedging of currency does take place.

LLINE – The Fleming International Equity Fund provides long-term capital appreciation supplemented with dividend income. This fund invests in high quality publicly traded companies primarily in developed countries outside of North America, as represented by the MCSI-EAFE Index.

SPIE – The SpruceGrove International Equity Fund creates a portfolio of international stocks that overall have characteristics superior to the benchmark MCSI-EAFE Index.

LIEIT – The TDAM International Equity Fund creates a portfolio of international stocks that overall have characteristics superior to the benchmark MCSI-EAFE Index, correspond to large companies in non-North American countries, and have long term growth potential.

LIET – The Templeton International Equity Fund achieves long-term capital growth through a flexible policy of investment primarily in equity securities of companies listed on stock exchanges of any nation other than Canada and the U.S.

Special Equity Funds

LLEG – The goal of this fund is to provide long term capital growth with moderate income. The London Life Ethics Fund invests primarily in the shares of publicly traded companies that conduct their business operations in a socially responsible manner and show strong growth prospects, with some exposure to foreign companies that meet this criteria. The Fund will invest in companies that have practices and policies which, relative to their peers, reflect environmental awareness, progressive labour policies and make positive contributions in the communities in which they operate. The fund will avoid companies that have substantial involvement in the manufacture or distribution of tobacco or liquor products, critical weapons systems, gaming products and pornography. The Fund will also avoid companies whose practices directly or indirectly support repressive regimes.

LREG – The Great West Life Real Estate fund defines its strategy by attempting to provide a stable rising level of income with the opportunity for long term capital appreciation.

LCOMK – The Mackenzie Canadian Opportunity Fund provides above-average long-term capital growth. This fund invests largely in North American technologically advanced companies. The balance of the portfolio is comprised of stocks of other Canadian companies in industries that are expected to provide a solid foundation for growth.

LNRM – The Mackenzie Canadian Resource Fund provides above-average growth of capital. This fund invests primarily in the equity securities of Canadian natural resource based business including oil and gas, mining, minerals, and forest products companies.

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Selecting a Money Market Fund from the following list will open up a GRS fund report in a new window. In order to view the fund reports, you will need Adobe Reader installed on your computer.

PMM / LLMON – The London Life Money Market Fund provides interest income while maintaining liquidity and capital preservation. This fund invests primarily in government securities and high quality corporate money market instruments maturing within one year.

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Selecting a Fixed Income Fund from the following list will open up a GRS fund report in a new window. In order to view the fund reports, you will need Adobe Reader installed on your computer.

Canadian Bond Funds:

CCLB – The Connor, Clark, and Lunn Bond Fund aims to outperform the Scotia McLeod Bond Universe Index by one-half percent over the long term. The duration of the fund will stay within 20% of the Scotia McLeod Bond Universe duration.

PIA / LLBON – The London Life Bond Fund provides interest income and the potential for moderate capital appreciation. This fund invests primarily in government and high quality corporate bonds.

FIMB – The McLean Budden Fixed Income Fund aims to provide investors with a moderate real rate of return primarily through interest income. Returns in excess of income will be gained through duration, yield and sector management. The fund invests primarily in a diversified portfolio of bonds issued or guaranteed by Canadian governments (Federal and Provincial) and corporations. It may also invest in U.S. dollar denominated bonds from Canadian issuers. The Fund's term to maturity (duration) is actively managed within set ranges according to the interest rate outlook. At least 60% will be invested in senior government debt with the balance invested in other sectors depending on market conditions. Corporate and provincial sectors are normally emphasized over a market cycle due to their attractive yields.

ENBDL – The Laketon Enhanced Bond Fund includes Canadian equities, small cap Canadian equities, global equities, Canadian and global fixed income, as well as a balanced product. A conservatively managed fund with a view to medium-term growth. The fund provides an exposure to foreign markets through investment in foreign bonds.

Canadian Mortgage Funds:

LLMRT – The London Life Mortgage Fund provides a high level of interest income supplemented with capital appreciation. This fund invests primarily in mortgages on Canadian residential and commercial property.

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Segregated Funds:

The C.I. Harbour Segregated Fund invests in high quality Canadian companies of all sizes from across all industry sectors. Portfolio holdings are comprised of 25-40 stocks which may be held for several years under favourable circumstances.

The C.I. Harbour Growth & Income Segregated Fund is primarily an asset allocation fund in which the proportion of stocks and bonds will vary as necessary in order to achieve high returns with minimal risk.

The C.I. Hansberger Value Segregated Fund invests in any equity market in the world, providing outstanding diversification into international markets. It is suitable as a core investment for investors seeking exposure to global markets in a lower-risk vehicle.

The C.I. Global Segregated Fund combines the world's best blue chips and the most promising emerging markets in a highly diversified stock fund. It provides participation in the growth cycles of many countries while reducing portfolio volatility.

The C.I. American Segregated Fund invests in the stocks and convertible debentures of established U.S. companies.

The C.I Money Market Segregated Fund invests in short-term money market instruments. It seeks to earn current income at the highest rate of return consistent with preservation of capital and liquidity.