Daily Net Asset Values

Updated May 18, 2012

Pooled Funds
Canadian Bond Fund Profile
Class A
Class D
Class E
Class F
10.4068
10.3810
10.3684
10.3874
Canadian Balanced Fund Profile
Class A
Class B
Class D
Class E
Class F
14.3942
14.3851
14.3809
14.4440
14.4316
Canadian Small Cap Fund Profile
Class A
Class B
Class C
Class E
Class F
Class I
23.9255
23.9979
24.0232
23.9529
23.9829
23.8863
Canadian Equity Fund Profile
Class A
Class B
Class D
Class E
Class F
9.7400
9.7985
9.7759
9.7861
9.8094
Canadian Income Fund Profile
Class D
Class E
Class F
10.9677
10.9450
10.9616
Global Equity Fund Profile
Class A
Class B
Class C
Class E
Class F
Class I
8.8981
8.8916
8.8829
8.9090
8.9198
8.8621

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Wendy Booker-Urban
Vice-President, Client Services
BA (Econ), University of Manitoba (1989)

Austerity? Pas pour nous!

May 11th, 2012

With the election on Sunday of Socialist Party leader François Hollande as France’s new President, the French populace quickly changed the tone of the markets, and the direction of European fiscal policies.

Ryan Watson
Research Associate
BA (Econ), University of British Columbia
MBA, Sauder School of Business (2009)

The Transformation of Communications

May 4th, 2012

Many of the businesses we hold in the Canadian Equity Fund have been highlighted in the press over the past week. When companies we hold hit the front page, naturally we become more interested in what the press has to address.

Joe Jugovic
President
CFA (2001), CFA Institute;
BA (Econ), University of Calgary (1994)

The wall of worry - our friend.

April 27th, 2012

It’s an old market adage that the stock market often climbs a wall of worry.  This saying refers to the resilience of the market to climb higher notwithstanding the temporary obstacles (worries) in its way.  Interestingly enough, when the wall seems nearly insurmountable, the greatest opportunities abound.  When you feel ...

Darren Dansereau
Vice-President & Portfolio Manager
CFA (2001), CFA Institute;
BComm, University of Alberta (1996)

Who's on the Bus?

April 20th, 2012

At QV, we take a lot of time to get an understanding of the management team at the helm of the companies in which we are invested.  We review the share ownership of the board and executives, the succession plans and the culture. We ask how management is compensated, whether ...

Leigh Pullen
Chairman & Chief Investment Officer
CFA (1975), CFA Institute

In Transit

April 13th, 2012

“The Moving Finger writes; and, having writ,
Moves on: nor all thy Piety nor Wit
Shall lure it back to cancel half a Line,
Nor all thy Tears wash out a Word of it.”

Clement Chiang
Research Associate
BEng (2005), Carleton University
MBA (2009), Sauder School of Business

Points of Inflection

March 30th, 2012

Over the quarter we have noticed trends that we view as positive signals for investors.  Have we reached or passed the nadir which guarantees positive economic growth going forward?  We do not have a crystal ball, but conditions are firm enough for us to comment on a seemingly inevitable swing ...

Ian Cooke
Vice-President & Portfolio Manager
CFA (2004), CFA Institute;
BComm, University of Calgary (2001)

Have a Merry Annual Report Season!

March 9th, 2012

I often joke that this part of the year is like Christmas for us investment nerds.  It’s the time of year that annual reports are filed and delivered to shareholders. These reports typically contain a letter from the Chairman of the Board, commentary from the Chief Executive Officer, a description ...

Mark Dyki
Research Associate
BComm, University of Calgary (2008)

What I've Learned - Mark Dyki

May 28th, 2010

To me, monitoring the process of learning is like trying to watch the hands of a clock move. I'm not insinuating that I am a slow learner but more to the point that progress cannot be appreciated until you remember a snapshot ...