EdgePoint Global Growth & Income Portfolio
A balanced portfolio concentrated in both quality businesses from around the world with growth potential and investments in fixed-income securities.
Investment approach
The Portfolio seeks to provide long-term capital appreciation and income generation by investing primarily in global equity and fixed-income securities. Our team of portfolio managers looks for companies with strong competitive positions, defendable barriers to entry, long-term growth prospects and competent management teams, and acquires ownership stakes in these companies at prices below its assessment of their true value.
On the fixed-income side, we seek securities that provide an attractive return through coupon payments and capital appreciation while focusing on the borrower’s (bond issuer’s) ability to meet its debt obligations, or the payment of periodic coupons and the return of the original principal at maturity.
Investment Team
Your investment team brings diverse investment experience, perspectives and skills to the table. They work together, take ownership of their investment ideas and tap into their past experiences where they fulfilled a variety of diverse mandates. Their team-based mindset also allows them the time and freedom to conduct the kind of extensive legwork required to really get to know a business inside and out.
Click below to find out more about the team's members.
Alex O'Hara, Andrew Pastor, Claire Thornhill, Derek Skomorowski, Frank Mullen, Geoff MacDonald, George Droulias, Jason Liu, Jeff Hyrich, Jinhyung Kwon, Lee Matheson, Steven Lo, Sydney Van Vierzen, Tracey Chen, Tye Bousada
| Holding | Portfolio % |
|---|---|
| Cash and Cash Equivalents | 15.07% |
| Berry Global Group Inc. | 3.44% |
| Norfolk Southern Corp | 3.24% |
| Koninklijke Philips NV | 2.94% |
| Mattel, Inc. | 2.72% |
| Fairfax Financial Holdings Ltd. | 2.67% |
| Elevance Health Inc. | 2.48% |
| SAP SE | 2.31% |
| Dayforce, Inc. | 2.02% |
| Restaurant Brands International Inc. | 1.92% |
| Total | 38.80% |
Portfolio Information
As at September 30, 2024
†Weighted average in C$, excluding fixed income and cash.
Risk profile - Based on the Canadian Securities Associationʼs mutual fund risk
classification methodology.
Sector Allocation
EdgePoint of View
Sector breakdown: Provided only because the industry feels it helps explain portfolio diversification and risk. We believe risk is best managed by diversifying by business idea rather than using traditional sector allocations.
Risk profile: Risk is typically defined as standard deviation or volatility compared to an index. While we follow this methodology due to regulatory requirements and classify the Portfolio risk as moderate, we view real risk as the potential for a permanent loss of capital. By this measure, we believe portfolio risk is further reduced.
Taxes: Outside of the management fee, taxes are the biggest component of the Portfolio’s management expense ratio (MER).
Low-cost operation: With a focused product offering and no expensive marketing campaigns, we’re able to pass on savings to our investors through lower MERs, ultimately resulting in higher investment returns.
Portfolio: We use “portfolio” rather than “fund” because we believe this better represents the diversification our products offer.
Alignment: EdgePoint employees are among our largest investors.
| Sales charge option | Fund code | 2Management fee | 3MER | 4TER |
|---|---|---|---|---|
| 6FE | EDG180 | 1.70% | 1.99% | 0.04% |
| FE | EDG1801 | 1.70% | 1.84% | 0.04% |
| FE | EDG1804 | 1.70% | 1.99% | 0.04% |
| FE | EDG18041 | 1.70% | 1.85% | 0.04% |
| 10NL | EDG580/680 | 0.70% | 0.84% | 0.04% |
| NL | EDG5801/6801 | 0.70% | 0.78% | 0.04% |
| NL | EDG5804/EDG6804 | 0.70% | 0.85% | 0.04% |
| NL | EDG58041/EDG68041 | 0.70% | 0.79% | 0.04% |
Show footnotes
1Series:
EdgePoint offers different Series for our Portfolios to meet client-specific needs. All Series are subject to the “Minimum investments” amount defined in the Simplified prospectus.2Management fee:
This component of the MER is what you pay us and your financial advisor for investment and financial services.3MER:
A management expense ratio (MER) is what you pay to own a mutual fund. This fee compensates EdgePoint and your financial advisor for a range of services including operational costs and taxes. It's not charged directly to you but deducted from your investment returns.
Figures as at December 31, 2023.4TER:
The trading expense ratio (TER) represents the trading expenses incurred by the Portfolio. These expenses aren't included in the MER but they're still costs borne by the investor and reduce returns. The total cost of ownership is the sum of the MER plus the TER.
Figures as at December 31, 2023.5Series A:
Series A is available to all retail investors on a front-end sales charge basis. EdgePoint pays trailing commissions to your financial advisor’s dealer.6FE = Front end:
A negotiated sales charge between 0% and 5% paid to your financial advisor at the time of purchase and deducted from the amount you buy.7Non-HST:
Non-HST series are available only to investors in non-HST participating provinces.8Series T4:
Series T4 are available to investors who wish to receive a regular monthly cash flow for each of the A, A(N), F and F(N) series.9Series F:
Series F is available to investors in a fee-based/advisory fee arrangement. EdgePoint doesn’t pay any trailing commissions to dealers.
For fee-based series codes starting with “5”, you pay an amount to your financial advisor’s dealer firm directly, as specified in your fee-for-service arrangement with them. For fee-based series codes starting with a “6”, the fee is collected by EdgePoint and paid directly to your financial advisor’s dealer through quarterly client account redemption of units.10NL = No load:
There are no sales charges for Series F units.
High-net worth pricing starting at $20,000. Learn about our commitment to low fees for all of our investors.
10-year Partner Program
To show our appreciation for our partners who have had the conviction and unwavering long-term view by staying invested with us for 10 or more years, the 10-year Partner Program offers lower management fees.
HISTORICAL PRICES
Show footnotes
1Series:
EdgePoint offers different Series for our Portfolios to meet client-specific needs. All Series are subject to the “Minimum investments” amount defined in the Simplified prospectus.
Show footnotes
1Series:
EdgePoint offers different Series for our Portfolios to meet client-specific needs. All Series are subject to the “Minimum investments” amount defined in the Simplified prospectus.
Throughout the year, EdgePoint Global Growth & Income receives dividends from Canadian and foreign stocks, interest from fixed-income securities and capital gains when securities are sold at a profit. Income and capital gains are paid out to investors in cash or reinvested in additional units at their discretion.
Portfolio distributions are paid quarterly (income) and annually in December (capital gains).
For more information on distributions, see our articles:
Note: Only Portfolio series with distributions on the selected date are shown. Any Portfolio series or dates not shown did not have a distribution.
Investment results
We measure investment success over periods of ten years or more and believe it takes considerable skill to consistently add value over the long term. As such, we place little value in the short-term investment results shown.
Show footnotes
1Series:
EdgePoint offers different Series for our Portfolios to meet client-specific needs. All Series are subject to the “Minimum investments” amount defined in the Simplified prospectus.
Calendar-year returns
Total returns in C$
Show footnotes
1Series:
EdgePoint offers different Series for our Portfolios to meet client-specific needs. All Series are subject to the “Minimum investments” amount defined in the Simplified prospectus.
Return calculator
EdgePoint SWPs – Money Now, Money Later
As much as investing is about delaying immediate gratification for future gain, a systematic withdrawal plan (SWP) done right can offer investors both. SWPs can offer investors the chance to automatically withdraw a set amount of money on a regular basis while giving the rest the opportunity to grow. They can provide a disciplined way to meet your income needs while you continue to build wealth.
The SWP calculator
To see how, try our SWP calculator. Choose an EdgePoint Portfolio series below and enter your investment amount, withdrawal rate and the time period to find out what your SWP might have looked like with taxes factored in.
We believe in taking a long-term view when investing and encourage you to do the same, so please select a time period longer than 3 years!
SWP Calculator
Show footnotes
1Series:
EdgePoint offers different Series for our Portfolios to meet client-specific needs. All Series are subject to the “Minimum investments” amount defined in the Simplified prospectus.