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Middlefield Canadian Dividend Growers Class

Fund Description

The Fund seeks to provide long-term capital growth through investment in a diversified portfolio primarily comprised of equity securities of Canadian Issuers that have the ability to sustain and grow their dividends over time.

Key Reasons to Invest:

  • exposure to an actively managed fund focused on dividend-paying companies
  • a high conviction portfolio of larger capitalization Canadian companies primarily operating in the financial, energy, industrial and real estate sectors
  • opportunity to participate in the growth and diversification of the Canadian economy

Fund Overview

  • Fund Codes:
    FE: MID148/ F Series: MID149
  • Inception Date:
    July 15, 2009
  • Advisor:
    Middlefield Limited
  • Eligibility:
    All Registered and Non-Registered Accounts
  • Management Fee:
    A: 2.00% / F: 1.00%
  • Risk Rating:
    Medium

Fund Managers

Robert Lauzon
Chief Investment Officer
Dean Orrico
President and Chief Executive Officer

Performance (Series A)

 
AS OF 1 MONTH 3 MONTHS 6 MONTHS YEAR-TO-DATE 1 YEAR 3 YEARS 5 YEARS 10 YEARS SINCE INCEPTION 2025 2024 2023 2022 2021
September 30, 2026 -8.16% 1.33% 1.80% 6.22% 6.22% 22.41% 13.30% 7.75% 5.51% 34.66% 22.46% 4.43% -1.19% 10.37%

Performance (Series F)

 
AS OF 1 MONTH 3 MONTHS 6 MONTHS YEAR-TO-DATE 1 YEAR 3 YEARS 5 YEARS 10 YEARS SINCE INCEPTION 2025 2024 2023 2022 2021
September 30, 2026 -8.06% 1.63% 2.33% 7.04% 7.38% 23.77% 14.56% 8.91% 7.07% 36.29% 23.74% 5.63% -0.08% 11.66%

Fund Details

Sector Allocation (%)

As Of September 30, 2026
Gold 26.50%
Financials 16.80%
Energy 11.20%
Real Estate 9.70%
Pipelines 9.20%
Utilities 9.00%
Industrials 4.90%
Communication Services 3.80%
Uranium 2.90%
Precious Metals & Minerals 2.80%
Metals & Mining 1.90%
Consumer Staples 1.30%

Geographic Allocation (%)

As Of September 30, 2026
Canada 97.20%
U.S. 2.80%
International 0.00%

Top 10 Holdings

1 Royal Bank of Canada 4.10%
2 National Bank of Canada 4.00%
3 Enbridge Inc. 3.90%
4 ROGERS COMMS INC CL B (I/L) NV 3.80%
5 Killam Apartment Real Estate Investment Trust 3.60%
6 Tourmaline Oil Corp. 3.30%
7 Keyera Corp. 3.30%
8 Banyan Gold Corp. 3.10%
9 AltaGas Ltd. 3.10%
10 Topaz Energy Corp. 3.10%
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