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 Capital Corporation
  • Eligibility:
    All Registered and Non-Registered Accounts
  • Management Fee:
    A: 2.00% / F: 1.00%
  • Risk Rating:
    Medium

Fund Managers

Headshot of Robert Lauzon
Robert F. Lauzon
Managing Director and Chief Investment Officer
Headshot of Dean Orrico
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 2021 2020 2019 2018
December 31, 2022 -5.74% 2.46% 1.40% -1.19% -1.19% -0.40% 0.99% 4.12% 4.15% 10.37% -9.40% 19.91% -11.35%

Performance (Series F)

 
AS OF 1 MONTH 3 MONTHS 6 MONTHS YEAR-TO-DATE 1 YEAR 3 YEARS 5 YEARS 10 YEARS SINCE INCEPTION 2021 2020 2019 2018
December 31, 2022 -5.69% 2.73% 1.97% -0.08% -0.08% 0.71% 2.09% 5.27% 4.02% 11.66% -8.46% 21.19% -10.43%

Fund Details

Sector Allocation (%)

As Of December 31, 2022
Financials 21.40%
Energy 21.20%
Industrials 16.60%
Utilities 13.00%
Pipelines 9.60%
Real Estate 8.90%
Consumer Staples 5.20%
Materials 3.40%
Metals & Mining 0.60%
Uranium 0.00%

Geographic Allocation (%)

As Of December 31, 2022
Canada 96.20%
U.S. 3.80%
International 0.00%

Top 10 Holdings

1 Middlefield Real Estate Dividend ETF 8.90%
2 Canadian Natural Resources Limited 5.20%
3 ALIMENTATION COUCHE-TARD INC 5.20%
4 Topaz Energy Corp. 5.20%
5 Canadian National Railway 5.10%
6 Enbridge Inc. 5.00%
7 ARC RESOURCES LTD 4.80%
8 National Bank of Canada 4.80%
9 Capital Power 4.70%
10 Keyera Corp. 4.60%
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