Middlefield Sustainable Innovation & Health Dividend Fund

Fund Description

The Fund invests in a leading global innovative technology and healthcare companies in the public and private markets. This includes an investment in Sagard Healthcare Royalty Partners which acquires royalties, provides royalty-backed loans and invest directly in approved biopharmaceuticals, diagnostics and medical devices in return for a royalty on direct sales.

Key Reasons to Invest:

  • exposure to an actively managed fund which provides tax-efficient monthly distributions
  • a high conviction portfolio of companies focused on the innovation and healthcare industries, two sectors characterized by ongoing developments in technology
  • portfolio companies are selected with an emphasis on environmental, social and governance factors to complement rigorous fundamental analysis

SIH.UN 

Closing price  Ways To Invest Fact Sheet Press Releases Prospectus (English) Prospectus (French) All Fund Documents

Fund Overview

  • Ticker/CUSIP:
    SIH.UN/86934T106
  • Inception Date:
    August 14, 2020
  • Monthly Distribution:
    $0.03333
  • Advisor:
    Middlefield Capital Corporation
  • Eligibility:
    RRSPs, RRIFs, DPSPs, RESPs and TFSAs
  • Management Fee:
    1.10%
  • Risk Rating:
    Not Rated
  • Exchange:
    Toronto Stock Exchange

Industry Advisor

Fund Managers

Headshot of Robert Lauzon
Robert F. Lauzon
Managing Director and Chief Investment Officer
Headshot of Robert Moffat
Robert Moffat
Portfolio Manager
Shane Obata
Portfolio Manager

Performance

 
AS OF 1 MONTH 3 MONTHS 6 MONTHS YEAR-TO-DATE 1 YEAR 3 YEARS 5 YEARS 10 YEARS SINCE INCEPTION 2023 2022 2021 2020
January 31, 2024 5.88% 15.85% 13.13% 5.88% 22.09% 7.11% - - 9.40% 13.13% -13.59% 24.33% -

Distributions

Total NAV & Distributions (since inception)  
Show More
RECORD DATE PAYMENT DATE PAYMENT AMOUNT
March 31, 2024 April 15, 2024 0.03333
February 29, 2024 March 15, 2024 0.03333
January 31, 2024 February 15, 2024 0.03333
December 31, 2023 January 15, 2024 0.03333
November 30, 2023 December 15, 2023 0.03333
October 31, 2023 November 15, 2023 0.03333
September 30, 2023 October 13, 2023 0.03333
August 31, 2023 September 15, 2023 0.03333
July 31, 2023 August 15, 2023 0.03333
June 30, 2023 July 14, 2023 0.03333

Fund Details

Sector Allocation (%)

As Of December 31, 2023
Healthcare 53.90%
Technology 28.30%
Communication Services 10.30%
Consumer Discretionary 4.20%
Financials 3.30%

Geographic Allocation (%)

As Of December 31, 2023
Canada 5.80%
U.S. 94.20%
International 0.00%

Top 10 Holdings

1 Sagard Healthcare Royalty Partners 18.20%
2 CONSTELLATION SOFTWARE INC 5.80%
3 Advanced Micro Devices Inc. 5.60%
4 Microsoft Corp. 5.60%
5 Alphabet Inc. 5.30%
6 Meta Platforms, Inc. 5.00%
7 Thermo Fisher Scientific Inc. 5.00%
8 Astrazeneca 4.60%
9 Dexcom 4.50%
10 Abbvie Inc. 4.40%
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