Public Track Record As of January 31, 2012
Canadian All Cap Equity Composite
| Year |
Total return |
TSXT return (%) |
| 2001* (6/1–12/31) |
–1.4 |
–4.8 |
| 2002 |
–3.2 |
–12.4 |
| 2003 |
23.2 |
26.6 |
| 2004 |
18.1 |
14.6 |
| 2005 |
24.0 |
24.4 |
| 2006 |
23.8 |
17.0 |
| 2007 |
6.9 |
9.8 |
| 2008 |
–38.4 |
–33.0 |
| 2009 |
54.1 |
35.1 |
| 2010 |
21.3 |
17.6 |
| 2011 |
–12.1 |
–8.7 |
| 2012 YTD |
4.7 |
4.4 |
| Cumulative return since inception (%) |
141.3 |
96.0 |
*Inception of the Canadian All Cap strategy is January 1,
2001and the composite creation and performance start date is June 1, 2001.
All Cap Canadian is our core strategy of Canadian issuers of stocks across all capitalization ranges, large, medium, and small cap, reported in Canadian dollars. The strategy is well diversified and covers many industry sectors. Wise Capital Management uses a quantitative ranking and screening process, combined with a fundamental overlay and qualitative assessment to evaluate investments. The benchmark is the TSX Composite Total Return.
Wise Capital All Cap Canadian Equity Fund
The returns can be a small amount higher or lower than the Canadian All Cap Equity Composite in different years. For 2010, the performance of the pool was 22.3%, a difference of 1.1% from the composite.
We managed strategy assets of $75 million as of December 31, 2011. These are not included in the regular All Cap composite returns. These assets were managed with a higher active risk (and higher volatility) than the regular all cap, and the 2011 return was -10.1%. The return for 3 years 2009-2011 was 20.6% annualized (18% all cap, 13.2% TSX). The return for these assets was 0.2% annualized higher than all cap (and 1.1% annualized than TSX) since inception of these strategic assets February 2005.
The NAV is available as of the first day of each month at GlobeFund.com.
There was a December 31, 2011 distribution of $0.97 plus a fraction per unit based on dividends and interest earned by the pool. TDW only puts this in the January statement.
Global Equity Composite (USD)
|
Year |
Total return |
MSCI return (%) |
|
2001* (7/1–12/31) |
4.0 |
–7.0 |
|
2002 |
–3.0 |
–19.9 |
|
2003 |
42.8 |
33.1 |
|
2004 |
27.5 |
14.7 |
|
2005 |
11.8 |
9.5 |
|
2006 |
30.7 |
20.1 |
|
2007 |
13.3 |
9.0 |
|
2008 |
–43.6 |
–40.7 |
|
2009 |
30.9 |
30.0 |
|
2010 |
6.8 |
11.8 |
|
2011 |
–18.1 |
–5.5 |
|
2012 YTD |
8.7 |
5.0 |
|
Cumulative since inception |
113.9 |
39.3 |
*inception and creation date of the Global Equity composite is July 1, 2001
This strategy is invested in mid- and large capitalization stocks, ADRs and ETFs trading on North American exchanges. Performance is reported in US dollars. The benchmark is the Morgan Stanley World Total Return Index in USD (net). The benchmark return is net of withholding taxes from a Luxembourg tax perspective.
Wise Capital Management Inc. claims compliance with the Global Investment Performance Standard (GIPS®).
Performance Disclosures:
Firm Information:
Wise Capital Management Inc. (Wise) is an ICPM (Investment Counsel
Portfolio Manager) registered with the Ontario Securities Commission since
December 2000 and is incorporated and abides by the laws of Ontario, Canada.
Wise Capital is a discretionary manager buying equities across North America,
as well as other marketable securities.
For a complete list and description of composites and/or GIPS compliant presentation, contact Sam or Chavdar at 416-483-1900 or write Wise Capital Management, 1305—2200 Yonge Street, Toronto, Ontario, M4S 2C6.
Calculation Methodology: Valuations and returns are computed and stated in Canadian dollars, and individual portfolios are revalued monthly. Global equity is presented in USD. Gross of fees returns are calculated gross of management and custodial fees and net of transaction costs. Maximum fees and charges are 1.5% on the first $1 million, and 1.25% above $1 million. The composite results portrayed reflect the reinvestment of dividends, realized and unrealized capital gains, and other earnings when appropriate.
Other Disclosures: Wise Capital has been verified for December 31, 2000 through December 31, 2009 by Beacon Verification Services. Verification from January 1, 2010 to September 30, 2011 was performed by Ashland Partners International. This performance report should not be construed as a recommendation to purchase or sell any particular securities held in composite accounts. Market conditions can vary widely over time and can result in a loss of portfolio value.
