WE ARE VALUE INVESTORS.

Type Of Fund:

Long Equity / Long-Term Capital Appreciation / Global Mid Cap >40% Of Portfolio Outside Of The USA

Objectives Of Fund:

Maximize Absolute Returns Over The Long-Term / Preserve Principle / Own Stakes In Quality Global Businesses

Investment Approach:

Global / Size Agnostic / Concentrated / Special Situations / Margin Of Safety / Value Investing / Long-Term

Returns:

October 2017 Return: +3.86%

2017 YTD (October) Return: +20.03%

Trailing Twelve Month Return: +24.77%

CAGR since inception March 26, 2014: +18.83%

*In Canadian Dollars