monthly summary as of 9/30/2016€¦ · market commentary short term ... n employment since april...

As of 9/30/2016Monthly Summary

Income and Dividend

Mo Rk 3 Mo Rk YTD Rk 1 Year Rk 4 Years Rk 2015 Rk 2014 Rk 2013 Rk

CC&L Group Income & Growth Fund

Median

10.3520.40-0.8510.9014.8214.634.250.77

0.67 4.18 12.05 12.54 8.81 1.27 17.01 9.79

40 48 30 34 23 56 25 48

BondsMo Rk 3 Mo Rk YTD Rk 1 Year Rk 4 Years Rk 2015 Rk 2014 Rk 2013 Rk

PH&N BondBlackRock Ca Universe Bond Index AFTSE TMX CA Universe BondMedian

4.616.955.901.310.30 5.63 6.81 -0.74

0.31 1.37 5.67 6.65 4.31 4.98 6.64 -0.75

4.086.285.271.190.25 5.24 6.33 -1.344.116.315.281.190.25 5.29 6.34 -1.28

51 61 20 28 25 10 39 4974 84 84 81 77 37 70 8780 87 80 81 74 33 70 80

Market Commentary

Short TermMo Rk 3 Mo Rk YTD Rk 1 Year Rk 4 Years Rk 2015 Rk 2014 Rk 2013 Rk

Sun Life Money Market Fund

FTSE TMX CA Trsy Bill 91 Day

Median

0.370.110.04 0.45 0.80 0.77 0.93 1.05

0.480.160.05 0.62 0.89 0.86 1.03 1.07

0.07 0.22 0.61 0.82 1.05 1.04 1.19 1.20

78 74 82 87 87 87 87 75

95 95 95 95 95 95 100 83

Canadian Small Cap EquityMo Rk 3 Mo Rk YTD Rk 1 Year Rk 4 Years Rk 2015 Rk 2014 Rk 2013 Rk

Beutel Goodman Small Cap Fund

BMO Small Cap Blended (Unweighted)

Median

0.86 6.52 17.82 24.88 12.76 -6.56 24.21 11.53

3.72 8.04 37.17 35.40 2.22 -23.68 12.03 -5.69

1.74 6.55 17.58 21.65 12.20 -9.88 20.39 18.70

91 52 44 31 48 29 32 75

5 13 5 13 100 96 100 96

Balanced 1 Year as of Month End


MFS Responsible BalancedBeutel Goodman Balanced FundCI Signature Income & GrowthMedian

0.62 5.34 7.42 11.32 10.61 2.92 14.98 13.640.63 4.49 4.83 7.44 10.73 7.28 15.91 12.52

0.59 4.21 6.43 9.61 10.06 4.41 15.32 11.560.84 5.37 5.89 6.76 9.31 1.57 17.03 12.51

47 37 87 89 31 12 42 3947 11 31 19 35 66 67 269 9 63 95 75 79 17 41

Ellement Consulting Group Private and Confidential

KMacKenzie

Text Box

Canadian GDP grew by 0.5% in July, ahead of the 0.3% consensus. The largest contributors were the goods producing industries which grew 1.0% and the mining, oil, and gas sector which grew 3.9%. The OECD reduced its forecast growth rate of Canadian GDP to 1.2% in 2016, down from its 1.7% forecast in June. The Organization also lowered its outlook on Canada's growth to 2.1% in 2017, and the outlook for the global economy to 2.9% in 2016 and 3.2% in 2017. Canada experienced its largest monthly increase in employment since April 2012, with 67,200 jobs added in September, most of which were part-time. The Balanced Median manager advanced 4.21% in the third quarter of 2016, with strong quarterly performance from each reported asset class. The Income and Dividend Median advanced 4.18% over the quarter and has advanced 12.05% year to date. The Fixed Income Median manager rose 1.37% in Q3, and has outperformed the FTSE TMX CA Universe Bond Index over the quarter and year to date.

As of 9/30/2016Monthly Summary

Market Commentary

Global Equity


Hexavest World Fund

TD Emerald Global Equity PFT

MSCI World NR (C$)

Median

26.70

21.46

22.19

20.60

15.05

16.63

18.07

17.90

9.12

13.12

-0.49

4.55

6.11

2.80

0.68

-0.47

25.5821.9813.8617.479.16-0.146.120.70

0.62 6.12 2.05 11.05 17.77 15.12 20.86 26.84

92 90 21 25 48 40 54 89

42 50 73 69 45 51 34 51

40 50 71 69 67 65 38 58

International EquityMo Rk 3 Mo Rk YTD Rk 1 Year Rk 4 Years Rk 2015 Rk 2014 Rk 2013 Rk

BlackRock CDN MSCI EAFE Equity Index

Fiera Capital International Equity Fund

MSCI EAFE NR (C$)

Median

1.37 7.69 -3.59 4.57 13.94 9.70 13.49 29.47

1.35 7.43 -2.67 5.49 14.22 12.00 13.51 27.85

1.19 5.98 0.30 10.70 15.91 14.64 11.66 27.35

1.40 7.71 -3.76 4.42 13.80 9.58 13.35 29.30

47 43 66 64 60 64 51 38

65 84 20 8 16 22 72 54

47 43 68 64 61 64 52 38

US EquityMo Rk 3 Mo Rk YTD Rk 1 Year Rk 4 Years Rk 2015 Rk 2014 Rk 2013 Rk

Beutel Goodman American Equity Fund

BlackRock CDN US Equity Index

S&P 500 TR (C$)

Median

29.2630.3915.8322.8616.726.586.11-0.02

24.6030.1219.1721.5913.122.005.090.18

24.6730.1819.2321.6413.152.035.100.19

0.02 5.29 1.10 10.55 20.57 18.06 28.34 26.45

53 28 5 5 8 68 23 21

45 55 34 24 28 46 25 77

43 55 34 24 28 46 23 73

Canadian Equity 1 Year as of Month EndMo Rk 3 Mo Rk YTD Rk 1 Year Rk 4 Years Rk 2015 Rk 2014 Rk 2013 Rk

BlackRock Canadian Equity Index

Beutel Goodman Canadian Equity Fund

CC&L Q Canadian Equity Growth

S&P/TSX Composite TR

Median

1.44 6.30 15.18 14.45 12.33 -2.56 21.78 17.23

1.22 5.45 15.83 14.21 7.78 -8.38 20.38 7.12

1.14 5.86 13.83 14.44 10.52 -5.07 20.46 13.52

6.55

5.45

0.65

1.21 15.80

13.19

14.16

14.79

7.76

12.71

-8.40

-5.12

20.36

22.75

7.12

20.69

45 66 31 54 90 67 53 97

78 26 61 44 15 50 20 17

25 33 39 49 17 27 31 31

45 66 31 54 90 67 53 97

Ellement Consulting Group Private and Confidential

KMacKenzie

Text Box

The Canadian Small Cap Equity Median underperformed the BMO Small Cap Blended (Unweighted) index for the quarter, year to date, and over one year, although absolute performance of the Median is strong over the periods. The Canadian Equity Median outperformed the third quarter return of the S&P/TSX Composite return, while the year to date median return of 13.83% underperformed the index. US Equities recovered their weak first quarter performance, enough to pull the Median manager's year to date return to 1.10%. The Median has returned 20.57% over four years annualized. International Equities were the strongest performing asset class over the quarter, with the Median advancing 7.43%. Despite strong quarterly performance, the International Equity Median remains negative year to date. The Global Equity median matched the MSCI World NR Index 6.12% over the quarter. Over four years, the Global Equity Median has returned 17.77%.

monthly summary as of 9/30/2016€¦ · market commentary short term ... n employment since april...

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