Oldal 10 [10]
OCR
ső a Now just a few words on each of the funds t Cunadian Investment Fund Ltd. has been incorporated in 1952. It is by far the largest mutual investment fund in the Dominion, Assets exceeding 45,000,000 are invested in a broad diversification of carefully selected securities of Canada's best managed corporations. Sinee 1ts incorporation the company has paid a dividend each quarter, the total amount of which exceeds $10,000,000. Per share net asset value has increased 1367 in the period of its incorporation to December 31, I95I. Canadian Investment Fund Ltd. has more than 15,000 shareholiders. Canadian Fund, Ine. has been incorporated in the United States in May of I952. Its shares are offered in the United States only, not in Canada. As it is specified in the Charter, the Company is investing its assets primarily in securities of Companies, wherever organized, that do business in Canada. Major emphasis 1s to be placed on growth characterisfties and appreciation possibilities with due regard to the overall quality of investments as a group, Furthermore, it is the policy of the Fund to diversify its investments among an adequate number of different industries, In its portfolio the O41 and Gas, Non-Ferrous Metals, Pulp and Paper and Steel Industries are well represented, As it could be expectedm this new Canadian Fund, Ine. proved to be a great success with the American investor. These new stockholders believe that the most intelligent and conservative way to invest in the Dominion's future is by way of a well managed and adequately diversified Investment Fund. Net Asset Value increased by leaps and bounds, and reached the $15,@illion mark by mid-July. ivery investor herém large or small, individual or corporation, will find that although he is faced by some tough problems of selection and timing, Canada still remains the ideal country for investments with its political stability, financial conservatism and economic growth. 10,
