The Update [2 22 2015]

Page 1

Chief Executive Officer Ryan Volk Chief Investment Officer Matthew Hoffer Chief Financial Officer Mark Richardson Chief Economist Ronald Chow

Current Holdings Total Cost

Current Price

Total Market Value

% Change

26

$1,027.41

$45.99

$1,195.74

+2.96%

$62.15

25

$1,553.75

$61.82

$1,545.50

-0.53%

Husky Energy Inc.

$27.24

36

$980.64

$28.61

$1,029.96

+5.03%

Bank of Nova Scotia

$61.25

32

$1,960.00

$66.25

$2,120.00

+8.16%

Toronto Dominion

$50.08

38

$1,903.04

$53.96

$2,050.48

+7.75%

iShares Canadian ShortTerm Bond Fund

$28.98

27

$782.46

$28.99

$782.73

+0.03%

Purchase Price

# of Shares

Rogers Communications

$44.67

Enbridge Inc.

Stock Name

Cash

$17,399.33

$17,399.33

Total Value

$25,782.34

$26,123.72

The Update

+1.32%

February 22, 2015 2:30pm


Crescent School Investment Team

Sector Performance Diversified

Industrials

Energy

Financials

CSIT

BM

CSIT

BM

CSIT

BM

CSIT

BM

% Change – Past Week

+0.01%

+1.73%

+0.00%

+0.20%

-0.86%

-2.64%

-2.34%

+0.86%

% Change – Past Month

+2.56%

+2.26%

+0.00%

+3.36%

+4.03%

+2.03%

+7.20%

+5.72%

% Change – Past Three Months

+2.56%

+12.86%

+0.00%

+6.49%

+1.62%

-5.62%

+7.33%

+5.48%

% Change – Since Inception

+2.56%

+25.64%

+0.00%

+3.80%

+1.62%

-12.06%

+7.96%

-4.07%

Portfolio Performance CSIT Portfolio

Crescent TSX 60 Benchmark

*Red Line*

*Blue Line*

% Change – Past Week

-0.46%

-0.73%

% Change – Past Month

+1.28%

+6.04%

% Change – Past Three Months

+1.32%

+8.14%

% Change – Since Inception

+1.32%

+0.85%

The Update

February 22, 2015 2:30pm


Crescent School Investment Team

Comments: In the past two weeks, we have managed to invest a portion of our portfolio in XSB, iShares Canadian Short-Term Bond Fund. This investment has not warranted a lot of gains, as expected. We are also in the final stages for investing in CGI Group, Canadian Tire, Potash Corporation, and Royal Bank of Canada. Looking at the portfolio as a whole, we have underperformed the volatile benchmark in the past month, but it should be noted that we outperformed the benchmark this past week, where the market showed slight weakness. Our portfolio, since inception, has outperformed the benchmark by a margin of +0.47%, a smaller margin when compared to that of two weeks ago (+0.55%). With that said, we are still confident that our portfolio has great potential for growth, and will ultimately outperform the volatile benchmark. - Ronald Chow, Chief Economist

Executive Team: Ryan Volk, Chief Executive Officer  ryanvolk@crescentschool.org Matthew Hoffer, Chief Investment Officer  matthewhoffer@crescentschool.org Mark Richardson, Chief Financial Officer  markrichardson@crescentschool.org Ronald Chow, Chief Economist  ronaldchow@crescentschool.org Mr. Gavin Muranaka  gmuranaka@crescentschool.org Mr. Michael Stephens  mstephens@crescentschool.org Ms. Mita Bhattacharyya  mbhattacharyya@crescentschool.org

The Update

February 22, 2015 2:30pm


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