The Update [4 5 2015]

Page 1

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

Current Holdings Purchase Price

# of Shares

Total Cost

Current Price

Total Market Value

% Change

Canadian Tire Corporation

$127.25

9

$1,145.25

$132.88

$1,195.92

+4.42%

CGI Group Inc.

$52.83

20

$1,056.60

$54.03

$1,080.60

+2.27%

Rogers Communications

$44.67

26

$1,161.42

$43.00

$1,118.00

-3.74%

Canadian National Railway

$83.35

22

$1,833.70

$83.69

$1,841.18

+0.41%

Potash Corporation of Saskatchewan

$43.06

25

$1,076.50

$41.05

$1,026.25

-4.67%

Enbridge Inc.

$62.15

25

$1,553.75

$60.64

$1,516.00

-2.43%

Husky Energy Inc.

$27.24

36

$980.64

$26.62

$958.32

-2.28%

Bank of Nova Scotia

$61.25

32

$1,960.00

$63.09

$2,018.88

+3.00%

Royal Bank of Canada

$77.50

25

$1,937.50

$76.80

$1,920.00

-0.90%

Toronto-Dominion

$50.08

38

$1,903.04

$54.13

$2,056.94

+8.09%

iShares Cndn Short Term Bond Fund

$28.98

27

$782.46

$28.95

$781.65

-0.10%

Stock Name

Cash

$10,354.03

$10,392.31

+0.37%

TOTAL

$25,782.34

$25,866.94

+0.18%

The Update

April 5, 2015, 9:00AM


Crescent School Investment Team

Sector Performance Diversified

Industrials

Energy

Financials

CSIT

BM

CSIT

BM

CSIT

BM

CSIT

BM

% Change – Past Week

+0.59%

-0.35%

+0.01%

+0.43%

+0.01%

+1.67%

+1.52%

+1.30%

% Change – Past Month

+1.80%

-5.77%

-0.48%

-3.93%

-0.81%

+1.48%

-1.01%

-0.74%

% Change – Past Three Months

+0.93%

-0.52%

-1.47%

+4.74%

-2.37%

+1.10%

+3.37%

+4.25%

% Change – Since Inception

+0.93%

+22.22%

-1.47%

-2.11%

-2.37%

-12.86%

+3.37%

-5.09%

Portfolio Performance CSIT Portfolio

Crescent TSX 60 Benchmark

*Red Line*

*Blue Line*

% Change – Past Week

+0.15%

+0.83%

% Change – Past Month

-0.23%

-2.19%

% Change – Past Three Months

+0.18%

+0.51%

% Change – Since Inception

+0.18%

-1.47%

The Update

April 5, 2015, 9:00AM


Crescent School Investment Team

Comments: Over the past two weeks, our portfolio has had a nice return to form and returned to a state of positive earnings. This is very reassuring as we are now both performing above the benchmark and making positive earnings, which are the two main objectives for this year’s portfolio. This is thanks to two major occurrences: the first being a number of our investments making large rebounds from prior losses, and the second being the overall market (benchmark) increasing. This has helped make our portfolio successful to this point in the year. - Ryan Volk, Chief Executive Officer Due to the return from the March Break, we have had slow progress over the past two weeks. The paperwork for the purchase of Brookfield (BAM) has been completed, and we will be purchasing BAM very shortly. We are also in the process of approval for an investment into Yamana Gold. Over the next few weeks, we are expecting the pace to pick up, with a few more proposals for investments expected, to round out our portfolio. We are well on track to fill our portfolio, with multiple proposals trickling through the production pipeline this week. - 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

April 5, 2015, 9:00AM


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