Objective

To grow your capital at a pace that significantly exceeds inflation through exposure to a collection of companies of all sizes around the world.

Fee

The all-in fee for the fund is 1.63%, which is meant to reflect the long-term fund mix of the portfolio. The fee includes all of the fund's operating expenses and taxes, as well as all management fees paid to Steadyhand and the managers of the underlying funds. In other words, there is no double-dipping on fees.

Is This Fund For You?

You have a reasonable investment time horizon (over 5 years) and a moderate to high tolerance for risk. Consider this fund if you seek exposure to a portfolio of global companies with the added diversification that comes with a multi-manager approach. The fund is designed to serve as a one-stop investment solution for the equity portion of a portfolio.

Geographic Profile

Global: the fund invests in equities around the globe. Concentration is focused in the developed world — North America, Europe and Japan in particular. The fund's geographic allocation may vary considerably, however, based on where the best opportunities lie.

Estimated long-term equity mix:

Strategy

The Builders Fund is a fund-of-funds, meaning it invests in Steadyhand's four stand-alone equity funds — Steadyhand Equity Fund, Steadyhand Global Equity Fund, Steadyhand Small-Cap Equity Fund, and Steadyhand Global Small-Cap Equity Fund — in order to achieve its objective. The underlying fund mix is managed by Salman Ahmed, with Tom Bradley as co-manager, and will be a reflection of their views on market valuations. The portfolio will consist primarily of stocks but may hold a modest cash position (via the Steadyhand Savings Fund).

Unitholder Responsibilities

• This fund is an all-stock portfolio. Make sure it fits into your investment plan.
• Be aware that our non-benchmark oriented style means the fund will often be out-of-synch with the market.
• Sit tight. The manager will be making the difficult decisions on your behalf. Let Salman do his thing.
• Remember that time in the market always beats timing the market.

Portfolio Manager

Steadyhand Investment Management Ltd.

• Concentrated, unconstrained and non-benchmark oriented.
• Salman Ahmed has over 10 years of investment experience.
• High level of co-investment (investing alongside clients).