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Topic: How To Invest

Trimark Canadian Resources Fund $18.17

TRIMARK CANADIAN RESOURCES FUND $18.17 (CWA Rating: Aggressive) (AIM Funds Management Inc., 5140 Yonge Street, Suite 900, Toronto, Ontario M2N 6X7. 1-800-631-7008; Website: www.aimfunds.ca. Buy or sell through brokers.) includes firms we’d rate as Speculative in its top picks. However, we like the fund’s value-seeking, conservative approach to picking stocks in the volatile resource sector.

The $459.9 million fund’s MER is 2.47%. Over the last year, Trimark Canadian Resources made 34.7%. Its five-year record is 26.2% annually.

The fund’s top holdings are West Fraser Timber, Kinross Gold Corporation, Barrick Gold, Inmet Mining, Mayr-Melnhof Karton AG (Austrian cardboard carton maker), Enerflex Systems, Inco Ltd., Labrador Iron Ore Royalty, Teck Cominco and Sherritt International.

The Trimark Canadian Resources Fund is broken down by sector as follows: Metals & minerals, 21.5%; Oil & gas, 20%; Gold & precious metals, 19.1%; Energy equipment & services, 7.7%; Paper & forest, 6.5%; Steel, 5.8%; Containers & packaging, 4%; Chemicals, 2.6%; and Commercial services & supplies, 2.5%.

Trimark Canadian Resources Fund is a buy.

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