Buy for U.S. Small-cap Value

Article Excerpt

CIBC U.S. SMALL COMPANIES FUND $13.07 (CWA Rating: Aggressive) (CIBC Securities, 5140 Yonge Street, Suite 900, Toronto, Ontario M2N 6X7. 1-800-631-7008; Website: www.cibc.com. No load — deal directly with the company.) invests in small cap U.S. companies that it sees as undervalued, and having above-average growth potential. The $171 million fund’s top holdings now include Whiting Petroleum, Varian Semiconductor Equipment, Guitar Center, Seagate Technology, Hancock Holding, Resources Connection, Dobson Communications, Beacon Roofing Supply, and Magellan Health Services. The fund’s breakdown by sector is as follows: 16.9% in Financials, 15.3% in Industrials, 14.1% in Information technology, 12% in Consumer discretionary, 10.5% in Health care, 6.5% in Materials and 2.9% in Energy. CIBC U.S. Small Companies Fund gained 1.4% over the last year. Its MER is 2.61%. CIBC U.S. Small Companies Fund is a buy. buy…