Two Resource Funds, Two Degrees of Risk

Article Excerpt

TD RESOURCE FUND $32.74 (CWA Rating: Aggressive) (TD Asset Management, P.O. Box 7500, Station A, Toronto, Ontario. M5W 1P9. 1-800-836-3757; Web No load — deal directly with the bank) invests in companies with superior asset bases, proven management and the ability to internally finance growth. The $260.2 million TD Resource Fund’s top holdings are mostly of ‘Average’ quality or higher. The fund’s holdings include Suncor Energy, Alcan, EnCana, Talisman Energy, Goldcorp, Denison Mines, Petro-Canada, Nexen, Alcoa, BHP Billiton and Lundin Mining. The fund’s industry breakdown is: Basic materials, 51.2%; and Energy, 46.1%. Its MER is 2.23%. Over the past year the fund has made 24.2%. The fund’s five-year average is 26.1% annually. TD Resource Fund is a buy. TRIMARK CANADIAN RESOURCES FUND $19.23 (CWA Rating: Aggressive) (AIM Funds Management Inc., 5140 Yonge Street, Suite 900, Toronto, Ontario M2N 6X7. 1-800-631-7008; Website: Buy or sell through brokers.) includes firms we’d rate as Speculative in its top picks. However, we like the fund’s…

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