DISCLOSURES
The information contained herein is for general information purposes and does not constitute a solicitation for the purchase or sale of securities. The full details of the Fund, its investment strategies and the risks are detailed in the Fund’s current simplified prospectus and fund facts document, copies of which may be obtained from Sedar, your dealer, Veritas Asset Management Inc. (“VAM”) or at Veritasfunds.com. Please read the prospectus before investing. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. All performance data assume reinvestment of all distributions or dividends and do not take into account other charges or income taxes payable by any unitholder that would have reduced returns. The performance of the Fund is not guaranteed, unit values change frequently and past performance may not be repeated. Performance is presented in Canadian dollars, unless otherwise stated, and is net of fees of Series F units of the Fund. VAM is an affiliate of Veritas Investment Research Corporation (“VIR”) by virtue of being under common control that may also from time to time have certain common directors, officers and/or employees. VIR produces and issues independent equity research regarding public issuers to investors and other capital markets participants. VAM is a client of VIR and receives research reports from VIR at the same time as VIR’s other clients. VIR and VAM have implemented policies and procedures to minimize the potential for and to address conflicts of interest, which are available upon request.
Cautionary Note Regarding Forward-Looking Statements
Some information may contain forward-looking statements. All statements, other than statements of historical fact, that address activities, events or developments that Veritas Asset Management Inc., the Portfolio Manager, or any affiliates thereof (the ‘Companies’) believe, expect, or anticipate will or may occur in the future (including, without limitation, statements regarding any targeted returns, projections, forecasts, statements, and future plans and objectives of the Companies) are forward-looking statements. These forward-looking statements reflect the current expectations, assumptions or beliefs of the Companies based on information currently available to the Companies. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Companies to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Companies.
For a list of factors that could cause actual results or events to differ materially from current expectations, please refer to our Prospectus and the section ‘Risk Factors’. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Companies disclaim any intent or obligation to update any forward-looking statement, whether as a result of new information, future events, or results or otherwise. Although the Companies believe that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
Leave the Seatbelts On
Entering 2022, we highlighted the many risks facing investors this year, which then included stretched valuations, accelerating inflation and consequently, looming rate hikes.
Read moreConsumer Check-Up
Coming into 2022, prevailing wisdom held that strong household balance sheets and sustained reopening spending would be counterweights to rising interest rates at the Fed.
Read moreStaring Down a Bear
In April, the S&P 500 continued to edge toward a bear market, defined as a 20% drop from recent market highs; through May 11th the S&P had dropped 18% from its January 3, 2022 high.
Read moreStaying on Defense
Aside from the headline moves in Energy and Materials in the first quarter, which were tied to the war in Ukraine and to post-pandemic commodity supply challenges, the Canadian market has turned extremely defensive.
Read moreA War on Everyone’s Doorstep
Russia’s invasion of Ukraine on February 24th marks one of those rare times in history where the world order appears upended. We would say overnight, but the conflict has been brewing since Russia invaded Crimea in 2014.
Read moreWhy Investing Needs More than a Forecast
We’ve been asked a lot lately where we see markets heading through the end of 2022. No problem, we reply. We have just three questions.
Read more