The investment objective of the Veritas Canadian Equity Fund is to provide Unitholders with long term capital growth earning enhanced risk adjusted returns relative to the S&P TSX Composite Total Return Index.

To achieve the investment objective, the Fund will invest primarily in the securities of publicly traded Canadian companies, but may also invest in other securities. The Fund will invest in a concentrated portfolio of securities selected by the Portfolio Advisor based (in part) on the recommendations of Veritas Investment Research using fundamental analysis utilizing forensic accounting based principals. In constructing the investment portfolio of the Fund, the Portfolio Advisor will seek to minimize volatility.

Fundserv Details:                          

VAM 205- A CLASS MANAGEMENT FEE - 1.95% VAM 201- F CLASS MANAGEMENT FEE - 0.95%
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Independent Review Committee

Veritas Canadian Equity Fund Proxy Voting Information

Veritas Canadian Equity Fund Proxy Voting Records 2021    
 

Meeting Date Name of Issuer Ticker CUSIP Identification of Voting Matter

Matters Proposed By
Issuer/Mmgt/another person or company

Voted
Yes/No
Vote
For/Against
January 27, 2021 CGI Inc. GIBa.TO 12532H104 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. By-law Amendment 1986-5:
Allow full use of modern communication tools
Mgmt Yes For
January 26, 2021 Metro Inc. MRU.TO 59162N109 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Approve Executive Compensation Mgmt Yes For
        4. By-Law Amendment:
Virtual meetings and electronic signatures
Mgmt Yes For
January 15, 2021 Cogeco CCA.TO 19239C106 1. Election of directors Mgmt Yes For
  Communications Inc.     2. Appointment of auditors Mgmt Yes For
        3. Approve Executive Compensation Mgmt Yes For
May 3, 2021 Manulife Financial Corp MFC.TO 56501R106 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
May 10, 2021 WSP Global Inc WSP.TO 92938W202 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
May 11, 2021 George Weston Ltd WN.TO 961148509 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
May 4, 2021 TransAlta Corp TA.TO 89346D107 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
        4. Approve amendment to share unit plan Mgmt Yes For
        5. Approve amendment to stock based compensation Mgmt Yes For
May 6, 2021 Crombie Real Estate CRR_u.TO 227107109 1. Election of directors Mgmt Yes For
  Investment Trust     2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
April 29, 2021 Capital Power Corp CPX.TO 14042M102 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
May 7, 2021 Killam Apartment REIT KMP_u.TO 49410M102 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
May 5, 2021 Enbridge Inc ENB.TO 29250N105 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
April 27, 2021 TFI International Inc TFII.TO 87241L109 1. Election of directors Mgmt Received late, did not vote  
        2. Appointment of auditors Mgmt Received late, did not vote  
May 7, 2021 Telus Corp T.TO 87971M103 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Approve Executive Compensation Mgmt Yes For
        4. Approve Directors Deferred Share Unit Plan Mgmt Yes For
May 5, 2021 Maple Leaf Foods Inc MFI.TO 564905107 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Approve Executive Compensation Mgmt Yes For
        4. Approve amendment to share option plan Mgmt Yes For
May 11, 2021 SNC-Lavalin Group Inc SNC.TO 78460T105 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
May 27, 2021 Linamar Corp LNR.TO 53278L107 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
May 6, 2021 Canadian Natural CNQ.TO 136385101 1. Election of directors Mgmt Yes For
  Resources Ltd     2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
May 26, 2021 RioCan Real Estate REI_u.TO 766910103 1. Election of directors Mgmt Yes For
  Investment Trust     2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
June 18, 2021 Granite Real Estate Investment Trust GRT_u.TO 387437114 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
June 23, 2021 Topaz Energy Corp TPZ.TO 89055A203 1. Quantity of Directors Mgmt Yes For
        2. Election of directors Mgmt Yes For
        3. Performance Share Unit plan Mgmt Yes For
        4. Deferred Share Unit Plan Mgmt Yes For
        5. Appointment of Auditors Mgmt Yes For
        6. Advisory vote on Executive Compensation Mgmt Yes For
June 9, 2021 Dollarama Inc DOL.TO 25675T107 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes
For
        4. Shareholder Proposal requesting report on human rights risk arising from third party employment agencies Shareholder Yes Against
June 22, 2021 ARC Resources Ltd ARX.TO 00208D408 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
June 24, 2021 Air Canada AC.TO 008911877 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes Against
September 1, 2021 Alimentation Couche-Tard ATDb.TO 01626P403 1. Appointment of auditors Mgmt Yes For
        2. Election of directors Mgmt Yes For
        3. Advisory vote on executive compensation Mgmt Yes For
        4. Approve amendment to stock based compensation Mgmt Yes For


 

The investment objective of the Veritas Absolute Return Fund (the “Fund”) is to provide unit holders with consistent long-term capital appreciation and an attractive risk-adjusted rate of return.

The Fund will invest primarily in the securities of publicly traded Canadian companies that it identifies as mispriced. Long and short positions will be determined primarily based on recommendations provided by Veritas Investment Research Inc. (VIR) an affiliate of Veritas Asset Management (VAM). VAM may also invest in securities that are not formally covered by VIR.

The Fund will manage its long and short positions to reduce the impact of market volatility on the portfolio. The Veritas Absolute Return Fund is available to investors eligible to invest under a prospectus exemption such as accredited investors. Prospective investors should rely solely on the Fund’s offering memorandum, which outlines, among other things, the risk factors associated with the Fund.

Fundserv Details:                          

VAM 305 – A SERIES  MANAGEMENT FEE  2.50% VAM 301 – F SERIES  MANAGEMENT FEE  1.50%
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Independent Review Committee

To contact the Independent Review Committee please complete your request in Contact Us

Veritas 2020 Annual Report to Securityholders
Veritas 2019 Annual Report to Securityholders

Veritas Absolute Return Fund Proxy Voting Information

Veritas Absolute Return Fund Proxy Voting Records 2021    
 

Meeting Date Name of Issuer Ticker CUSIP Identification of Voting Matter

Matters Proposed By
Issuer/Mmgt/another person or company

Voted
Yes/No
Vote
For/Against
January 27, 2021 CGI Inc. GIBa.TO 12532H104 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. By-law Amendment 1986-5:
Allow full use of modern communication tools
Mgmt Yes For
January 26, 2021 Metro Inc. MRU.TO 59162N109 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Approve Executive Compensation Mgmt Yes For
        4. By-Law Amendment:
Virtual meetings and electronic signatures
Mgmt Yes For
April 27, 2021 Ceridian HCM Holding Inc CDAY.TO 15677J108 1. Election of directors Mgmt Yes For
        2. Amendment to declassify board forcing directors to stand for re-election annually. Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes Against
        4. Appointment of auditors Mgmt Yes For
May 4, 2021 Suncor Energy Inc SU.TO 867224107 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Approve amendment to stock based compensation Mgmt Yes For
        4. Approve Executive Compensation Mgmt Yes For
May 5, 2021 Enbridge Inc ENB.TO 29250N105 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
May 3, 2021 Manulife Financial Corp MFC.TO 56501R106 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
April 27, 2021 TFI International Inc TFII.TO 87241L109 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
May 5, 2021 Sun Life Financial Inc SLF.TO 866796105 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Approve Board Compensation Mgmt Yes For
        4. Advisory vote on Executive Compensation Mgmt Yes For
April 29, 2021 Capital Power Corp CPX.TO 14042M102 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
May 6, 2021 Magna International Inc MG.TO 559222401 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
May 4, 2021 TransAlta Corp TA.TO 89346D107 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
        4. Approve amendment to share unit plan Mgmt Yes For
        5. Approve amendment to stock based compensation Mgmt Yes For
May 7, 2021 Telus Corp T.TO 87971M103 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Approve Executive Compensation Mgmt Yes For
        4. Approve Directors Deferred Share Unit Plan Mgmt Yes For
May 3, 2021 Bombardier Inc BBDb.TO 097751200 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
May 6, 2021 Canadian Natural CNQ.TO 136385101 1. Election of directors Mgmt Yes For
  Resources Ltd     2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
May 11, 2021 George Weston Ltd WN.TO 961148509 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
May 13, 2021 Home Capital Group Inc HCG.TO 436913107 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
        4. Shareholder rights plan Mgmt Yes For
        5. By-law Amendment No. 1A, removes requirement  that 25% of directors are Canadian Residents Mgmt Yes For
May 10, 2021 WSP Global Inc WSP.TO 92938W202 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
May 11, 2021 SNC-Lavalin Group Inc SNC.TO 78460T105 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
May 20, 2021 Hydro One Ltd H.TO 448811208 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
May 6, 2021 NFI Group Inc NFI.TO 62910L102 1. Appointment of auditors Mgmt Yes For
        2. Election of directors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
May 20, 2021 Shaw Communications Inc SJRb.TO 82028K200 1. Vote for the acquisition by Rogers Communications Inc. Mgmt Yes For
May 27, 2021 Linamar Corp LNR.TO 53278L107 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
May 26, 2021 RioCan Real Estate REI_u.TO 766910103 1. Election of directors Mgmt Yes For
  Investment Trust     2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
May 6, 2021 Crombie Real Estate CRR_u.TO 227107109 1. Election of directors Mgmt Yes For
  Investment Trust     2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
May 5, 2021 Maple Leaf Foods Inc MFI.TO 564905107 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Approve Executive Compensation Mgmt Yes For
        4. Approve amendment to share option plan Mgmt Yes For
May 6, 2021 Fortis Inc FTS.TO 349553107 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Approve Executive Compensation Mgmt Yes For
May 7, 2021 Killam Apartment REIT KMP_u.TO 49410M102 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
June 22, 2021 ARC Resources Ltd ARX.TO 00208D408 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
June 23, 2021 Topaz Energy Corp TPZ.TO 89055A203 1. Quantity of Directors Mgmt Yes For
        2. Election of directors Mgmt Yes For
        3. Performance Share Unit plan Mgmt Yes For
        4. Deferred Share Unit Plan Mgmt Yes For
        5. Appointment of Auditors Mgmt Yes For
        6. Advisory vote on Executive Compensation Mgmt Yes For
June 24, 2021 Air Canada AC.TO 008911877 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes Against
July 15, 2021 MTY Food Group Inc MTY.TO 55378N107 1. Election of directors Mgmt Yes For
        2. Appointment of auditors Mgmt Yes For
        3. Advisory vote on Executive Compensation Mgmt Yes For
September 9, 2021 Empire Company Limited EMPa.TO 291843407 1. Advisory vote on Executive Compensation Mgmt Yes For
December 10, 2021 Kansas City Southern KSU.N 485170302 1. To adopt the Agreement and Plan of Merger, dated as of September 15, 2021 Board Yes For
        '2. To approve, on a non-binding, advisory basis, deal-related executive compensation Board Yes For
        3. To approve special mtng adjournment, if necessary to solicit additional votes Board Yes For
December 8, 2021 Canadian Pacific Railway CP.TO 13645T100 1. Approve the issuance of 277.96 MM CP shares to conclude the KSU merger Board Yes For
        2. Approve change of name to Canadian Pacific Kansas City Limited Board Yes For