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 | VAM 201- F CLASS |
Morningstar - quote.morningstar.ca | Morningstar - quote.morningstar.ca |
Globe Investor - theglobeandmail.com | Globe Investor - theglobeandmail.com |
2023 Performance Sheets | |
---|---|
February 2023 | Veritas Canadian Equity Fund - February 2023 |
January 2023 | Veritas Canadian Equity Fund - January 2023 |
Regulatory Documents
Financial Statements
Management Reports of Fund Performance
Veritas Canadian Equity Fund Proxy Voting Information
Veritas Canadian Equity Fund Proxy Voting Records 2022
Veritas Canadian Equity Fund Proxy Voting Records 2021
Veritas Canadian Equity Fund Proxy Voting Records 2022-2023
Meeting Date | Name of Issuer | Ticker | CUSIP | Identification of Voting Matter | Matters Proposed By |
Voted Yes/No |
Vote For/Against |
|
August 28, 2022 | Alimentation Couche-Tard Inc. | ATD.CA | 01626P304 | 1. Appointment of PWC as Auditors | Board | Yes | For | |
2. Election of Directors | Board | Yes | For | |||||
3. Executive Compensation | Board | Yes | For | |||||
4. Voting on special approving the proposed amendments to articles of incorporation | Board | Yes | For | |||||
5. Shareholder proposal No. 1 | Shareholders | Yes | Against | |||||
6. Shareholder proposal No. 2 | Shareholders | Yes | Against | |||||
7. Shareholder proposal No. 3 | Shareholders | Yes | Against | |||||
8. Shareholder proposal No. 4 | Shareholders | Yes | Against | |||||
January 13, 2023 | Cogeco Communications | CCA.CA | 19239C106 | 1. Election of Director | Board | Yes | For | |
2. Appointment of Deloitte as Auditors | Board | Yes | For | |||||
3. Executive Compensation | Board | 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 | VAM 301 – F SERIES |
Morningstar - quote.morningstar.ca | Morningstar - quote.morningstar.ca |
Globe Investor - theglobeandmail.com | Globe Investor - theglobeandmail.com |
2023 Performance Sheets | |
---|---|
February 2023 | Veritas Absolute Return Fund - February 2023 |
January 2023 | Veritas Absolute Return Fund - January 2023 |
Regulatory Documents
Financial Statements
Management Reports of Fund Performance
Veritas Absolute Return Fund Proxy Voting Information
Veritas Proxy Voting Policy
Veritas Absolute Return Fund Proxy Voting Records 2022
Veritas Absolute Return Fund Proxy Voting Records 2021
Veritas Absolute Return Fund Proxy Voting Records 2022-2023
Meeting Date | Name of Issuer | Ticker | CUSIP | Identification of Voting Matter | Matters Proposed By |
Voted Yes/No |
Vote For/Against |
|
July 14, 2022 | MTY Food Group Inc. | MTY.CA | 55378N107 | 1. Election of Directors | Board | Yes | For | |
2. Appointment of PWC as Auditors | Board | Yes | For | |||||
3. Executive Compensation | Board | Yes | For | |||||
August 28, 2022 | Alimentation Couche-Tard Inc. | ATD.CA | 01626P304 | 1. Appointment of PWC as Auditors | Board | Yes | For | |
2. Election of Directors | Board | Yes | For | |||||
3. Executive Compensation | Board | Yes | For | |||||
4. Voting on special approving the proposed amendments to articles of incorporation | Board | Yes | For | |||||
5. Shareholder proposal No. 1 | Shareholders | Yes | Against | |||||
6. Shareholder proposal No. 2 | Shareholders | Yes | Against | |||||
7. Shareholder proposal No. 3 | Shareholders | Yes | Against | |||||
8. Shareholder proposal No. 4 | Shareholders | Yes | Against | |||||
February 1, 2023 | CGI Group | GIB.A.CA | 12532H104 | 1. Election of Directors | Board | Yes | For | |
2. Appointment of PWC as Auditors | Board | Yes | For | |||||
3. Shareholder proposal No. 1 | Shareholders | Yes | Against | |||||
4. Shareholder proposal No. 2 | Shareholders | Yes | Against | |||||
5. Shareholder proposal No. 3 | Shareholders | Yes | Against | |||||
6. Shareholder proposal No. 4 | Shareholders | Yes | Against | |||||
January 13, 2023 | Cogeco Communications | CCA.CA | 19239C106 | 1. Election of Director | Board | Yes | For | |
2. Appointment of Deloitte as Auditors | Board | Yes | For | |||||
3. Executive Compensation | Board | Yes | For | |||||
January 19, 2023 | Metro Inc. | MRU.CA | 59162N109 | 1. Election of Director | Board | Yes | For | |
2. Appointment of EY as Auditors | Board | Yes | For | |||||
3. Executive Compensation | Board | Yes | For | |||||
4. Resolution approving the replenishment of the reserve for the Corporation's Stock Option Plan and the amendments to such Stock Option Plan | Board | Yes | For | |||||
5. Shareholder Proposal No. 1 | Shareholders | Yes | Against | |||||
6. Shareholder Proposal No. 2 | Shareholders | Yes | Against | |||||
April 6, 2023 | Canadian Western Bank | CWB.TO | 13677f101 | 1. Election of Director | Board | Yes | For | |
2. Appointment of KPMG as Auditors | Board | Yes | For | |||||
3. Executive Compensation | Board | Yes | For | |||||
April 4, 2023 | Bank Of Nova Scotia | BNS.TO | 64149107 | 1. Election of Director | Board | Yes | For | |
2. Appointment of KPMG as Auditors | Board | Yes | For | |||||
3. Executive Compensation | Board | Yes | For | |||||
4. Shareholder Proposal No. 1 | Shareholders | Yes | Against | |||||
5. Shareholder Proposal No. 2 | Shareholders | Yes | Against | |||||
April 26, 2023 | TFI International Inc. | TFII.TO | 87241L | 1. Election of Director | Board | Yes | For | |
2. Appointment of KPMG as Auditors | Board | Yes | For | |||||
3. Executive Compensation | Board | Yes | For | |||||
April 26, 2023 | Cenovus Energy Inc. | CVE.TO | 15135U | 1. Appointment of PWC as Auditors | Board | Yes | For | |
2. Election of Director | Board | Yes | For | |||||
3. Executive Compensation | Board | Yes | For | |||||
4. Approve the shareholder proposal on lobbying reporting | Board | Yes | For | |||||
April 30, 2023 | Enbridge Inc. | ENB.TO | 29250N | 1. Election of Directors | Board | Yes | For | |
2. Appointment of PWC as Auditors | Board | Yes | For | |||||
3. Executive Compensation | Board | Yes | For | |||||
4. Shareholder Rights Plan | Board | Yes | For | |||||
5. Shareholder Proposals 1. | Shareholders | Yes | Against | |||||
6. Shareholder Proposals No. 2 | Shareholders | Yes | Against |