Equity Component
For the next 10 years, the portfolio will be heavily weighted in an Equity Growth Fund, Acuity Pooled Canadian Equity (the weights will change). The investment objective of this fund is to obtain capital growth over the long run. The fund invests primarily in equity securities. For the first 10 years, this will be the main engine running the performance of the fund.
It is important when evaluating a fund to look for a strong average annual compound rate of return. Ideally, 10 years. Acuity reported a 10 year average annual compound rate of return of 11.74% which is greater than the 10 year S&P/TSX Total return of 8.13%. This means that if an investor had purchased the fund 10 years ago and held on to it until today, the investor would have earned an average annual return of 11.74%. The 11.74% is also net of management fees and expenses paid by the fund.
The objective of the Acuity Pooled Canadian Equity fund is to provide long term growth. However, consistency of returns is also important.
1-year 3-year 5-year 10-year 15-year Since Inception
Acuity Pooled Canadian Equity -0.64% 14.79% 20.71% 11.74% 16.09% 16.01%
S&P/TSX Total return 6.58% 16.83% 18.65% 8.13% 11.22% NIL
This chart shows that over the long term, the Acuity Pooled Canadian Equity Fund has provided consist ...