Market Update-Taylor Asset Management
November 08 2012 - 11:30AM
Marketwired
Advisors and investors are invited to listen to David Taylor from
Taylor Asset Management as he shares his views and outlook on the
North American equity market. David Taylor is the portfolio manager
of Taylor North American Equity Opportunities Fund (TSX:TOF.UN)
(the "Fund") and a recipient of the Brendan Wood 2012 Canadian
TopGun Investment Minds Award. Mr. Taylor has produced strong
returns for the Fund and has delivered on his commitment to find
excellent value stocks in the current market. As of November 1,
2012, the net asset value per unit of the Fund was $10.47. The Fund
has delivered a strong return of 12.3%(1) in just over four months
since the Fund's inception on June 19, 2012. Over the same time
period, the Fund has outperformed the S&P/TSX Composite Index
by 5% and outperformed the S&P 500 Index by 6.4%.
To listen to the entire conference call, please visit our
website at www.bromptongroup.com/taylor and click on the link.
About Brompton Funds
Brompton Funds, a division of Brompton Group, is a leading and
experienced closed-end fund manager. Brompton is focused on meeting
the needs of investors by offering low cost, innovative products
with client friendly terms and supported by strong corporate
governance. For further information, please contact your investment
advisor, call Brompton's investor relations line at 416-642-6000,
toll-free at 1-866-642-6001, email info@bromptongroup.com or visit
our website at www.bromptongroup.com.
About Taylor Asset Management
Taylor Asset Management Inc. is an independent investment
management firm, founded by award-winning portfolio manager David
Taylor to meet the needs of individual and institutional investors.
Mr. Taylor was previously the lead equity portfolio manager for
several funds from late 2002-2011 which won 15 Lipper Awards, and
also won Morningstar Canada's Best Canadian Equity Fund award for
2006, 2009, and 2010. The firm's research-intensive,
risk-sensitive, fundamentals-based investment process focuses on
identifying securities that are undervalued to develop portfolios
that deliver strong long-term growth consistent with core
investments.
www.taylorassetmanagement.com.
(1)As of October 31, 2012. Performance is cumulative and
reflects total return based on net asset value.
Commissions, trailing commissions, management fees and expenses
all may be associated with investment funds. Please read the Fund's
publicly filed documents which are available from SEDAR at
www.sedar.com. Investment funds are not guaranteed, their values
change frequently and past performance may not be repeated.
Certain statements contained in this news release constitute
forward-looking information within the meaning of Canadian
securities laws. Forward-looking information may relate to matters
disclosed in this news release and to other matters identified in
public filings relating to the Fund, to the future outlook of the
Fund and anticipated events or results and may include statements
regarding the future financial performance of the Fund. In some
cases, forward-looking information can be identified by terms such
as "may", "will", "should", "expect", "plan", "anticipate",
"believe", "intend", "estimate", "predict", "potential", "continue"
or other similar expressions concerning matters that are not
historical facts. Actual results may vary from such forward-looking
information.
Contacts: Investor Relations 416-642-6000, or Toll-Free:
1-866-642-6001info@bromptongroup.com www.bromptongroup.com