Capital Group Funds (Canada)
Canadian Focused Equity
Series F
Portfolio data as of February 29, 2024 (updated monthly)
Investment Objective
Long-term growth of capital and income through investments primarily in equity or equity-type securities with an emphasis on Canadian issuers.
Fund Description
A focus on sustainable and growing dividends
Emphasis on Canadian stocks, with flexibility to invest globally.
Returns
Growth of $10,000 since inception (Series F)
Returns include reinvestment of all distributions and do not reflect the effect of a sales charge. Past returns are not predictive of future returns.
Returns (%) Series F
1 month 2.82
YTD 4.71
1 year* 14.17
3 years* 11.36
5 years* 11.17
10 years* 9.05
15 years* 10.20
Lifetime* 7.05
Lifetime (cumulative) 238.63
2023 11.98
2022 -0.24
2021 24.41
2020 4.79
2019 21.61
*Annualized compound returns.
Portfolio information
Fund assets ($mil) combined series $150.0
Dividend yield1 2.92%
Companies / issuers   77
Income distributions paid   December
Capital gains paid   December
Portfolio turnover (2022)   28%
Trading expense ratio2   0.02%
Weighted average market cap ($bil):
Portfolio $132.6
Benchmark3 $48.5
Top 10 holdings as a % of:
Portfolio 32.0%
Benchmark3 7.3%
Sector diversification
Financials 21.5%
Energy 18.3%
Industrials 14.1%
Information technology 9.8%
Materials 7.8%
Consumer discretionary 7.1%
Consumer staples 4.5%
Communication services 2.9%
Health care 2.9%
Utilities 1.9%
Real estate 0.5%
Cash and cash equivalents
  & other assets less liabilities
8.7%
Total portfolio 100.0%
Portfolio characteristics
  Series F
FundSERV CIF 829
MER4 0.85%
Fund inception Mar 31, 2006
Minimum initial investment $500
Portfolio managers
Years with Capital / Years in profession
Jeremy Burge 22 / 42
Anirudh Samsi 19 / 28
Jason B. Smith 18 / 28
Top 10 holdings
Canadian Natural Resources 4.9%
Tourmaline Oil 4.0%
Restaurant Brands International 3.9%
Broadcom 3.2%
BAE Systems 3.0%
Fairfax Financial Holdings 2.9%
Imperial Oil 2.8%
Brookfield Asset Management 2.6%
TSMC 2.4%
Labrador Iron Ore Royalty 2.3%
Total top 10 holdings 32.0%
Geographic diversification
Canada 61.1%
United States 15.7%
Europe ex-UK 7.7%
Emerging Markets 3.1%
United Kingdom 3.0%
Pacific Basin ex-Japan 0.7%
Cash and cash equivalents
  & other assets less liabilities
8.7%
Total portfolio 100.0%
1 Income generated by portfolio securities, before expenses; does not reflect unitholder distributions.
2 As of June 30, 2023.
3 S&P/TSX Composite Index.
4
Capital Group, at its discretion, currently waives some of its management fees or absorbs some expenses of certain Capital Group funds. Such waivers and absorptions may be terminated at any time, but can be expected to continue for certain portfolios until such time as such funds are of sufficient size to reasonably absorb all management fees and expenses incurred in their operations.
The management expense ratios for the portfolios are based on unaudited total expenses for the six-month period ended June 30, 2023 and are expressed as an annualized percentage of daily average net assets during the period. Actual MERs may vary. The following lists the management expense ratios for Capital Group Canadian Focused Equity Fund (Canada) before waivers or absorptions for the six-month period ended June 30, 2023: Series A, 1.97%; Series D, 1.20%; Series F, 0.85%; Series I, 0.14%.
Updated on a monthly basis.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all dividends and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. Mutual funds are not guaranteed, their value changes frequently and past performance may not be repeated.
Jeremy Burge
Years at Capital: 22
Years in profession: 42
Based in Toronto
Jeremy Burge is an equity portfolio manager at Capital Group. He is chair of Capital International Asset Management (Canada), Inc., part of Capital Group. Earlier in his career at Capital as an analyst, he covered Canadian telecom and European professional publishers, North American & European asset management and exchanges and North American e-brokers and thrifts; he also covered Canadian equities as a generalist. Before joining Capital, Jeremy worked at Toronto-Dominion Bank, serving as managing director of institutional equities and as a telecommunications and media research analyst. He holds a bachelor’s degree with honours in economics from the University of Nottingham.
Anirudh Samsi
Years at Capital: 19
Years in profession: 28
Based in San Francisco
Anirudh Samsi is an equity portfolio manager at Capital Group. Earlier in his career at Capital, he was an equity investment analyst covering U.S. money centres, investment banks and global IT services, the U.S. insurance industry, as well as asset managers. Prior to joining Capital, Anirudh was an investment analyst for Franklin Templeton Investments. He holds an MBA from the Indian Institute of Management and a bachelor's degree in commerce from the University of Mumbai. He also holds the Chartered Accountant® and Chartered Financial Analyst® designations.
Jason B. Smith
Years at Capital: 18
Years in profession: 28
Based in New York
Jason B. Smith is an equity portfolio manager at Capital Group. As an equity investment analyst, he covers European industrials, airlines, aerospace and defence, and Australian and New Zealand industrials companies. Prior to joining Capital, Jason was a director and senior analyst for Citigroup Investment Research. He holds a bachelor’s degree in business (finance and economics) from the University of Technology, Sydney.
Capital Group funds and Capital International Asset Management (Canada), Inc., are part of Capital Group, a global investment management firm originating in Los Angeles, California in 1931. Capital Group manages equity assets through three investment groups. These groups make investment and proxy voting decisions independently. Fixed-income investment professionals provide fixed-income research and investment management across the Capital organization; however, for securities with equity characteristics, they act solely on behalf of one of the three equity investment groups.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
Distributions
    Series F
2023 Income $0.471
  Capital gains
  Total $0.471
2022 Income $0.517
  Capital gains
  Total $0.517
2021 Income $0.383
  Capital gains
  Total $0.383
2020 Income $0.444
  Capital gains
  Total $0.444
2019 Income $0.370
  Capital gains
  Total $0.370
Historical Prices & Distributions
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Prices for all series of Capital Group Canadian Focused Equity Fund (Canada) for the days November 20, 2007 through January 9, 2008 were restated on January 18, 2008 to correct an NAV pricing exception.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.