Company Profile
Canoe Financial is an investment management firm focused on building financial wealth for Canadians through investing in Canada. Its ‘GO CANADA!’ investment thesis reflects Canoe’s strategic confidence in Canada as a place to invest. With continued global urbanization, increasing worldwide demand for resources, and Canada’s sound fiscal structure, Canoe believes this country provides long-term growth potential for investors.
Canoe is one of Canada’s fastest-growing investment fund companies and currently manages approximately $1.8 billion in assets through its investment products.
Canoe manages the following investment funds:
Mutual Funds
Canoe Canadian Money Market Class aims to provide interest income by investing in high quality, short-term fixed-income securities.The Fund seeks to achieve a high level of current income while seeking to protect capital and to maintain liquidity.
Canoe Bond Advantage Fund aims to provide long-term stable growth and income by investing primarily in Canadian investment grade fixed-income securities, with a focus on corporate bonds.
Canoe Bond Advantage Class aims to provide long-term stable growth and income by investing primarily in Canadian investment grade fixed-income securities, with a focus on corporate bonds. The Fund may enter into forward contracts to hedge exposure to interest income.
Canoe Enhanced Income Fund aims to provide income, with potential for capital growth, by investing primarily in Canadian fixed-income and equity securities.
Canoe Enhanced Income Class aims to provide income, with potential for capital growth, by investing primarily in Canadian fixed-income and equity securities. The Fund may enter into forward contracts to hedge exposure to interest income.
Canoe Strategic High Yield Class aims to generate a high level of current income by investing primarily in high-yield debt securities. The Fund may enter into forward contracts to hedge exposure to equities.
Canoe Strategic High Yield Fund aims to generate a high level of current income by investing primarily in high-yield debt securities.
Canoe Canadian Monthly Income Class aims to provide consistent, tax-preferred monthly income and capital growth by investing primarily in a mix of Canadian equity and fixed-income securities, U.S. investment grade, corporate and high-yield fixed income securities, preferred stocks and convertible securities or other non-Canadian securities.
Canoe Canadian Asset Allocation Class aims to provide long-term growth and capital preservation using a balanced investment approach by investing primarily in a mix of Canadian equity and fixed-income securities, and money market instruments. The Fund may also invest in gold, gold certificates, silver certificates and certain gold/silver ETFs.
Canoe North American Monthly Income Class aims to generate income and long-term capital growth by investing primarily in high-yielding equity securities and corporate bonds of North American issuers.
Canoe Equity Income Class aims to provide a steady flow of income and capital growth through diversified investments primarily in Canadian equity and fixed-income securities.
Canoe Energy Income Class aims to provide dividend income and long-term capital growth by investing in energy equity and fixed-income securities. The Fund invests primarily in companies involved in pipelines, power and the exploration, development, production or supply of oil and natural gas, and in companies which service these industries.
Canoe Canadian Equity Class aims to provide long-term capital growth by investing primarily in Canadian equity securities. The Fund may also invest in gold,gold certificates, silver certificates and certain gold/silver ETFs.
Canoe Canadian Energy Class aims to provide long-term capital growth by investing in securities related to the energy sector. The Fund invests primarily in companies that are involved in the exploration, development or production of oil and natural gas in Canada and abroad and in companies which service those industries.
Canoe Capital Appreciation Class aims to provide long-term capital growth by investing primarily in equity securities of Canadian small and medium capitalization companies.
EnerVest Natural Resource Fund Ltd. is an actively managed diversified portfolio designed to provide long-term capital appreciation by investing in securities of companies involved in exploration, development and production within the energy sector as well as companies that service these industries.
Closed-End Funds
EnerVest Diversified Income Trust (TSX: EIT.UN) is one of Canada's largest, most liquid, diversified closed-end investment funds. The Fund is an actively managed, high-yielding diversified portfolio of income-generating and capital growth oriented securities, listed primarily on the TSX, designed to maximize distributions and Net Asset Value for the benefit of its unitholders.
EnerVest Energy and Oil Sands Total Return Trust (TSX: EOS.UN) is an actively managed, diversified closed-end trust investing in developers and miners of the oil sands, businesses that are indirectly involved with the oil sands through the provision of supplies and services, and oil and gas businesses.
Flow-Through Funds
Canoe Flow-Through Limited Partnerships are designed to provide a tax-assisted investment in a diversified portfolio of resource companies involved in oil and gas or mineral exploration and development. The Canoe Flow-Through Limited Partnerships are established to provide a 100% deductible investment in the year it is purchased along with the potential for capital appreciation.