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| Total AUM | Avg. PM Years Experience | Years Since Inception |
|---|---|---|
| $332.1M | 25 | 33 |
| YTD | 1 Year | 3 Years | 5 Years | 7 Years | 10 Years | |
|---|---|---|---|---|---|---|
| Gross of Fees | 13.77 | 27.82 | 18.06 | 13.77 | 12.69 | 11.14 |
| Net of Fees | 13.58 | 27.35 | 17.61 | 13.30 | 12.13 | 10.52 |
| S&P/TSX Composite Dividend TR (CAD) Index | 13.70 | 32.36 | 22.71 | 15.90 | 14.72 | 12.85 |
The Strategy seeks long-term capital appreciation by investing primarily in dividend-paying or income-producing Canadian securities, including common shares, income trust units and preferred shares.
A distinctive approach to GARP:
| YTD | 1 Year | 3 Years | 5 Years | 7 Years | 10 Years | |
|---|---|---|---|---|---|---|
| Gross of Fees | 13.77 | 27.82 | 18.06 | 13.77 | 12.69 | 11.14 |
| Net of Fees | 13.58 | 27.35 | 17.61 | 13.30 | 12.13 | 10.52 |
| S&P/TSX Composite Dividend TR (CAD) Index | 13.70 | 32.36 | 22.71 | 15.90 | 14.72 | 12.85 |
| Representative Portfolio | S&P/TSX Composite Dividend TR (CAD) Index | |
|---|---|---|
| Financials | 35.35 | 40.62 |
| Energy | 14.97 | 17.74 |
| Industrials | 14.92 | 10.48 |
| Materials | 11.65 | 14.85 |
| Utilities | 10.54 | 4.06 |
| Consumer Staples | 4.31 | 3.66 |
| Communication Services | 3.78 | 1.85 |
| Information Technology | 2.05 | 1.76 |
| Real Estate | 1.43 | 1.53 |
| Consumer Discretionary | 0.00 | 3.18 |
| Health Care | 0.00 | 0.28 |
| Cash | 1.00 | 0.00 |
| Characteristics | Representative Portfolio | S&P/TSX Composite Dividend TR (CAD) Index |
|---|---|---|
| P/E Ratio (trailing 12 mos.) | 21.2 | 18.9 |
| P/E Ratio (forward 12 mos.) | 17.9 | 15.7 |
| Price/Book | 3.1 | 2.8 |
| EPS Growth Next 3-5 Years (%) | 9.1 | 9.0 |
| Weighted Median Market Cap ($ bn) | 72.4 | 87.4 |
| Weighted Average Market Cap ($ bn) | 112.1 | 121.4 |
| ROE | 14.7 | 14.6 |
| Dividend Yield | 2.7 | 2.4 |
| Turnover (trailing 12 mos.) | 18.0 | - |
| 10 Year Risk Statistics | Composite | S&P/TSX Composite Dividend TR (CAD) Index |
|---|---|---|
| Standard Deviation (%) | 11.80 | 12.43 |
| Sharpe Ratio | 0.74 | 0.88 |
| Tracking Error (%) | 2.82 | -- |
| R2 | 0.95 | -- |
| Alpha (%) | -1.37 | -- |
| Beta | 0.93 | -- |
| Characteristics | % of Total Representative Portfolio |
|---|---|
| Royal Bank of Canada | 8.70 |
| Toronto-Dominion Bank/The | 5.80 |
| Bank of Montreal | 5.22 |
| Canadian National Railway Co | 4.41 |
| Bank of Nova Scotia/The | 3.88 |
| Brookfield Infrastructure Partners LP | 3.43 |
| Wheaton Precious Metals Corp | 3.42 |
| Canadian Natural Resources Ltd | 3.12 |
| Keyera Corp | 3.11 |
| Fortis Inc/Canada | 3.00 |
| Total | 44.09 |
| Total Number of Holdings | 37 |
1 Source: FactSet. Representative portfolio characteristics, holdings, sector weightings and market cap are based on a representative portfolio and are subject to change at any time. Holdings, sector weightings, market cap and portfolio characteristics of individual client portfolios may differ, sometimes significantly, from those shown. This information does not constitute, and should not be construed as, investment advice or recommendations with respect to the securities and sectors listed. Statistics shown are net of fees.
2 Past performance is no guarantee of future results. See GIPS endnotes. Performance is preliminary and subject to change.
3 There is no guarantee that the Strategy's objective will be met.
P/E ratios are weighted harmonic average. Price/Book is weighted average.
* Data (excluding AUM and Market Cap) in GBP.
Performance source: Internal. Benchmark source: Standard & Poor's.
ClearBridge Investments, LLC claims compliance with the Global Investment Performance Standards (GIPS®) and has prepared and presented this report in compliance with the GIPS standards. ClearBridge Investments, LLC ("ClearBridge") is a wholly owned indirect subsidiary of Franklin Resources, Inc. (“Franklin”). In July 2020 Legg Mason, Inc., its parent company, was purchased by Franklin. The investment advisory business now known as ClearBridge was registered in September 2005 to facilitate Legg Mason's acquisition of substantially all the equity asset management businesses known as Citigroup Asset Management. These former businesses serve as the foundation of ClearBridge and its claim of GIPS compliance for institutional accounts through predecessor firms, effective as of January 1997. In June 2008, ClearBridge combined this business with its retail business to form a single GIPS firm. As of April 1, 2013, January 1, 2016, May 1, 2020, and January 1, 2024 ClearBridge affiliates, Global Currents Investment Management, LLC, ClearBridge, LLC, ClearBridge Investments Limited (f/k/a RARE Infrastructure Limited), and Franklin Bissett Asset Management have become part of the ClearBridge GIPS firm.
The ClearBridge Canadian Dividend Composite Composite includes all fully discretionary portfolios with a minimum of CAD $1,000,000 that seek long-term capital appreciation by investing primarily in dividend paying or income producing Canadian securities, including common shares, income trust units and preferred shares. The main risks for this strategy are issuer risk, concentration risk, sector risk, foreign securities risk and equity risk. To receive a complete list and description of ClearBridge composites and/or a presentation that adheres to the GIPS standards, please contact ClearBridge Institutional Marketing.
* Data (excluding AUM/market cap in USD) in CAD.
Blended Benchmark consists of 15% FTSE Canada Universe Bond Index, 5% S&P Preferred Stock Index, 60% S&P/TSX Composite Index and 20% S&P 500 Index
