O'Leary Canadian Dividend Fund Celebrates 5 Years of Strong Performance and Lower Volatility

MONTREAL, April 22, 2015 /CNW Telbec/ - O'Leary Funds Management LP announced that the O'Leary Canadian Dividend Fund completed its fifth year on April 7, 2015, providing a 5-year annualized performance of 10.5% (2.8% more than the S&P/TSX), yield above 2.9%1 and lower volatility than the S&P/TSX.

"We are very proud to celebrate this milestone and the success of the fund. The O'Leary Canadian Dividend Fund is differentiated with greater focus on dividend growth, diversification across industry sectors and reduced investment risk. The fund has lower allocations to volatile resource sectors and interest rate sensitive financials, and higher allocations to both Canadian and U.S. equities in healthcare and consumer sectors. The fund also has an excellent history of investing in mid-cap and large-cap Canadian companies, based on research and security selection by our investment team" said Connor O'Brien, Chief Investment Officer of Stanton Asset Management, the portfolio advisor to the O'Leary family of funds. "We would like to thank the advisors and clients for the confidence they have placed with us."

"The fund remains differentiated from peers and the S&P/TSX Composite with an active share above 70 (70% differentiated from the index). We see this strategy continuing to drive strong risk adjusted returns for our investors," added Steve DiGregorio, Portfolio Manager – Equities of Stanton Asset Management.

"As an investor, I am very happy with the income, performance and protection of capital" added Kevin O'Leary, Chairman of O'Leary Funds. "Since inception of the fund over five years ago, although the Canadian equity market was sometimes down, the fund has been positive every calendar year, which is the kind of performance that investors really appreciate."

The O'Leary Canadian Dividend Fund is an important component of the O'Leary Conservative Income Fund, which also invests in the O'Leary Canadian Bond Yield Fund, a 2014 Lipper Funds Awards winner in the Canadian Fixed Income category2.

 

Compounded Returns (%) - SERIES A





1 YR

3 YR

5 YR

Since C/O*

10.89

12.56

10.48

10.48

*C/O = Commencement of operations (April 07, 2010), performance since inception of the fund (December 16, 2009) is 9.84%.

 

About O'Leary Funds Management LP
O'Leary Funds Management LP is a Canadian investment fund manager of mutual funds and closed-end funds striving to provide Canadian investors with reliable and strategic income solutions. Based on our value-yield investment philosophy, Canadian and global investment opportunities are identified through a disciplined investment process. Our core principles, Income, Capital Appreciation and Capital Preservation, are driven by each portfolios investment objectives. Our portfolios are diversified by sector, region and asset class. For more details about O'Leary Funds, visit www.olearyfunds.com.

About Stanton Asset Management
Stanton Asset Management (Stanton) is an independent investment management firm offering a diverse range of high income investment strategies and managing over $900 million of assets for Canadian investors.  Stanton's team is composed of experienced investment professionals supported by a strong team of professionals handling compliance, risk management, operations, legal, client servicing and finance functions. Our investment team, led by Stanton's founder and President, Connor O'Brien, has extensive experience across asset classes in Canadian and global markets including investment grade bonds, high yield bonds, floating rate debt, convertible bonds, preferred and common equities. Stanton is the portfolio advisor of the O'Leary family of funds and serves institutional and private clients through separately managed accounts and pooled funds.

Disclosures:

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 distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

This information is offered for informational purposes only and is not investment advice. Individuals should consult a financial advisor prior to implementing any financial or tax strategy.

1. Calculation based on $3.18 NAV at March 31, 2015.
2. The O'Leary Canadian Bond Yield Fund (Series A) was awarded the 2014 Lipper Fund Award in the Canadian Fixed Income Fund category for the 3-year period ending July 31, 2014 out of a total of 93 funds. The Lipper Fund Awards, granted annually, are part of the Thomson Reuters Awards for Excellence awarded by Lipper, Inc. and highlight funds that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Lipper Fund Awards are based on the Lipper Ratings for Consistent Return, which is a risk-adjusted performance measure calculated over 36, 60 and 120 month periods. The highest 20% of funds in each category are named Lipper Leaders for Consistent Return and receive a score of 5, the next 20% receive a score of 4, the middle 20% are scored 3, the next 20% are scored 2 and the lowest 20% are scored 1. The highest Lipper Leader for Consistent Return in each category wins the Lipper Fund Award. Lipper Leader ratings change monthly. For more information, see www.lipperweb.com. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper.

 

SOURCE O'Leary Funds Management LP

For further information: For media inquiries or additional information, please contact Investor Relations at info@olearyfunds.com or at 877-849-2004 or 514-849-1056.

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