For the third quarter of 2018, the Lester Canadian Equity Fund increased by +1.1% net of fees and expenses, versus a drop of -0.6% for the TSX Composite Total Return including dividends.
For the second quarter of 2018, the Lester Canadian Equity Fund decreased by -0.2% net of fees and expenses, versus a rise of +6.8% for the TSX Composite Total Return including dividends
We are pleased to present our 2018 first quarter results. On January 22nd, we wrote the following in our 2017 year-end letter: “Such a mix of high stock valuations, rising interest rates and increasing
We are pleased to present our fourth quarter and 2017 results. It was an exceptional year for Lester Asset Management, both in terms of transitioning seamlessly through some ownership and management
During the third quarter of 2017, the Lester Canadian Equity Fund rose +0.8% versus +3.8% for the TSX Composite Total Return. Year-to-date, we are up +6.1% versus +4.5% for the TSX
During the first quarter of 2017, the Fund rose +3% versus +2.4% for the TSX Composite Total Return. Our outperformance was due to several strong earnings announcements among our core holdings
During the third quarter of 2016, the Lester Canadian Equity Fund rose +7.9% net of all fees and expenses, versus the TSX Composite total return which was up +5.5%. While the TSX’s returns
During the second quarter of 2016, the Lester Canadian Equity Fund increased +6.4% net of all fees and expenses, versus the TSX Composite total return which was up +5.1%.
During the first quarter of 2016, the Lester Canadian Equity Fund increased +7.0% versus the TSX Composite total return which was up +4.5%. While the TSX’s rise was led by soaring gold
During the fourth quarter of 2015, the Lester Canadian Equity Fund increased by +2.1% versus the TSX which declined -1.4%. Our outperformance during the quarter was due to positive news on several
During the third quarter of 2015, the Lester Canadian Equity Fund declined by -12.4% versus -7.9% for the TSX Composite total return including dividends. Year to date, the Fund's return
During the second quarter of 2015, the Lester Canadian Equity Fund returned +2.3% (net of all fees and expenses) versus -1.6% for the TSX Composite total return including dividends.