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In 2014, the dollar-weighted average return of our segregated equity portfolios was +7.6% net of all costs, versus +10.5% for the TSX Composite total return and +24% for the S&P500

For the third quarter of 2014, the dollar-weighted average return of our segregated equity portfolios was -0.7% (net of fees) versus -0.6% for the TSX Composite total return and +6.1% for the S&P500

For the second quarter of 2014, the dollar-weighted average return of our segregated equity portfolios was +3.2% (net of fees) versus +6.4% for the TSX Composite total return and +1.6% for the S&P500 (in $CAD).

The dollar-weighted average return of our segregated equity portfolios was +2.7% (net of fees) versus +6.1% for the TSX Composite total return (including dividends) and +5.8% for the S&P500 (in $CAD).

We are pleased to report that for 2013, the dollar-weighted average return of our segregated equity portfolios was +17.3% net of all fees (approximately +19% before fees), versus +13% for the TSX

We are pleased to report that for the 3rd quarter of 2013, the weighted average return of our segregated equity portfolios was up +4.3% net of all fees, versus +6.2% for the TSX Composite total

We are pleased to report that for the second quarter of 2013, the weighted average return of our segregated equity portfolios was down only -0.9% net of all fees, versus -4.1% for the TSX

We are happy to report that for the first quarter of 2013, the weighted average return of our equity portfolios was +6% net of all fees versus +3.3% for the TSX Composite total return

We are pleased to report that for 2012, the dollar-weighted average return of our segregated equity portfolios was +14.9% net of all fees (over 16% before fees), versus +7.2% for the TSX Composite

We are pleased to report that for the third quarter of 2012, the dollar-weighted average return of our segregated equity portfolios was +6% net of all fees, versus +7% for the TSX Composite

We are pleased to report that for the second quarter of 2012, the weighted average return of our equity portfolios was -2.7% net of all fees, versus -5.7% for the TSX Composite total return

We are pleased to report that for the first quarter of 2012, the weighted average return of our equity portfolios was +6.3% net of all fees, versus +4.4% for the TSX Composite total return