An Array of Solutions to Help You Diversify

Pembroke’s range of funds allows you to diversify your investments by geography and asset type. The fund documents on this page provide detailed information about each fund. The fund performance tables demonstrate how, especially over shorter periods of time, investment performance can vary between asset classes, regions and funds. Diversification across more than one fund can lower the volatility of returns and is a an important component of most clients’ investment plans.

MUTUAL FUNDS

There are six unique GBC funds available to create an investment portfolio that works for you. Review the Performance Update and holdings review for each fund.

FundDescriptionManagerInception Date
GBC American GrowthPursues long-term growth through capital appreciation by investing in small cap US companiesPembroke Management Ltd.October 1, 1988
GBC Canadian BondPursues income and some capital growth by investing in Canadian government and corporate bonds, debentures and other instrumentsCanso Investment Counsel Ltd.November 30, 1988
GBC Canadian GrowthPursues long-term growth through capital appreciation by investing in small to mid-sized Canadian companiesPembroke Management Ltd.November 30, 1988
GBC Growth and IncomePursues long-term growth and income by investing in equities, bonds and other marketable securitiesPembroke Management Ltd.November 1, 2006
GBC International GrowthPursues long-term growth through capital appreciation by investing in small to mid-sized foreign companies located outside of the United StatesWilliam Blair Investment Management, LLCOctober 31, 1999
GBC Money MarketAims to maximize interest income while preserving capital by investing primarily in high quality, short-term Canadian government debt securitiesPembroke Management Ltd.November 30, 1988

POOLED FUNDS

Pembroke offers pooled funds to accredited investors only.

Policy, Compliance and Registration

FUNDDESCRIPTIONMANAGERINCEPTION DATE
Pembroke Canadian GrowthHigh-quality Canadian growth stocksPembroke Management Ltd.February 29, 2007
Pembroke U.S. GrowthHigh-quality American growth stocksPembroke Management Ltd.December 31, 1999
Pembroke Dividend GrowthHigh-quality, dividend-paying Canadian growth stocksPembroke Management Ltd.January 3, 2012
Pembroke Corporate BondHigh-quality Canadian and foreign Corporate bondsCanso Investment Counsel, Ltd.January 6, 2009

FUND PRICES

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FUNDLAST
PRICE
2018-12-11
PREVIOUS
PRICE
2018-12-04
LAST MONTH
END PRICE
2018-11-30
LAST QUARTER
END PRICE
2018-09-28
LAST YEAR
END PRICE
2017-12-29
LAST QUARTER
END DISTRIBUTIONS
2018-09-28
Pembroke Canadian Growth$14.3320$14.7153$14.9674$17.2515$17.4176
Pembroke U.S. Growth (CAD) $21.5002$21.8505$22.7691$24.3558$18.9691
Pembroke U.S. Growth (USD) $16.0425$16.5296$17.1183$18.8148$15.1208
Pembroke Dividend Growth $14.2429$14.6969$14.9237$16.4363$17.2444$0.122732
Pembroke Corporate Bond$12.5916$12.6204$12.6248$12.6809$12.6820$0.087890

See the complete price and distribution history.

We determine the net asset value of each fund in Canadian dollars weekly as at the close of business on each Tuesday, or, if any such Tuesday is not a business day, then on the next business day immediately succeeding it, and on the last business day of each month. The valuation date ends at the earlier of 4 p.m. Eastern Time or the end of a trading day on the Toronto Stock Exchange. Any purchase, switch, or redemption instruction received at or after the end of a valuation date will be processed on the next valuation date.

Please note that since January 31, 2018 our mutual fund prices have been published gross of Management fees. If you have any further questions or concerns please contact your Pembroke representative.

FUND PERFORMANCE

Compound Annual Growth Rates (%)

As of August 2018

FUND3 MTHYTD1 YR3 YRS5 YRS10 YRS 20 YRS
GBC American Growth (CAD)-9.82
19.3715.248.667.3212.997.11
GBC American Growth (USD)-11.4912.5811.668.802.5912.177.84
GBC Canadian Bond-0.470.42-0.031.262.404.434.55
GBC Canadian Growth-14.60-14.31-11.01-0.110.7210.437.10
GBC Growth and Income-7.06-8.59-6.525.032.829.39n/a
GBC International Growth-12.59-12.39-12.671.356.0211.324.82
FUND3 MTHYTD1 YR3 YRS5 YRS10 YRS20 YRS
Pembroke Canadian Growth-14.59-14.07-10.751.192.3312.40n/a
Pembroke U.S. Growth-90.9020.0315.9810.629.3915.30n/a
Pembroke U.S. Growth (USD)-11.5713.2112.3810.764.5714.46n/a
Pembroke Dividend Growth-9.74-11.45-8.737.984.38n/an/a
Pembroke Corporate Bond-0.301.561.764.474.76n/an/a

Annual Change (%)

FUND2017201620152014201320122011201020092008
GBC American Growth (CAD)7.970.97 3.380.8344.438.556.7524.7615.44(26.15)
GBC American Growth (USD)15.564.07(13.34)(7.55)35.1010.954.4230.8434.82(39.91)
GBC Canadian Bond1.521.052.577.060.605.76 6.607.678.344.83
GBC Canadian Growth11.177.22(2.63)2.4533.3116.89(6.51)27.8435.59(39.37)
GBC Growth and Income11.3815.22(7.45)3.3121.6216.856.1717.1720.86(25.50)
GBC International Growth24.19(8.76)32.01(0.08)33.1116.42(11.12)18.3034.13(41.70)
FUND2017201620152014201320122011201020092008
Pembroke Canadian Growth13.049.04(0.56)4.4935.3218.12(4.38)29.7342.51
Pembroke U.S. Growth (CAD)10.743.285.712.8246.5610.099.0028.7218.59(11.79)
Pembroke U.S. Growth (USD)18.526.46(11.44)(5.73)37.1012.546.6036.0237.43(28.20)
Pembroke Dividend Growth17.2223.47(9.81)3.1033.7820.45
Pembroke Corporate Bond4.097.811.208.718.7517.133.1213.1322.04

All funds are offered for sale solely to residents of Canada.
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 charges or income taxes payable by any security holder that would have reduced returns. Such funds are not guaranteed, their values change frequently, and past performance may not be repeated.
Effective January 1st, 2018, all fund performance is reported net of transaction costs and all other expenses, excluding management fees and applicable taxes. Prior to January 1st, 2018, mutual fund performance was reported net of transaction costs and all other expenses, including management fees and applicable taxes. Management fees are charged directly to securityholders based on their assets under management.

DOCUMENTS & REPORTS