Jennifer Radman, CFA Archives | Caldwell Investment Management Ltd.

Jennifer Radman, CFA

Head of Investments & Senior Portfolio Manager

February 25, 2021

Let’s talk about Closet Indexing & the risks Investment Advisors need to think about.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

Funds Jennifer manages:
Caldwell North American Fund (formerly Caldwell Balanced Fund)
Caldwell Canadian Value Momentum Fund
Caldwell U.S. Dividend Advantage

Jennifer Radman, CFA

Head of Investments & Senior Portfolio Manager

February 23, 2021

Let’s talk about Semis, Supply Chain Disruptions and Business Models.

Texas Instruments Inc. – actual investment, first purchased 6/30/2020.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

It should not be assumed that investments in the securities identified were or will be profitable, nor should they be considered as investment advice applicable to any specific circumstances and thus should not be construed as investment advice nor an offer or solicitation to purchase or sell securities.

Funds Jennifer manages:
Caldwell North American Fund (formerly Caldwell Balanced Fund)
Caldwell Canadian Value Momentum Fund
Caldwell U.S. Dividend Advantage

Jennifer Radman, CFA

Head of Investments & Senior Portfolio Manager

February 18, 2021

Let’s talk about Constellation Software, Hurdle Rates, and “Who Moved my Cheese?”.

Constellation Software – Former Investment, sold: 10/27/2020.

The CVM was not a reporting issuer offering its securities privately from August 8, 2011 until July 20, 2017, at which time it became a reporting issuer and subject to additional regulatory requirements and expenses associated therewith.

The information contained herein provides general information about the Fund at a point in time. Investors are strongly encouraged to consult with a financial advisor and review the Simplified Prospectus and Fund Facts documents carefully prior to making investment decisions about the Fund. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds are not guaranteed; their values change frequently and past performance may not be repeated.

Funds Jennifer manages:
Caldwell North American Fund (formerly Caldwell Balanced Fund)
Caldwell Canadian Value Momentum Fund
Caldwell U.S. Dividend Advantage

Jennifer Radman, CFA

Head of Investments & Senior Portfolio Manager

February 16, 2021

Let’s talk about TFI and catalyst drivers within Caldwell’s Value Momentum Strategy.

TFI International Inc. – Current Investment, first purchased: 1/27/2017.

The CVM was not a reporting issuer offering its securities privately from August 8, 2011 until July 20, 2017, at which time it became a reporting issuer and subject to additional regulatory requirements and expenses associated therewith.

The information contained herein provides general information about the Fund at a point in time. Investors are strongly encouraged to consult with a financial advisor and review the Simplified Prospectus and Fund Facts documents carefully prior to making investment decisions about the Fund. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds are not guaranteed; their values change frequently and past performance may not be repeated.

Funds Jennifer manages:
Caldwell North American Fund (formerly Caldwell Balanced Fund)
Caldwell Canadian Value Momentum Fund
Caldwell U.S. Dividend Advantage

Jennifer Radman, CFA

Head of Investments & Senior Portfolio Manager

February 10, 2021

Let’s talk about Corporate Culture, Hiring and Tricon.

Tricon Residential Inc. – Actual investment, first purchased 6/8/2016.

Caldwell North American Fund (formerly Caldwell Balanced Fund) merged with the Caldwell Global Financial Services Fund and changed its investment objective 06/25/2012. Refer to the Annual Information Form for more information. Effective 11/16/2020, the fund no longer allocates fixed income as part of the investment strategy. Refer to the amendment #1 to the Simplified Prospectus dated 10/13/2020.
The information contained herein provides general information about the Fund at a point in time. Investors are strongly encouraged to consult with a financial advisor and review the Simplified Prospectus and Fund Facts documents carefully prior to making investment decisions about the Fund. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Rates of returns, unless otherwise indicated, are the historical annual compounded 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 unitholder that would have reduced returns. Mutual funds are not guaranteed; their values change frequently and past performance may not be repeated.

Funds Jennifer manages:
Caldwell North American Fund (formerly Caldwell Balanced Fund)
Caldwell Canadian Value Momentum Fund
Caldwell U.S. Dividend Advantage

Jennifer Radman, CFA

Head of Investments & Senior Portfolio Manager

February 9, 2021

Let’s talk about Societies from the perspective of Capital Allocation.

Funds Jennifer manages:
Caldwell North American Fund (formerly Caldwell Balanced Fund)
Caldwell Canadian Value Momentum Fund
Caldwell U.S. Dividend Advantage

Jennifer Radman, CFA

Head of Investments & Senior Portfolio Manager

February 4, 2021

Let’s talk about ESG and the lumber producers.

Investments, first purchased: Canfor Corp. 12/3/2020, Interfor Corp. 11/13/2020, West Fraser Timber Co. Ltd. 11/3/2020.

The CVM was not a reporting issuer offering its securities privately from August 8, 2011 until July 20, 2017, at which time it became a reporting issuer and subject to additional regulatory requirements and expenses associated therewith.

The information contained herein provides general information about the Fund at a point in time. Investors are strongly encouraged to consult with a financial advisor and review the Simplified Prospectus and Fund Facts documents carefully prior to making investment decisions about the Fund. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds are not guaranteed; their values change frequently and past performance may not be repeated.

Funds Jennifer manages:
Caldwell North American Fund (formerly Caldwell Balanced Fund)
Caldwell Canadian Value Momentum Fund
Caldwell U.S. Dividend Advantage

Jennifer Radman, CFA

Head of Investments & Senior Portfolio Manager

February 2, 2021

Let’s talk about Alternative Data, the Momentum factor, and Couche-Tard.

Alimentation Couche-Tard Inc. – Former Investment, sold: 12/4/2020.

The CVM was not a reporting issuer offering its securities privately from August 8, 2011 until July 20, 2017, at which time it became a reporting issuer and subject to additional regulatory requirements and expenses associated therewith.

The information contained herein provides general information about the Fund at a point in time. Investors are strongly encouraged to consult with a financial advisor and review the Simplified Prospectus and Fund Facts documents carefully prior to making investment decisions about the Fund. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds are not guaranteed; their values change frequently and past performance may not be repeated.

Funds Jennifer manages:
Caldwell North American Fund (formerly Caldwell Balanced Fund)
Caldwell Canadian Value Momentum Fund
Caldwell U.S. Dividend Advantage

Jennifer Radman, CFA

Head of Investments & Senior Portfolio Manager

January 28, 2021

Let’s talk about Karora Resources – this is top holding in the Caldwell Canadian Value Momentum Fund.

Karora Resources – Actual Investment, first purchased: 12/3/2020.

The CVM was not a reporting issuer offering its securities privately from August 8, 2011 until July 20, 2017, at which time it became a reporting issuer and subject to additional regulatory requirements and expenses associated therewith.

The information contained herein provides general information about the Fund at a point in time. Investors are strongly encouraged to consult with a financial advisor and review the Simplified Prospectus and Fund Facts documents carefully prior to making investment decisions about the Fund. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds are not guaranteed; their values change frequently and past performance may not be repeated.

Funds Jennifer manages:
Caldwell North American Fund (formerly Caldwell Balanced Fund)
Caldwell Canadian Value Momentum Fund
Caldwell U.S. Dividend Advantage

Jennifer Radman, CFA

Head of Investments & Senior Portfolio Manager

January 26, 2021

Let’s talk about mindset. You’re a big believer in developing mental muscle – give us an example of what that looks like to you and your team.

Funds Jennifer manages:
Caldwell North American Fund (formerly Caldwell Balanced Fund)
Caldwell Canadian Value Momentum Fund
Caldwell U.S. Dividend Advantage

Jennifer Radman, CFA

Head of Investments & Senior Portfolio Manager

January 21, 2021

Let’s talk about the strong performance of lenders recently and kicking the can down the road.

Funds Jennifer manages:
Caldwell North American Fund (formerly Caldwell Balanced Fund)
Caldwell Canadian Value Momentum Fund
Caldwell U.S. Dividend Advantage

Jennifer Radman, CFA

Head of Investments & Senior Portfolio Manager

January 19, 2021

Let’s talk about renewable energy. You heard some interesting comments at a recent conference.

Xebec Adsorption – Actual Investment, first purchased: XBC 6/10/2020.
Northland Power – Former Investment, sold: NPI 11/11/2020.
The CVM was not a reporting issuer offering its securities privately from August 8, 2011 until July 20, 2017, at which time it became a reporting issuer and subject to additional regulatory requirements and expenses associated therewith.
The information contained herein provides general information about the Fund at a point in time. Investors are strongly encouraged to consult with a financial advisor and review the Simplified Prospectus and Fund Facts documents carefully prior to making investment decisions about the Fund. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds are not guaranteed; their values change frequently and past performance may not be repeated.

Funds Jennifer manages:
Caldwell North American Fund (formerly Caldwell Balanced Fund)
Caldwell Canadian Value Momentum Fund
Caldwell U.S. Dividend Advantage