The AFINA investment products had a strong February. As mentioned in our February 10, 2015 update, energy-related stocks accounted for a 20% weighting in the AFINA Affinity Fund LP at the end of January. The energy sector rebounded sharply in February and drove the bulk of the strong performance. As a result, we took profits in Bird Construction, Atwood Oceanics and Canadian Oil Sands. Energy-related stocks accounted for approximately 11.8% of the AFINA Affinity Fund LP at the end of February, while financials had the highest sector weighting at 19.9%.
|AFINA Affinity Fund LP||7.6%||3.1%
|AFINA Optima10 Managed Account
|Investors Group North American Fund||6.3%||8.2%||12.2%|
|RBC North American Value Fund||3.7%||4.1%||12.8%|
|S&P/TSX Total Return Composite Index||4.0%||3.7%||10.6%|
|S&P 500 Index||5.8%||2.6%||13.7%|
As of February 28, 2015. All figures are net of fees and other expenses. Past performance is not indicative of future results. 2014 results for the AFINA Affinity Fund LP include performance from October 1, 2014. Refer to afinacapital.com for full details and disclosures.