Hello all...
So I am ready to start aiming a sector fund. I have chosen the AIM RRSP discovery fund, it has lots of volatility, as can see below...
So when do I start aiming? At 2.72 its well off its 52 week low of 2.18, but is also still down quite a bit from its high of 3.77.
So my question is should I jump in now, using the idiot wave as my guide, or should I wait for a lower idiot wave, indicating a short term market low?
It seems to me the initial purchase price is very important, too high and the initial purchase will drag results down for a long time.
Thanks
todd
Trimark RSP Discovery
Other funds managed by AIM Funds Management Inc.
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Quick Stats Help
NAVPS (Mar 12,2002) $2.73
Daily Change -$0.05
YTD Return % (Feb 28,2002) -16.19
Morningstar Rating Fund Not Rated
Net Assets ($mil) 169.17
MER % 2.90
IFSC Category Science and Technology All funds in the category
How Has This Fund Performed? Help
Growth of $10,000
Fund: Trimark RSP Discovery
Index: Salomon World Equity Index
Category: Science and Technology
Calendar Returns
1999 2000 2001 YTD
Fund --- -34.0 -27.2 -16.2
Index 17.3 -4.8 -9.8 -3.3
Cat. 99.7 -33.6 -35.8 ---
Data through 28 Feb 2002
Trailing Returns
1 Year ROR (%)
Best Period 22.1
Worst Period -66.3
Median Period -42.0
Total Period 17
Data through 28 Feb 2002
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Objective Help
The Fund's investment objective is to provide long-term capital growth that is linked to the returns of the Trimark Discovery Fund by using forward contracts or other derivatives and by investing its cash cover primarily in bank deposits and money market instruments. The Fund remains 100% RRSP eligible through its use of derivatives. AIM is not permitted by law to change the fundamental investment objective of any Fund without getting approval from the majority of unitholders of the Fund. For more information about restrictions on investment objectives, policies and practices, see the Annual Information Form.
Asset Weights Help
Category % of Fund
Cash 0.2
US Equity 10.0
Int'l Equity 1.6
Preferred 0.2
Index Futures 88.0
Warrants 0.0
Data As At 31 Dec 2001 View investment style details
Geographic Weights Help
Category % of Fund
Canadian 88.3
US 10.1
UK 0.1
Germany 0.8
Other Europe 0.6
Japan 0.2
Data As At 31 Dec 2001 View investment style details
Top 10 Holdings Help
Name of Holding Issue % of Net Assets
Trimark Funds Discovery Fwd 88.0
AVX Corp Common 0.6
Intuit Common 0.4
Abgenix Inc Cp Common 0.4
Minnesota Mng & Mfg Common 0.4
USA Networks Inc Common 0.4
Peoplesoft Inc Common 0.4
Millennium Pharma Common 0.4
Kla-Tencor Common 0.4
Nobel Biocare Sek12.50 0.4
Data As At 31 Dec 2001 View investment style details
Contact Help
Address 5140 Yonge Street
Suite 900
Toronto, ON, M2N 6X7, Canada
Phone 416-590-9855
Toll Free 800-874-6275
Fax 416-590-7742
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