Qwest Funds Corp. -
Qwest Inflation-Deflation Trend Allocation Class
Qwest Funds Corp. (the "Fund") is a mutual fund corporation which offers Series A and Series F share of Qwest Inflation-Deflation Trend Allocation Class, a class of special shares of the Corporation.
Our Investment Philosophy
We believe that equity markets are currently in the middle of a long sideways, or range-bound, market phase. We believe this sideways market commenced in 2000 and will persist until the end of this decade. Over the last 100 years bull and sideways market phases have repeated themselves on many occasions. The last completed sideways market phase occurred from 1966 to 1982.Click here to for a complete overview of past sideways markets
Our Investment Process
We use a trend following model to get signals of a trend change in commodity and equity prices. During an asset inflation signal, we expect equity prices would be in an uptrend and bond prices would be in downtrend. During an asset deflation trend, we expect bond prices would be in an uptrend and equity prices would be in a downtrend. Our trend model signals act as a "trigger" to adjust asset class exposure in a portfolio. Our aim is not to forecast or predict specific price levels, but rather, know when to adjust asset classes based the emerging trend.Our Performance Benchmark
Our objective is to outperform a typical balanced fund (i.e. 60% equities/40% bonds) by using our trend model signals to adjust asset classes based on an emerging trend.
INVESTOR INFORMATION
- Statutory Documents
- Portfolio Management Team
- Financial Reports
- Independent Review Committee
- Distributions
Net Asset Value Per Unit May 18, 2012
About the Fund
Utilizing signals from the Trend Model, the Fund will generally allocate the portfolio into assets as follows- During an asset inflation trend, the Fund would mainly invest in inflation protected fixed-income securities or ETFs holding inflation protected fixed income securities, equity securities of companies engaged in resource extraction activities, equity securities of issuers located in emerging markets and securities of ETFs that provide the Fund with exposure to these types of securities, and derivatives or other investments that provide the Fund with exposure to gold in a manner permitted by applicable securities laws;
- During an asset neutral trend, the Fund would mainly invest in Equity securities and securities of equity-related ETFs listed on a stock exchange in Canada or the United States, largely because we believe that the economic environment is relatively benign under these circumstances; and
- During an asset deflation trend, the Fund would mainly invest in fixed income securities issued by the United States Treasury, and securities of ETFs listed on a stock exchange in Canada or the United States that provide the Fund with exposure to fixed income securities issued by the United States Treasury because default-free U.S. Dollar assets remain the safe haven of choice in a deflationary financial crisis
Portfolio Advisor
The Fund has retained Qwest Investment Fund Management Ltd. to provide investment advisory services and fund management services to the Fund. Mr. Cam Hui, Portfolio Manager, will be managing the Fund.Click here for more information on the portfolio manager.