Composition of the FlexiFonds Growth Fund

With its allocation comprised mostly of shares, the FlexiFonds Growth Fund enables you to aim for long-term investment growth.

Composition of the fund
 

Fonds share

30%

 

Fixed-income securities

15%

 

Québec shares

25%

 

Global equities

30%

Fonds shares

This fund invests in Class "C" shares of the Fonds de solidarité FTQ, which primarily reinvests in Québec companies.

Fixed income securities

This fund invests in government bonds issued in part by the Québec government, which help stimulate the economy in addition to providing a stable income.

Québec stocks

This fund invests in publicly traded Québec companies that are part of the IQ-30 index established by the Institut de recherche en économie contemporaine (IRÉC) to encourage businesses across various sectors of the local economy.

Global equities

This fund invests in securities of companies located in developed countries to allow you to diversify your assets.

Investment horizon
 
 
 
 
 
Short Medium Long

You have a medium- to long-term savings plan, such as saving during your career to enjoy your retirement.

Risk tolerance
 
 
 
 
 
Low Moderate High

You have a low to moderate risk tolerance and are willing to accept fluctuations in your savings.

Investment allocation³

(% of net asset value)

Geographic allocation

Québec70.1%
United States18.0%
Other countries11.6%
Cash and other net assets components0.2%
Canada0.1%

Asset class allocation

Equities81.6%
Bonds18.0%
Cash and other net assets components0.2%
Money market0.2%

Top 25 positions

  • % of Net Asset Value
    Province of Québec, 1.90 %, 2030-09-01 3.7
    Province of Québec, 3.60 %, 2033-09-01 3.6
    Province of Québec, 4.45 %, 2034-09-01 3.5
    Province of Québec, 3.25 %, 2032-09-01 3.3
    Province of Québec, 1.50%, 2031-09-01 2.2
  • % of Net Asset Value
    Fonds de solidarite FTQ, Class C Shares, Series 1 26.7
    iShares MSCI World Small Cap UCITS ETF 4.8
    National Bank of Canada 2.7
    Microsoft 2.2
    Royal Bank of Canada 2.2
    Canadian National Railway Company 1.9
    Dollarama 1.9
    Alimentation Couche-Tard 1.6
    Metro 1.5
    Mastercard, Class A 1.4
    Amazon.com 1.4
    Power Corporation of Canada 1.3
    CGI, Class A 1.2
    NVIDIA 1.2
    Amgen 1.2
    BCE 1.2
    Danaher 1.1
    Bank of Montreal 1.0
    Rollins 1.0
    Alphabet, Class A 1.0
  • % of Net Asset Value
    None 0.0

3 As at September 30, 2024

The FlexiFonds Growth Fund allows you to invest in securities whose assets are 70% linked to the Québec economy

Return and market value

Market value per unit1

As at December 10, 2024

$13.51

As of November 30, 20242

Annual compound returns (%)

  Year to Date 1 year 3 years 5 years 10 years Since Inception
FlexiFonds Growth 11.85% 15.89% 4.84% 5.73% N/A 6.27%

Fund's total market value: $146.7 million

Year-by-year returns3

Overview Chart of the Growth Flexifonds Fund

Overview Chart of the Growth Flexifonds Fund

When savers invest in a mutual fund, they purchase units. Revalued each trading day, the market value per unit is the value of one unit.
The management expense ratio (MER) is already deducted from the reported returns.
This chart shows how Series 1 units of the Fund performed over the past 4 years. On an annual basis, the value of the Fund decreased during one of these 4 years. The range of returns and change from year to year can help you assess how risky the Fund has been in the past. It does not tell you how the Fund will perform in the future.

Legal notice

Management fees and other expenses may be associated with mutual fund investments. Please consult your advisor and read the prospectus and the fund facts documents before making an investment. 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, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. The FlexiFonds funds are not guaranteed, their values change frequently, and past performance may not be repeated.

How much is a FlexiFonds mutual fund advisor worth?

As an investor, you may be tempted to deviate from your long-term savings objectives. You could, for instance, be seduced by attractive short-term rates or tempted to liquidate everything at the next market tremor. That's where the FlexiFonds team comes in, to help you make decisions that are in your best interest. According to a Quebec study conducted by CIRANO, using financial advice could enable you to accumulate nearly 3 times more savings than if you were to invest on your own for retirement.

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What our savers say

"The advisor was interested and interesting. She quickly created a climate of trust. I also appreciate the fact that our investments remain in Quebec."

— Mickaël, FlexiFonds saver

"I appreciated the advisor's professionalism and his attitude over the phone, where I perceived him more as a partner who wanted me to be well informed and comfortable, and not as a salesperson."

— Yves, FlexiFonds saver

Identify your investor profile

You can answer a few questions directly online to help us identify your investor profile. This step allows us to determine if a product is tailored to your reality. You can start by choosing the savings account you'd like to invest in: the RRSP, TFSA, RRIF, or investment account with FlexiFonds.

INVEST WITH FLEXIFONDS

Portofolio managers

Addenda Capital Inc.

FlexiFonds mutual funds, with the exception of global equities, are managed by Addenda Capital inc.Attention, ce lien ouvrira un nouvel onglet. a Québec company specializing in portfolio management for over 30 years. Addenda Capital Inc. is a leading investment firm and a long-time partner of the Fonds de solidarité FTQ.

Montrusco Bolton Investments Inc.

Portfolio management for global equities is provided by Montrusco Bolton Investments Inc.Attention, ce lien ouvrira un nouvel onglet. an independent asset management company with a history dating back to 1946. Based in Montreal, the investment management firm manages portfolios for institutional clients in North America, Europe and Asia.

About FlexiFonds de solidarité FTQ

Logo Flexifonds

FlexiFonds de solidarité FTQ inc., a wholly owned subsidiary of the Fonds de solidarité FTQ, is a mutual fund dealer duly registered with the Autorité des marchés financiers. FlexiFonds de solidarité inc. acts as the principal distributor of the FlexiFonds funds and does not distribute the units of any other mutual fund.

Supplemental documents about the FlexiFonds Growth Fund

Portfolio Documents

Financial Statements

Interim (Unaudited)

Annual (Audited)

Most frequently asked questions

FlexiFonds
What is a mutual fund?
A mutual fund is a pool of money collected from investors. Managed by a fund manager, the allocation of the invested amounts is determined based on the fund's objectives.
More Details : What is a mutual fund?
FlexiFonds
Can I transfer my savings to FlexiFonds from another financial institution?
Yes. You can transfer a TFSA, an RRSP or a RIFF to a FlexiFonds product by phone or directly online.
More Details : Can I transfer my savings to FlexiFonds from another financial institution?
FlexiFonds
Do I get the 30% tax credits with the FlexiFonds offering?
The 30% tax credits are only available with the Class A shares of the Fonds. No labour-sponsored fund tax credit is applicable to FlexiFonds. With  FlexiFonds products, you get the tax benefits related to the savings vehicles offered and the opportunity to easily access your savings when you need them.
More Details : Do I get the 30% tax credits with the FlexiFonds offering?
FlexiFonds
Are the Fonds' savings products guaranteed investments?
Investments are not guaranteed, whether they are investments in the Fonds' shares or in FlexiFonds mutual funds.
More Details : Are the Fonds' savings products guaranteed investments?
FlexiFonds
Who can buy FlexiFonds mutual fund units?
Whether you're a Fonds saver or not, you can buy FlexiFonds mutual fund units if you are 18 years of age or older and reside in Québec.
More Details : Who can buy FlexiFonds mutual fund units?
FlexiFonds
Which savings vehicles are available with the FlexiFonds offering?
You can currently invest in an RRSP, TFSA, RRIF and an investment account.
More Details : Which savings vehicles are available with the FlexiFonds offering?

Want to know if a product is right for you?

Give us a call!

1-833-383-2121

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  • Information
    All the information and data provided on this website are for information purposes only; they are not intended to provide advice or recommendations of a financial, legal, accounting or tax nature with respect to investments. Although they are deemed reliable, no representation or warranty, express or implied, is made as to the accuracy, quality or completeness of this information and data. The opinions expressed should not be construed as a solicitation or an offer for the subscription or sale of shares of the Fonds de solidarité FTQ or the units referred to herein and should not be viewed as a recommendation. We recommend you consult your legal advisor.

    FlexiFonds de solidarité FTQ Inc.
    The units of the FlexiFonds funds are distributed solely in Québec by FlexiFonds de solidarité FTQ inc., a mutual fund dealer wholly owned by the Fonds de solidarité FTQ. FlexiFonds de solidarité FTQ inc. does not distribute the units of any other mutual funds. Management fees and other expenses may be associated with mutual fund investments. Please consult your advisor and read the prospectus and the fund facts documents before making an investment. The units of the FlexiFonds funds are not covered by the Canada Deposit Insurance Corporation nor any other government deposit insurer. The FlexiFonds funds are not guaranteed, their values change frequently, and past performance may not be repeated.

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