The Commonwealth Patriot Trust invests in Canadian & US mid and large cap equities with fortress balance sheets, strong free cash flow, exceptional management and operational excellence.

The fund may also invest in convertible bonds and income trusts where equity research warrants such investments. The fund is defensive in nature and adheres to strict parameters on sector and position concentration, liquidity and asset mix. It also provides the manager with latitude to invest opportunistically without being confined to the rigid investment frameworks common to many mutual funds.

In general, equity investments made by the fund have a relatively low sensitivity to overall equity markets (as measured by historical beta coefficients) and the fund aims to be less correlated to major equity indices than typical equity mutual funds.

The Commonwealth PatriotTrust is managed by Portfolio Manager  Alex Davidson. Mr. Davidson has held various senior executive positions in the manufacturing and resources sectors over the past 30 years and leads extensive due diligence on new holdings. Mr. Davidson is supported by JCClark's in-house research staff.