N.A.V. holding As of January 3 the posted N.A.V. of CGQ.e was $4.46. This just 1¢ below last month and 10¢ above November. I am still slowly unloading and hope to be completely out this month or sooner. I love the dividend but can't afford the capital losses if this stock suddenly trades below $5.00. The portfolio is strong IMHO but the odds that this fund will gain 35+% before the termination date to current trading $6.00+ is highly unlikely.
| TOP HOLDINGS - as at December 31, 2012 |
| Loblaw Companies Ltd. | | Toronto-Dominion Bank | | Goldman Sachs Group Inc. | | Telus Corporation | | Telus Corporation Non-Voting | | American Express Company | | BCE Inc. | | Bank of Nova Scotia | | Royal Bank of Canada | | Shoppers Drug Mart Inc. | |