Thinking - Steadyhand Investment Funds

Year-end fund distributions

Wed, 03 Dec 2025 06:01:34 PST

Year-end fund distributions

The year-end distributions for all our funds, except the Savings Fund, will be declared on Wednesday, December 17th and paid on Thursday, December 18th. The Savings Fund will pay its regularly scheduled monthly distribution on Wednesday, December 31st.

Understanding distributions

As a quick refresher, distributions are how mutual funds transfer accrued interest income, dividend income, and realized capital gains over the year to unitholders. Most investors choose to reinvest these distributions into additional fund units, though you can also opt to receive them in cash.

Impact on fund prices

It’s important to note that immediately following a distribution, the fund’s price drops by an amount equivalent to the payment. However, you will receive additional units in the fund equal in value to the amount of the distribution. The result is that the value of your investment doesn’t change, you just own more units in the fund at a lower unit price.

For example, assume you own 100 units of a fund valued at $10.00/unit (your investment is worth $1,000). If the fund pays a distribution of $0.10/unit, its price will drop to $9.90 following the distribution. However, if you follow the common practice of reinvesting your distributions, you will receive an additional 1.01 units in the fund ($10.00/$9.90), so the value of your investment remains unchanged (101.01 units x $9.90/unit = $1,000).

Estimated distributions

The estimated distributions for our funds (to be declared on December 17th) are as follows:

Income Fund: $0.17/unit (bringing the year-to-date total to $0.38/unit)
Founders Fund: $0.95/unit (bringing the year-to-date total to $1.08/unit)
Builders Fund: $0.69/unit
Equity Fund: $0.79/unit
Global Equity Fund: $0.08/unit
Small-Cap Equity Fund: $1.60/unit
Global Small-Cap Equity Fund: $1.00/unit

Please note that these are estimates only and are subject to change.

Important note for investors

If you are considering purchasing units in the funds in a non-registered (taxable) account, you may want to wait until after the distributions are declared. Fund units purchased on or after December 18th will not receive distributions.

If you have any questions about distributions, please call us at 1-888-888-3147.

The magic of the holidays (And how it mirrors investment success)

Wed, 03 Dec 2025 10:38:16 PST

The magic of the holidays (And how it mirrors investment success)

Each December, roofs shimmer with twinkly LEDs, Mariah Carey emerges from hibernation, and even the most cynical among us feels a flicker of… something. Nostalgia? Wonder? Relief that they can soon put on their out-of-office and ignore work emails? Hard to say.

We tend to think the “magic” of the holidays comes from a single cinematic moment — the perfect snowstorm, the surprise gift, that part in The Family Stone where Diane Keaton looks past Sarah Jessica Parker’s strange throat tick and finally accepts her into the fold.

But the truth (the unglamorous, vaguely anthropological truth) is something a little less Hollywood. The magic comes from repetition, ritual, and the layering of experience over time.

It’s the result of consistency: the same rituals repeated year after year.

The same ornaments pulled from the same box. The same movie watched on the same couch. The same recipe that never quite turns out the same, no matter how sternly you glare at it.

Each repetition layers memory upon memory. The first time you bake cookies with your kids, it’s fun. The tenth time, it’s tradition. The twentieth time, it’s ✨nostalgia. ✨

In short: tradition compounds.

That’s how investing works, too.

There’s no single “magical” moment when wealth appears. No perfectly timed trade. No secret handshake into your cousin’s-barber’s-nephew’s stock-picking syndicate. And probably no meme stock rocket ship ready to whisk you, GameStop-style, to instant fortune.

Wealth is built quietly, through repeated habits: saving regularly, staying invested, and resisting the urge to reinvent everything each season.

line-height: 15.6933px; font-size: 11pt; font-family: Aptos, sans-serif;">Each contribution over the years, each decision not to panic, each moment of patience — it all layers together into something meaningful (and hopefully lucrative).

Holiday magic, and success in investing, both rely on the same principle: steadiness.

Compounding doesn’t care about excitement. It rewards consistency.

Investing success is much less about finding the perfect moment and far more about not interrupting the process. Think of it as the financial equivalent of resisting the urge to open the oven every five minutes while the turkey is baking.

For a guiding principle referenced as predictably as the fruitcake that makes its annual rounds: the Rule of 72 reminds us that at roughly a 6% return, it would take about 12 years for your money to double.

Not because of cleverness or shock or spectacle. Just because time and consistency are quietly powerful.

So as the year winds down, pour the cocoa, build the snowman, and enjoy the Mariah.

Because the best holiday memories — and the best investment results — aren’t flashy. They’re faithful.

Vanessa ☃️