printmgr file - Templeton
printmgr file - Templeton
printmgr file - Templeton
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
STATEMENT OF INVESTMENTS As at December 31, 2012<br />
Bissett Microcap Fund<br />
Average<br />
Cost<br />
Fair<br />
Value<br />
Shares<br />
(000s) (000s)<br />
LONG-TERM INVESTMENTS: 93.13%<br />
COMMON STOCKS: 93.13%<br />
Industrials: 23.93%<br />
ADF Group Inc. ..................... 1,584,500 $ 2,773 $ 1,965<br />
Calian Technologies Ltd. . . . ............ 266,700 2,148 5,555<br />
Canam Group Inc., A .................. 835,400 3,306 4,996<br />
Cervus Equipment Corp. . . . ............ 97,050 699 1,796<br />
Clarke Inc. . ........................ 507,659 2,634 2,386<br />
Contrans Group Inc., A ................. 730,400 4,184 7,194<br />
Exco Technologies Ltd. ................ 776,300 1,646 4,751<br />
Foremost Income Fund ................ 3,204 19 27<br />
INSCAPE Corp., B .................... 550,000 1,135 913<br />
Transat A.T. Inc., B ................... 1,044,500 4,925 6,069<br />
ZCL Composites Inc. .................. 1,326,200 5,462 6,697<br />
28,931 42,349<br />
Consumer Discretionary: 20.55%<br />
Automodular Corp. ................... 1,033,247 2,087 2,067<br />
Danier Leather Inc. ................... 232,212 2,415 2,833<br />
easyhome Ltd. ...................... 692,800 5,364 6,256<br />
Glacier Media Inc. ................... 3,622,100 9,565 6,302<br />
Indigo Books & Music Inc. . . ............ 638,500 7,933 6,359<br />
Le Chateau Inc., A .................... 1,858,400 10,227 6,802<br />
Mega Brands Inc. .................... 481,560 4,352 4,666<br />
Mega Brands Inc., Warrants, 3/30/15 ...... 600,000 89 84<br />
Rainmaker Entertainment Inc. . .......... 1,679,400 3,031 336<br />
Sportscene Group Inc. ................ 94,500 1,324 662<br />
46,387 36,367<br />
Energy: 18.88%<br />
AKITA Drilling Ltd., A .................. 18,100 181 190<br />
Angle Energy Inc. .................... 624,500 2,964 2,223<br />
Chinook Energy Inc. .................. 286,400 418 401<br />
Delphi Energy Corp. .................. 2,085,000 3,657 2,356<br />
Essential Energy Services Ltd. . .......... 2,645,676 2,552 5,503<br />
Horizon North Logistics Inc. ............. 999,689 1,777 6,858<br />
Logan International Inc. ................ 170,500 888 511<br />
Peyto Exploration & Development Corp. .... 104,961 1,779 2,405<br />
Rock Energy Inc. .................... 2,700,000 5,592 2,970<br />
Torc Oil & Gas Ltd. ................... 643,300 1,443 1,486<br />
Twin Butte Energy Ltd. ................ 1,228,441 3,816 3,157<br />
Wenzel Downhole Tools Ltd. ............ 1,125,325 1,687 2,048<br />
Xtreme Drilling and Coil Services Corp. ..... 2,029,900 2,382 3,309<br />
29,136 33,417<br />
Information Technology: 9.76%<br />
Aastra Technologies Ltd. . . . ............ 166,122 2,720 2,718<br />
Blackline GPS Corp. .................. 1,670,000 2,287 2,204<br />
Blackline GPS Corp., Warrants, 7/31/15 ..... 670,000 — 273<br />
Critical Control Solutions Corp. . .......... 4,318,182 2,500 864<br />
Average<br />
Cost<br />
Fair<br />
Value<br />
Shares<br />
(000s) (000s)<br />
Information Technology: 9.76% (Continued)<br />
Enghouse Systems Ltd. ........... 151,100 $ 1,189 $ 2,531<br />
Smart Technologies Inc. . . . ....... 1,551,330 2,198 2,358<br />
Softchoice Corp. ................ 540,800 4,921 6,327<br />
15,815 17,275<br />
Financials: 9.57%<br />
Equitable Group Inc. ............. 325,200 6,368 10,569<br />
Equity Financial Holdings Inc. ...... 561,300 3,467 4,468<br />
Sprott Resource Lending Corp. ..... 1,250,000 2,407 1,900<br />
12,242 16,937<br />
Materials: 5.83%<br />
Brampton Brick Ltd., A ........... 819,400 4,598 5,162<br />
Fortress Paper Ltd. .............. 279,500 4,329 2,242<br />
Norbord Inc. .................. 35,000 256 1,055<br />
Orbit Garant Drilling Inc. . . . ....... 841,100 1,732 1,851<br />
10,915 10,310<br />
Consumer Staples: 4.61%<br />
Corby Distilleries Ltd., B ........... 228,100 3,550 3,923<br />
Sun-Rype Products Ltd. . . . ....... 741,600 5,542 4,227<br />
9,092 8,150<br />
Total Common Stocks: ............ 152,518 164,805<br />
Total Long-Term Investments: ....... 152,518 164,805<br />
Principal Amount<br />
in Currency<br />
of Issue<br />
SHORT-TERM SECURITIES: 6.79%<br />
Royal Bank of Canada, Term Deposit,<br />
0.97%, 1/2/2013 .............. 12,020,000 CAD 12,020 12,020<br />
Total Short-Term Securities: ........ 12,020 12,020<br />
Transaction costs (Note 2) ........... (640) —<br />
TOTAL INVESTMENTS: 99.92% ...... $163,898 176,825<br />
OTHER ASSETS, less liabilities:<br />
0.08% ....................... 147<br />
TOTAL NET ASSETS: 100.00% ...... $176,972<br />
The accompanying notes are an integral part of these financial statements.<br />
154 Franklin <strong>Templeton</strong> Investments Funds