Diversified Equities
Starlight Capital’s diversified equity solutions are concentrated portfolios of high-quality companies purchased when they offer us enough return for the risk we are exposed to.
High-quality companies are industry leaders that generate high returns on capital with low debt.
What are diversified equity funds?
Diversified equity funds are portfolios designed to invest across a range of market sectors, assets, and/or geographical regions, irrespective of their size or whether they are large-, mid-, or small-caps. With a comprehensive range of holdings, these funds help safeguard your investments against localized market or sector fluctuations.
The primary aim of diversified equity funds is to achieve long-term capital appreciation through equity investments. Any equity mutual fund with such a broad investment scope can be termed a diversified equity fund. While index funds share a similar approach, Starlight Capital’s diversified equity solutions are actively managed concentrated portfolios with high active share.
The primary aim of diversified equity funds is to achieve long-term capital appreciation through equity investments. Any equity mutual fund with such a broad investment scope can be termed a diversified equity fund. While index funds share a similar approach, Starlight Capital’s diversified equity solutions are actively managed concentrated portfolios with high active share.
Diversified Equities:
Starlight Capital Advantage
Starlight Capital Advantage
- Concentrated portfolio
- Sectors not available in Canada
- Mid-cap exposure
- Benchmark agnostic
- High active share
Diversified Equities Expertise
Managing any diversified equities portfolio requires expertise and experience—a lot of it. At Starlight Capital, we have over two decades of active diversified equities portfolio management experience. Our unwavering commitment to delivering strong risk adjusted long-term performance has carved an award-winning track record that stands as a testament to our expertise.
Featured Funds
Discover how the Starlight Capital diversified equity mutual funds can help your clients meet their investment goals.
CATEGORY
Dividend
Starlight Dividend Growth Class
Seeks sustainable dividend growth of 10%+ from high-quality North American companies that can outperform in a variety of economic environments
AWARDS
2021 Lipper Fund Award Winner1
2020 Lipper Fund Award Winner2
2020 Lipper Fund Award Winner2
CATEGORY
Growth
Starlight North American Equity Fund
Seeks reliable and repeatable growth from high-quality North American companies that can outperform in a variety of economic environments
AWARDS
2025 FundGradeA+® Award3
2022 Lipper Fund Award Winner4
2020 Lipper Fund Award Winner5
2022 Lipper Fund Award Winner4
2020 Lipper Fund Award Winner5
Starlight Global Growth Fund
Seeks reliable and repeatable growth from high-quality global companies that can outperform in a variety of economic environments
Portfolio Managers & Diversified Equities Team / Resources
Starlight Capital’s strength comes from our portfolio managers and the expertise and experience that they provide.
Dennis Mitchell
Chief Executive Officer and Chief Investment Officer
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Dennis Mitchell
Chief Executive Officer and Chief Investment Officer
Dennis Mitchell joined Starlight Capital in March 2018 as Chief Executive Officer and Chief Investment Officer. He has over 25 years of experience in the investment industry and has held executive positions with Sprott Asset Management, serving as Senior Vice-President and Senior Portfolio Manager, and Sentry Investments, serving as Executive Vice-President and Chief Investment Officer.
Mr. Mitchell received the Brendan Wood International Canadian TopGun Award in 2009, 2010, and 2011 and the Brendan Wood International 2012 Canadian TopGun Team Leader Award. He also received the Afroglobal Television Excellence Award for Enterprise in 2020 and the Black Business and Professionals Association’s Harry Jerome President’s Award in 2021.
Mr. Mitchell holds the Chartered Financial Analyst and Chartered Business Valuator designations and earned a Master of Business Administration from the Schulich School of Business at York University in 2002 and an Honors Bachelor of Business Administration degree from Wilfrid Laurier University in 1998.
Mr. Mitchell currently sits on the Board of the Toronto Foundation and is Co-Founder and Director of the Black Opportunity Fund.
SUPPORTED BY A TEAM OF EQUITY ANALYSTS
SUBADVISORS
Starlight Global Growth Fund is sub-advised by Rathbones Group Plc.
James Thomson
Portfolio Manager
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James Thomson
Portfolio Manager
Managed Funds: Starlight Global Growth Fund
James Thomson has been lead manager of the Rathbone Global Opportunities Fund for the past 20 years and it is one of the top performing funds in the IA Global sector.
James is a member of the Executive Committee of Rathbones Asset Management. He joined Rathbones in 2000, having grown up on the island of Bermuda and graduating from Cornell University in New York. He holds the Investment Management Certificate and is a Fellow of the Securities Institute.
Sammy Dow
Portfolio Manager
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Sammy Dow
Portfolio Manager
Managed Funds: Starlight Global Growth Fund
Sammy is a fund manager and works exclusively with James on the management of the Rathbone Global Opportunities Fund. He joined Rathbones in 2014 from JPMorgan Cazenove, where he worked for 14 years in Pan-European Equity Sales providing advice to James as well as other institutional clients, hedge funds and private clients. Sammy is a graduate of both Edinburgh and Cambridge University where he completed an MA in 2001.
Insights
Portfolio managers from Starlight Capital Diversified Equities team offer views and insights on current market and strategies, and news about opportunities they see today.
Speak to your advisor
For more information on Starlight Capital Diversified Equity Mutual Funds, contact your financial advisor.
Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Please read the prospectus before investing. Investors should consult with their advisors prior to investing.
This material is for informational and educational purposes only. The information contained herein is not an offer to sell nor a solicitation to buy any security. Such an offer can only be made by prospectus or other applicable offering document.
There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in these documents.
Starlight Investments, Starlight Capital and all other related Starlight logos are trademarks of Starlight Group Property Holdings Inc.
1,2,4,5Refinitiv Lipper Fund Awards:
Refinitiv Lipper Fund Awards Canada 2020 Winner, Starlight Dividend Growth Class (Series A), Best Canadian Dividend & Income Equity Fund Over 3 Years.
Refinitiv Lipper Fund Awards Canada 2021 Winner, Starlight Dividend Growth Class (Series F), Best Canadian Dividend & Income Equity Fund Over 5 Years.
Refinitiv Lipper Fund Awards Canada 2020 Winner, Starlight North American Equity Fund (Series A), Best North American Equity Fund Over 3 Years.
Refinitiv Lipper Fund Awards Canada 2022 Winner, Starlight North American Equity Fund (Series F), Best North American Equity Fund Over 10 Years.
Starlight Dividend Growth Class (Series A) was awarded the 2020 Refinitiv Lipper Fund Awards Canada in the Canadian Dividend & Income Equity Fund category for: three years ending 7/31/2020, out of a classification total of 64 funds. Performance for the Fund for the period ending 7/31/2020 is as follows: 5.2% (1 year), 6.8% (3 year), 4.9% (5 year), 7.1% (10 year) and 8.4% annualized return since inception (10/1/2002). The corresponding Lipper Leader ratings for the same period are as follows: 5 (3 years), 5 (5 years), 4 (10 years).
Starlight Dividend Growth Class (Series F) was awarded the 2021 Refinitiv Lipper Fund Awards Canada in the Canadian Dividend & Income Equity Fund category for: five years ending 7/30/2021, out of a classification total of 59 funds. Performance for the Fund for the period ending 7/30/2021 is as follows: 27.3% (1 year), 12.3% (3 year), 11.2% (5 year), 9.8% (10 year) and 10.3% annualized return since inception (8/1/2003). The corresponding Lipper Leader ratings of the fund for the same period are as follows: 5 (3 years), 5 (5 years), 5 (10 years).
Starlight North American Equity Fund (Series A) was awarded the 2020 Refinitiv Lipper Fund Awards Canada in the North American Equity Fund category for: three years ending 7/31/2020, out of a classification total of 17 funds. Performance for the Fund for the period ending 7/31/2020 is as follows: 19.5% (1 year), 14.3 % (3 year), 5.1% (5 year), 9.1% (10 year) and 6.6% annualized return since inception (11/1/1995). The corresponding Lipper Leader ratings of the fund for the same period are as follows: 4 (3 years), 3 (5 years), 4 (10 years).
Starlight North American Equity Fund (Series F) was awarded the 2022 Refinitiv Lipper Fund Awards Canada in the North American Equity Fund category for: ten years ending 7/29/2022, out of a classification total of 10 funds. Performance for the Fund for the period ending 7/29/2022 is as follows: -4.9% (1 year), 11.9% (3 year), 12.3% (5 year), 11.4% (10 year) and 7.3% annualized return since inception (10/1/2001). The corresponding Lipper Leader ratings of the fund for the same period are as follows: 5 (3 years), 4 (5 years), 5 (10 years).
©2025 Refinitiv. All rights reserved. Used under license. The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.
3 FundGradeA+® Award:
This material is for informational and educational purposes only. The information contained herein is not an offer to sell nor a solicitation to buy any security. Such an offer can only be made by prospectus or other applicable offering document.
There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in these documents.
Starlight Investments, Starlight Capital and all other related Starlight logos are trademarks of Starlight Group Property Holdings Inc.
1,2,4,5Refinitiv Lipper Fund Awards:
Refinitiv Lipper Fund Awards Canada 2020 Winner, Starlight Dividend Growth Class (Series A), Best Canadian Dividend & Income Equity Fund Over 3 Years.
Refinitiv Lipper Fund Awards Canada 2021 Winner, Starlight Dividend Growth Class (Series F), Best Canadian Dividend & Income Equity Fund Over 5 Years.
Refinitiv Lipper Fund Awards Canada 2020 Winner, Starlight North American Equity Fund (Series A), Best North American Equity Fund Over 3 Years.
Refinitiv Lipper Fund Awards Canada 2022 Winner, Starlight North American Equity Fund (Series F), Best North American Equity Fund Over 10 Years.
Starlight Dividend Growth Class (Series A) was awarded the 2020 Refinitiv Lipper Fund Awards Canada in the Canadian Dividend & Income Equity Fund category for: three years ending 7/31/2020, out of a classification total of 64 funds. Performance for the Fund for the period ending 7/31/2020 is as follows: 5.2% (1 year), 6.8% (3 year), 4.9% (5 year), 7.1% (10 year) and 8.4% annualized return since inception (10/1/2002). The corresponding Lipper Leader ratings for the same period are as follows: 5 (3 years), 5 (5 years), 4 (10 years).
Starlight Dividend Growth Class (Series F) was awarded the 2021 Refinitiv Lipper Fund Awards Canada in the Canadian Dividend & Income Equity Fund category for: five years ending 7/30/2021, out of a classification total of 59 funds. Performance for the Fund for the period ending 7/30/2021 is as follows: 27.3% (1 year), 12.3% (3 year), 11.2% (5 year), 9.8% (10 year) and 10.3% annualized return since inception (8/1/2003). The corresponding Lipper Leader ratings of the fund for the same period are as follows: 5 (3 years), 5 (5 years), 5 (10 years).
Starlight North American Equity Fund (Series A) was awarded the 2020 Refinitiv Lipper Fund Awards Canada in the North American Equity Fund category for: three years ending 7/31/2020, out of a classification total of 17 funds. Performance for the Fund for the period ending 7/31/2020 is as follows: 19.5% (1 year), 14.3 % (3 year), 5.1% (5 year), 9.1% (10 year) and 6.6% annualized return since inception (11/1/1995). The corresponding Lipper Leader ratings of the fund for the same period are as follows: 4 (3 years), 3 (5 years), 4 (10 years).
Starlight North American Equity Fund (Series F) was awarded the 2022 Refinitiv Lipper Fund Awards Canada in the North American Equity Fund category for: ten years ending 7/29/2022, out of a classification total of 10 funds. Performance for the Fund for the period ending 7/29/2022 is as follows: -4.9% (1 year), 11.9% (3 year), 12.3% (5 year), 11.4% (10 year) and 7.3% annualized return since inception (10/1/2001). The corresponding Lipper Leader ratings of the fund for the same period are as follows: 5 (3 years), 4 (5 years), 5 (10 years).
©2025 Refinitiv. All rights reserved. Used under license. The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.
3 FundGradeA+® Award:
Starlight North American Equity Fund was awarded the 2025 FundGrade A+® Award in the North American Equity category for the 10-year period from 12/31/2015 to 12/31/2025 out of 34 funds.
FundGrade A+® is used with permission from Fundata Canada Inc., all rights reserved. The annual FundGrade A+® Awards are presented by Fundata Canada Inc. to recognize the “best of the best” among Canadian investment funds. The FundGrade A+® calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio, and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then weighted equally in calculating a monthly FundGrade. The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+® uses a GPA-style calculation, where each monthly FundGrade from “A” to “E” receives a score from 4 to 0, respectively. A fund’s average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+® Award. For more information, see www.FundGradeAwards.com. Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata.
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