The objective of the fund is to provide a competitive monthly income stream through relatively tax efficient distributions of dividend income, interest income and capital gains, and to provide the potential for modest capital gains. The fund invests primarily in higher yielding Canadian fixed-income securities such as corporate bonds, debentures, notes and preferred shares, and high-yielding Canadian common shares, real estate investment trusts (REITs), income trusts and similar investments.
To achieve the fund’s objectives, the portfolio manager: invests in both fixed-income and equity securities (including income trusts) with high interest income, dividends, and regular distributions; invests primarily in corporate bond securities with a minimum rating of BBB(-) or higher by DBRS Ltd. or the equivalent rating as defined by other recognized rating agencies.
| Total Returns (%) | |||
|---|---|---|---|
| Fund | Quartile | Category Rank | |
| 1 month | -0.28% | 1 | 78 / 440 |
| 3 months | -0.52% | 1 | 37 / 440 |
| 6 months | 3.31% | 1 | 14 / 440 |
| Year to Date | 1.73% | 1 | 21 / 440 |
| 1 year | 13.48% | 1 | 34 / 440 |
| 2 years | 9.37% | 1 | 73 / 422 |
| 3 years | 6.09% | 2 | 171 / 409 |
| 5 years | 9.46% | 1 | 33 / 370 |
| 10 years | 5.68% | 2 | 75 / 290 |
| Since Inception | 7.02% | - | - |
| Total Returns (%) | |||
|---|---|---|---|
| Fund | Quartile | Category Rank | |
| 2024 | 13.61% | 2 | 136 / 434 |
| 2023 | 7.70% | 3 | 306 / 420 |
| 2022 | -3.93% | 1 | 4 / 400 |
| 2021 | 15.76% | 1 | 87 / 381 |
| 2020 | 2.79% | 4 | 309 / 366 |
| 2019 | 14.08% | 2 | 120 / 357 |
| 2018 | -4.76% | 3 | 227 / 347 |
| 2017 | 5.43% | 3 | 221 / 336 |
| 2016 | 14.49% | 1 | 32 / 323 |
| 2015 | -4.35% | 4 | - |
| Return(%) | Month | |
|---|---|---|
| Best | 7.13% | Nov, 2020 |
| Worst | -5.62% | Jun, 2022 |
| Equity - Canada | 53.76% |
| Bonds - Domestic | 41.82% |
| Income Unit Trust | 2.99% |
| Cash & Equivalent | 1.29% |
| Equity - United States | 0.11% |
| Others allocations | 0.04% |
| Fixed Income | 41.81% |
| Financial Services | 21.85% |
| Energy | 12.08% |
| Industrial Services | 5.27% |
| Basic Material | 5.00% |
| Others allocations | 13.98% |
| Canada | 99.16% |
| Bermuda | 0.72% |
| United States | 0.12% |
Ticker Chg 0.01% Current $243.07 AUM $56.04M |
Ticker Chg - Current $243.07 AUM $56.04M |
Ticker Chg 0.03% Current $21.94 AUM $54.79M |
Ticker Chg - Current $21.94 AUM $54.79M |
Ticker Chg -0.02% Current $18.65 AUM $54.25M |
Ticker Chg - Current $18.65 AUM $54.25M |
Ticker Chg 0.12% Current $17.85 AUM $59.63M |
Ticker Chg - Current $17.85 AUM $59.63M |
Ticker Chg 0.08% Current $25.01 AUM $60.76M |
Ticker Chg - Current $25.01 AUM $60.76M |
Ticker Chg 0.00% Current $33.81 AUM $60.81M |
Ticker Chg - Current $33.81 AUM $60.81M |
Ticker Chg -0.10% Current $10.48 AUM $61.32M |
Ticker Chg - Current $10.48 AUM $61.32M |
Ticker Chg -0.02% Current $16.74 AUM $50.31M |
Ticker Chg - Current $16.74 AUM $50.31M |
Ticker Chg - Current $11.47 AUM $61.89M |
Ticker Chg - Current $11.47 AUM $61.89M |
Ticker Chg 0.02% Current $28.35 AUM $48.76M |
Ticker Chg - Current $28.35 AUM $48.76M |
| Risk | 1 Yr | 3 Yrs | 5 Yrs | 10 Yrs |
|---|---|---|---|---|
| Alpha | 0.01 | -0.01 | 0.02 | 0.00 |
| Sharpe | 1.39 | 0.26 | 0.81 | 0.49 |
| Treynor | 0.10 | 0.03 | 0.07 | 0.04 |
| R-Sqr | 0.89 | 0.96 | 0.90 | 0.91 |