Investment objective

To provide total returns associated with those of emerging market currencies and short-term interest rates and to provide total returns comprised of income and modest capital growth. The fund invests primarily in short-term Canadian money market instruments and foreign exchange forward contracts on emerging market currencies.

  • Fund Category Fixed Income Funds
  • Inception Date Jul 27, 2015
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Fund details

Series
Currency
Fund code
MER * (%)
F CAD 35013 0.88%

Portfolio analysis As of Mar 31, 2025

0% 100%
Equity Fixed Income

Asset mix

Top 10 Holdings
% Assets
Brazil Letras do Tesouro Nacional Strip Jan 01, 2030 0.4%
Mexican Bonos 8.500% Nov 18, 2038 0.4%
Total % of Top 10 Holdings 0.8%

Geographic allocation

Region

Performance analysis

Growth of $10,000 since inception

Calendar returns

Trailing return

1 Mth 3 Mth 6 Mth 1 year 3 years 5 years 10 years Since Inception
-1.6 -1.0 2.2 6.3 7.1 2.9 - 2.1 Fund

Distribution ($)/unit

YTD* 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Total distributions 0.07 0.49 0.42 --- --- 0.03 0.46 0.05 0.37 0.33 0.38
Interest --- 0.49 0.42 --- --- 0.03 0.46 0.05 0.37 0.33 0.38
Canadian dividends --- --- --- --- --- --- --- --- --- --- ---
Foreign dividends --- --- --- --- --- --- --- --- --- --- ---
Foreign taxes paid --- --- --- --- --- --- --- --- --- --- ---
Capital gains --- --- --- --- --- --- --- --- --- --- ---
Return of capital --- --- --- --- --- --- --- --- --- --- ---

* MER (%) is based on actual expenses for the preceding calendar year or most recent half-year period ended June 30 expressed on an annualized basis, depending on availability of date at the time of publication.