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 0.87%

Portfolio analysis As of Feb 28, 2026

0% 100%
Equity Fixed Income

Asset mix

Top 10 Holdings
% Assets
Brazil Letras do Tesouro Nacional Strip Jan 01, 2030 0.6%
Mexican Bonos 8.500% Nov 18, 2038 0.5%
Bank of Nova Scotia 2.551% Feb 05, 2027 0.3%
Turkiye Government Bond 30.000% Sep 12, 2029 0.3%
Total % of Top 10 Holdings 1.7%

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
1.3 1.4 4.3 7.3 7.0 4.8 3.1 2.7 Fund

Distribution ($)/unit

YTD* 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Total distributions 0.04 0.86 0.49 0.42 --- --- 0.03 0.46 0.05 0.37 0.33
Interest --- 0.86 0.49 0.42 --- --- 0.03 0.46 0.05 0.37 0.33
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.