Investment objective

To provide a combination of regular U.S. dollar monthly income and modest capital growth. The fund invests primarily in U.S. fixed-income securities such as government and corporate bonds, notes, asset-backed securities and preferred shares. The fund also invests in high-quality equity securities of U.S. companies. It may also invest in high-yield debt securities and emerging market sovereign and corporate bonds.

  • Fund Category Balanced Funds & Portfolio Solutions
  • Inception Date Aug 11, 2014
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Fund details

Series

Currency

Fund code

MER * (%)
F CAD 35023 0.77%

Portfolio analysis As of Apr 30, 2026

48% 52%
Equity Fixed Income

Asset mix

Equity Sector Allocation

Fixed Income Breakdown

Information Technology31.4%
Communication Services13.5%
Financials13.4%
Health Care12.8%
Industrials8.6%
Energy4.8%
Consumer Discretionary4.6%
Consumer Staples3.7%
Utilities3.7%
Real Estate3.6%
Corporate Bonds39.6%
Mortgage Backed Securities34.5%
Government Bonds20.1%
ST Investments (Cash & Other)6.3%
Other Bonds-0.4%

Top 10 Holdings

% Assets
Alphabet Inc - Class A Shares 3.6%
NVIDIA Corp 3.3%
Apple Inc 3.2%
Microsoft Corp 2.4%
Broadcom Inc 2.2%
United States Treasury Note/Bond 1.875% Nov 15, 2051 1.3%
Meta Platforms Inc - Class A Shares 1.3%
United States Treasury Note/Bond 4.000% Mar 31, 2030 1.3%
United States Treasury Note/Bond 4.250% Aug 15, 2054 1.1%
Cisco Systems Inc 1.1%
Total % of Top 10 Holdings 20.8%

Geographic allocation

Region

Performance analysis

Growth of $10,000 since inception

Calendar returns

Trailing return

Empty column 1 Mth 3 Mth 6 Mth 1 year 3 years 5 years 10 years Since Inception Empty column
3.3 4.3 4.2 17.7 13.4 9.0 8.1 9.1 Fund

Distribution ($)/unit

Empty column YTD* 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Total distributions 0.23 1.01 1.81 0.53 0.51 0.75 0.90 0.52 0.53 0.43 0.44
Interest --- 0.23 0.17 0.11 0.09 --- 0.03 0.06 0.06 0.04 0.07
Canadian dividends --- --- --- --- --- --- --- --- --- --- ---
Foreign dividends --- 0.16 0.15 0.15 0.16 0.11 0.18 0.15 0.15 0.16 0.18
Foreign taxes paid --- -0.02 -0.02 -0.02 -0.02 -0.02 -0.02 -0.02 -0.02 -0.02 -0.03
Capital gains --- 0.64 1.51 0.09 --- 0.66 0.71 0.34 0.34 0.17 0.18
Return of capital --- --- --- 0.20 0.28 --- --- --- --- 0.07 0.03

* 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.