Investment objective

To achieve long-term total returns consisting of regular dividend income, which benefits from the preferential tax treatment given to dividends from Canadian companies, and modest longterm capital growth. The Fund invests primarily in common shares, with above-average dividend yields. The Fund also invests in preferred shares of major Canadian companies.

  • Fund Category Canadian Equity Funds
  • Inception Date Jan 24, 2022
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Fund details

Series
Currency
Fund code
MER * (%)
F CAD 35241 0.78%

Portfolio analysis As of Aug 31, 2025

98% 2%
Equity Fixed Income

Asset mix

Equity Sector Allocation
Financials46.4%
Energy16.1%
Industrials13.0%
Materials6.0%
Utilities5.4%
Consumer Staples5.2%
Communication Services3.3%
Real Estate2.4%
Consumer Discretionary1.4%
Information Technology0.5%
Health Care0.4%
Top 10 Holdings
% Assets
Royal Bank of Canada 9.4%
Toronto-Dominion Bank 7.1%
Brookfield Corp 5.0%
Enbridge Inc 4.3%
Bank of Montreal 4.2%
Canadian Imperial Bank of Commerce 3.7%
Canadian Pacific Kansas City Ltd 3.4%
Bank of Nova Scotia 2.9%
Manulife Financial Corp 2.9%
Power Corp of Canada 2.9%
Total % of Top 10 Holdings 45.8%

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
3.9 8.5 16.0 19.7 16.7 - - 11.3 Fund

Distribution ($)/unit

YTD* 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Total distributions 0.26 0.32 0.30 0.35 --- --- --- --- --- --- ---
Interest --- 0.02 0.00 0.01 --- --- --- --- --- --- ---
Canadian dividends --- 0.28 0.28 0.33 --- --- --- --- --- --- ---
Foreign dividends --- 0.03 0.02 0.01 --- --- --- --- --- --- ---
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.