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 Feb 28, 2026

97% 3%
Equity Fixed Income

Asset mix

Equity Sector Allocation
Financials45.5%
Energy17.4%
Industrials11.1%
Materials9.5%
Consumer Staples5.2%
Utilities5.0%
Communication Services2.5%
Real Estate2.1%
Consumer Discretionary1.3%
Health Care0.2%
Information Technology0.2%
Top 10 Holdings
% Assets
Royal Bank of Canada 9.3%
Toronto-Dominion Bank 7.0%
Brookfield Corp 4.2%
Bank of Montreal 4.2%
Enbridge Inc 4.1%
Canadian Imperial Bank of Commerce 3.9%
Canadian Pacific Kansas City Ltd 3.4%
Manulife Financial Corp 2.9%
Bank of Nova Scotia 2.9%
TC Energy Corp 2.8%
Total % of Top 10 Holdings 44.7%

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
6.2 8.1 16.4 28.1 17.6 - - 13.2 Fund

Distribution ($)/unit

YTD* 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Total distributions 0.10 0.33 0.32 0.30 0.35 --- --- --- --- --- ---
Interest --- 0.00 0.02 0.00 0.01 --- --- --- --- --- ---
Canadian dividends --- 0.29 0.28 0.28 0.33 --- --- --- --- --- ---
Foreign dividends --- 0.03 0.03 0.02 0.01 --- --- --- --- --- ---
Foreign taxes paid --- 0.00 --- --- --- --- --- --- --- --- ---
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.