Investment objective

To provide long-term returns consisting primarily of interest income and moderate capital growth. The Fund invests primarily in investment grade fixed-income securities issued by Canadian corporations. It may also hold similar securities of U.S. corporations.

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Fund details

Series
Currency
Fund code
MER * (%)
F CAD 35247 0.49%

Portfolio analysis As of Mar 31, 2025

1% 99%
Equity Fixed Income

Asset mix

Fixed Income Breakdown
Corporate Bonds95.2%
Government Bonds1.9%
Other Bonds1.4%
ST Investments (Cash & Other)1.4%
Top 10 Holdings
% Assets
Toronto-Dominion Bank 1.888% Mar 08, 2028 0.9%
Canadian Government Bond 2.750% Dec 01, 2055 0.8%
United States Treasury Note/Bond 4.250% Nov 15, 2034 0.8%
Bank of Nova Scotia 2.950% Mar 08, 2027 0.7%
CU Inc 4.085% Sep 02, 2044 0.7%
407 International Inc 3.830% May 11, 2046 0.7%
Enbridge Gas Inc 4.150% Aug 17, 2032 0.6%
Equitable Bank 3.990% Mar 24, 2028 0.6%
Enbridge Inc 3.100% Sep 21, 2033 0.6%
Manulife Financial Corp 5.054% Feb 23, 2034 0.6%
Total % of Top 10 Holdings 7.0%

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
-0.1 1.7 2.7 8.6 4.1 2.8 2.4 4.0 Fund

Distribution ($)/unit

YTD* 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Total distributions 0.15 0.38 0.34 0.32 0.32 0.33 0.34 0.36 0.35 0.35 0.35
Interest --- 0.38 0.34 0.32 0.31 0.33 0.33 0.34 0.34 0.35 0.35
Canadian dividends --- --- --- --- 0.00 0.00 0.01 0.01 0.01 --- ---
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.