Investment objective

To provide relatively high yields and stability of capital by investing primarily in a well-diversified portfolio of short-term fixed income securities issued by Canadian governments and corporations, and first mortgages on property located in Canada.

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Fund details

Series
Currency
Fund code
MER * (%)
F CAD 5250 0.50%

Portfolio analysis As of Mar 31, 2025

0% 100%
Equity Fixed Income

Asset mix

Fixed Income Breakdown
Government Bonds48.3%
Corporate Bonds44.5%
ST Investments (Cash & Other)3.8%
Asset Backed Securities3.5%
Top 10 Holdings
% Assets
Canadian Government Bond 2.750% May 01, 2027 23.9%
Canadian Government Bond 3.500% Mar 01, 2028 4.5%
Province of Ontario 2.050% Jun 02, 2030 3.8%
Canadian Government Bond 4.000% Mar 01, 2029 1.9%
National Housing Act MBS (97526381) 3.840% Sep 01, 2028 1.4%
Canada Housing Trust No 1 2.900% Dec 15, 2029 1.4%
Bank of Montreal 4.537% Dec 18, 2028 1.2%
Bank of Montreal 4.709% Dec 07, 2027 1.1%
National Housing Act MBS (97530112) 3.721% Oct 01, 2029 0.9%
Toronto-Dominion Bank 5.376% Oct 21, 2027 0.9%
Total % of Top 10 Holdings 41.0%

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
0.3 1.6 2.1 6.7 3.6 2.3 1.9 2.8 Fund

Distribution ($)/unit

YTD* 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Total distributions 0.08 0.31 0.30 0.23 0.21 0.20 0.21 0.21 0.18 0.20 0.23
Interest --- 0.31 0.30 0.23 0.21 0.20 0.21 0.21 0.18 0.20 0.22
Canadian dividends --- --- --- --- --- --- --- --- --- --- ---
Foreign dividends --- --- --- --- --- --- --- --- --- --- ---
Foreign taxes paid --- --- --- --- --- --- --- --- --- --- ---
Capital gains --- --- --- --- --- --- --- --- --- --- 0.01
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.