Investment objective

To provide stability of capital and maximum total return by investing primarily in a well-diversified portfolio of Canadian fixed income securities and derivatives based on the value of fixed income instruments.

  • Fund Category Fixed Income Funds
  • Inception Date Jun 30, 2007
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Fund details

Series

Currency

Fund code

MER * (%)
F CAD 5340 0.50%

Portfolio analysis As of Apr 30, 2026

0% 100%
Equity Fixed Income

Asset mix

Fixed Income Breakdown

Government Bonds41.4%
Corporate Bonds39.7%
ST Investments (Cash & Other)19.0%

Top 10 Holdings

% Assets
Phillips, Hager & North High Yield Bond Fund - Series O 4.6%
Province of Ontario 3.900% Jun 02, 2036 4.5%
Canadian Government Bond 3.500% Dec 01, 2057 3.6%
Canadian Government Bond 2.750% Mar 01, 2031 3.5%
Canadian Government Bond 3.250% Dec 01, 2035 3.4%
Province of Ontario 3.750% Dec 02, 2053 1.7%
Province of Quebec 2.850% Dec 01, 2053 1.5%
Province of Ontario 4.700% Jun 02, 2037 1.4%
Province of British Columbia 4.600% Jun 18, 2057 1.3%
Province of Alberta 3.100% Jun 01, 2050 1.1%
Total % of Top 10 Holdings 26.6%

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
0.3 -0.1 -0.5 1.9 3.2 0.8 1.9 3.4 Fund

Distribution ($)/unit

Empty column YTD* 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Total distributions 0.10 0.36 0.36 0.35 0.29 0.27 0.43 0.29 0.28 0.29 0.45
Interest --- 0.36 0.36 0.35 0.29 0.26 0.30 0.29 0.28 0.29 0.31
Canadian dividends --- --- --- --- --- --- --- --- --- --- ---
Foreign dividends --- --- --- --- --- --- --- --- --- --- ---
Foreign taxes paid --- --- --- --- --- --- --- --- --- --- ---
Capital gains --- --- --- --- --- 0.01 0.13 --- --- --- 0.14
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.