Investment objective

The fundamental investment objective of the Fund is to provide a relatively high monthly income that may consist of dividend income, interest income, realized capital gains and a return of capital, with the potential for modest capital growth, by investing in a well-diversified balanced portfolio of income-producing equity securities including, but not limited to, common shares of Canadian companies that pay dividends and income trusts, and fixed income securities such as preferred shares, government and corporate bonds, debentures and notes.

  • Fund Category Balanced Funds & Portfolio Solutions
  • Inception Date Dec 31, 2009
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Fund details

Series
Currency
Fund code
MER * (%)
F CAD 5660 0.83%

Portfolio analysis As of Mar 31, 2025

65% 35%
Equity Fixed Income

Asset mix

Equity Sector Allocation
Fixed Income Breakdown
Financials36.4%
Energy17.8%
Industrials15.7%
Utilities7.5%
Consumer Staples5.5%
Information Technology4.9%
Communication Services4.4%
Real Estate3.5%
Consumer Discretionary2.8%
Materials1.6%
Government Bonds62.0%
Corporate Bonds34.7%
ST Investments (Cash & Other)3.3%
Top 10 Holdings
% Assets
RBC High Yield Bond Fund - Series O 5.2%
Phillips, Hager & North High Yield Bond Fund - Series O 4.6%
Enbridge Inc 3.4%
Toronto-Dominion Bank 3.2%
Royal Bank of Canada 3.2%
Canadian Pacific Kansas City Ltd 2.9%
Brookfield Corp 2.4%
Canadian Government Bond 2.750% Mar 01, 2030 2.4%
Waste Connections Inc 2.4%
Constellation Software Inc/Canada 2.4%
Total % of Top 10 Holdings 32.1%

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
-0.2 -1.0 2.5 12.6 6.7 9.5 5.9 6.6 Fund

Distribution ($)/unit

YTD* 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Total distributions 0.20 0.55 0.52 0.58 0.55 0.52 0.47 0.53 0.53 0.49 0.53
Interest --- 0.02 0.01 --- --- 0.03 0.01 0.00 --- 0.08 0.01
Canadian dividends --- 0.22 0.23 0.22 0.20 0.22 0.21 0.19 0.09 0.19 0.21
Foreign dividends --- 0.03 0.02 --- --- --- --- --- --- --- ---
Foreign taxes paid --- 0.00 --- --- --- --- --- --- --- --- ---
Capital gains --- 0.16 0.17 0.08 0.35 0.03 --- 0.07 0.33 0.08 0.04
Return of capital --- 0.13 0.09 0.27 --- 0.23 0.26 0.28 0.11 0.14 0.28

* 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.