Key Reasons to Own This Fund
- Monthly distributions
- A core holding as a high-quality, Canadian fixed income portfolio
- Preservation of capital
- Portfolio diversification
Investment Objective
The Fund seeks to provide income by investing in a diversified portfolio of investment grade fixed-income assets, primarily denominated in Canadian dollars. The Fund’s objective is to exceed, to the extent possible, the performance of the FTSE TMX Canada Universe Bond Index.
TOP 10 HOLDINGS
AS OF 31-12-2018
% OF ASSETS
-
Province of Ontario 2.6%, June 2, 2025
7.13%
-
Telus Corp 3.60% January 26, 2021
6.83%
-
Transcanada pipelines 3.69% 07/19/2023
6.61%
-
CI Financial Corp. 3.52%, July 20, 2023
6.42%
-
Saputo Inc 1.939 06/13/2022
5.36%
-
Loblaw Companies Ltd. 3.918%, June 10, 2024
5.33%
-
Nissan Canada Financial Services Inc 2.606% March 5, 2021
5.30%
-
Sun Life Financial Inc. 2.75%, November 23, 2027
5.25%
-
Omers Realty Corp 3.244%, October 04, 2027
4.56%
-
Bell Canada Inc 3.0% October 3, 2022
4.51%
TOTAL: 57.30%
ASSET ALLOCATION %
as of 31-12-2018
Fixed Income 99.72
Cash 0.11
Net other assets (liabilities) 0.16
SECTOR ALLOCATION %
as of 30-09-2018
Corporate Bonds 83.28
Provincial Bonds 16.44
Cash 0.11
Net other assets (liabilities) 0.16
Fund Details
ASSET CLASS
Fixed Income
MINIMUM INITIAL PURCHASE
$500; $25 subsequent purchases
ELIGIBILITY
RSP/RIF/TFSA
Inception Date (DD-MM-YYYY)
01-12-2014
Risk Rating
Low
High
Medium
CLASS A
DISTRIBUTIONS
Monthly, variable
MANAGEMENT FEE
1.40%
Fund Codes
| Front End | MAV 148 |
| DSC | MAV 248 |
| Low Load DSC | MAV 548 |
CLASS F
DISTRIBUTION
Monthly, variable
MANAGEMENT FEE
0.65%
Fund Codes
| MAV 768 |