A fixed-income fund seeking to provide a high level of interest income with the potential for growth.
Is this fund right for you?
- You want to protect your money from inflation while also protecting it from large swings in the market.
- You want to invest in government and corporate bonds, as we well as other debt securities issued in Canada and around the world.
- You're comfortable with a low level of risk.
Risk Rating
How is the fund invested?
(as of May 31, 2024)
Asset allocation (%)
|
Name |
Percent |
|
Domestic Bonds |
78.5 |
|
Cash and Equivalents |
12.7 |
|
Foreign Bonds |
8.6 |
|
Canadian Equity |
0.1 |
|
Other |
0.1 |
Geographic allocation (%)
|
Name |
Percent |
|
Canada |
88.6 |
|
United States |
11.0 |
|
Brazil |
0.2 |
|
France |
0.2 |
Sector allocation (%)
|
Name |
Percent |
|
Fixed Income |
87.2 |
|
Cash and Cash Equivalent |
12.7 |
|
Financial Services |
0.1 |
|
Utilities |
0.1 |
|
Other |
-0.1 |
Growth of $10,000
(since inception)
Data not available based on date of inception
Fund details
(as of May 31, 2024)
Top holdings |
% |
Ontario Province 4.15% 02-Jun-2034 |
7.2 |
Canada Government 2.75% 01-Dec-2055 |
3.8 |
Quebec Province 4.40% 01-Dec-2055 |
3.1 |
United States Treasury 0.13% 15-Apr-2025 |
2.7 |
Bank of Montreal 2.70% 11-Sep-2024 |
2.7 |
United States Treasury 4.25% 15-Feb-2054 |
2.3 |
Alberta Province 3.10% 01-Jun-2050 |
2.1 |
TransCanada Trust 4.65% 18-May-2027 |
1.4 |
Canada Government 0.50% 01-Dec-2050 |
1.2 |
Rogers Communications Inc 5.00% 17-Dec-2081 |
1.2 |
Total allocation in top holdings |
27.7 |
Portfolio characteristics |
|
Standard deviation |
6.7% |
Yield to maturity |
4.7% |
Duration (years) |
8.1 |
Coupon |
4.1% |
Average credit rating |
A |
Understanding returns
Annual compound returns (%)
1 MO |
3 MO |
YTD |
1 YR |
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3 YR |
5 YR |
10 YR |
INCEPTION |
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Calendar year returns (%)
2023 |
2022 |
2021 |
2020 |
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2019 |
2018 |
2017 |
2016 |
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Range of returns over five years
(November 1, 1974 - July 31, 2024)
Best return |
Best period end date |
Worst return |
Worst period end date |
18.0% |
Sept. 1986 |
-1.7% |
Oct. 2022 |
Average return |
% of periods with positive returns |
Number of positive periods |
Number of negative periods |
6.4% |
94.8% |
510 |
28 |