Marc-André Gaudreau and his team combine a top-down and bottom-up investment process to actively select securities that offer investors the greatest potential for strong risk-adjusted returns. The team selects securities based upon their independent fundamental credit analysis, while employing a capital preservation philosophy that results in a well-diversified, liquid portfolio. The Pool’s flexible mandate allows the manager to shift between different sub-classes of credit securities based upon his outlook for interest rates and credit markets. This allows the team to target higher yields and capital gains over the course of a credit cycle.

 
YTD 2019
6.7
1 mo 3 mo 6 mo 1 yr 3 yrs 5 yrs 10 yrs Incep
0.0 0.2 1.1 5.1 - - - 5.0
 
As at 10/31/19
As at 10/31/19
As at 10/31/19 As at 12/31/18
As at 10/31/19  
iShares iBoxx $ High Yield Corporate Bond ETF 8.6
Vermilion Energy Inc. 0.2
TransAlta Corporation, 5.00%, Series "E" 0.1
Total allocation in top holdings 8.9
As at 10/31/19
Quebecor Media 3.9
Canadian Government 3.3
Enbridge 3.0
Fairfax Financial 2.9
Keyera 2.8
Superior Plus Corp 2.0
Suncor Energy Ventures 1.9
TransCanada 1.7
Parkland Fuel Corp 1.5
CCO Holdings 1.5
Total allocation in top holdings 24.6
As at 10/31/19
AAA 24.3% BB 21.0% C 0.0%
AA 1.8% B 19.1% D 0.0%
A 10.4% CCC 1.0% NR 1.2%
BBB 21.2% CC 0.0%
 
2019
Oct
Sep Aug Jul Jun May Apr Mar Feb Jan 2018
Dec
Nov
0.0382 0.0382 0.0382 0.0382 0.0382 0.0382 0.0382 0.0382 0.0382 0.0382 0.0382 0.0382
 
Management fee rates are applied back to dollar one
Fund Value %
$0K - $250K 1.400
$250K - $1MM 1.325
$1MM - $5MM 1.275
$5MM + 1.225
Notes

1. This monthly distribution is fixed but not guaranteed and may be adjusted from time to time at the discretion of the fund manager.

2 MER For the period ended June 30, 2019.

3. Risk rating measures the degree of uncertainty that an investor can handle regarding fluctuations in the value of their portfolio. The amount of risk associated with any particular investment depends largely on your own personal circumstances including your time horizon, liquidity needs, portfolio size, income, investment knowledge and attitude toward price fluctuations. Investors should consult their financial advisor before making a decision as to whether this pool is a suitable investment for them.

Disclaimer

Commissions, trailing commissions, management fees and expenses all may be associated with investments in pools. Please read the prospectus before investing.

The indicated rates of return are the historical annual compounded total returns including changes in units [share] value and reinvestment of all distributions [dividends] and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. The rates of return are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values of the pool or returns on investment in the pool. Investments in pools are not guaranteed, their values change frequently and past performance may not be repeated.

Compound growth calculations are used only for the purpose of illustrating the effects of compound growth and are not intended to reflect future value of any mutual fund or returns on investment in any mutual fund.

Dynamic Fund Profile rendered at 2019-11-16 06:17:45 PM

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