The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Fund Price: $10.62 (as at August 29, 2014)  1-day chg: $.0006 0.01%  YTD: 6.55%

Returns as at July 31, 2014

  Fund Group Avg Index*
1 Month 0.62% 0.36% 0.36%
3 Months 2.06% 1.63% 1.63%
6 Months 2.77% 2.31% 2.24%
1 Year 5.64% 4.43% 4.49%
2 Year Avg 2.50% 1.63% 1.67%
3 Year Avg 3.97% 2.96% 3.99%
4 Year Avg 4.46% 3.48% 4.23%
5 Year Avg 5.07% 4.08% 4.59%
10 Year Avg 5.32% 4.02% 4.38%
15 Year Avg 5.88% 4.52% 4.69%
20 Year Avg 6.95% 5.66% 5.70%
Since Inception 8.75% - -
 
2013 -1.26% -1.85% -1.86%
2012 3.43% 3.30% 3.21%
2011 8.33% 7.11% 9.83%
 
3 year risk 2.96 3.10 3.32
3 year beta 0.78 0.75 1.00

*Globe Canadian Fixed Income Peer Index

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the Globe Canadian Fixed Income Peer Index.

Risk Measures as at July 31, 2014

Best/Worst 12 months (since inception)
Best (ending Jun 83): 44.81 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Sep 81): -11.94 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Volatility meter (Based on 3 year standard deviation from GlobeInvestor.com)
Low VOLATILITY METER: 3 High

Fund Objectives

The fundamental investment objectives of the fund are to provide relatively high yields and stability of capital by investing primarily in a well-diversified portfolio of fixed income securities issued by Canadian governments and corporations.

Fund Facts

Fund Sponsor: Phillips, Hager & North Inv Mgmt
Managed by: Phillips, Hager & North Inv Mgmt
Fund Type: MF Trust
Inception Date: December 1970
Asset Class: Canadian Fixed Income
Quartile Rank: 1 (3YR ending July 31, 2014)
Total Assets: $621.2 million
Mgmt Exp. Ratio (MER): 0.60%
Management Fee: 0.50%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$25,000
Subsequent:
$1,000
Min. Invest (initial RRSP):
$25,000
Subsequent RRSP:
$1,000
Closed:
No
Restricted:
Yes
Restriction:
(Min Initial Investment $25,000)
 
 

Asset Allocation March 31, 2014

Bond Type March 31, 2014

Bond Term March 31, 2014

Top Holdings as at March 31, 2014

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at August 29, 2014
1 Year Performance (%)
  Province of Ontario, 7.60%, JUN/02/27 Bond 3.82   5.74 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Ontario, 4.00%, JUN/02/21 Bond 3.72   4.26 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Ontario, 6.50%, MAR/08/29 Bond 2.38   6.78 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Ontario, 4.65%, JUN/02/41 Bond 2.21   10.32 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Ontario, 5.60%, JUN/02/35 Bond 2.17   8.89 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canada Housing Trust, 4.10%, DEC/15/18 Bond 1.76   1.27 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Ontario, 5.85%, MAR/08/33 Bond 1.69   8.26 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Ontario, 4.60%, JUN/02/39 Bond 1.53   10.2 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Ontario, 3.15%, JUN/02/22 Bond 1.47   5.91 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canada Housing Trust, 2.65%, MAR/15/22 Bond 1.47   5.37 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Distribution Report (18 months up to August 29, 2014)

Frequency of Income Distributions: Quarterly

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Jun 27, 2014 0.0800 0.0800 0.3237 10.429
Mar 28, 2014 0.0800 0.0800 0.3237 10.339
Dec 20, 2013 0.0610 0.0227 0.0837 0.3237 10.162
Sep 27, 2013 0.0800 0.0800 0.4680 10.160
Jun 27, 2013 0.0800 0.0800 0.4680 10.245
Mar 27, 2013 0.0800 0.0800 0.4680 10.567

Portfolio Manager(s)

Phillips, Hager & North - Mgmt. Team

Phillips, Hager & North Inv Mgmt

Start Date: December, 1970

Fund Return: 8.75%

The Manager is responsible for the overall management of the Fund including management of the investment portfolio, providing investment research, making investment decisions relating to the purchase and sale of securities and making brokerage arrangements for the execution of such transactions.

Also manages:BonaVista Global Bal Fund Series D, IA Ecflx Monthly Income (PH&N), IA SRP Monthly Income (PH&N), Multi-Manager Canadian Bond, PH&N $US Money Mkt Fd (US$) Srs D, PH&N Bal Fund Series D, PH&N Canadian Growth Fund Series D, PH&N Cdn Eq Plu Pension Tr Fd Srs D, PH&N Cdn Money Market Fund Series D, PH&N Community Vals Bal Fd Srs D, PH&N Community Vals Bond Fund Srs D, PH&N Community Vals Cdn Eq Fd Srs D, PH&N Community Vals Glo Eq Fd Srs D, PH&N Community Values Bond-O, PH&N Curr Hedged U.S. Eq Fd Srs D, PH&N Dividend Income Fund Series D, PH&N Global Equity Fund Series D, PH&N High Yield Bond Srs D, PH&N Small Float Fund, PH&N Total Return Bond Fund Srs D, PH&N U.S. Dividend Income Fd Srs D, PH&N U.S. Equity Fund Series D, PH&N U.S. Growth Fund Series D, PH&N Vintage Series D, Teachers' RSP-Equity Section, Tradex Equity Fund Limited

View fund manager performance report