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Fund Price: $8.58 (as at September 19, 2014)  1-day chg: $.01 0.12%  YTD: 4.63%

Returns as at August 31, 2014

  Fund Group Avg Index*
1 Month 1.05% 0.82% 0.82%
3 Months 1.64% 1.44% 1.43%
6 Months 3.08% 2.79% 2.73%
1 Year 6.89% 6.07% 6.12%
2 Year Avg 2.69% 2.15% 2.12%
3 Year Avg 3.53% 3.10% 4.10%
4 Year Avg 3.51% 3.30% 4.00%
5 Year Avg 4.24% 4.06% 4.52%
10 Year Avg 3.70% 4.02% 4.34%
15 Year Avg - 4.60% 4.74%
20 Year Avg - 5.61% 5.60%
Since Inception 4.28% - -
 
2013 -1.56% -1.84% -1.86%
2012 3.48% 3.35% 3.21%
2011 7.19% 7.12% 9.83%
 
3 year risk 2.93 3.08 3.33
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 August 31, 2014

Best/Worst 12 months (since inception)
Best (ending Oct 09): 10.75 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Jun 06): -2.62 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

This Fund seeks high current income and some long-term capital appreciation by investing primarily in Canadian federal and provincial government and corporate bonds, debentures and short-term notes. It maintains an overweight position in high quality ("A" rated and better) corporate and provincial issues, an underweight position in Canadian federal bonds and it does no active rate anticipation switches. It may invest in foreign fixed income securities up to the limits allowed for registered plans (30% of the Fund in 2001). Covered calls and puts may be used to enhance returns.

Fund Facts

Fund Sponsor: Franklin Templeton Investments
Managed by: Franklin Templeton Investments
Fund Type: MF Corp
Inception Date: June 2001
Asset Class: Canadian Fixed Income
Quartile Rank: 2 (3YR ending August 31, 2014)
Total Assets: N/A
Mgmt Exp. Ratio (MER): 1.58%
Management Fee: 1.30%
Load Type: Optional
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$500
Subsequent:
$500
Min. Invest (initial RRSP):
$500
Subsequent RRSP:
$100
Closed:
Yes
Restricted:
No
Restriction:
 
 

Asset Allocation June 30, 2014

Bond Type June 30, 2014

Bond Term June 30, 2014

Top Holdings as at June 30, 2014

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at September 19, 2014
1 Year Performance (%)
  Province of Quebec, 1.44%, AUG/21/19 Bond 4.26   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Financement Quebec, 0.00%, MAY/29/19 Bond 3.71   - 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 3.71   7.65 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of New Brunswick, 5.50%, JAN/27/34 Bond 2.61   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Inter American Devel. Bank, 4.40%, JAN/26/26 Bond 1.81   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Manitoba, 4.40%, SEP/05/25 Bond 1.77   5.89 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 2.50%, JUN/01/24 Bond 1.55   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  City of Toronto, 4.95%, JUN/27/18 Bond 1.52   0.73 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Ontario, 4.70%, JUN/02/37 Bond 1.46   8.99 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  B.C. Municipal Finance, 4.88%, JUN/03/19 Bond 1.38   1.79 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Portfolio Manager(s)

Heather McOuatt, CFA

Bissett Investment Management

Start Date: November, 2008

Fund Return: 6.47%

Ms. McOuatt joined Bissett Investment Management (formerly Bissett & Associates) in 1997 as a money market trader and moved into the role of fixed income analyst/trader in 1999. In 2003, she assumed the position of fixed income analyst/portfolio manager. She is responsible for economic and fundamental corporate credit analysis as well as the management of fixed income portfolios. She is co-manager of the Bissett Short Term Bond Fund. Prior to joining the firm, she was a registered representative and licensed options trader for a discount brokerage firm. Ms. McOuatt graduated from the University of Regina with a Bachelor of Administration degree in 1993 and earned her Chartered Financial Analyst designation in 2002.

Also manages:FT Bissett Bond Yield Cl Sr A, FT Bissett Can Short Term Bd F, FT Bissett Corp Bd Yld Cl Sr A, FT Bissett Corporate Bond Sr F, FT Bissett MM Yield Cl Srs A, FT Bissett Money Market Sr A, FT Bissett Strategic Inc Sr A, Franklin Bis Cdn Sht Term Bd Fd-A, Frk Tmp Treasury Bill, Tmpltn Canadian Balanced

View fund manager performance report

Thomas O'Gorman, MBA, CFA

Bissett Investment Management

Start Date: July, 2010

Fund Return: 4.97%

Tom O'Gorman , CFA, is Director of Fixed Income at Bissett Investment Management and has been with the organization since 2010. Mr. O'Gorman shares co-lead responsibilities of the Bissett Income Strategy Development and Implementation, including Bissett Bond Fund, Bissett Institutional Fixed Income Program, Bissett Canadian Balanced Fund, Templeton Canadian Balanced Fund, Bissett Strategic Income Fund and Franklin Bissett Canadian All Cap Balanced Fund. Mr. O'Gorman is a graduate of William Paterson University (Bachelor of Administration) and Rutgers University (Masters of Business Administration). Mr. O'Gorman earned his Chartered Financial Analyst (CFA) Charterholder designation in 1999.

Also manages:FT Bissett Bond Yield Cl Sr A, FT Bissett Can Bal CC Sr A, FT Bissett Corp Bd Yld Cl Sr A, FT Bissett Strategic Inc Sr A, Franklin Bis Cdn All Cap Bal Fd-A, Tmpltn Canadian Balanced

View fund manager performance report