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Fund Quote

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Fund Price: $10.25 (as at July 29, 2010)  1-day chg: $.0195 0.19%  YTD: 3.85%

Returns as at June 30, 2010

  Fund Group Avg Index*
1 Month 1.39% 1.47% 1.47%
3 Months 2.32% 2.30% 2.25%
6 Months 3.93% 3.61% 3.55%
1 Year - 6.61% 6.53%
2 Year Avg - 5.67% 5.63%
3 Year Avg - 5.29% 5.31%
4 Year Avg - 4.79% 4.88%
5 Year Avg - 3.49% 3.60%
10 Year Avg - 4.95% 4.94%
15 Year Avg - 5.76% 5.60%
20 Year Avg - 6.99% 6.83%
Since Inception 5.09% - -
 
2009 - 6.18% 6.22%
2008 - 3.01% 2.86%
2007 - 1.79% 1.98%
 
3 year risk - 3.63 3.28
3 year beta - 1.02 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 June 30, 2010

Best/Worst 12 months (since inception)
Best (ending ): 0 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending ): 0 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 Globefund.com)
Low VOLATILITY METER: 3 High

Fund Objectives

The Fund's objective is to provide a steady flow of income and modest capital gains. The Fund invests primarily in high quality fixed income securities issued by Canadian federal, provincial and municipal governments and Canadian corporations. Any change to the fundamental investment objectives must be approved by a majority of votes cast at a meeting of unitholders called for that purpose.

Fund Facts

Fund Sponsor: Scotia Securities Inc.
Managed by: Scotia Asset Management L.P.
Fund Type: MF Trust
Inception Date: August 2009
Asset Class: Canadian Fixed Income
Quartile Rank: - (3YR ending June 30, 2010)
Total Assets: $53.4 million
Mgmt Exp. Ratio (MER): 1.23%
Management Fee: 1.10%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$500
Subsequent:
$50
Min. Invest (initial RRSP):
$500
Subsequent RRSP:
$50
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation May 31, 2010

Bond Type May 31, 2010

Bond Term May 31, 2010

Top Holdings as at May 31, 2010

Symbol Company Name Sector Geographic
Area		 Asset
Type		 % of
Total Assets		   Performance as at July 29, 2010
1 Year Performance (%)
  Gov't of Canada, 1.25%, JUN/01/11 Bond 32.46   0.18 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 22.95   4.33 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 14.22   3.31 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  MORTAGE & R/E Other 5.4   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Hydro-Quebec, 11.00%, AUG/15/20 Bond 2.62   0.98 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  B.C. Municipal Finance, 4.60%, APR/23/18 Bond 1.68   5.37 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Golden Credit Card Trust, 3.82%, MAY/15/15 Bond 1.11   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  General Electric, 5.73%, OCT/22/37 Bond 1.08   15.89 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  EnCana Corp., 5.80%, JAN/18/18 Bond 1.07   4.38 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Great-West Lifeco, 6.67%, MAR/21/33 Bond 1.05   - 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 July 29, 2010)

Frequency of Income Distributions: Monthly

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Jun 30, 2010 0.0217 0.0217 0.2472 10.256
May 31, 2010 0.0221 0.0221 0.2255 10.137
Apr 30, 2010 0.0213 0.0213 0.2034 10.054
Mar 31, 2010 0.0295 0.0295 0.1821 10.088
Feb 26, 2010 0.0264 0.0264 0.1526 10.160
Jan 29, 2010 0.0435 0.0435 0.1262 10.168
Dec 18, 2009 0.0132 0.0132 0.0827 10.085
Nov 30, 2009 0.0280 0.0280 0.0695 10.189
Oct 30, 2009 0.0291 0.0291 0.0415 10.088
Sep 30, 2009 0.0124 0.0124 0.0124 10.139

Portfolio Manager(s)

Romas Budd

Scotia Asset Management L.P.

Start Date: September, 2009

Fund Return: 5.08%

Romas Budd has more than 23 years of investment experience and joined Scotia Cassels in 1990. As Managing Director of the fixed income team, Romas oversees all fixed income mandates at Scotia Cassels. Romas is an Honours graduate of the Bachelor of Science program at McMaster University and obtained a Masters of Business Administration from the University of Toronto.

View fund manager performance report