The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

Fund Price: $42.68 (as at September 18, 2017)  1-day chg: $.005 0.01%  YTD: 0.22%

Returns as at August 31, 2017

  Fund Group Avg Index*
1 Month 1.42% 1.09% 1.09%
3 Months -1.93% -1.39% -1.45%
6 Months 0.73% 0.62% 0.59%
1 Year -1.29% -1.29% -1.34%
2 Year Avg 2.14% 1.46% 1.44%
3 Year Avg 2.81% 1.54% 1.61%
4 Year Avg 4.07% 2.61% 2.72%
5 Year Avg 3.07% 1.80% 1.82%
10 Year Avg 4.81% 3.48% 3.82%
15 Year Avg 4.91% 3.57% 3.93%
20 Year Avg 5.24% 4.06% 4.22%
Since Inception - - -
 
2016 2.17% 1.59% 1.44%
2015 2.65% 0.83% 0.97%
2014 8.98% 6.24% 6.39%
 
3 year risk 3.87 3.90 3.29
3 year beta 1.16 1.00 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, 2017

Best/Worst 12 months (since inception)
Best (ending Jun 85): 27.36 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Jan 95): -6.59 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: 4 High

Fund Objectives

The Fund's objective is to provide a high level of current interest income and capital gain potential from high quality, fixed-income investments. It is designed for long-term investors who seek current income higher than money market rates and willing to accept price fluctuations, want to balance their equity portfolio with a fixed-income investment, want a portfolio of bonds and mortgages with differing maturities. The Fund will invest primarily in marketable Government of Canada, provincial, municipal and corporate bonds rated "A" or better by a recognized bond rating agency. It may also invest in residential mortgages (up to 30% of the Fund's market value) as well as high-quality money market securities.

Fund Facts

Fund Sponsor: Equitable Life Insur. Co of Can
Managed by: MFS Investment Management Canada Ltd.
Fund Type: Seg
Inception Date: January 1974
Asset Class: Canadian Fixed Income
Quartile Rank: 1 (3YR ending August 31, 2017)
Total Assets: N/A
Mgmt Exp. Ratio (MER): 0.39%
Management Fee: 1.56%
Load Type: Front End
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
-
Subsequent:
$0
Min. Invest (initial RRSP):
-
Subsequent RRSP:
$0
Closed:
Yes
Restricted:
Yes
Restriction:
Not Available in PQ
 
 

Asset Allocation July 31, 2017

Bond Type July 31, 2017

Bond Term July 31, 2017

Top Holdings as at July 31, 2017

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at September 19, 2017
1 Year Performance (%)
  Ontario Province 4.000% 02-Jun-2021 Bond 5.77   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Alberta, 4.00%, DEC/01/19 Bond 3.88   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Alberta, 3.45%, DEC/01/43 Bond 3.82   -0.41 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Ontario Province 4.700% 02-Jun-2037 Bond 3.73   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Quebec Province 4.500% 01-Dec-2019 Bond 3.65   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 0.75%, SEP/01/21 Bond 3.56   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canada 3.500% 01-Dec-2045 Bond 2.92   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Other Other 2.68   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Ontario Province 3.150% 02-Jun-2022 Bond 2.45   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  TD Bank, 3.23%, JUL/24/24 Bond 2.44   3.27 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Portfolio Manager(s)

C. Conover, P. Marcogliese, P. Kotsopoulos, R. Spector

MFS Investment Management Canada Ltd.

Start Date: April, 2012

Fund Return: 3.31%

View fund manager performance report