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Fund Price: $6.49 (as at August 31, 2017)      YTD: -10.84%

Returns as at August 31, 2017

  Fund Group Avg Index*
1 Month -5.01% 0.15% 0.15%
3 Months -7.29% 0.51% 0.46%
6 Months -9.73% 2.09% 1.94%
1 Year -14.09% 5.25% 4.98%
2 Year Avg -5.37% 5.61% 5.11%
3 Year Avg -0.01% 2.96% 2.79%
4 Year Avg - 4.44% 4.10%
5 Year Avg - 4.50% 4.06%
10 Year Avg - 5.06% 4.72%
15 Year Avg - 5.60% 5.22%
20 Year Avg - 4.14% 4.27%
Since Inception 1.47% - -
 
2016 -0.75% 10.34% 9.63%
2015 9.13% -3.08% -2.75%
2014 - 2.88% 2.59%
 
3 year risk 4.46 6.07 4.26
3 year beta 0.01 1.05 1.00

*Globe High Yield 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 High Yield Fixed Income Peer Index.

Risk Measures as at August 31, 2017

Best/Worst 12 months (since inception)
Best (ending Aug 15): 11.63 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Aug 17): -14.09 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 primary objectives are: Preserve capital and provide a steady stream of income. The fund provides a unique opportunity to invest in high yield loans targeting income generation and capital preservation. The fund buys short term, high yield, US dollar business loans between $5,000 and $150,000. These loans have maturities of up to one and a half years and generate daily interest and principal payments until maturity.

Fund Facts

Fund Sponsor: Palos Management Inc
Managed by: Palos Management Inc
Fund Type: MF Trust
Inception Date: January 2014
Asset Class: High Yield Fixed Income
Quartile Rank: 4 (3YR ending August 31, 2017)
Total Assets: N/A
Mgmt Exp. Ratio (MER): -
Management Fee: 2.00%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$25,000
Subsequent:
$500
Min. Invest (initial RRSP):
-
Subsequent RRSP:
-
Closed:
No
Restricted:
Yes
Restriction:
(Min Initial Investment $25,000)
 
 

Asset Allocation

Bond Type

Bond Term

Top Holdings

Distribution Report (18 months up to September 21, 2017)

Frequency of Income Distributions: None

Frequency of Capital Gain Distributions: None

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Mar 31, 2017 0.1800 0.1800 0.7475 7.174
Dec 30, 2016 0.1775 0.1775 0.7575 7.458
Sep 30, 2016 0.1400 0.1400 1.3700 7.955
Jun 30, 2016 0.2500 0.2500 1.5900 7.960
Mar 31, 2016 0.1900 0.1900 1.7300 8.111